Designated Loan definition

Designated Loan means a loan se- cured by a building or mobile home that is located or to be located in a special flood hazard area in which flood insurance is available under the Act.

Designated Loan. Any Loan that the Administrative Agent, in its sole discretion, has designated as a “Designated Loan” on the related Approval Notice solely for the purposes of determining the Assigned Value of such Loan in reference to the “Minimum Facility Attachment Ratio” specified therefor and set forth in the definition of “Assigned Value.”

Designated Loan means a Designated Revolving Loan or a Designated Swingline Loan, as applicable.

Examples of Designated Loan in a sentence

• Designated loan means a loan secured by a building or mobile home that is located or to be located in a special flood hazard area in which flood insurance is available under the Act.

• Designated loan means a loan secured by a building or mobile home that is located or to be located in a special flood hazard area in which flood insurance is available under the 1968 Act.Mobile home means a structure, transportable in one or more sections, that is built on a permanent chassis and designed for use with or without a permanent foundation when attached to the required utilities.

• The sweeping changes to securities regulation brought by promulgation of the JOBS Act are considered in greater detail below.

• Designated loan means a loan secured by a building or mobile home that is located or to be located in a special flood hazard area in which flood insurance is available under the 1968 Act.

• Designated loan officers may sign loan documents as a secured party on behalf of the Credit Union.

More Definitions of Designated Loan

Designated Loan means a loansecured by a building or mobile home that is located or to be located in aspecial flood hazard area in which flood insurance is available under the Act.

Designated Loan means any Loan Asset designated as such by the Administrative Agent, in its sole discretion, at the time of approval of such Loan Asset.

Designated Loan means a Loan denominated in Dollars to a Designated Borrower.

Designated Loan means a Revolving Loan denominated in Dollars to a Designated Foreign Subsidiary Borrower.

Designated Loan means a loan se- cured by a building or mobile home that is located or to be located in a 12 CFR Ch. II (1–1–12 Edition)special flood hazard area in which flood insurance is available under the Act.

Designated Loan means, in respect of each Designated Lender, the loan made by such Designated Lender and identified on Section 7.02(g)(ii) of the Parent Disclosure Letter.

Designated Loan. Any Loan that the Controlling Lender, in its sole discretion, designates on the related Approval Notice as a “Designated Loan”.