Initial Portfolio Loans definition

Initial Portfolio Loans means the FFELP Loans to be refinanced with the proceeds of the Notes on the Date of Issuance.
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Initial Portfolio Loans means the FFELP Loans to be refinanced with the proceeds of the Notes on the Date of Issuance, which are made up of the Series 2000 Portfolio Loans and the Warehouse Portfolio Loans.
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Initial Portfolio Loans means the Financed Student Loans purchased on the Closing Date in accordance with the provisions of Section 3.3(d)(1) hereof, a schedule of which is attached hereto as Exhibit B.
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Examples of Initial Portfolio Loans in a sentence

  • These are the respective aggregate outstanding balances of the Initial Portfolio Loans for which Special Allowance Payments are based on the three-month commercial paper index and the 91-day U.S. Treasury bill index.

  • The second PCP relied upon, was undertaking meetings as part of the absence management process.

  • Distribution of the Initial Portfolio Loans by Loan Type as of June 30, 2004 Loan Type Number of LoansDistribution of the Initial Portfolio Loans by Range of Outstanding Balances as of June 30, 2004 $80,000.00 or greater...................................

  • Distribution of the Initial Portfolio Loans by Remaining Term to Scheduled Maturity as of June 30, 2004 Remaining Months to Scheduled Maturity Number of Loans360 or greater .......................

  • However, because the majority of the Initial Portfolio Loans bear interest at variable rates per annum, re-established effective each July 1, these rates are not indicative of future interest rates on the Initial Portfolio Loans.

  • For both priorities, given the state of the city budget and staff resources due to the Pandemic, at this point, we are suggesting actions that require minimal staff time and are consistent with the 2017 Parks and Recreation Master Plan.

  • To examine the role of flexible working hours’ arrangement on employee retention in manufacturing industries.

  • Access Group expects to use the portion of the proceeds of the Notes deposited into the Pre-Funding Account to purchase additional Private Loans and additional disbursements of the Acquisition Portfolio Loans from National City Bank during the Pre-Funding Period (the “Pre-Funding Portfolio Loans” and, together with the Initial Portfolio Loans, the “Portfolio Loans”).

  • On or prior to January 1, 2006, the Corporation shall certify to the Trustee the aggregate Principal Balance (1) as of the Closing Date, of the Initial Portfolio Loans, together with any additional disbursements thereon made after the Closing Date from funds in the Acquisition Account, and (2) as of the date of origination, acquisition or refinancing, of all other Student Loans originated, acquired or refinanced with funds in the Acquisition Account (collectively, the "Original Pool Principal Balance").

  • Distribution of the Initial Portfolio Loans by Loan Type as of January 31, 2003 Loan Type Number of LoansAggregate Outstanding BalancePercent of Loans by Outstanding Balance Consolidation ..................

Related to Initial Portfolio Loans

  • Initial Portfolio means the initial portfolio of Receivables, comprising Eligible Assets, purchased by the Guarantor from the Seller pursuant to the Master Loans Purchase Agreement.

  • Collateral Portfolio means all right, title, and interest (whether now owned or hereafter acquired or arising, and wherever located) of the Borrower in the property identified below in clauses (i) through (iv) and all accounts, cash and currency, chattel paper, tangible chattel paper, electronic chattel paper, copyrights, copyright licenses, equipment, fixtures, contract rights, general intangibles, instruments, certificates of deposit, certificated securities, uncertificated securities, financial assets, securities entitlements, commercial tort claims, deposit accounts, inventory, investment property, letter-of-credit rights, software, supporting obligations, accessions, or other property consisting of, arising out of, or related to any of the following (in each case excluding the Retained Interest and the Excluded Amounts):

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to:

  • Principal Portion means the portion of each Base Rentals payment that represents the payment of principal set forth in Exhibit C (Base Rentals Schedule) hereto.

  • Initial Pool Balance means the Pool Balance as of the Cut-off Date, which is $ .

  • Portfolio Asset means an asset of an investment fund;

  • Group 3 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 3 Mortgage Loans.

  • PMI Mortgage Loans The list of Mortgage Loans insured by the PMI Insurer attached hereto as Schedule II.

  • Subsequent Mortgage Loans means, for purposes of this Agreement, the Subsequent Mortgage Loans listed in the Subsequent Mortgage Loan Schedule attached hereto as Schedule I.

