Nonperforming Loan means any Loan in respect of which at least two (2) Monthly Payments are Delinquent.
Nonperforming Loan means a loan in respect of which payment of principal or interest is in arrears for more than ninety days;
Nonperforming Loan means, as of the Effective Time on the Closing Date, any Loan with respect to which (1) any principal or interest shall be due and unpaid by the obligor thereunder for more than sixty (60) days prior to the Closing Date; (2) an obligor has filed or has had filed against such obligor proceedings in bankruptcy, trusteeship or receivership and Seller has been notified of such filing; (3) the loans or receivables have been completely charged off; (4) the balance is no longer owed by the obligor as a result of a settlement agreement between the obligor and Seller or any of its Subsidiaries; (5) there are pending legal proceedings with respect to the obligor’s inability or refusal to pay principal or interest due on such Loan; or (6) Seller has Knowledge that such Loan will not be repaid in full.
Examples of Nonperforming Loan in a sentence
The Company and its subsidiaries provide services primarily in 3 business areas, namely: 1) Non-performing Loan Asset Management, 2) Finance Advisory and Investment Banking Advisory and 3) Other Services.
Nonperforming Loan SalesPerforming $ 950 $ 926 $ 910 7,013 95.8% 98.3%Nonperforming 3,196 563 548 10,099 17.1 97.3Total 1996 $4,146 $1,489 $1,458 17,112 35.2% 97.9%2005 Performing vs.
Dah Sing Bank has a strong financial position with a 13.8% CET 1 ratio and a conservatively underwritten loan book with a Non-performing Loan ratio of only 1.1%.
As Wenzhou’s financial crisis subsided (see Government Response to Non-performing Loan Concerns below), concerns about underground banking receded in the news.
May provide for bypass highways to divert damaging traffic from use of the high- way or structure or provide other means of limiting or diverting use of the highway or structure by damaging traffic.
More Definitions of Nonperforming Loan
Nonperforming Loan with respect to CMS Bank means an asset required to be reported, as of any date of reference, in Column B or Column C of Items 1 through 9 of Schedule RC-N to FFIEC Form 041 (Consolidated Report of Condition and Income), as in force on the date of this Agreement, whether or not CMS Bank is required to report such items or is required to report as required in the instructions to such form, and “Nonperforming Loans” shall mean them collectively.
Nonperforming Loan means, as of the Close of Business on the Closing Date, (a) any Loan or (b) any receivable associated with the Purchased Credit Card Accounts and Receivables, in either case with respect to which (i) any principal or interest on such loan or receivable shall be due and unpaid by the obligor thereunder for sixty (60) days or more prior to the Closing Date, (ii) an obligor has filed or has had filed against such obligor proceedings in bankruptcy, trusteeship or receivership, (iii) the loans or receivables have been completely charged off, (iv) the balance is no longer owed by the obligor whether or not as a result of a settlement agreement between the obligor and HSBC or any of its Subsidiaries or (v) in the case of a mortgage loan, the loan has been repurchased by HSBC or any of its Subsidiaries.
Nonperforming Loan means, as of the Close of Business on the Closing Date, any Loan with respect to which (i) any principal or interest on such Loan or receivable shall be due and unpaid by the obligor thereunder for sixty (60) days or more prior to the Closing Date (other than loans guaranteed by the Veterans’ Administration or the Federal Housing Administration), (ii) an obligor has filed or has had filed against such obligor proceedings in bankruptcy, trusteeship or receivership, (iii) the loans or receivables have been completely charged off, (iv) the balance is no longer owed by the obligor whether or not as a result of a settlement agreement between the obligor and HSBC or any of its Subsidiaries or (v) in the case of a mortgage loan, the loan has been repurchased by HSBC or any of its Subsidiaries.
Nonperforming Loan means any Collateral Loan with respect to ------------------ which no payment of principal or interest has been made for at least (90) days.
Nonperforming Loan means, as of the Close of Business on the Closing Date, (a) any Loan or (b) any receivable associated with the Purchased Credit Card Accounts and Receivables, in either case with respect to which (i) any principal or interest on such loan or receivable shall be due and unpaid by the obligor thereunder for sixty (60) days or more prior to the Closing Date (other than loans guaranteed by the Veterans’ Administration or the Federal Housing Administration), (ii) an obligor has filed or has had filed against such obligor proceedings in bankruptcy, trusteeship or receivership, (iii) the loans or receivables have been completely charged off, (iv) the balance is no longer owed by the obligor whether or not as a result of a settlement agreement between the obligor and Seller or any of its Subsidiaries or (v) in the case of a mortgage loan, the loan has been repurchased by Seller or any of its Subsidiaries.
Nonperforming Loan means, as of the Effective Time, any Loan with respect to which (i) any principal or interest on such Loan shall be due and unpaid by the obligor thereunder for sixty (60) days or more prior to the Closing Date, (ii) an obligor has filed or has had filed against such obligor proceedings in bankruptcy, trusteeship or receivership, (iii) the Loan is subject to a pending legal proceeding related to an obligor’s inability or refusal to pay such Loan, (iv) the Loan has been completely charged off and (iv) the balance is no longer owed by the obligor whether or not as a result of a settlement agreement between the obligor and Seller.