Potential Curtailment Loans definition

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

  • 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.

  • The Insureds shall have the right in good faith to challenge and dispute Radian’s assertion of any Curtailment on Potential Curtailment Loans pursuant to the ADR Procedure.

  • Radian shall not be entitled to make a Curtailment of any Future Legacy Claims other than Potential Curtailment Loans.

  • Potential Curtailment Loans shall be subject to Curtailment only to the extent permitted under the terms of the applicable Master Policy.

  • Any claimed Curtailment on Potential Curtailment Loans shall be accompanied by an EOB that specifies the basis for such Curtailment.

Related to Potential Curtailment Loans

  • Refunded Swingline Loans as defined in Section 2.7(b).

  • Aggregate Loan Group Balance As to any Loan Group and as of any date of determination, will be equal to the aggregate of the Stated Principal Balances of the Mortgage Loans in that Loan Group, except as otherwise provided, as of the last day of the related Collection Period.

  • Group II Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group II Loans.

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

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

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

  • Refunded Swing Line Loans as defined in Section 2.3(b)(iv).

  • U.S. Revolving Loan means a Revolving Loan made to the U.S. Borrower by the U.S. Revolving Lenders.

  • Related Loan Group For Group 1, Loan Group 1; for Group 2, Loan Group 2; for Group 3, Loan Group 3; and for Group 4, Loan Group 4.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

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

  • Net Aggregate Prepayment Interest Shortfall With respect to any Distribution Date, the amount, if any, by which (a) the aggregate of all Prepayment Interest Shortfalls incurred in connection with the receipt of Principal Prepayments on the Mortgage Loans during the related Due Period, exceeds (b) the aggregate amount deposited by the Master Servicer in the Certificate Account for such Distribution Date pursuant to Section 3.19 in connection with such Prepayment Interest Shortfalls.

  • Loan Group 5 The Group 5 Mortgage Loans.

  • 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.

  • Loan Group Any of Loan Group 1 or Loan Group 2, as applicable.

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Base Rate Revolving Loan means a Revolving Loan that is a Base Rate Loan.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Refunded Swing Line Loan has the meaning ascribed to it in Section 1.1(c)(iii).

  • Overadvance Amount has the meaning specified therefor in Section 2.4(f).

  • Group I Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group I Loans.

  • Loan Group III The group of Mortgage Loans identified in the Mortgage Loan Schedule as having been assigned to Loan Group III.