MSR Loans definition

MSR Loans means loans outstanding under the MSR Notes that are, in accordance with the terms thereof, secured by the pledge of an MSR.
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MSR Loans means, collectively, (i) the Xxxxxx Xxx Loans and (ii) all other loans made by each other MSR Lender to a Subsidiary of the Borrower under, and in accordance with, the applicable MSR Documents, the proceeds of which are used exclusively to purchase Servicing Rights relating to Residential Mortgage Loans (and any related Delinquency Advances and Protective Advances with respect to such Servicing Rights that were existing at the time of such purchase) owned or controlled by such MSR Lender.
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Examples of MSR Loans in a sentence

  • Taxpayer has provided no evidence that the MSR Loans were worthless at any time during Year 3, and, likewise, Taxpayer has provided no evidence that rights to interest coupons stripped from the MSR Loans were worthless during Year 3.

  • Rather, any debt component of the MSR (i.e., the excess servicing payments) would constitute stripped coupons from the MSR Loans, and any worthlessness regarding stripped coupons from the MSR Loans would depend upon the performance of the MSR Loans.

  • Taxpayer has not produced any other documentation expressly identifying any MSR Loans that existed and remained outstanding as of the execution of the P&A (or any time thereafter).

  • The Consultant / firm are required to submit necessary documental evidence self- attested.

  • The MSR Agreement defines the MSR Loans as any “obligation of a Borrower(s) to repay [Failed Bank] an amount evidenced by a Promissory Note(s) and other Loan Documents.” For this purpose, the MSR Agreement defines “Borrower”, “Note” and “Loan Documents” as the borrower, promissory note, and loan documents, respectively, in connection with an MSR Loan.2 A schedule attached to the MSR Agreement lists the MSR Loans as of the date of the MSR Agreement; that schedule, however, does not list any loans.

  • Failed Bank retained the MSR for the MSR Loans, comprising (1) a duty to service the MSR Loans and (2) a right to a monthly fee equal to a fraction of the average outstanding principal of the MSR Loans.

Related to MSR Loans

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

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

  • 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.

  • Fixed Rate Loans means 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.

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

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Term Loans as defined in Section 2.1.

  • LIBOR Rate Loans means Loans bearing interest at a rate based on the LIBOR Base Rate or LIBOR Rate, as applicable.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

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

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

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.

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

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

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

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

  • Other Loans means one or more Classes of Loans that result from a Refinancing Amendment or a Loan Modification Agreement.

  • New Revolving Loans as defined in Section 2.25.

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

  • 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.