Aged Loans definition

Aged Loans means Mortgage Loans outstanding for more than (i) 90 days if such Mortgage Loans are Nonconforming Mortgage Loans, and (ii) 120 days for all other types of Mortgage Loans, and, in all cases, less than 360 days.
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Aged Loans means, other than with respect to Pooled Mortgage Loans, an Aged 30 Day Loan or an Aged 60 Day Loan.
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Aged Loans means, collectively, (a) any Residential Construction Loan for any Sold Home and Speculative Home included in Collateral for a period of more than three hundred sixty (360) days, (b) any Residential Construction Loan for Model Homes included in Collateral for a period of more than six hundred thirty (630) days, (c) any Residential A&D Loan included in Collateral for a period of more than six hundred thirty (630) days, and (d) any Commercial Mortgage Loan included in the Collateral for a period of more than three hundred sixty-five (365) days.
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Examples of Aged Loans in a sentence

  • Aged Loans (as defined in such deleted definition) shall no longer be deemed Eligible Mortgage Loans.

  • The City of Dublin contracts its public health services with Franklin County Public Health (FCPH).

  • Stakeholders also commented that there might potentially be further cost reductions, especially due to the competition of Fludora Fusion and SumiShield 50WG that use the same mode of action and, thus, are direct substitutes for one another, as well as the potential entry of generics.

  • Aged Loans Performing Eligible Mortgage Loan without a current Take-Out Commitment.

  • Use the proceeds of each Advance solely --------------------------- for the purpose of financing the origination, purchase, and/or funding of Residential Construction Loans, Residential A&D Loans, Aged Loans, Consumer Construction Loans, and Consumer Lot Loans in accordance with the applicable Request for Advance and none other.

  • Paragraph 4 of the Amended Side Letter is amended in its entirety to read as follows: For purposes of the Agreement and all other Transaction Documents, “Margin Percentage” means, on any date: (a) for any CL Loan except Investor Loans and Aged Loans, ninety-seven percent (97%); (b) for any Investor Loan except Aged Loans, ninety-five percent (95%); Home Loan Center, Inc.

  • Use the proceeds of each Advance solely for the purpose of financing the origination, purchase, and/or funding of Residential Construction Loans, Residential A&D Loans, Aged Loans, Consumer Construction Loans, Consumer Lot Loans, and Commercial Mortgage Loans in accordance with the applicable Request for Advance, and none other.

  • Purchased Loans that are Eligible Mortgage Aged Loans not sold or purchased by Seller within 364 days of its Purchase Date: the lesser of (i) the Maximum Rate or (ii) 5.00%, unless an Eligible Mortgage Aged Loan has not been sold or purchased by 365 days of its Purchase Date, the Pricing Rates or Minimum Pricing Rates for c) through d) above shall apply.

  • If section 980(a)(2) truly created an exclusive right in the author to “use” all copies of sound recordings, no purchaser could even play his own CD or downloaded copy, even for private use.


More Definitions of Aged Loans

Aged Loans. Loans outstanding on the warehouse line greater than 90 days but less than 180 days.
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Aged Loans means a category of Purchased Eligible Loans, specified in the Term Sheet, to which additional terms and conditions shall apply;
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Aged Loans means a category of Purchased Eligible Loans, specified in the Term Sheet, to which additional terms and conditions shall
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Related to Aged Loans

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time.

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Related Loans has the meaning set forth in Section 3.1. “Restructuring Loss” means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • Group II Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group II Loans.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Group I Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group I Loans.

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Eligible Loans has the meaning specified in any of the Purchase Agreements or the Sale Agreement, as applicable.

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • Purchased Loans means, with respect to each Purchase Agreement, the Loans offered for sale and purchased or substituted pursuant to such Purchase Agreement.

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • 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.

  • Offered Loans has the meaning specified in Section 2.05(d)(iii).

  • Related Loan Group For Group 1, Loan Group 1; for Group 2, Loan Group 2; for Group 3, Loan Group 3; and for Group 4, Loan Group 4.

  • Extended Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Student Loans means education loans to students and parents of students under the Federal Family Education Loan Program.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Delinquent Loans means loans where the borrowers have failed to make scheduled mortgage payments under the terms of the mortgage and where the cumulative amount of mortgage payments missed exceeds the scheduled payments due in a three-month period.

  • Permitted Loans means:

  • Loan Group IV The group of Mortgage Loans comprised of the Group IV Loans.

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Failed Bank Advances means the total sums paid by the Failed Bank to (i) protect its lien position, (ii) pay ad valorem taxes and hazard insurance, and (iii) pay credit life insurance, accident and health insurance, and vendor's single interest insurance.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.