Subject Loans definition

Subject Loans has the meaning assigned to such term in Section 2.11(b)(ii).

Subject Loans means, as of any date of determination, the Initial Term Loans and any Additional Term Loans subject to ratable prepayment requirements in accordance with Section 2.11(b)(vi) on such date of determination.

Subject Loans. Each of (i) the Measurement Loans and (ii) any Transferred-In Loans agreed upon by the parties; provided that (x) with respect to the calculation of the Foreclosure Sale Ratio, a Transferred-In Loan shall not be deemed a Subject Loan until a date that is mutually agreed by the parties and (y) with respect to the calculation of the Workout Ratio, a Transferred-In Loan shall not be deemed a Subject Loan until a date that is mutually agreed to by the parties.

Examples of Subject Loans in a sentence

• The Borrower hereby grants to the Mortgage Loan Originator the right to apply for and negotiate a loan modification on behalf of the Borrower with respect to the existing Subject Loan(s) in the form of a first mortgage, second mortgage, or line of credit, liens, or any combination thereof on the Borrower's property (“Subject Property”) located at: Street Address City State Zip The Borrower defines the right of the Mortgage Loan Originator to act on their behalf as: [ ] Exclusive; or [ ] Non-exclusive.

• In the event Customer sells its loan to another lender or servicer (the "Transferee"), the Life of Loan Service may be transferred to the Transferee at no additional cost only if Customer provides CBCInnovis with written notification of the Subject Loan(s) transferred and the address of the Transferee to whom future notices should be sent ("Transfer Notice").

More Definitions of Subject Loans

Subject Loans means consumer loans where the APR (Annual

Subject Loans shall have the meaning ascribed to such term in Section 2(a). Exhibit A

Subject Loans as defined in Section 2.14(h).

Subject Loans has the meaning set forth in Section 9.7(c).

Subject Loans has the meaning specified therefor in Section 16D.5.

Subject Loans means Legacy Loans and Servicing Only Loans, identified on any of Schedules 1 through 8 of the Letter Agreement.

Subject Loans means those Eligible Loans that have not become Excluded Loans as of the Cutoff Date, or have not become Returned Loans as of Cutoff Date. The Subject Loans, as of the Cutoff Date, are set forth on Schedule 1(b) of the Letter Agreement.