Commercial Loans definition
Examples of Commercial Loans in a sentence
Pursuant to Section 9.5(b) of the Purchase Agreement, the Seller Representative (on behalf of the Seller Parties) and the Purchaser Representative (on behalf of the Purchaser Parties) mutually acknowledge and agree that (in addition to any other Deferred Closing) a Deferred Closing with respect to Purchased Commercial Loans occurred on each of the following dates: May 28, 2015, June 4, 2015, June 11, 2015, June 23, 2015, June 30, 2015 and July 9, 2015.
FBF and BROKER wish to establish a non-exclusive relationship whereby BROKER will, from time to time, refer to FBF for consideration by FBF, Multifamily (5 plus unit properties) and Commercial Loans that meet the FBF program requirements for those mortgage Loans offered by FBF.
The acquisition of the SOFOM Interests (the “SOFOM Acquisition”) shall happen prior to the Transfer (by way of factoring) of the Purchased Commercial Loans set forth on Schedule C-2 (the “Non-SOFOM MX Loans”), which Non-SOFOM MX Loans, subject to the conditions set forth in the Purchase Agreement, shall be transferred from the Seller Parties to the SOFOM following the SOFOM Acquisition.
CL/2000 Accounting System contributes to the effective administration of the Commercial Loans portfolio of Banco Popular.
For a period of eighteen (18) months following the Closing Date, neither Seller nor any of its Affiliates shall (a) solicit Branch Customers, which are obligors of Commercial Loans that are acquired and assumed by Purchaser as of the close of business on the Closing Date, for Commercial Loan business, or (b) use a list of the Branch Customers to directly solicit insured deposit account or consumer or small business lending business (the "Competitive Business") from the Branch Customers.