Standard Loan definition

Standard Loan means any loan of a Contract Player completed in accordance with the provisions of Regulation 55.
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Standard Loan means a Franchisee Loan in an Approved Franchise ------------- Concept or a Real Estate Loan in an Approved Real Estate Concept (i) conforming in all material respects to the underwriting guidelines contained in the Underwriting Manual, (ii) processed in accordance with the Processing Manual and (iii) documented using the Loan Documents.
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Standard Loan. A standard loan is any loan that is not a carryover loan.
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Examples of Standard Loan in a sentence

  • A Standard Loan is the amount that may be borrowed from the sum of premiums paid.

  • Personal Loan vs Standard Loan Unlike business or auto loans whose terms prescribe how funds may be spent, personal loan money may be used for any purpose by the borrower.

  • If the amount due is more than 20% of the Policy Value, we will treat the excess as a Standard Loan.

  • PayU Installments - 0% and Standard Loan Agreement is concluded between the borrower and the lender, i.e. Alior Bank or mBank or Kreditech or AS INBANK S.A. Polish Branch, with which PayU S.A. cooperates and intermediates in execution of the above-mentioned agreements.

  • FHA Standard Loan Modification Payment and Interest Rate Reductions, 2007 – 2011………….…………………………………………………………………………………..

  • After the Acceptance Date but prior to the Effective Time, the Company shall repay in full all outstanding indebtedness under the Standard Loan Agreement, dated March 29, 2006, between the Company and Bank of America, N.A. and the Promissory Notes between General Electric Capital Corporation and the Company, dated December 30, 2005 and March 30, 2007, respectively; provided that such repayment obligation shall not exceed a total of $7,000,000.

  • Pacific Life will credit interest monthly on amounts held in the Standard Loan Account to secure the loan at an annual rate of at least 1.00% in all Policy years.

  • Standard Loan Agreement v.6 This Agreement is executed as of the date stated at the top of the first page.

  • Other charges: Short term 80% of base charge Concurrent (simultaneous) Loan policy 50% of base charge Extended Owner’s Policy 140% of base charge Standard Loan Policy 80% of base charge If the policy to be issued is a Homeowner’s Policy of Title Insurance for a One-To-Four Family Residence or ALTA Expanded Coverage Residential Loan Policies (“Enhanced”): The charge for the Enhanced policies is the applicable charge for which the regular policy would ordinarily be issued, plus an additional 10%.

  • These criteria will need to be assessed by a court in its full discretion on a case by case basis.The standard documents and forms used for originating Loans through the network and according to the procedures of the Originator (Standard Loan Documentation) do not contain any express provisions allowing the Borrower to set-off amounts it may owe to the Seller against amounts owing to it at any time by the Seller.


More Definitions of Standard Loan

Standard Loan means a Mortgage Loan that has a Loan-to-Value Ratio less than or equal to 90%.
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Standard Loan is a Loan when it is not then a Promotional Loan.
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Standard Loan means a loan having over its amortization period a fixed rate of interest and level monthly payments.
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Standard Loan means any Loan which is an Eligible Loan and which satisfies, as of the applicable Closing Date, the following criteria: (i) the Loan has a Collateral Coverage Ratio of at least 1.00%; (ii) the related Obligor has a Cash Flow Ratio of at least 1.25%; (iii) either (a) the related Obligor has owned quick-service food franchises which have operated as such for at least two (2) years or (b) the quick-service food franchise to which such Loan relates has operated as such for at least two (2) years, (iv) the related Obligor has a Leverage Ratio (as shown on the related Obligor Financial Statement) of less than 8:1 and (v) the related Obligor's Obligor Financial Statement(s) show a positive EBITDA for the most recent fiscal year and/or a positive net EBITDA for the three most recent fiscal years.
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Standard Loan means any Loan (i) that is an Eligible Loan and (ii) with respect to which the product of the related Obligor Group's Cash Flow Ratio and Collateral Coverage Ratio is at least equal to 100%.
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Standard Loan means a loan made under this Part which is not a subsidised
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Related to Standard Loan

  • ARD Loan Any Mortgage Loan that provides that if the unamortized principal balance thereof is not repaid on its Anticipated Repayment Date, such Mortgage Loan will accrue Additional Interest at the rate specified in the related Mortgage Note and the Mortgagor is required to apply excess monthly cash flow generated by the related Mortgaged Property to the repayment of the outstanding principal balance on such Mortgage Loan.

