Loan Originators definition

Loan Originators means each of the originators of the Student Loans, as set forth on Schedule B attached hereto, as amended or supplemented from time to time.

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Loan Originators means the entities or institutions that initially provide or issue loans, typically including banks, credit unions, online lenders or other financial institutions.

Loan Originators means all such entities, collectively, and any successors thereto. In the case of AMCUSA, its subsidiary, Advanta Finance Corp., may transfer Loans originated by Advanta Finance Corp. to AMCUSA, which Loans shall be transferred by AMCUSA to the Depositor and in turn to the Issuer. AMCUSA shall be the Loan Originator for all such Loans.

Examples of Loan Originators in a sentence

• The Disposition Agent shall conduct any Whole Loan Sale subject to the Loan Originator's right of first refusal and shall promptly notify the Loan Originator of the amount of the highest bid.

• The Loan Originator shall within 5 Business Days of the earlier of the Loan Originator's discovery or the Loan Originator's receiving notice of any breach of a representation or warranty, promptly cure such breach in all material respects.

• If requested by the Loan Originator, the Assignee shall issue the Loan Originator an additional power of attorney to perform Loan Originator's rights under this Clause.

• By approving this Agreement, the Assignee shall authorise Viainvest to withdraw the Assignment Fee, which was transferred to Viainvest's Account by the Assignee, in favour of Loan Originator's bank account, accordingly reflecting this transaction in the User Account in the Investment Platform.

• In case of Invest & Access the User shall agree not only to the terms of the Assignment Agreements for purchases from the Loan Originators, but also for resale of the Claims.

• Tech Consultancy Management Partners and the Loan Originators do not have to repay or compensate the User for the paid Claim Price or any part thereof, as well do not have to compensate any possible losses.

• Tech Consultancy Management Partners together with the Loan Originators shall manage the User’s Claims.

• For the sake of clarity, the Loan Originator shall retain the funds in the same proportion to the portion taken by the Loan Originator's claims in all Creditor's claims against the Borrower arising out of the Loan Agreement at that time.

• In the event the transactions set forth herein are deemed not to be a sale, the Loan Originator hereby grants to the Depositor a security interest in all of the Loan Originator's right, title and interest in, to and under the Loans and other property described above, whether now existing or hereafter created, to secure all of the Loan Originator's obligations hereunder; and this Purchase Agreement shall constitute a security agreement under applicable law.

• The Loan Originators, the Depositor, the Servicer and any of their respective Affiliates, directors, officers, employees, agents may rely in good faith on any document of any kind which, prima facie, is properly executed and submitted by any Person respecting any matters arising hereunder.

More Definitions of Loan Originators

Loan Originators means all such entities, collectively, and any successors thereto.