Authorized Loan definition

Authorized Loan shall have the meaning set forth in Section 13.1(b).
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Authorized Loan means a loan, mortgage, pledge, or any other charge made by a Financial Institution to the WRFN as xxxxxxxx, the proceeds of which are to be deposited to the WRFN Community Development Bank Account, and that is approved by the Council in accordance with Article 20 of the Trust Agreement;
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Authorized Loan means a loan from a Financial Institution to the First Nation that is approved pursuant to Article 8;
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Examples of Authorized Loan in a sentence

  • Signature of Authorized Loan Applicant: Print Name: Date: 1220 Washington Ave, Bldg.

  • The parties acknowledge that the interest rate applicable under the UBS Loan (or other Authorized Loan) shall affect the amount of Base Rent payable by Tenant hereunder.

  • Tenant shall be entitled to a credit against the Purchase Price equal to the principal balance(s) of any Authorized Loan and/or Fee Mortgage existing immediately prior to the closing under this Purchase Option if such Authorized Loan and/or Fee Mortgage are not fully repaid and all documents reflecting the same are not cancelled and removed from the public records on or prior to the closing under this Purchase Option.

  • In lieu of payment of the Purchase Price, Tenant shall have the right (1) to assume the UBS Loan or any other Authorized Loan or (2) to cause Landlord to assign the Authorized Loan to a third party acceptable to the holder of such Authorized Loan (which third party shall expressly assume such obligations in writing), provided that Landlord is released from all obligations under the Authorized Loan.

  • Tenant shall have the right, by written notice to UBS (or the holder of any Authorized Loan), SGA and Landlord, to designate the interest period to be selected from time to time by SGA pursuant to the terms of the UBS Note (or other Authorized Loan).

  • Tenant shall have the right, by written notice to UBS (or the holder of any Authorized Loan), SGA and Landlord, to designate the interest period to be selected from time to time by SGA pursuant to Schedule I (or other Authorized Loan).

  • The Review Panel questions whether the8 correct mission for the deployables has been identified.

  • Default Rate" shall mean the interest rate charged or chargeable pursuant to the UBS Note or other Authorized Loan on any amounts not paid when due.

  • Section 92 of the C.P.C. deals with filing of suit in cases of breach of any express or constructive trust created for public p urposes of a charitable or religious nature.

  • LIBOR Rate" shall mean the LIBOR interest rate as defined in that certain Schedule I, Additional Terms and Conditions of Credit Arrangement between SGA and UBS dated May 1, 1995, relating to the UBS Loan ("Schedule I"), or as defined in a subsequent Authorized Loan.


More Definitions of Authorized Loan

Authorized Loan means a loan for one or more Band Development Purposes made by a Financial Institution or the First Nations Finance Authority, as applicable, to MLCN as borrower, the proceeds of which are to be deposited into the Revenue Account, and that is approved by Council and the Advisory Committee in accordance with Article 10;
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Authorized Loan means a loan from a Financial Institution to the First Nation, or the Trustee as borrower on behalf of the First Nation, and may include the Distribution to Members and Settlement Costs;
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Authorized Loan means a loan from a Financial Institution as lender to LRRCN, as borrower, that is approved in accordance with the provisions of the Sovereign Wealth Fund and the loan proceeds are deposited to the Revenue Account;
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Related to Authorized Loan

  • Commercial loan means a loan that is not made primarily for

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • Type 1 Mortgage Loan Any of the Mortgage Loans identified in Exhibit F-1 hereto, as such Exhibit may be amended from time to time in connection with a substitution pursuant to Sections 2.02 or 2.06, serviced under the WFHM Servicing Agreement and having a Mid-Month Receipt Period with respect to all types of Unscheduled Principal Receipts.

  • CD Loan means (i) a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election or (ii) an overdue amount which was a CD Loan immediately before it became overdue.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

  • EMC Mortgage Loans Those Mortgage Loans serviced by the Company pursuant to the terms of this Agreement.

  • Equipment Loan means middle market equipment loans that consist of loans made to obligors in the United States of America primarily secured by new or used transportation equipment and managed by the Equipment Finance reporting category of the Commercial Lending and Leasing division of GE Capital.

  • Wet-Ink Mortgage Loan means a Mortgage Loan which any Seller is selling to Buyer simultaneously with the origination thereof and for which the Mortgage Loan Documents have not been delivered to the Custodian.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • Whole Loan Custodial Account means the “Whole Loan Custodial Account” established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Buydown Mortgage Loan Any Mortgage Loan as to which a specified amount of interest is paid out of related Buydown Funds in accordance with a related buydown agreement.

  • Companion Loan As defined in the Preliminary Statement.

  • Whole Loan As defined in the Introductory Statement.

  • Supplemental Loan means any loan that is subordinate to the Senior Indebtedness.

  • FHA Loan means a Mortgage Loan which is the subject of an FHA Mortgage Insurance Contract.

  • LPMI Loan A Mortgage Loan with a LPMI Policy.

  • Mortgage Loan shall have the meaning assigned to such term in the recitals.

  • PPP Loan means the loan made to the Company by the PPP Lender pursuant to the PPP Loan Agreement, for the principal amount of $905,207.00, pursuant to the requirements of the Paycheck Protection Program under the CARES Act.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • Subloan means a loan made or proposed to be made partially out of the proceeds of the Loan by a Participating Bank to a Beneficiary (as such term is hereinafter defined) under Parts D and I of the Project for the financing of the investments and associated working capital under Subprojects (as such term is hereinafter defined);

  • Group 1 Mortgage Loan Each Mortgage Loan listed on Exhibit D-1 hereto.

  • 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.

  • Outstanding Mortgage Loan As of any Due Date, a Mortgage Loan with a Stated Principal Balance greater than zero which was not the subject of a Principal Prepayment in Full prior to such Due Date and which did not become a Liquidated Mortgage Loan prior to such Due Date.

  • Subordinated Loan has the meaning set forth in Section 1.2(a) of the Agreement.

  • Group I Mortgage Loan A Mortgage Loan assigned to Loan Group I. All Group I Mortgage Loans have a principal balance at origination that conforms to Xxxxxxx Mac loan limits.