Program Loan definition

Program Loan means a consumer finance loan with a

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Program Loan means any Program Receivable which is a loan, a retail installment sale contract or an installment loan contract.

Program Loan. A Mortgage Loan evidenced by a Note amended to reflect the participation of the Mortgagor thereunder in a loan program created by the Company to encourage timely mortgage loan payments from certain borrowers through the use of an automatic interest rate reduction mechanism.

Examples of Program Loan in a sentence

• The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m) of the Loan Regulations: the Borrower shall have failed to perform any of its obligations under the Program Loan Agreement.

• By entering into this Agreement and thereby accepting the award of Program Loan funds, the Sponsor agrees to comply with applicable statutory law, the Guidelines, the NOFA, and this Agreement, and to abide by the representations contained in the Application, and in the Project Report.

• Modifications to Multifamily Loan and Security Agreement (Paycheck Protection Program Loan) (6269).

• The terms of loans in a lien position senior to the Program Loan must comply with all the underwriting standards of UMR Sections 8310 and 8315.

• The MPF Provider shall be able to rely on the written direction of the MPF Bank delivered in accordance with the FHLB Guide to confirm to any Participant participating in Program Loans acquired by the MPF Bank that such Participant is vested in its Participation Share in each such Program Loan upon its acquisition by the MPF Bank, without the need for further documentation, upon the deposit of funds equal to the Participant’s Participation Share to the MPF Bank’s Clearing Account.

More Definitions of Program Loan

Program Loan means a commercial loan made by the Lender (or one of its Affiliates) to a third party that is included in a pool of loans formed by the Lender (or one of its Affiliates).

Program Loan means a loan made by the Corporation to a Community Based Lending Organization.

Program Loan means a loan made pursuant to a program of the department.¶

Program Loan means a mortgage loan made pursuant to the Act and this rule.

Program Loan means a loan granted to Borrower under the Program pursuant to this Loan Agreement.

Program Loan means a loan awarded by the Department to an

Program Loan means an extension of credit pursuant to a Program, made in accordance with the applicable Program Guidelines.