Sold Loans definition
Examples of Sold Loans in a sentence
Section 4.19(e) of the Alliance Disclosure Schedule sets forth detail with respect to any exceptions hereto, including but not limited to the nature and extent of the liability, any limits (in time or dollar amount) on such liability, the basis of such liability, the instrument under which such potential liability arises, the nature and amount of Alliance Sold Loans resulting in such liability and the identity of the party to whom Alliance or Alliance Bank may have such liability.
The term "Sold Loans" means (a) any and all loans or extensions of credit of any nature made by any of the 1st Financial Companies which have been sold to any investor or other purchaser, and (b) any and all interests or participations in loans or extensions of credit of any nature made by any of the 1st Financial Companies which have been sold to any investor or other purchaser.
Section 3.14(d) of the Eagle Disclosure Schedule sets forth detail with respect to any exceptions hereto, including but not limited to the nature and extent of the liability, any limits (in time or dollar amount) on such liability, the basis of such liability, the instrument under which such potential liability arises, the nature and amount of Eagle Sold Loans resulting in such liability and the identity of the party to whom Eagle or Eagle Bank may have such liability.
With regard to all Assets that had been serviced by Servicer on behalf of Owner under the Prior Servicing Agreement immediately prior to the effective date of this Agreement other than the Sold Loans, such Assets shall, as of the effective date hereof, be serviced by Servicer pursuant to this Agreement.
The servicing and collection practices of Alliance and each Alliance Subsidiary with respect to Alliance Sold Loans materially complied with applicable laws, and was in material accordance with the terms and conditions of the agreements pursuant to which such Alliance Sold Loans were sold, whether such servicing was conducted by Alliance, a Alliance Subsidiary, their respective affiliates, a third party or a servicing agent of any of the foregoing.
Section 2.15(d) of the Company Disclosure Schedule sets forth detail with respect to any exceptions hereto, including but not limited to the nature and extent of the liability, any limits (in time or dollar amount) on such liability, the basis of such liability, the instrument under which such potential liability arises, the nature and amount of Company Sold Loans resulting in such liability and the identity of the party to whom the Company or the Bank may have such liability.
The servicing and collection practices of the Company and the Bank with respect to Company Sold Loans materially complied with applicable laws, and was in accordance with the terms and conditions of the agreements pursuant to which such Company Sold Loans were sold, whether such servicing was conducted by the Company, the Bank, their respective affiliates, a third party or a servicing agent of any of the foregoing.
In addition, notwithstanding anything contained herein to the contrary, the restrictions set forth in this Section 13(c) shall not apply to any Sold Loans, Kick-Out Loans, loans made by Seller to Affiliated Persons, Excluded Deposits, Excluded IRAs, or Excluded Liabilities (collectively, the “Excluded Items”) or to Seller’s ability, responsibility and obligation to service, collect, refinance, renegotiate, extend, sell, transfer, or otherwise deal with or manage such Excluded Items.
The servicing and collection practices of Fidelity and each Fidelity Subsidiary with respect to Sold Loans at all times complied with applicable laws, and was in accordance with the terms and conditions of the agreements pursuant to which such Sold Loans were sold, whether such servicing was conducted by Fidelity, a Fidelity Subsidiary, their respective affiliates, a third party or a servicing agent of any of the foregoing.
The servicing and collection practices of Colombo with respect to Colombo Sold Loans complied with applicable laws, and was in accordance with the terms and conditions of the agreements pursuant to which such Colombo Sold Loans were sold, whether such servicing was conducted by Colombo or a third party or a servicing agent.