Government Loan definition

Government Loan means a Mortgage Loan that is insured by the FHA or guaranteed by the Department of Veterans Affairs or RHS. The term “Government Loan” does not include any Mortgage Loan that is a Conventional Conforming Loan or a Jumbo Loan.
Government Loan means an advance of money made by a federal, state, county, or city agency.
Government Loan a Loan, other than an Agency Eligible Loan, that is (a) an FHA Loan; (b) a VA Loan; (c) an RHS Loan, or (d) is otherwise eligible for inclusion in a Xxxxxx Mae mortgage-backed security pool.

Examples of Government Loan in a sentence

  • Prior to the Government Loan Termination Date, any Company Equity Securities held by Fiat in excess of 35% of the fully diluted Company Equity Securities, by vote and value, shall be placed in a voting trust organized pursuant to a voting trust agreement in the form of Exhibit A, whose sole trustee has been approved by the US Treasury.

  • The Party of the FIRST PART or his/ her legal heirs, executors and administrators shall forthwith pay to the Government on demand the said sum of Rs. / -(Rupees Lakh only) together with interest from the demand at Government rate in force on Government Loan.

  • The following events are specified as additional conditions to the effectiveness of the Loan Agreement within the meaning of Section 12.01 (c) of the General Conditions, namely, that all conditions precedent to the effectiveness of the Government Loan Agreement, except for those related to the effectiveness of this Agreement, have been fulfilled.

  • On or after the Government Loan Termination Date, subject to Section 9.1, distributions shall be made to the Members, at the times and in the aggregate amounts determined by the Board of Directors, to the Members on a pro rata basis, in proportion to the Total Interest of each such Member.

  • The Party of the FIRST PART or his / her legal heirs, executors and administrators shall forthwith pay to the Government on demand the said sum of Rs. (Rupees _ only) together with interest from the demand at Government rate in force on Government Loan.


More Definitions of Government Loan

Government Loan means the money raised,-
Government Loan means a loan made by a federal, State,
Government Loan means an advance of money made by a federal, state, county, or city agency that is authorized by law to make loans.
Government Loan. A loan made by a federal, state, county, or city agency that is authorized by law to make such loans.
Government Loan means a loan granted by the government or any department, division, agency or any other instrumentality of a government. ​
Government Loan means a loan made by any governmental agency, department or instrumentality for economic development or other specific purpose not related to the sale of telemarketing services to such agency, department or instrumentality.
Government Loan means a Mortgage Loan that is an FHA Loan, a VA Loan or a USDA Loan.