Acquired Loan definition

Acquired Loan means a Loan that is originated by a Person other than the Originator or an Affiliate thereof and acquired by the Originator in a “true sale” transaction pursuant to a standard loan acquisition agreement.

Acquired Loan. A Loan (other than an Excluded Loan) that is either (a) originated by a Person other than the Originator, CapitalSource Inc. or any of their respective Subsidiaries and is acquired by the Originator, CapitalSource Inc. or any of their respective Subsidiaries in an arm’s length transaction from an unaffiliated third party; or (b) extended by the Originator, CapitalSource Inc. or any of their respective Subsidiaries directly to the Obligor as part of a multi-lender Loan in which neither CapitalSource Inc. nor any of its Subsidiaries is the administrative (or other analogous) agent; provided that the calculation of the principal amount of any Acquired Loan hereunder shall exclude any Retained Interest with respect to such Acquired Loan.

Acquired Loan. A Loan that is either (a) originated by a Person other than the Originator, CapitalSource Inc. or any of their respective Subsidiaries and is acquired by the Originator, CapitalSource Inc. or any of their respective Subsidiaries in an arm’s length transaction from an unaffiliated third party or (b) extended by the Originator, CapitalSource Inc. or any of their respective Subsidiaries directly to the Obligor as part of a multi-lender Loan in which neither CapitalSource Inc. nor any of its Subsidiaries is the administrative (or other analogous) agent; provided that, the calculation of the principal amount of any Acquired Loan hereunder shall exclude any Retained Interest with respect to such Acquired Loan.

Examples of Acquired Loan in a sentence

• No later than three (3) days prior to the Closing Date, Seller shall notify Buyer in writing of Seller’s estimate of the amount of the Purchase Price to be paid to Seller by Buyer on the Closing Date, including the amount of the Purchase Price allocated to each Acquired Loan, any adjustments to be made to Schedule A pursuant to Section 2.1.4 of this Agreement and the adjustments to the Purchase Price to be made pursuant to Section 2.3.5 hereof (the “Preliminary Closing Date Statement”).

• The Depositor shall provide all reasonable assistance necessary for the Trust to resolve account problems raised by any Borrower, the Guarantor or the Secretary provided such account problems are attributable to or are alleged to be attributable to (a) an event occurring during the period the Depositor owned the related Acquired Loan, or (b) a payment made or alleged to have been made to the Depositor.

• Complete and correct copies of all the material Acquired Loan Documents and Equity Governing Documents relating to an Acquired Equity Interest with a fair market value of at least $500,000 have been made available to Parent.

• Loan Portfolio 11.7 1Q12 Acquired Loan Portfolio Carrying Amount 3,377 2Q12 Effective Tax Rate 32% 2Q12 Acquired Loan Portfolio Carrying Amount 3,017 2Q12 Average Acquired Loan Portfolio 3,197 2Q12 Earnings from Amortiz.

• Impact of FDIC Acquired Loan Accounting While the significance of the FDIC Acquired Loan Accounting has diminished over time, the following table illustrates the impact to earnings associated with Columbia’s FDIC acquired loan portfolios:The incremental accretion income on FDIC purchased credit impaired loans represents the amount of income recorded above the contractual rate stated in the individual loan notes.

More Definitions of Acquired Loan

Acquired Loan. An Asset that is originated by a Person other than the Originator, CapitalSource Finance LLC or any of their respective Subsidiaries and acquired by the Originator in a “true sale” transaction pursuant to an acquisition agreement, provided that the foregoing shall exclude any Assigned Loan.

Acquired Loan has the meaning specified in Section 2 of the Contribution Agreement.

Acquired Loan. A Loan that is originated by a Person other than the Originator and acquired by the Originator in a “true sale” transaction pursuant to an acquisition agreement substantially in the form of the “Acquisition Agreement” previously delivered by the Originator to the Administrative Agent in connection with the CapitalSource Funding I Transaction or in such other form as shall be adopted by the Originator and approved in writing by the Administrative Agent at least five days prior to such Loan becoming part of the Collateral hereunder, provided, however, such Loan shall exclude any Retained Interest.

Acquired Loan means all of the loans owned by the Company or any of its Subsidiaries as of the date hereof.

Acquired Loan means each loan made by Seller that is a Medallion Loan.

Acquired Loan. Any Loan or Portfolio Loan that (a) is made as part of a loan facility with an initial outstanding loan balance of $150,000,000 or more and assigned to or acquired by the Originator from a Person that is not an Affiliate in an arm’s length transaction; provided, that, if such loan facility comprises multiple classes or tranches of debt, the class or tranche held by the Originator (along with any classes or tranches that are entitled to payment of principal or interest on a pari passu basis with respect to such class or tranche) must have an initial outstanding loan balance of $150,000,00 or more and (b) is documented in a form that is commercially reasonable and consistent with the Credit and Collection Policy.

Acquired Loan. A Loan that is originated by a Person other than the Originator, CapitalSource Finance LLC or any of their respective Subsidiaries and acquired by the Originator in a “true sale” transaction pursuant to an acquisition agreement substantially in the form of the “Acquisition Agreement” previously delivered by CapitalSource Finance LLC to the Administrative Agent in connection with the CS Funding I Transaction or in such other form as shall be adopted by the Originator and approved in writing by the Administrative Agent at least five days prior to such Loan becoming part of the Collateral hereunder, provided that the foregoing shall exclude (i) any CS Funding III Asset that was not an “Acquired Loan” under and as defined in the CS Funding III Transaction and (ii) any Retained Interest.