Distressed Loans definition

Distressed Loans means Loan Collateral with respect to which (a) the agent of the credit facility under which the loans were made has advised the Borrower that such loans are trading as distressed loans, (b) such agent has publicly announced that such loans are trading as distressed loans or (c) the Borrower is otherwise aware that such loans are trading as distressed loans.
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Examples of Distressed Loans in a sentence

  • Special Servicing (Distressed Loans) The base servicing fee rates for distressed loans range from $30 per month for current loans up to $95 per month for loans in foreclosure proceedings.

  • Distressed Loans in Ohio: Recent Trends”, Lisa Nelson and Francisca G.‐C.

  • For a loan carried at amortised cost, impairment is measured as the difference between the loans carrying amount and the present value of estimated future cash flows discounted using the original effective Document classification: KPMG Confidential 2National Asset Management Agency Subject: Distressed Loans and Receivables11 May2016 interest rate.

  • While compliance of the banking system with regulatory requirements has continued to be satisfactory, the Banco de Portugal (BdP) remains vigilant amidst a challenging operating environment.• Management of Distressed Loans.

  • Special Servicing (Distressed Loans) The base servicing fee rates for distressed whole mortgage loans are charged based on a monthly per-loan dollar amount, with the actual dollar amount for each loan based on the delinquency, bankruptcy and/or foreclosure status of such loan or whether the underlying mortgage property has become REO.

  • Stressed and Distressed Loans and Bonds The Fund may invest in stressed and distressed debt securities including loans and bonds issued by entities that are experiencing significant financial or business difficulties.

  • While compliance of the banking system with regulatory requirements has continued to be satisfactory, the Banco de Portugal (BdP) remains vigilant amidst a challenging operating environment. Management of Distressed Loans.

  • The Contractor shall have experience with various disability stakeholders and AFN Populations to ensure most current and up-to-date best practices.

  • GACS, the Italian government’s NPL securitization program 3 The Way Forward for Turkish Distressed Loans and Assets – Resolution Alternatives, May 2019 is a case in point (see below for further details).

  • Id. 26 TSUNEHIKO ŌSHIMA & YOSHIAKI NISHIMURA, FURYŌ SAIKEN RYŪDŌ-KA NOSHIKUMI TO ZEIMU [Framework of Liquidation of and Tax Treatments for Distressed Loans] 68 (1999).

Related to Distressed Loans

  • Distressed Mortgage Loan Any Mortgage Loan that at the date of determination is Delinquent in payment for a period of 90 days or more without giving effect to any grace period permitted by the related Mortgage Note or for which the applicable Servicer or the Trustee has accepted a deed in lieu of foreclosure.

  • 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

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

  • Distressed Person has the meaning set forth in the definition of “Lender-Related Distress Event.”

  • PMI Mortgage Loans The list of Mortgage Loans insured by the PMI Insurer attached hereto as Schedule II.

  • Loan or Loans means, as the context may require, Revolving Loans and/or Swing Line Loans.

  • Countrywide Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Countrywide is the applicable Seller.

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

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

  • Mortgage Loans Such of the mortgage loans transferred and assigned to the Trustee pursuant to the provisions hereof as from time to time are held as a part of the Trust Fund (including any REO Property), the mortgage loans so held being identified in the Mortgage Loan Schedule, notwithstanding foreclosure or other acquisition of title of the related Mortgaged Property.

  • 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.

  • 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.

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

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

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Group 3 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 3 Mortgage Loans.

  • Permitted Loans means:

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

  • 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.

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

  • Group 2 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 2 Mortgage Loans.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

  • Group 1 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 1 Mortgage Loans.

  • Subordinated Loans means any loan incurred by the Issuer or any of its Subsidiaries, if such loan (i) according to its terms (or pursuant to a subordination agreement on terms and conditions satisfactory to the Trustee) is subordinated to the obligations of the Issuer under the Terms and Conditions; (ii) according to its terms have a final redemption date or, when applicable, early redemption dates or instalment dates which occur after the Final Redemption Date; and (iii) according to its terms yield only payment-in-kind interest.