SBC Loans definition

SBC Loans means small-balance commercial loans.
SBC Loans means small business loans, including SBA Loans.
SBC Loans means small-balance commercial loans. ANNEX II EXHIBIT F Surviving Partnership Agreement EXHIBIT F AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF XXXXXXXXXX PARTNERS, L.P. a Delaware limited partnership TABLE OF CONTENTS Page ARTICLE I DEFINED TERMS 1 ARTICLE II ORGANIZATIONAL MATTERS 16 Section 2.01. Organization 16 Section 2.02. Name 16 Section 2.03. Registered Office and Agent; Principal Office 16 Section 2.04. Power of Attorney 16 Section 2.05. Term 18 Section 2.06. Partnership Interests as Securities 59 ARTICLE III PURPOSE 18 Section 3.01. Purpose and Business 18 Section 3.02. Powers 18 Section 3.03. Partnership Only for Partnership Purposes Specified 19 Section 3.04. Representations and Warranties by the Parties 19 ARTICLE IV CAPITAL CONTRIBUTIONS 20 Section 4.01. Capital Contributions of the Partners 20 Section 4.02. Issuances of Additional Partnership Interests 21 Section 4.03. Additional Funds and Capital Contributions 22 Section 4.04. Equity Incentive Plan 24 Section 4.05. Initial Issuance of Class A Special Unit 24 Section 4.06. No Interest; No Return 24 Section 4.07. Other Contribution Provisions 25 Section 4.08. Not Publicly Traded 25 Section 4.09. No Third Party Beneficiary 25 ARTICLE V DISTRIBUTIONS 25 Section 5.01. Requirement and Characterization of Distributions 25 Section 5.02. Class A Special Unit Distributions 26 Section 5.03. Interests in Property Not Held Through the Partnership 27 Section 5.04. Distributions In-Kind 27 Section 5.05. Amounts Withheld 27 Section 5.06. Distributions Upon Liquidation 27 Section 5.07. Distributions to Reflect Issuance of Additional Partnership Units 27 Section 5.08. Restricted Distributions 28 ARTICLE VI ALLOCATIONS 28

Examples of SBC Loans in a sentence

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  • Each Borrower shall, to the extent practicable, maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing the SBC Loans in the event of the destruction of the originals thereof), and keep and maintain or obtain, as and when required, all documents, books, records and other information reasonably necessary or advisable for the collection of all SBC Loans.

  • Each Borrower also shall make available to the Lender a knowledgeable financial or accounting officer for the purpose of answering questions respecting the SBC Loan Files and the SBC Loans.

  • Each Borrower covenants to cause each Servicer of the SBC Loans to service, the SBC Loans in conformity with accepted and prudent servicing practices in the industry for the same type of SBC Loans as the Pledged Assets and in a manner at least equal in quality to the servicing the Borrowers provides for SBC Loans which it owns, including without limitation, those requirements set forth in the applicable Servicing Agreements.

  • The SBC Loans and Participation Interests were acquired by a Borrower, and the origination and collection practices used with respect to the SBC Loans and Participation Interests have been, in all material respects legal, proper, prudent and customary in the commercial and multifamily SBC Loan servicing business.

  • Each of the SBC Loans and Participation Interests, as applicable, complies with the representations and warranties listed in Schedule 1-A or Schedule 1-B hereto.

  • Projected income from interest on balances invested in the Council’s Loan Fund is projected to be £100 less than the budget since currently the capital advanced to SBC Loans Fund is only earning half of the interest rate used to set the budget.

  • The Lender may underwrite such SBC Loans itself or engage a mutually agreed upon third party underwriter to perform such underwriting.

  • Servicer shall follow the instructions of the Lender with respect to the SBC Loans, and shall deliver to the Lender any information with respect to the SBC Loans reasonably requested by the Lender.

  • Upon receipt of such notice, the Borrowers and the Servicers shall cooperate in transferring the applicable servicing of the SBC Loans to a successor servicer appointed by the Lender in its sole discretion.


More Definitions of SBC Loans

SBC Loans means small-balance commercial loans. SIDE LETTER This SIDE LETTER (this “Agreement”), dated as of April 6, 2016, is made and entered into by and between ZXXX FINANCIAL CORP., a Maryland corporation (the “Company”) and WATERFALL ASSET MANAGEMENT, LLC, a Delaware limited liability company (the “Manager”). Capitalized terms used herein but not defined shall have the meanings ascribed to them in the Management Agreement (defined below).
SBC Loans means (i) small business loans, including SBA 504 Loans or (ii) conventional small business or small balance loans secured by a first lien in commercial real estate.

Related to SBC Loans

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

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

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • 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.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Bridge Loans means the Loans (as defined in the Bridge Credit Agreement).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time.

  • Swing Loans each is defined in Section 1.7 hereof.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • U.S. Loans means, individually and collectively as the context may require, the U.S. Revolving Loans, the Swingline Loans and the U.S. Protective Advances.

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

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

  • Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Term Loans means the term loans made by the Term Lenders to the Borrower pursuant to Section 2.01(b).

  • Fixed Rate Loans means CD Loans or Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.