  • Mortgage Loans Such of the mortgage loans transferred and assigned to the Trustee pursuant to the provisions hereof as from time to time are held as a part of the Trust Fund (including any REO Property), the mortgage loans so held being identified in the Mortgage Loan Schedule, notwithstanding foreclosure or other acquisition of title of the related Mortgaged Property.

  • Student Loans means education loans to students and parents of students under the Federal Family Education Loan Program.

  • EMC Mortgage Loans Those Mortgage Loans serviced by the Company pursuant to the terms of this Agreement.

  • Group 2 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 2 Mortgage Loans.

  • Loan Assets means, collectively and as applicable, the Initial Loan Assets, the Substitute Loan Assets and the Additional Loan Assets, as applicable.

  • Group 1 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 1 Mortgage Loans.

  • Purchased Loans means, with respect to each Purchase Agreement, the Loans offered for sale and purchased or substituted pursuant to such Purchase Agreement.

  • Note A-1 Securitization means the first sale by the Note A-1 Holder of all or a portion of Note A-1 to a depositor who will in turn include such portion of Note A-1 as part of the securitization of one or more mortgage loans.

  • Note A-2 Securitization means the first sale by the Note A-2 Holder of all or a portion of Note A-2 to a depositor who will in turn include such portion of Note A-2 as part of the securitization of one or more mortgage loans.

  • Note A-1 Securitization Date means the closing date of the Note A-1 Securitization.

  • Group I Mortgage Loans The Mortgage Loans identified on the Mortgage Loan Schedule as Group I Mortgage Loans.

  • Note A-2 Securitization Date means the closing date of the Note A-2 Securitization.

  • Material Portion has the meaning set forth in Section 6.13(c).

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • Group III Mortgage Loans and "Group IV Mortgage Loans," respectively), formed by Wells Fargo Asset Securities Corporation (hereinafter called the "Depxxxxxr," which term includes any successor entity under the Agreement referred to below). The Trust Estate was created pursuant to a Pooling and Servicing Agreement dated as of February 27, 2006 (the "Agreement") among the Depositor, Wells Fargo Bank, N.A., as master servicer (the "Master Servicer") anx X.X. Bank National Association, as trustee (the "Trustee"), a summary of certain of the pertinent provisions of which is set forth hereinafter. To the extent not defined herein, the capitalized terms used herein have the meanings ascribed to such terms in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (the "Distribution Date"), commencing on the first Distribution Date specified above, to the Person in whose name this Certificate is registered at the close of business on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the Group II-A Distribution Amount for the Class II-A-7 Certificates required to be distributed to Holders of the Class II-A-7 Certificates on such Distribution Date, subject to adjustment in certain events as specified in the Agreement. Distributions in reduction of the Principal Balance of certain Classes of Class A Certificates may not commence on the first Distribution Date specified above. Distributions of principal will be allocated among the Classes of Group II-A Certificates in accordance with the provisions of the Agreement. The pass-through rate on the Class II-A-7 Certificates applicable to each Distribution Date will be 5.500% per annum. The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall, any Relief Act Shortfall and the interest portion of certain Realized Losses allocated to the Class II-A-7 Certificates, as described in the Agreement. Distributions on this Certificate will be made by the Paying Agent by check mailed to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register, unless such Person is entitled to receive payments by wire transfer in immediately available funds in accordance with the Agreement and such Person has notified the Paying Agent pursuant to the Agreement that such payments are to be made by wire transfer of immediately available funds. Notwithstanding the above, the final distribution in reduction of the Principal Balance of this Certificate will be made after due notice of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency of the Paying Agent specified for that purpose in the notice of final distribution. Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. This Certificate constitutes a "regular interest" in a "real estate mortgage investment conduit" as those terms are defined in Section 860G(a)(1) and Section 860D, respectively, of the Internal Revenue Code of 1986, as amended. Unless this Certificate has been countersigned by an authorized officer of the Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.

  • Securitization Assets means (a) the account receivable, royalty or other revenue streams and other rights to payment and other assets related thereto subject to a Qualified Receivables Financing and the proceeds thereof and (b) contract rights, lockbox accounts and records with respect to such accounts receivable and any other assets customarily transferred together with accounts receivable in a securitization financing.