DUS Loans definition

DUS Loans means those Serviced Loans sold by a Seller and purchased by ▇▇▇▇▇▇ ▇▇▇ pursuant to the ▇▇▇▇▇▇ Mae DUS Program on or prior to the Closing Date.
View Source

Examples of DUS Loans in a sentence

  • On each Payment Date (other than the Fifth Anniversary), the Principal Balance shall be reduced (but not below zero) by an amount equal to ninety percent (90%) of the amount of Credit Losses in respect of the DUS Loans and MultiTrak Loans during the Quarterly Measurement Period immediately preceding such Payment Date, as reflected in the related Credit Loss Notice referred to below.

  • There are no reserves as of the date of this Agreement, other than reserves with respect to DUS Loans, although the Company does not expect losses in the amount of such reserves.

  • Capmark agrees to keep such information and reports (collectively, “Confidential Information”) confidential and shall not (i) make such information available to any third party (except as required by applicable Law) or (ii) use such information or reports for any purpose other than to monitor the status of the performance of such DUS Loans and MultiTrak Loans and evaluate the likelihood (and amount) of any Credit Losses that may arise with respect thereto.

  • The parties agree that ▇▇▇▇▇▇ Mae’s determination of (or any settlement agreed to by ▇▇▇▇▇▇ Mae and Berkadia as to) the Total Lender Loss or Approved Loss for any DUS Loan or MultiTrack Loan shall be conclusive evidence thereof for purposes of determining the amount of the Credit Losses in respect of such DUS Loans and MultiTrak Loans.

  • The lender has agreed to lend to you the initial unpaid balance shown in the disclosure statement.