SBL Loans definition

SBL Loans means, as of any date, all then current and performing securities based loans made by Seller or its Affiliates to ▇▇▇▇▇▇ ▇▇▇▇▇▇ customers, which loans are secured by customer assets then held in custody at ▇▇▇▇▇▇ ▇▇▇▇▇▇.
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SBL Loans means, as of any date, all then current and performing securities based loans made by Seller or its Affiliates to Morgan Keegan customers, which loans are secured by customer assets then held in custody at Morgan Keegan.
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Examples of SBL Loans in a sentence

  • Subject to applicable Law, on a date to be agreed by Purchaser and Seller, and in any event no later than twelve (12) months after the Closing Date, Purchaser or an Affiliate of Purchaser shall purchase in a single transaction all SBL Loans from Seller or its Affiliate at their par value as of the date of transfer.

  • For the avoidance of doubt, the Seller and Purchaser are each free to solicit the Mortgagors and, with respect to F▇▇▇▇▇▇ Mac SBL Loans, any sponsors related to the Mortgage Loans for loan products to finance properties other than the Mortgaged Properties.

  • For the avoidance of doubt, the Seller and Purchaser are each free to solicit the Mortgagors and, with respect to ▇▇▇▇▇▇▇ Mac SBL Loans and Fannie Mortgage Loans, any sponsors related to the Mortgage Loans for loan products to finance properties other than the Mortgaged Properties.

  • With respect to any Transaction involving ▇▇▇▇▇▇▇ Mac SBL Loans, an amendment to the Custodial Agreement, addressing delivery of such ▇▇▇▇▇▇▇ Mac SBL Loans, in a form acceptable to Buyer, duly executed and delivered by the parties thereto and being in full force and effect, free of any modification, breach or waiver.

  • For the avoidance of doubt, the Seller and Purchaser are each free to solicit the Mortgagors and, with respect to F▇▇▇▇▇▇ Mac SBL Loans and Fannie Mortgage Loans, any sponsors related to the Mortgage Loans for loan products to finance properties other than the Mortgaged Properties.

Related to SBL Loans

  • ABL Loans means the “Loans” as defined in the ABL Credit Agreement.

  • 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.

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • U.S. Revolving Loans has the meaning specified therefor in Section 2.1(b).