FPB Loan definition
FPB Loan has the meaning set forth in Section 3.22(d).
Examples of FPB Loan in a sentence
Other than participation loans purchased by FPB from third parties that are described on FPB Disclosure Schedule 3.22(d), no FPB Loans are presently serviced by third parties and there is no obligation which could result in any FPB Loan becoming subject to any third party servicing.
No claims of defense as to the enforcement of any FPB Loan have been asserted in writing against FPB or any of its Subsidiaries for which there is a reasonable possibility of a material adverse determination, and FPB has no Knowledge of any acts or omissions which would give rise to any claim or right of rescission, set-off, counterclaim or defense for which there is a reasonable possibility of a material adverse determination to its Subsidiaries.