Monthly Loan Report definition

Monthly Loan Report means each reconciliation loan report to be delivered by MGIC pursuant to Section 3(a).
Sample 1Sample 2
Monthly Loan Report shall have the meaning set forth in Section 4.21 hereof and shall be substantially in the form of Exhibit A-3 attached hereto.
Sample 1

Examples of Monthly Loan Report in a sentence

  • During the Lending Period and after Lender has made Program Loans totaling $200,000 principal amount in the aggregate, within five (5) business days of receipt of the Monthly Loan Report, Michigan Saves will increase the Lender's Reserve Fund Balance by an amount equal to five percent (5.0%) of the principal amount of all new Program Loans made during that month and listed in the Monthly Loan Report (for those Program Loans in addition to the first $200,000 aggregate principal amount).

  • Whenever a Program Loan is repaid in full at maturity or upon early repayment in full, the Lender shall notify Michigan SAVES in writing in the Monthly Loan Report.

  • The Lender's Reserve Fund Balance shall be reduced by fifty percent (50.0%) of the Aggregate Amortization Amount for the prior month as reported in the Monthly Loan Report.

  • Michigan Saves will use personally identifiable financial information provided in each Monthly Loan Report and other information provided by Lender for program management and evaluation purposes only, and will require all staff, affiliates, agents, and designees to treat the information as confidential unless otherwise required by law.

  • Whenever a Program Loan is repaid in full at maturity or upon early repayment in full, the Lender shall notify Michigan Saves in writing in the Monthly Loan Report.

  • Within ten business days after the end of each month, Lender shall provide to Michigan SAVES an itemized report on a form provided by Michigan SAVES (the "Monthly Loan Report").

  • Michigan Saves shall have the right to review and confirm the existence of and documentation for any Program Loan included in a Monthly Loan Report.

  • Michigan Saves will use information provided in each Monthly Loan Report and other information provided by Lender for program management and evaluation purposes only, and will require all staff, affiliates, agents, and designees to treat the information as confidential unless otherwise required by law.

  • Michigan SAVES shall have the right to review and confirm the existence of and documentation for any Program Loan included in a Monthly Loan Report.

  • The Trustee shall direct any Noteholder who requests a copy of either the Distribution Date Information Form or the Monthly Loan Report to (i) the electronic form of such Distribution Date Information Form or the Monthly Loan Report posted on the Corporation’s website or (ii) to such other location from which copies of the Distribution Date Information Form or the Monthly Loan Report may be obtained.

Related to Monthly Loan Report

  • Monthly Servicing Report shall have the meaning attributed to such term in the Servicing Agreement.

  • Monthly Report has the meaning assigned in Section 6.01.

  • Monthly Servicer Report means a report substantially in the form attached as Exhibit A-1 to the Servicing Agreement or in such other form as shall be agreed between the Servicer (with prior consent of the Back-Up Servicer) and the Trustee; provided, however, that no such other agreed form shall serve to exclude information expressly required by this Base Indenture or any Series Supplement.

  • Collection Report means the monthly report prepared by the Primary Servicer setting forth, with respect to each Mortgage Loan and the most recently ended Collection Period prior to the due date of such report, the information described on Exhibit G attached hereto.

  • Servicing Report has the meaning assigned to that term in Section 6.08(b).

  • Monthly Statement The statement delivered to the Certificateholders pursuant to Section 4.06.

  • Monthly P&I Advance An advance of funds by the Master Servicer pursuant to Section 4.02 or a Servicer pursuant to its Selling and Servicing Contract to cover delinquent principal and interest installments.

  • Monthly Investor Report has the meaning stated in Section 3.5(a) of the Sale and Servicing Agreement.

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.

  • Monthly Reporting Date means the 25th day of each month after the date of this Agreement (or if any such day is not a Business Day, the next succeeding Business Day thereafter).

  • Master Servicer Advance Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Monthly Advance The portion of each Monthly Payment that is delinquent with respect to each Mortgage Loan at the close of business on the Determination Date required to be advanced by the Company pursuant to Section 5.03 on the Business Day immediately preceding the Remittance Date of the related month.

  • Payment Date Report has the meaning assigned to such term in Section 8.07(b).

  • Borrowing Base Certificate means a certificate, signed and certified as accurate and complete by a Financial Officer of the Borrower Representative, in substantially the form of Exhibit C or another form which is acceptable to the Administrative Agent in its sole discretion.

  • Monthly Progress Report Shall have the meaning set forth in Section 13.7 (Monthly Progress Report).

  • Payment Date Statement means a report prepared by the Administrator setting forth certain information relating to the Reference Pool, the Notes, the Reference Tranches and the hypothetical structure described in the Offering Memorandum, which will be in such form as is required under the Offering Memorandum and otherwise as agreed upon between the Administrator and the Indenture Trustee.

  • Monthly Servicer’s Certificate is defined in Section 3.01(b)(i) of the Servicing Agreement.

  • Collection Period means, with respect to any Payment Date, the period commencing on the first day of the calendar month immediately preceding the month in which such Payment Date occurs (and, in the case of the first Collection Period, the period from (but excluding) the Cutoff Date) and ending on the last day of the calendar month immediately preceding the month in which such Payment Date occurs.

  • Distribution Report The meaning specified in Section 10.7(b).