Transferred Loan definition

Transferred Loan means each Loan or portion of a Loan that is acquired or purported to be acquired by the Borrower under the Sale and Contribution Agreement.

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Transferred Loan means any moneys lent to the Corporation by the State, the liability to repay which vests in the appropriate successor company by virtue of subsection (2) of section one hundred and eight.

Transferred Loan means any moneys lent to the Corporation by the State, the liability to repay which vests in the successor company by virtue of subparagraph (3) of paragraph 2.

Examples of Transferred Loan in a sentence

On the related Transfer Date, Purchaser shall pay to Seller the Net Purchase Price for each Transferred Loan identified in the related Assignment and Conveyance Agreement.
Subject to the terms, provisions and conditions of this Purchase Commitment and the Purchase Agreement and with respect to each Transfer Date, Seller shall prepare and deliver to Purchaser the related Assignment and Conveyance Agreement that identifies each Transferred Loan for the Commitment Period being purchased and sold pursuant hereto on such Transfer Date.
As of each Transfer Date, to the extent the loss payee designation on any hazard insurance policy related to a Transferred Loan names the Servicer or Seller, such designation is held by the Servicer for the benefit of the Purchaser in accordance with Section 2.2(g) of the Purchase Agreement.
Servicer shall maintain with respect to each Transferred Loan and shall make available in a secured digital format for inspection by Purchaser or its designee the related Servicing File during the time Purchaser retains ownership of a Transferred Loan and thereafter in accordance with Applicable Laws.
All Collections received with respect to such Transferred Loan during such period shall continue to be remitted to the Purchaser in accordance with this Agreement and the Purchase Agreement.

More Definitions of Transferred Loan

Transferred Loan means each Loan listed in the Transferred Loan Tape which is Transferred to Purchaser on a Closing Date, and “Transferred Loans” refers to all such Loans.

Transferred Loan has the meaning assigned to such term in Sale and Contribution Agreement.

Transferred Loan means any Loan provided by the Transferor and attributable to the

Transferred Loan means each Existing Loan, Substituted Loan and Acquired Loan that is (a) acquired or purported to be acquired by the Borrower under the Master Transfer Agreement, (b) received by the Borrower as a contribution to equity in the Borrower or (c) otherwise acquired by the Borrower in accordance with Section 2.15. Any Transferred Loan that is (i) repurchased or reacquired by the Originator pursuant to the terms of Section 4 of the Master Transfer Agreement, (ii) purchased by the Servicer pursuant to the terms of Section 7.7 or (iii) otherwise released from the Lien of this Agreement pursuant to Section 6.3 shall not be treated as a Transferred Loan for purposes of this Agreement (provided, that the purchase or repurchase of any Defaulted Loan shall not alter such Transferred Loan’s status as a Defaulted Loan for purposes of calculating ratios for periods occurring prior to the purchase or repurchase of such Transferred Loan).

Transferred Loan is defined in Section 2.03.

Transferred Loan means any moneys lent to the Authority by the State, the liability to repay which vests in the Airports Company by virtue of section 84.

Transferred Loan means any moneys lent to the Authority by the State, the liability to repay which vests in