PUL Loan definition

PUL Loan means each fixed or variable rate personal unsecured closed-end loan or open-end line of credit that (a) is specifically identified in the Cut-Off Date Data Tape or (b) (i) was charged-off by Sellers or identified by Sellers as paid-in-full as of the Calculation Time on the Cut-Off Date and for which Sellers perform a charge-off reversal or payment reversal prior to the Calculation Time on the Closing Date and (ii) is specifically identified on the Closing Date Data Tape.

Related to PUL 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.

  • ▇▇▇▇▇▇▇▇ Loan means a Subsidized ▇▇▇▇▇▇▇▇ Loan or an Unsubsidized ▇▇▇▇▇▇▇▇ Loan.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • PPP Loan means, with respect to any Target Company, the loan made to the Target Company by a bank pursuant to that certain promissory note under the U.S. Treasury’s Paycheck Protection Program (pursuant to the CARES Act).

  • 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.