Select Loan definition

Select Loan means a Loan for which, pursuant to an agreed designation by the Parties as contemplated by Schedule 35 to the Asset Sale Agreement, the related Asset is not offered for sale to PFL pursuant to Schedule 2 to the Asset Sale Agreement and is instead designated as a “Select Loan”; ” provided, that to the extent Bank elects not to sell any Select Loan Identified For Purchase (as defined in the Asset Sale Agreement), such Loan shall no longer be deemed to be a Select Loan for purposes of this Agreement and the Asset Sale Agreement.
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Related to Select Loan

  • Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $[AMOUNT], as evidenced by the Project Note.

  • Wet Loan means a Purchased Loan originated and owned by the Seller immediately prior to being purchased by the Buyers:

  • Market Loan means any loan or other indebtedness where an entity issues commercial paper, certificates, subordinated debentures, bonds or any other debt securities (including, for the avoidance of doubt, medium term note programmes and other market funding programmes), provided in each case that such instruments and securities are or can be subject to trade on Nasdaq Stockholm or any other regulated or unregulated recognised market place.

  • 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.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.