Warehouse Loans Sample Clauses

Warehouse Loans. Each Warehouse Loan is eligible for sale and delivery to an Investor and shall be sold and delivered to such Investor.
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Warehouse Loans. The Seller shall cause the servicing fee for a Warehouse Loan to be no less than:
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Warehouse Loans. Attached hereto as Section 5.14 Schedule (e)ois a true, complete and accurate list of all Warehouse Loans, identifying such loans by borrower name, lender, loan number, Takeout Investor (if applicable), collateral value, date of note, Takeout Commitment expiration date, the date such loan becomes ineligible as a Warehouse Loan, and the last date of payment on all loans over ninety (90) days. Each Warehouse Loan, except as listed in Section 5.14 Schedule (e), qualifies, as of the Date of Closing, as a loan qualified by the lender applicable thereto as a loan eligible for inclusion in the warehouse line of credit. Except for the security interests held by each lender with respect to the Warehouse Loans, included in such lender's warehouse line, all such Warehouse Loans are free and clear of any lien, claim, pledge or other encumbrance of any nature, are in full force and effect and are not subject to any defaults by any party to such defaults.
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Warehouse Loans. Subject to the terms and conditions of this Agreement, the Bank agrees to lend to the Parent and/or the Borrower and the Parent and/or the Borrower may borrow, on or prior to December 31, 1997, upon notice given in accordance with Section 2.03(b), such sums as are requested by the Parent or the Borrower (each, a "WAREHOUSE LOAN") provided that (i) the outstanding amount of the Warehouse Loans (after giving effect to all amounts requested pursuant hereto) shall not at any time exceed the lesser of (x) the Warehouse Loan Borrowing Base and (y) the Warehouse Loan Sublimit. Each request for a Warehouse Loan hereunder shall constitute a representation and warranty by the Parent and the Borrower that the conditions set forth in Sections 4.01 and 4.02, in the case of the Initial Loan, and Section 4.02 in the case of all other Warehouse Loans, have been satisfied on the date of such request.
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Warehouse Loans. (i) SCHEDULE 4.26(E)(I) contains a true and accurate list of all Warehouse Loans owned by the Capri Companies as of December 31, 2004, and all of the commitments by any of the Capri Companies to make mortgage loans which, if closed on or prior to the date of this Agreement, would be Warehouse Loans, including a statement of the program under which the Warehouse Loan was (or will be, in the case of such commitments) originated, as well as: (A) the Mortgage Loan Investor; (B) the applicable Mortgage Servicing Agreement; (C) the aggregate unpaid principal balance; (D) the aggregate balance of the tax and insurance Custodial Accounts maintained; (E) the coupon rate; (F) the maturity; (G) the annual servicing fee rate; and (H) each Warehouse Loan past due by more than 30 days and the number of days that such Warehouse Loan is past due. Except as set forth on SCHEDULE 4.26(E)(I), to the knowledge of the Issuers there are no monetary or other material defaults under the Mortgage Loan Documents pertaining to Warehouse Loans.
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Warehouse Loans 
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Related to Warehouse Loans

  • Cross-Collateralized Mortgage Loans Notwithstanding anything herein to the contrary, it is hereby acknowledged that certain groups of Mortgage Loans are, in the case of each such particular group of Mortgage Loans (each, a "Cross-Collateralized Group"), by their terms, cross-defaulted and cross-collateralized, if identified as such on the Mortgage Loan Schedule. For purposes of reference, the Mortgaged Property that relates or corresponds to any of the Mortgage Loans referred to in this Section 17 shall be the property identified in the Mortgage Loan Schedule as corresponding thereto. The provisions of this Agreement, including, without limitation, each of the representations and warranties set forth in Exhibit C hereto and each of the capitalized terms used herein but defined in the Pooling and Servicing Agreement, shall be interpreted in a manner consistent with this Section 17. In addition, if there exists with respect to any Cross-Collateralized Group only one original of any document referred to in the definition of "Mortgage File" in the Pooling and Servicing Agreement and covering all the Mortgage Loans in such Cross-Collateralized Group, the inclusion of the original of such document in the Mortgage File for any of the Mortgage Loans constituting such Cross-Collateralized Group shall be deemed an inclusion of such original in the Mortgage File for each such Mortgage Loan.

