Loan settlement definition

Loan settlement means the occurrence of all of the fol- lowing:
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Loan settlement means any settlement or compromise with borrowers, lenders, investors, business partners, joint ventures, brokers, and any other Person with an interest in, or in the proceeds of, a Loan Asset, including, without limitation, the arrangement of short sales, payments for borrower cooperation, institution and prosecution of legal actions, forgiveness of debt and conveyance of direct or indirect interests in real property, including, without limitation, the release of collateral, borrowers, guarantors, and/or sponsors, as well as the sale of such Loan Asset to a party or parties related to such borrowers, guarantors, and/or sponsors.
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Loan settlement means the occurrence of all of the following:
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Examples of Loan settlement in a sentence

  • In the event where the Grantee has repaid the Loan amount in full, the Grantor will be responsible for returning to the Grantee cash or shares not exceeding the premium when the value of securities, based on the computation on the date of Loan settlement in the contract, exceeds the value of the Pledged Securities.

  • Benefits under Loan settlement cover will only be paid from the effective date.

  • Reports of all carbon bed regeneration cycles during which the parameters recorded under paragraph (b)(2)(v) of this section were outside the ranges established in the Notification of Compliance Status or operating permit.

  • Under this Loan settlement cover, we only provide cover for the amounts specified under the loan agreement when you first entered into it.

  • Benefits under Loan settlement cover will only be paid from the effective date.

  • Under this Loan settlement cover, we only provide cover for the amounts specified under the loan agreement when you first entered into it.

  • Please note: Until the effective date we also provide you with interim Loan settlement cover for the cover you selected in your proposal on the terms set out in “Loan settlement cover”.

  • Loan settlement cover is automatically included with every combination of cover.

  • When your Loan settlement cover ends under (a) – (h) above, all benefit entitlements under Loan settlement cover will cease.

  • DeadlineRequirementTALF custodian and TALF lender) Loan settlement date, by 8:30 a.m.• Solely for New Acquisition Collateral that is not acquired by the Borrower through the TALF agent.


More Definitions of Loan settlement

Loan settlement. The closing and funding of a loan by Liberty Bank. Liberty Bank’s Compensation Options: Broker must elect either the Lender-Paid Compensation option or the Borrower-Paid Compensation option, each as described below, for each loan which it originates for Liberty Bank.
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Related to Loan settlement

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Operating Agreement, section 3.3. PJM Tariff, Xxxxxx, O.A.T.T., OATT or PJM Open Access Transmission Tariff: “PJM Tariff,” “Tariff,” “O.A.T.T.,” “OATT,” or “PJM Open Access Transmission Tariff” shall mean that certain PJM Open Access Transmission Tariff, including any schedules, appendices or exhibits attached thereto, on file with FERC and as amended from time to time thereafter. Plan:

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Combination Settlement shall have the meaning specified in Section 14.02(a).

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Viatical settlement provider means a person, other than a viator, who enters into or effectuates a viatical settlement contract. Viatical settlement provider does not include:

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • Physical Settlement shall have the meaning specified in Section 14.02(a).

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Viatical settlement broker means a person, including a life insurance producer as provided for in section 508E.3, who, working exclusively on behalf of a viator and for a fee, commission, or other valuable consideration, offers or attempts to negotiate viatical settlement contracts between a viator and one or more viatical settlement providers or one or more viatical settlement brokers. Notwithstanding the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator, and not the insurer or the viatical settlement provider, and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator. “Viatical settlement broker” does not include an attorney, certified public accountant, or a financial planner accredited by a nationally recognized accreditation agency who is retained to represent the viator and whose compensation is not paid directly or indirectly by the viatical settlement provider or purchaser.

  • Credit Derivatives Auction Settlement Terms means the credit derivatives auction settlement terms published by ISDA in relation to the Reference Entity or Reference Obligation with the object of determining an Auction Final Price, which shall include, where more than one set of terms is published in respect of the Reference Entity, all or any of such terms so published.

  • Structured settlement means an arrangement for periodic payment of damages for personal injuries established by settlement or judgment in resolution of a tort claim or for periodic payments in settlement of a workers’ compensation claim.

  • Final Settlement means permanent settlement of the Contractor’s actual allowable costs or expenditures as determined at the time of audit, which shall be completed within three years of the date the year-end cost settlement report was accepted for interim settlement by the State. If the audit is not completed within three years, the interim settlement shall be considered as the final settlement.

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.

  • Resettlement means the impact of an involuntary taking of land under the Project, which taking causes affected persons to have their: (i) standard of living adversely affected; or (ii) right, title or interest in any house, land (including premises, agricultural and grazing land) or any other fixed or movable asset acquired or possessed, temporarily or permanently; or (iii) access to productive assets adversely affected, temporarily or permanently; or (iv) business, occupation, work or place of residence or habitat adversely affected, temporarily or permanently.