Outstanding Loan. As to any Payment Date, a Loan which was not (i) the subject of a Principal Prepayment in full during any preceding Collection Period, (ii) purchased, deleted or substituted for during any preceding Collection Period pursuant to the Servicing Agreement or (iii) a Liquidated Loan during any preceding Collection Period as of such Payment Date.
Outstanding Loan means a PLP Loan approved by the Board which has not been repaid or de-obligated by the Developer.
Outstanding Loan means a loan that the consumer is legally obligated to repay, regardless of whether the loan is delinquent or is subject to a repayment plan or other workout arrangement, except that a loan ceases to be an outstanding loan if the consumer has not made at least one payment on the loan within the previous 180 days.
Examples of Outstanding Loan in a sentence
You may pay all or any part of your Outstanding Loan Balance at any time without notice, penalty or bonus.
The MSFAA-Canada will remain in force notwithstanding your entry into or fulfillment of an agreement to alter payment terms or the full payment by you of your Outstanding Loan Balance, subject to the CSFAA.
All your rights and obligations under the MSFAA-Canada in respect of your Outstanding Loan Balance will terminate upon your death.
You promise to pay your total Outstanding Loan Balance in accordance with the Terms and Conditions of the MSFAA-Canada.
There are programs that may help you repay your Outstanding Loan Balance.
More Definitions of Outstanding Loan
Outstanding Loan means the loan specified as such in the Schedule and as of the Effective Date loaned by the Lender to the Borrower.
Outstanding Loan means the principal amount of the Loan together with all accrued interest pursuant to Clause 4 and all other amounts accrued or outstanding under the Finance Documents.
Outstanding Loan means the aggregate outstanding principal amount of the Loan.
Outstanding Loan. As of any Due Date, a Loan with a Stated Principal Balance greater than zero, which was not the subject of a Principal Prepayment in Full prior to such Due Date and which did not become a Liquidated Loan prior to such Due Date.
Outstanding Loan means each of the loans specified as such in the Schedule.
Outstanding Loan means any loan obligation of the Company that has not been satisfied, including, without limitation, any loan obligation to any Affiliate of any Member or Manager. The parties acknowledge that the Third Party Loans, the Investor Member Affiliate 77 Greenwich Mezz Loan and the Investor Member Affiliate Holdco Loan are Outstanding Loans for purposes of this Agreement.
Outstanding Loan means all unpaid contract loans plus interest due or accrued on such loans.