Retained Loans definition

Retained Loans means loans, indebtedness or liabilities extended or advanced upon the security of a mortgage or hypothecary instrument securing an Eligible Loan(s) transferred or contributed to the guarantor entity which are not also being transferred or contributed to the guarantor entity.

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Retained Loans means all Loans other than the Transferred Loans, including but not limited to Residential Mortgage Loans and any commercial and industrial Loans.

Retained Loans means those loans set forth on Exhibit 1.1(f) -1 retained and not transferred by Seller hereunder.

Examples of Retained Loans in a sentence

It is expressly understood and agreed that, from and after the Closing Date, the Purchaser (i) shall have acquired pursuant to this Agreement all Loan Servicing Rights with respect to the Purchased Loans, including all Pipeline Loans included therein, and (ii) pursuant to the terms of the LSP Agreement and subject to Section 6.13, shall be appointed as the exclusive subservicer with respect to any Retained Loans, including any New SBA Loans originated by the Seller Parties after the Effective Date.
For any removal of Retained Loans up to thirty-five percent (35%) of the aggregate outstanding principal balance as of the Closing Date, the Seller Parties (or any Successor) shall provide the Purchaser with at least thirty (30) days’ prior (whether before or after the expiration of the Minimum Servicing Period) written notice.

More Definitions of Retained Loans

Retained Loans means, with respect to each Seller, each payday and other loan made by such Seller to any of its customers or otherwise acquired by such Seller which is outstanding as of the opening of business on the Closing Date and that had an original maturity date of July 31, 2003 or earlier.

Retained Loans as to either Borrower shall mean that portion of each Eligible Loan retained by such Borrower and not granted by such Borrower to any other Person as a participation in the principal amount and accrued interest of such Eligible Loan.

Retained Loans has the meaning assigned to such term in the Assignment and Amendment Agreement.

Retained Loans means the loans listed on Schedule 1A of the ▇▇▇▇▇▇▇ International Disclosure Schedule.

Retained Loans means all Manufactured Home Loans held by Seller or any of its Affiliates on the Closing Date, other than the Warehouse Loans, but including BAHS originated loans (which include all securitized loans which were originated by BAHS), BAHS acquired loans (which include all loans currently owned by BAHS but originated by another entity, including loans originated by an Affiliate of BAHS) and BAHS serviced loans (which include all loans currently serviced by BAHS on behalf of another entity). All of the foregoing loans are the subject of the Servicing Agreement or the Subservicing Agreement.

Retained Loans means the Owned Portfolio less the Sold Loans. “Section 338(h)(10) Allocation Schedule” shall have the meaning set forth in Section 7.05(f). “Section 338(h)(10) Election” shall have the meaning set forth in Section 7.05(e).

Retained Loans means the loans set forth under the heading "Retained Loans" on Schedule 1 hereto.