  • Equipment Loans Section 2.3(b) of the Loan Agreement shall be amended and restated in its entirety as follows:

  • Ratable Loans Each Advance hereunder shall consist of Loans made from the several Lenders ratably in proportion to the ratio that their respective Commitments bear to the Aggregate Commitment.

  • Related Loans (a) The Assuming Institution shall not manage, administer or collect any “Related Loan” in any manner which would have the effect of increasing the amount of any collections with respect to the Related Loan to the detriment of the Shared-Loss Asset to which such loan is related. A “

  • The Mortgage Loans Concurrently with the execution and delivery of this Agreement, the Seller hereby transfers to the Purchaser, without recourse, all of its right, title and interest existing now or in the future in,

  • Loans The Sponsor has agreed to make loans to the Company in the aggregate amount of up to $300,000 (the “Insider Loans”) pursuant to a promissory note substantially in the form annexed as an exhibit to the Registration Statement. The Insider Loans do not bear any interest and are repayable by the Company on the earlier of December 31, 2021 or the consummation of the Offering.

  • LOANS, ADVANCES, INVESTMENTS Make any loans or advances to or investments in any person or entity, except any of the foregoing existing as of, and disclosed to Bank prior to, the date hereof.

  • Loans, Advances, Investments, Etc Make or commit or agree to make, or permit any of its Subsidiaries make or commit or agree to make, any Investment in any other Person except for Permitted Investments.

  • Cooperative Loans With respect to each Cooperative Loan:

  • Loan Advances (a) Subject to and upon the terms and conditions of this Agreement, during the Revolving Loan Period, Bank agrees to make one or more Loan Advances to Borrower for Approved Purposes in an aggregate principal amount at any one time outstanding up to but not exceeding the Maximum Loan Amount. Within the limit of the Maximum Loan Amount in effect from time to time, during the Revolving Loan Period, Borrower may borrow, repay, and reborrow at any time and from time to time from the Effective Date to the earlier of (a) the expiration of the Revolving Loan Period, or (b) the Termination Date. If, by virtue of payments made on the Note during the Revolving Loan Period, the principal amount owed on the Note prior to the Termination Date reaches zero at any point, Borrower agrees that all of the Collateral and all of the Loan Documents shall remain in full force and effect to secure any Loan Advances made thereafter and the Obligations, and Bank shall be fully entitled to rely on all of the Collateral and all of the Loan Documents unless an appropriate release of all or any part of the Collateral or all or any part of the Loan Documents has been executed by Bank. Borrower acknowledges and agrees that the Maximum Loan Amount is calculated in conjunction with the Maximum Purchase Amount under the Mortgage Warehouse Agreement such that in no event shall the aggregate of the outstanding principal balance of the Loan hereunder and the outstanding Purchase Price of the Purchased Mortgage Loans exceed $200,000,000 at any time. Upon the expiration of the Revolving Loan Period, and provided that no Default or Event of Default has occurred and is continuing, the Revolving Loans shall, without any further action by Bank or Borrower, convert to a term loan (the “Term Loan”) in accordance with the terms of the Promissory Note. Borrower shall initiate each Loan Advance by submitting to Bank a written Advance Request no later than 1:00 p.m., Jacksonville, Florida time, on the Advance Date. Bank shall have no liability to Borrower for any loss or damage suffered by Borrower as a result of Bank’s honoring of any requests, execution of any instructions, authorizations or agreements or reliance on any reports communicated to it telephonically, by facsimile or electronically, and purporting to have been sent to Bank by Borrower and Bank shall have no duty to verify the origin of any such communication or the identity or authority of the Person sending it. Subject to the terms and conditions of this Agreement, each Loan Advance shall be made available to Borrower by depositing the same, in immediately available funds, in an account of Borrower designated by Borrower maintained with Bank. If the conditions to making a Loan Advance as set forth in Section 5 are satisfied, then no later than the Advance Date, Bank shall reflect on its computer system the Loan Advance (the “Confirmation”). In the event Borrower disagrees with any terms of the Confirmation, Borrower shall immediately notify Bank of such disagreement. An objection by Borrower must state specifically that it is an objection, must specify the provision(s) being objected to by Borrower, must set forth such provision(s) in the manner that Borrower believes they should be stated, and must be received by Bank no more than one (1) Business Day after the Confirmation was received by Borrower.

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