Borrower Loans definition

Borrower Loans means loans originated by Borrower to third-party borrowers and secured by real property collateral.
Borrower Loans shall have the meaning specified in Section 3.1(f). --------------
Borrower Loans shall have the meaning specified in Section 2.1(b).

Examples of Borrower Loans in a sentence

  • The Administrative Agent shall make available to the Borrower Loans in the type of funds received by the Administrative Agent from the Banks.

  • With respect to a Default on a Guaranteed Farm Borrower Loans, the procedures to be followed by a Farm Lender shall be those specified by USDA.

  • All Borrower Loans are originated by WebBank, an FDIC insured, Utah-chartered industrial bank.

  • With respect to Liquidation in connection with either Guaranteed or Nonguaranteed Farm Borrower Loans, the Farm Lender shall not initiate any judicial remedy without the prior written approval of IBank.

  • Subject to our obligation to use commercially reasonable efforts to service and collect Borrower Loans, you understand and agree that we may, in our sole discretion, at any time and from time to time, amend or waive any term of a Borrower Loan, and we may in our sole discretion charge off any Borrower Loan that we deem uncollectible.

  • Disbursement of loan proceeds to the Farm Lender for Farm Borrower Loans will be made only if the Farm Lender is a party in good standing to an existing Farm Lender Credit Agreement.

  • With respect to Guaranteed Farm Borrower Loans, Liquidation shall follow the procedures required by USDA; provided, however, that any reports made to USDA in connection with such Liquidation shall also be given to IBank.

  • Liquidation recoveries made in connection with Nonguaranteed Farm Borrower Loans shall be applied in the following order of priority.

  • You will not receive further notice in advance of our exercise of our right to set-off amounts in your Prosper funding account against any delinquent amounts owing on any Borrower Loans you obtain.

  • With respect to a Default on a Nonguaranteed Farm Borrower Loans, the procedures to be followed by a Farm Lender shall be set forth in the Farm Borrower Agreement and the related Farm Lender Credit Agreement, and shall include the following: A meeting shall be arranged by the Farm Lender with the Farm Borrower upon occurrence of a Default to resolve the problem.


More Definitions of Borrower Loans

Borrower Loans means collectively, the Series A Borrower Loan, the Series B Borrower Loan, the Series C Borrower Loan and the Series D Borrower Loan made to the Borrower by the Issuer pursuant to this Loan Agreement.
Borrower Loans means the mortgage loans, consisting of the 2022 Borrower Loan and the 2023 Borrower Loan, made by the Governmental Lender to the Borrower pursuant to the Borrower Loan Agreement in the aggregate principal amount of the respective Borrower Loan Amounts, as evidenced by the Borrower Notes.

Related to Borrower Loans

  • Borrower Loan means the mortgage loan made by the Governmental Lender to the Borrower pursuant to this Borrower Loan Agreement, in the maximum principal amount of the Borrower Loan Amount, as evidenced by the Borrower Note.

  • 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.

  • Borrower Loan Documents shall have the meaning given such term in the Borrower Loan Agreement.

  • Borrower Loan Agreement means this Borrower Loan Agreement.

  • 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.

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

  • Revolving Loans has the meaning set forth in Section 2.1(a).

  • Borrowings means, at any time, the outstanding principal, capital or nominal amount and any fixed or minimum premium payable on prepayment or redemption of any indebtedness for or in respect of:

  • 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.

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

  • Domestic Loans means CD Loans or Base Rate Loans or both.

  • 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.

  • Other Loans means one or more Classes of Loans that result from a Refinancing Amendment.

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

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

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Term Loan Advances are each defined in Section 2.1.1(a).

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

  • Term Loan as defined in Section 2.1.

  • Term Loans means the term loans made by the Term Lenders to the Borrower pursuant to Section 2.01(b).

  • Revolving Advances means Advances made other than Letters of Credit.

  • Borrower Note means the “Borrower Note” as defined in the Borrower Loan Agreement.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Swing Loans each is defined in Section 1.7 hereof.

  • Borrower/s means and refers to jointly and severally to the Applicants (more particularly described in the Application Form) who has/have been sanctioned/granted/disbursed the Loan by ABFL pursuant to the relevant Application Form submitted by such applicants to ABFL for availing of the Loan and depending upon the nature of the Borrower/s, shall, unless repugnant to the context or meaning thereof, be deemed to include his/her legal heirs, executors and administrators;

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.