Definition of Potential Curtailment Loans


Potential Curtailment Loans means those Future Legacy Loans which are less than 90 days past due as of the Pre-Closing Cut-off Date, or, in the case of loans as to which the servicing has been transferred, less than 90 days past due as of the transfer date, including but not limited to those loans identified on Schedule 8 of the Letter Agreement.
Sample 1

Examples of Potential Curtailment Loans in a sentence

Potential Curtailment Loans shall be subject to Curtailment only to the extent curtailments are permitted under the terms of the applicable Master Policy.
Potential Curtailment Loans shall be subject to Curtailment only to the extent permitted under the terms of the applicable Master Policy.
Radian shall not be entitled to make a Curtailment of any Future Legacy Claims other than Potential Curtailment Loans.
The Parties reserve all rights and defenses available under the applicable Master Policies and applicable law, subject to Section 10, with respect to any Curtailment on Potential Curtailment Loans.
Sections 10(g)(ii) and (iii) shall apply to Claims on Potential Curtailment Loans.