Transferred Loan definition

Transferred Loan means each Loan or portion of a Loan that is acquired or purported to be acquired by the Borrower under the Sale and Contribution Agreement.

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Transferred Loan means any moneys lent to the Corporation by the State, the liability to repay which vests in the appropriate successor company by virtue of subsection (2) of section one hundred and eight.

Transferred Loan means any moneys lent to the Corporation by the State, the liability to repay which vests in the successor company by virtue of subparagraph (3) of paragraph 2.

Examples of Transferred Loan in a sentence

The Servicer will not, except as otherwise permitted in Section 7.4(a), extend, amend or otherwise modify the terms of any Transferred Loan.
To the extent provided for in any Transferred Loan, the Servicer will use its best efforts to collect all payments with respect to amounts due for taxes, assessments and insurance premiums relating to such Transferred Loans or the Related Property and remit such amounts to the appropriate Governmental Authority or insurer on or prior to the date such payments are due.
The Borrower hereby appoints the Servicer to service the Transferred Loans and enforce its respective rights and interests in and under each Transferred Loan in accordance with the terms and conditions of this Article VII and to serve in such capacity until the termination of its responsibilities pursuant to Section 7.18.
The Servicer shall accelerate the maturity of all or any Scheduled Payments under any Transferred Loan under which a default under the terms thereof has occurred and is continuing (after the lapse of any applicable grace period) promptly after such Loan becomes a Defaulted Loan or such earlier or later time as is consistent with the Credit and Collection Policy.
In connection with any such release on or after the occurrence of such purchase, the Administrative Agent, as agent for the Secured Parties, will execute and deliver to the Borrower or the Servicer on behalf of the Borrower any releases and instruments as the Borrower or the Servicer on behalf of the Borrower may reasonably request in order to effect the release of such Transferred Loan and Supplemental Interest.

More Definitions of Transferred Loan

Transferred Loan means each Loan listed in the Transferred Loan Tape which is Transferred to Purchaser on a Closing Date, and “Transferred Loans” refers to all such Loans.

Transferred Loan has the meaning assigned to such term in Sale and Contribution Agreement.

Transferred Loan is defined in Section 2.03.

Transferred Loan means each Existing Loan, Substituted Loan and Acquired Loan that is (a) acquired or purported to be acquired by the Borrower under the Master Transfer Agreement, (b) received by the Borrower as a contribution to equity in the Borrower or (c) otherwise acquired by the Borrower in accordance with Section 2.15. Any Transferred Loan that is (i) repurchased or reacquired by the Originator pursuant to the terms of Section 4 of the Master Transfer Agreement, (ii) purchased by the Servicer pursuant to the terms of Section 7.7 or (iii) otherwise released from the Lien of this Agreement pursuant to Section 6.3 shall not be treated as a Transferred Loan for purposes of this Agreement (provided, that the purchase or repurchase of any Defaulted Loan shall not alter such Transferred Loan’s status as a Defaulted Loan for purposes of calculating ratios for periods occurring prior to the purchase or repurchase of such Transferred Loan).

Transferred Loan means any Loan provided by the Transferor and attributable to the

Transferred Loan means any Commercial Loan or Residential Loan.

Transferred Loan shall have the meaning set forth in Section 2.05.