UNDERPERFORMING LOANS definition

UNDERPERFORMING LOANS means the aggregate sum of (i) Non Accrual Loans, plus (ii) Loans that are past due ninety (90) days or more, as reported in the quarterly Call Reports of Bank Subsidiary.
UNDERPERFORMING LOANS means those loans which are ninety (90) days delinquent or more plus nonaccrual loans, renegotiated loans and in substance foreclosures and otherwise as such term is defined in accordance with current governing laws and regulations.

Related to UNDERPERFORMING LOANS

  • Non-Performing Loans means, with respect to any Bank Subsidiary at any time, the aggregate principal amount (including any capitalized interest) of all nonaccruing loans of such Bank Subsidiary plus the aggregate principal amount of all loans of such Bank Subsidiary that are ninety (90) days or more past due and still accruing minus the Guaranteed Loan Amount of such Bank Subsidiary, in each case at such time.

  • Performing DIP Loans means funded DIP Loans that (a) are not PIK Obligations and (b) are not Defaulted Obligations.

  • Outstanding Loan Balance means the principal amount of your full-time Direct Loans outstanding at any time, including any Canada Student Grant amount(s) converted to a Direct Loan, together with all interest on those amounts.

  • Existing Loans has the meaning specified in Section 2.19(a).

  • Overadvance Amount has the meaning specified therefor in Section 2.4(f).