  • CD Loan means a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • LIBOR Loan means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • Buydown Loan A Mortgage Loan for which the Mortgage Interest Rate has been subsidized through a Buydown Fund provided at the time of origination of such Mortgage Loan.

  • MOM Loan With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

  • Prepayment Rate means the bond equivalent yield (in the secondary market) on the United States Treasury Security that as of the Prepayment Rate Determination Date has a remaining term to maturity closest to, but not exceeding, the remaining term to the Maturity Date, as most recently published in the "Treasury Bonds, Notes and Bills" section in The Wall Street Journal as of the date of the related tender of the payment. If more than one issue of United States Treasury Securities has the remaining term to the Maturity Date referred to above, the "Prepayment Rate" shall be the yield on the United States Treasury Security most recently issued as of such date. If the publication of the Prepayment Rate in The Wall Street Journal is discontinued, Lender shall determine the Prepayment Rate on the basis of "Statistical Release H.15(519), Selected Interest Rates," or any successor publication, published by the Board of Governors of the Federal Reserve System, or on the basis of such other publication or statistical guide as Lender may reasonably select. "PREPAYMENT RATE DETERMINATION DATE" shall mean the date which is five (5) Business Days prior to the prepayment date.

  • Applicable Advance Rate For each Collateral Obligation and for the applicable number of Business Days between the certification date for a sale or participation required by Section 9.4 and the expected date of such sale or participation, the percentage specified below: Senior Secured Loans with a Market Value of: 90% or more of par 100 % 93 % 92 % 88 % Below 90% of par 100 % 80 % 73 % 60 % Other Collateral Obligations with a Xxxxx’x Rating of at least “B3” and a Market Value of 90% or more of par 100 % 89 % 85 % 75 % All other Collateral Obligations 100 % 75 % 65 % 45 %

  • Term Advance has the meaning specified in Section 2.01(a).

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • Required Rate means (a) 8.25%, with respect to the Cutoff Date and any Distribution Date on or prior to the date on which the Class A-2-B Notes are paid in full, or, (b) 7.75%, with respect to any Distribution Date after the Class A-2-B Notes are paid in full, or, in each case, such other percentage approved by the Rating Agencies.

  • Fixed Rate Mortgage Loan A fixed rate mortgage loan purchased pursuant to this Agreement.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • Adjustable Rate Mortgage Loan A Mortgage Loan serviced pursuant to this Agreement under which the Mortgage Interest Rate is adjusted from time to time in accordance with the terms and provisions of the related Mortgage Note.

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.

  • Fraud Loan A Liquidated Mortgage Loan as to which a Fraud Loss has occurred.

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

  • Permitted Advance means an advance of funds by the Assuming Bank with respect to a Shared-Loss Loan, or the making of a legally binding commitment by the Assuming Bank to advance funds with respect to a Shared-Loss Loan, that (i) in the case of such an advance, is actually made, and, in the case of such a commitment, is made and all of the proceeds thereof actually advanced, within one (1) year after the Commencement Date, (ii) does not cause the sum of (A) the book value of such Shared-Loss Loan as reflected on the Accounting Records of the Assuming Bank after any such advance has been made by the Assuming Bank plus (B) the unfunded amount of any such commitment made by the Assuming Bank related thereto, to exceed 110% of the Book Value of such Shared-Loss Loan, (iii) is not made with respect to a Shared-Loss Loan with respect to which (A) there exists a related Shared-Loss Loan Commitment or (B) the Assuming Bank has taken a Charge-Off and (iv) is made in good faith, is supported at the time it is made by documentation in the Credit Files and conforms to and is in accordance with the applicable requirements set forth in Article III of this Commercial Shared- Loss Agreement and with the then effective written internal credit policy guidelines of the Assuming Bank; provided, that the limitations in subparagraphs (i), (ii) and (iii) of this definition shall not apply to any such action (other than to an advance or commitment related to the remediation, storage or final disposal of any hazardous or toxic substance, pollutant or contaminant) that is taken by Assuming Bank in its reasonable discretion to preserve or secure the value of the collateral for such Shared-Loss Loan.

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • Monthly Advance The portion of each Monthly Payment that is delinquent with respect to each Mortgage Loan at the close of business on the Determination Date required to be advanced by the Company pursuant to Section 5.03 on the Business Day immediately preceding the Remittance Date of the related month.