Underwater Loans definition

Underwater Loans. Any Home Equity Loan having a Coupon Rate as of the Startup Day that is less than 8.37375%.
Underwater Loans. ANY HOME EQUITY LOAN HAVING A COUPON RATE AS OF THE STARTUP DAY THAT IS LESS THAN ____%.]

Examples of Underwater Loans in a sentence

  • Scott Reckard, Richmond Plan to Seize Underwater Loans Faces Key Challenges, L.A. TIMES (Sept.

  • Some sample CLTV distribu- tions of underwater loans from zip codes in the chart above follow.26 Distributions of Combined Loan-to-Value Ratios of Underwater Loans by Zip Code: CA 93501 GA 30296 NV 89030 CLTVs of this magnitude are immensely harmful to communities.

Related to Underwater Loans

  • Refinanced Loans has the meaning specified in Section 10.01.

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Other Loans means one or more Classes of Loans that result from a Refinancing Amendment or a Loan Modification Agreement.

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Refinanced Term Loans shall have the meaning provided in Section 13.1.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Refinanced Debt has the meaning assigned to such term in the definition of “Credit Agreement Refinancing Indebtedness.”

  • Extended Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Refinancing Loans means any Refinancing Term Loans or Refinancing Revolving Loans.

  • New Revolving Loans as defined in Section 2.25.

  • Refinanced Indebtedness shall have the meaning provided in the definition of the term “Permitted Refinancing Indebtedness”.

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • 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.

  • Disposal facility means a facility or part of a facility at which hazardous waste is intentionally placed into or on any land or water, and at which waste will remain after closure. The term disposal facility does not include a corrective action management unit into which remediation wastes are placed.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • 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.

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • Existing Loan means the loan identified on Exhibit H.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Qualifying Loans has the meaning specified in Section 2.05(d)(iv).

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Borrowings means, at any time, the aggregate outstanding principal, capital or nominal amount (and any fixed or minimum premium payable on prepayment or redemption) of any indebtedness of members of the Group for or in respect of: