Performing Eligible Loans definition

Performing Eligible Loans. = Eligible Loans less than three months in arrears “Adjustments” = sum of:
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Performing Eligible Loans. = Eligible Loans less than three months in arrears
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Performing Eligible Loans has the meaning given in Schedule 2 (Asset Coverage Test) to the Guarantor Agreement; 17012-00007 ICM:5110872.2
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Examples of Performing Eligible Loans in a sentence

  • Valuation Calculation and results (including the effective weighted average rate used for discounting of Performing Eligible Loans) D.

  • In addition, the Cover Pool Monitor shall enquire whether, in calculating the Present Value for purposes of the Valuation Calculation disclosed in the selected Monthly Report, expected future cash flows are discounted using the publicly posted mortgage rates or using the current market interest rates for mortgage loans with credit risks similar to those of the Performing Eligible Loans, and report findings/responses.

  • Where current market interest rates for mortgage loans with credit risks similar to those of the Performing Eligible Loans are used to discount expected future cash flows, the Cover Pool Monitor shall enquire whether the same discounting methodology has been used as that used as part of the fair value disclosure in the registered issuer’s audited financial statements, and report findings/responses.

  • Valuation CalculationTrading Value of Covered Bonds $0 A = LTV Adjusted Loan Present Value ¹ $2,704,244,664 Weighted Average Effective Yieldof Performing Eligible Loans: 2.91% B = Principal Receipts $30,507,136 C = Cash Capital Contributions $0 D = Trading Value of Substitute Assets $0 E = Reserve Fund Balance $0 F = Trading Value of Swap Collateral $0Present Value Adjusted Aggregate Asset Amount(Total: A + B + C + D + E + F) $2,734,751,800Valuation Calculation $2,734,751,8001.

  • Valuation Calculation Trading Value of Covered Bonds $0 A = LTV Adjusted Loan Present Value ¹ $2,704,244,664 Weighted Average Effective Yieldof Performing Eligible Loans: 2.91%B = Principal Receipts $30,507,136C = Cash Capital Contributions $0D = Trading Value of Substitute Assets $0E = Reserve Fund Balance $0F = Trading Value of Swap Collateral $0Present Value Adjusted Aggregate Asset Amount(Total: A + B + C + D + E + F) $2,734,751,800Valuation Calculation $2,734,751,8001.

  • Valuation Calculation Trading Value of Covered Bonds$1,034,740,112 A = LTV Adjusted Loan Present Value ¹$6,782,203,503Weighted Average Effective Yieldof Performing Eligible Loans: 2.85%B = Principal Receipts$46,667,651 C = Cash Capital Contributions$0 D = Trading Value of Substitute Assets$0 E = Reserve Fund Balance$0 F = Trading Value of Swap Collateral$0 Present Value Adjusted Aggregate Asset Amount (Total: A + B + C + D + E + F) $6,828,871,154 Valuation Calculation$5,794,131,042 1.

  • Valuation Calculation Trading Value of Covered Bonds A = LTV Adjusted Loan Present Value ¹$1,000,919,063 $2,592,774,061 Weighted Average Effective Yieldof Performing Eligible Loans: 3.07%B = Principal Receipts$27,241,426 C = Cash Capital Contributions$0 D = Trading Value of Substitute Assets$0 E = Reserve Fund Balance$0 F = Trading Value of Swap Collateral$0 Present Value Adjusted Aggregate Asset Amount (Total: A + B + C + D + E + F)$2,620,015,487 Valuation Calculation$1,619,096,424 1.

  • Valuation Calculation Trading Value of Covered Bonds A = LTV Adjusted Loan Present Value ¹$996,904,985 $2,632,523,379 Weighted Average Effective Yieldof Performing Eligible Loans: 3.07%B = Principal Receipts$29,733,118 C = Cash Capital Contributions$0 D = Trading Value of Substitute Assets$0 E = Reserve Fund Balance$0 F = Trading Value of Swap Collateral$0 Present Value Adjusted Aggregate Asset Amount (Total: A + B + C + D + E + F)$2,662,256,497 Valuation Calculation$1,665,351,513 1.

  • It has not been independently verified by the Company, the Boo k Running Lead Manager, the Co-Book Running Lead Manager or their respective legal advisors, and no representation is made as to the accuracy of this information, which may be inconsistent with information available or compiled from other sources.


More Definitions of Performing Eligible Loans

Performing Eligible Loans. = Eligible Loans less than three months in arrears Guarantor Agreement XxXxxxxx Xxxxxxxx LLP DOCS #9732336 v. 8 LEGAL_1:26274419.13 “Negative Carry Factor” =
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Performing Eligible Loans. = Eligible Loans less than three months in arrears Limited Partnership Agreement
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Related to Performing Eligible Loans

  • Eligible Loans has the meaning specified in any of the Purchase Agreements or the Sale Agreement, as applicable.

  • Eligible Loan means a Loan offered for sale or substituted by Seller under a Sale Agreement which as of the Statistical Cutoff Date, in the case of the Initial Loans, or as of the related Subsequent Cutoff Date, in the case of any Additional Loan or Substituted Loan, is current or not more past due than permitted under such Sale Agreement in payment of principal or interest and which meets the following criteria as of the Statistical Cutoff Date, in the case of the Initial Loans, or as of the effective date of the related Xxxx of Sale, in the case of any Additional Loan or Substituted Loan:

  • Non-MERS Eligible Mortgage Loan Any Mortgage Loan other than a MERS Eligible Mortgage Loan.

  • Ineligible Loan Each Loan other than an Eligible Loan.

  • Non-Performing First Lien Bank Loans means First Lien Bank Loans other than Performing First Lien Bank Loans.

  • MERS Eligible Mortgage Loan Any Mortgage Loan that has been designated by the Servicer as recordable in the name of MERS.

  • Non-Performing Second Lien Bank Loans means Second Lien Bank Loans other than Performing Second Lien Bank Loans.

  • Performing First Lien Bank Loans means First Lien Bank Loans which are Performing.

  • Non-Performing Loans means, with respect to any Bank Subsidiary at any time, the aggregate principal amount (including any capitalized interest) of all nonaccruing loans of such Bank Subsidiary plus the aggregate principal amount of all loans of such Bank Subsidiary that are ninety (90) days or more past due and still accruing minus the Guaranteed Loan Amount of such Bank Subsidiary, in each case at such time.

  • Performing Second Lien Bank Loans means Second Lien Bank Loans which are Performing.

  • Performing Equipment Note Person", "Pool Balance", "Rating Agencies", "Ratings Confirmation", "Regular Distribution Date", "Replacement Liquidity Facility", "Responsible Officer", "Scheduled Payment", "Special Payment", "S&P", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreement", "Trustee", "Underwriters", "Underwriting Agreement", "United States" and "Written Notice".

  • Fitch Eligible Assets means the assets of the Company set forth in the Fitch Guidelines as eligible for inclusion in calculating the Agency Discounted Value of the Company’s assets in connection with Fitch’s ratings then assigned on any series of the MRP Shares.

  • Non-Performing Equipment Note means an Equipment Note issued pursuant to an Indenture that is not a Performing Equipment Note.

  • Eligible Portfolio Investment means any Portfolio Investment held by any Obligor (and solely for purposes of determining the Borrowing Base, Cash (other than Cash Collateral) and Cash Equivalents held by any Obligor) that, in each case, meets all of the criteria set forth on Schedule 1.01(c) hereto; provided, that no Portfolio Investment, Cash or Cash Equivalent shall constitute an Eligible Portfolio Investment or be included in the Borrowing Base if the Collateral Agent does not at all times maintain a first priority, perfected Lien (subject to no other Liens other than Eligible Liens) on such Portfolio Investment, Cash or Cash Equivalent or if such Portfolio Investment, Cash or Cash Equivalent has not been or does not at all times continue to be Delivered (as defined in the Guarantee and Security Agreement). Without limiting the generality of the foregoing, it is understood and agreed that any Portfolio Investments that have been contributed or sold, purported to be contributed or sold or otherwise transferred to any Financing Subsidiary, Immaterial Subsidiary, CFC, Transparent Subsidiary or any other Person that is not a Subsidiary Guarantor, or held by any Financing Subsidiary, Immaterial Subsidiary, CFC, Transparent Subsidiary or any other Person that is not a Subsidiary Guarantor shall not be treated as Eligible Portfolio Investments until distributed, sold or otherwise transferred to any Obligor free and clear of all Liens (other than Eligible Liens). Notwithstanding the foregoing, nothing herein shall limit the provisions of Section 5.12(b)(i), which provide that, for purposes of this Agreement, all determinations of whether an Investment is to be included as an Eligible Portfolio Investment shall be determined on a Settlement-Date Basis, provided that no such Investment shall be included as an Eligible Portfolio Investment to the extent it has not been paid for in full.

  • Non-Performing High Yield Securities means High Yield Securities other than Performing High Yield Securities.

  • Eligible Unbilled Receivable means, at any time, any Unbilled Receivable if (a) the related Originator has recognized the related revenue on its financial books and records under GAAP, and (b) not more than thirty (30) days have expired since the date such Unbilled Receivable arose.

  • Eligible Vehicle means a Vehicle (which includes, for the avoidance of doubt, a Service Vehicle) in Spain, Germany, The Netherlands, Italy or France (as applicable):

  • Performing Mortgage Loan Any Mortgage Loan or Serviced Pari Passu Companion Loan that is not a Specially Serviced Mortgage Loan.

  • Purchased Mortgage Loans means the collective reference to Mortgage Loans sold by Seller to Buyer in a Transaction hereunder, listed on the related Mortgage Loan Schedule attached to the related Transaction Request, which such Mortgage Loans the Custodian has been instructed to hold pursuant to the Custodial Agreement.

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Eligible Substitute Mortgage Loan With respect to a Mortgage Loan substituted by the Transferor for a Deleted Mortgage Loan, a Mortgage Loan which must, on the date of such substitution, (i) have a Principal Balance, (or, in the case of a substitution of more than one mortgage loan for a Deleted Mortgage Loan, an aggregate Principal Balance), not in excess of, and not more than 10% less than the Principal Balance of the Deleted Mortgage Loan; (ii) be accruing interest at a rate no lower than and not more than 1% per annum higher than, that of the Deleted Mortgage Loan; (iii) have a Loan-to-Value Ratio no higher than that of the Deleted Mortgage Loan; (iv) have a remaining term to maturity no greater than (and not more than one year less than that of) the Deleted Mortgage Loan; (v) comply with each representation and warranty set forth in Section 2.03 hereof; (vi) be the same credit grade category as the Deleted Mortgage Loan; (vii) have the same prepayment penalty term; and (viii) not be a Cooperative Mortgage Loan unless the Deleted Mortgage Loan was a Cooperative Mortgage Loan.