Required Retained Loan Allocation Methodology definition
Required Retained Loan Allocation Methodology is defined on Exhibit E.
Required Retained Loan Allocation Methodology means every [***].
Required Retained Loan Allocation Methodology means every [TEXT REDACTED].
Examples of Required Retained Loan Allocation Methodology in a sentence
Loans that are Eligible Required Retention Loans shall be allocated to Bank in accordance with the Required Retained Loan Allocation Methodology at the time the Borrower under any such Loan achieves credit approval.
From and after the Retention Effective Date, if it occurs, Loans that are Eligible Required Retention Loans shall be allocated to Bank in accordance with the Required Retained Loan Allocation Methodology at the time the Borrower under any such Loan achieves credit approval (each Loan so allocated, a “Required Retained Loan”).
More Definitions of Required Retained Loan Allocation Methodology
Required Retained Loan Allocation Methodology means every “nth” loan of the Required Retained Loan approved tenors that are credit approved by Bank under the Program shall be allocated for retention by the Bank as a Required Retained Loan. For purposes of this methodology, “nth” shall be defined by the number of projected buyers of such tenors of Loans credit approved in a given calendar month pursuant to a Loan Sale Agreement or other participation agreement plus one (1). The number of buyers projected shall be determined in the sole discretion of Sunlight in accordance with Sunlight’s standard allocation procedures for directing the sales of Loans.