Type 1 relevant loan means any of the following:
Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.
LPMI Loan A Mortgage Loan with a LPMI Policy.
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.
Type of Loan means (i) with respect to either Term Loans or Revolving Loans, a Base Rate Loan or a Eurodollar Rate Loan, and (ii) with respect to Swing Line Loans, a Base Rate Loan.
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.
Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.06(a)(ii).
Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.
Group II Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group II Loans.
LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.
LIBOR Borrowing means a Borrowing comprised of LIBOR Rate Loans.
Group I Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group I Loans.
Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.
LIBOR Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the LIBOR Rate.
Eurodollar Loan means any Loan bearing interest at a rate determined by reference to the Eurodollar Rate.
PMI Advance As defined in the related Servicing Agreement, if applicable.
Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.
LIBOR Loan means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.
Dollar Loan means a Loan denominated in Dollars.
Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.
Eurocurrency Rate Advance means a Revolving Credit Advance denominated in Dollars or a Committed Currency that bears interest as provided in Section 2.07(a)(ii).
Loan Type Each Mortgage Loan is a [Adjustable Rate] [Balloon] [Fixed Rate] Mortgage Loan.
Wet Loan means a Purchased Loan originated and owned by the Seller immediately prior to being purchased by the Buyers:
U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.
LIBOR Rate Advance means an Advance which bears interest at a LIBOR Rate.
Eurocurrency Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurocurrency Rate.
Eurocurrency Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.