Makes loans definition

Makes loans means lends new money or renews or extends indebtedness owing by a qualified applicant to an institutional lender, after June 30, 2006.
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Examples of Makes loans in a sentence

  • Makes loans, secured by either real property or by a pledge of readily marketable securities, at all times, having equal or greater value than the loan amount, to finance the purchase, construction or improvement of church related property, buildings, related capital expenditures, or to refinance existing debt to be secured by such property, or for other operating expenses of the entities described in 75.6 above, provided the obligation is secured by such property.

  • Makes loans, secured by either real property or by a pledge of readily marketable securities, at all times, having equal or greater value than the loan amount, to finance the purchase, construction or improvement of church related property, buildings, related capital expenditures, or to refinance existing debt to be secured by such property, or for other operating expenses of the entities described in F.

  • Makes loans, secured by either real property or by a pledge of readily marketable securities, at all times, having equal or greater value than the loan amount, to finance the purchase, construction or improvement of church related property, buildings, related capital expenditures, or to refinance existing debt to be secured by such property, or for other operating expenses of the entities described in (f) above, provided the obligation is secured by such property.

  • It:▪ Allocates state and federal subsidy resources▪ Makes loans to finance acquisition, construction, or renovation of properties▪ Regulates property operations, including approving proposed transactionsIn each of those roles, MSHDA is called upon to evaluate whether a property’s value supports the transaction.

  • Rhode Island Housing:• Makes loans directly and through our Participating Lender network• Offers educational support and services to help homebuyers become successful homeowners• Has helped nearly 65,000 Rhode Island families buy their first home since 1973• Provides local servicing and support for more than 9,000 homeowners across the stateHousing Help for OwnersWe also work to help struggling Rhode Islanders keep their homes.

  • It: Allocates state and federal subsidy resources Makes loans to finance acquisition, construction, or renovation of properties Regulates property operations, including approving proposed transactionsIn each of those roles, MSHDA is called upon to evaluate whether a property’s value supports the transaction.

  • Weather, operator efficiency, and operating site conditions all have an impact and are often not possible for the project manager to control.

  • Makes loans to any person or entity except for loans to each of the Borrower, inter se.

Related to Makes loans

  • U.S. Loans means, individually and collectively as the context may require, the U.S. Revolving Loans, the Swingline Loans and the U.S. Protective Advances.

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • 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.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • LIBOR Rate Loans means Loans bearing interest at rates determined by reference to the Adjusted LIBOR Rate as provided in subsection 2.2A.

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • Eurodollar Loans Loans the rate of interest applicable to which is based upon the Eurodollar Rate.

  • Prime Rate Loans means any Loans or portion thereof on which interest is payable based on the Prime Rate in accordance with the terms thereof.

  • 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).

  • Revolving Loans has the meaning set forth in Section 2.1(a).

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

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

  • Fixed Rate Loans means CD Loans or Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Swing Loans each is defined in Section 1.7 hereof.

  • Bridge Loans means the Loans (as defined in the Bridge Credit Agreement).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Eurodollar Rate Loans means any Loans or portion thereof on which interest is payable based on the Adjusted Eurodollar Rate in accordance with the terms hereof.

  • Syndicated Loans means Base Rate Loans or Euro-Dollar Loans made pursuant to the terms and conditions set forth in Section 2.01.

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Term Loans means the term loans made by the Term Lenders to the Borrower pursuant to Section 2.01(b).

  • Borrowings means, at any time, the outstanding principal, capital or nominal amount and any fixed or minimum premium payable on prepayment or redemption of any indebtedness for or in respect of:

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

  • Canadian Prime Rate Loans means Loans for which the applicable rate of interest is based upon the Canadian Prime Rate.

  • 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.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.