Excluded Loans definition

Excluded Loans means any and all loans which are not transferred and conveyed pursuant to this Agreement by Seller to Purchaser, including Retained Loans, Rejected Loans, New Loans, Excess Loans, and Classified Loans, except to the extent the parties otherwise agree to transfer any such loans and accordingly amend Exhibit 1.1(f) to reflect such agreement.
Excluded Loans means any loans that are not Iron Ore Loans or Sole Risk Loans, and includes:
Excluded Loans means the loans described on Schedule 1.1(i) hereto.

Examples of Excluded Loans in a sentence

  • The Excluded Loans outstanding from time to time for any Loan Action Date shall be identified as such on each Loan Schedule delivered on the Monthly Determination Date relating to such Loan Action Date.

  • From the date hereof until the Closing Date, Seller shall provide Purchaser, within ten (10) days of the end of each calendar month, a loan report showing all Final Initial Loans and any New Loans (other than loans that are otherwise Excluded Loans).

  • Schedule 1.1B.1(b) shall identify the Excluded Loans by loan number and borrower.

  • The Excluded Loans outstanding from time to time shall be identified as such on each Loan Schedule delivered from time to time on each Monthly Determination Date.

  • Within five business days of receiving Schedule 1.1B.1(b), Seller shall prepare and provide to Purchaser a revised list of Existing Loans on Schedule 1.1B.1(a) that excludes the Excluded Loans.


More Definitions of Excluded Loans

Excluded Loans has the meaning set forth in Section 2.1(b)(iv) of this Agreement.
Excluded Loans has the meaning set forth in Section 2.11(g) hereof.
Excluded Loans means those loans which are secured by bank stock, time shares, property with significant environmental clean up requirements (as determined by Agent), any assets which are located outside of the United States (other than Designated Countries), or other assets designated by Agent from time to time in writing to AMRESCO.
Excluded Loans. An Excluded Loan is any loan, loan participation, overdraft, or commitment that is not a Loan or (i) is, or has been, 90 days past due during the last 12 months, or (ii) has been renewed or has had its terms restructured without Purchaser’s consent in accordance with Section 5.17; or (iii) would be required to be classified as a troubled debt restructuring pursuant to GAAP;
Excluded Loans means any mortgage loans acquired or originated by the Borrower from time to time but which are not funded pursuant to this Agreement, other than Securitised Mortgage Loans.
Excluded Loans means the Offered Loans owned by Seller and offered for sale to Buyer pursuant to an Offer, which Offered Loans Buyer elects not to purchase, and which Offered Loans shall be listed in Schedule A to the Response.
Excluded Loans means any and all loans transferred to Seller pursuant to that certain Purchase and Assumption Agreement dated June 8, 2012 by and between Seller and the Federal Deposit Insurance Corporation as Receiver of Waccamaw Bank, including any interest in, collateral securing, documents evidencing, servicing rights or any other assets or rights relating thereto, and any renewals, extensions, substitutions or replacements of any of the foregoing.