FNB Loan Property definition

FNB Loan Property has the meaning set forth in Section 3.18(a).
FNB Loan Property means any property in which FNB presently holds a direct or indirect security interest securing a loan or other extension of credit made by them, including through a participation interest in a loan or other extension of credit other than by FNB.

Examples of FNB Loan Property in a sentence

  • To the Knowledge of FNB, prior to the period of (x) FNB’s ownership or operation of any of its current properties or (y) FNB’s participation in the management of any FNB Loan Property, there was no material contamination by or release of Materials of Environmental Concern in, on, under or affecting such properties.