'Gestation Loans Borrowing Base definition

'Gestation Loans Borrowing Base means at any date all Eligible Gestation Mortgage Loans in which the Collateral Agent holds for the benefit of the Lenders a first priority perfected security interest at such date, including all Eligible Gestation Mortgage Loans supporting Warehouse Related MBS's prior to delivery and settlement of the sale thereof to an Approved Investor."
Sample 1

Examples of 'Gestation Loans Borrowing Base in a sentence

  • Direct the Collateral Agent to ship Mortgage Loans and Mortgage-Backed Securities included in the Warehouse Borrowing Base or the Gestation Loans Borrowing Base only to Approved Investors or otherwise consistent with the provisions of the Loan Documents.

  • This manual has been compiled to assist local officials of the City of Hoquiam in complying with the regulations for operations and maintenance of the flood control works, and should be used in conjunction with the U.S. Army Corps of Engineers (USACE) “Levee Owner’s Manual for Non-Federal Flood Control Works” also referred to in this document as the Levee Owner’s Manual.

Related to 'Gestation Loans Borrowing Base

  • Aggregate Borrowing Base means as of any date of determination, an amount equal to (i) the sum of the SMP Borrowing Base and the SI Borrowing Base; less (ii) any Reserves except to the extent already deducted therefrom.

  • U.S. Borrowing Base means, as of any date of determination, the result of:

  • Tranche A Borrowing Base means, at any time of calculation, an amount equal to:

  • Revolving Advances means Advances made other than Letters of Credit.

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • Canadian Borrowing Base means, at any time, an amount in Dollars equal to:

  • Domestic Borrowing Base means, at any time of calculation, an amount equal to:

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Borrowing Base means, at any time of calculation, an amount equal to:

  • Revolving Loans has the meaning set forth in Section 2.1(a).

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Revolving Credit Availability means, at any particular time, the amount by which the Aggregate Revolving Loan Commitment at such time exceeds the Revolving Credit Obligations outstanding at such time.

  • Overadvance Loan means a Base Rate Loan made when an Overadvance exists or is caused by the funding thereof.

  • Revolving Advance has the meaning given in Section 2.1.

  • Revolving Credit Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Credit Commitment Termination Date and the date of termination of the Revolving Credit Commitments.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Revolving Loan Outstandings means, at any time of calculation, (a) the then existing aggregate outstanding principal amount of Revolving Loans, and (b) when used with reference to any single Lender, the then existing outstanding principal amount of Revolving Loans advanced by such Lender.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Foreign Borrowing Base means, as of any date, an amount equal to:

  • Revolving Facility Loans shall include the Other Revolving Loans.