GPM definition
Examples of GPM in a sentence
To the extent any Mortgage Loan provides for negative amortization, such as a GPM or GPARM Loan, the Servicer must assure that the Unpaid Principal Balance of such Mortgage Loan never exceeds the related Maximum Negative Amortization Amount, and that the related Monthly Payment is recast as provided for in the Mortgage Note such that the balance fully amortizes within the remaining term of such Mortgage Loan.
GPM is given the authority to opt the Client out of any class action proceeding relating to the claims authorized herein and/or pursue the Client claim individually in a group action, if the Client is not appointed Lead Plaintiff and GPM is not appointed Class Counsel.
Upon execution by GPM, attorneys are retained to provide legal services for the purpose of seeking damages and other relief in the Litigation.
GPM agrees to maintain liability insurance which covers its practice in this litigation and to provide evidence of such coverage if requested.
GPM (or GPARM) Loan..............................................