HUD Loans definition

HUD Loans means the mortgage loan(s) made by XXX Xxxxxx and insured or held by HUD with respect to the Facility.
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HUD Loans means those certain mortgage loans insured by the U.S. Department of Housing and Urban Development, secured by certain of the Facilities.
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HUD Loans has the meaning assigned to such term in Section 6.1(z).
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Examples of HUD Loans in a sentence

  • HUD Loans Referenced in the Loan Servicing and Collections Manual, the Department of Community and Human Development has established a procedure for HUD loan clients that may develop financial hardship during a state of disaster/ national emergency event (i.e. COVID-19 pandemic).

  • The HUD Loans are not part of a revolving credit facility and to the extent repaid, Borrower may not reborrow under this credit facility.

  • In this study, it was considered that the autonomy factor is a discrete binary variable comprising the states {Low, High}.),The set of simple rules that regulates the adaptation behavior of the holon is illustrated in Figure 3.

  • As a result, the parties executed a HUD Addendum to each of the leases at the time of the closing on the HUD Loans.

  • Finally, Section 4022 of the CARES Act provides relief fromforeclosure as to “Federally Backed Mortgage Loans.” These covered loans include Freddie and Fannie Mae owned loans, HUD Loans, Veteran Home Loans (VA), FHA, Rural Housing, USDA, and other federally guaranteed loans.

  • Specifically, injunctive relief as against Cohen and Buckley is absolutely necessary because they have continued to orchestrate the mortgage fraud scheme that Cohen perpetrated in connection with HUD Loans Nos.

  • In the interest of time court directed the counsel for both parties to file written submissions.

  • In particular, if the HUD Loans on a facility are paid in full at a time at which other facilities are subject to HUD-insured loans, the operator of such facility should no longer be able to borrow on the AR Loan that encumbers the accounts receivable of the other facilities.

  • All reserves held in connection with the HUD Loans (other than the Vandalia HUD Loan) shall be first applied to any prepayment penalties due in connection with the payoff of the HUD Loans (other than the Vandalia Loan) and Cap Ex Obligations that are agreed to by the parties and identified as such on Exhibit G and the remaining balance of such reserves shall be returned to Seller at or following the Closing and Seller shall be entitled to retain such reserves without reduction to the Purchase Price.

  • The foregoing requirements related to advance funding and yield maintenance premiums shall apply to any prepayment of the HUD Loans, regardless if such prepayment is voluntary, mandatory or required in connection with an acceleration of the Loans or otherwise.


More Definitions of HUD Loans

HUD Loans means the three (3) HUD loans which currently encumber: (a) Batesville Healthcare Center, (b) Broadway Healthcare Center and (c) Xxxxxx Healthcare Center.
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Related to HUD Loans

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Bank Loans means debt obligations (including term loans, notes, revolving loans, debtor-in-possession financings, the funded and unfunded portion of revolving credit lines and letter of credit facilities and other similar loans and investments including interim loans and senior subordinated loans) which are generally under a loan or credit facility (whether or not syndicated) or note purchase agreement.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Second Lien Loans means “Loans” under and as defined in the Second Lien Credit Agreement.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Offered Loans has the meaning specified in Section 2.05(d)(iii).

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • Related Loans has the meaning set forth in Section 3.1. “Restructuring Loss” means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • Refinancing Loans means the Refinancing Revolving Loans and the Refinancing Term Loans.

  • Swing Loans each is defined in Section 1.7 hereof.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • 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.

  • New Revolving Loans as defined in Section 2.25.

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

  • Senior Loans means the loans and other extensions of credit made by the Senior Lenders to Borrower pursuant to the Senior Credit Agreement.

  • Revolving Facility Loans shall include the Other Revolving Loans.

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

  • LIBOR Rate Loans means Loans bearing interest at a rate based on the LIBOR Base Rate or LIBOR Rate, as applicable.

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

  • LIBOR Loans means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.