Whole Loan Sale definition

Whole Loan Sale. A Disposition of Loans pursuant to a whole-loan sale.
Whole Loan Sale means a sale of all or a part of the Receivables to an unaffiliated third-party purchaser in exchange for not less than fair market value (as determined by the Company in its reasonable discretion), it being agreed that any such sale may be sold to any Affiliate of the Company on an arm’s length basis and in exchange for not less than fair market value before being immediately sold to such third-party purchaser.

Examples of Whole Loan Sale in a sentence

  • Paid In Full (PIF) Whole Loan Sale Pre-Foreclosure Sale Foreclosure Sale Sale of Foreclosed REO Sale of Deed-in-Lieu REO Charge Off/Repurchase Table 2 Active Loans FHA Case Number Status Performance Category:* (Non-Performing, Re-Performing, In Foreclosure) Modified (Y/N) Types of Modification(s)** (Principal Write Down, Forbearance, Interest Rate Reduction, P&I Adjustment, etc.) UPB * Applicable to loans in Active Servicing only.

  • None of the Initial Noteholder, any Noteholders or any of their Affiliates shall be liable for any acts or actions affected in connection with a Disposition including without limitation, any Securitization pursuant to Section 3.06 nor any Whole Loan Sale pursuant to Section 3.06 hereof.

  • If the pledged pool contains purchased PPP loans, the borrower must also provide the SBA Acknowledgment of PPP Whole Loan Sale letter and the accompanying loan list identifying each of the purchased PPP loans by SBA loan number.SBA PPP Loans must be pooled by maturity date.

  • Disposition: A Securitization, Whole Loan Sale transaction, or other disposition of Loans.

  • None of the Initial Noteholder, the Majority Noteholders or any of their Affiliates shall be liable for any acts or actions affected in connection with a disposition of Loans, including without limitation, any Securitization pursuant to Section 3.06, any Servicer Put or Servicer Call pursuant to Section 3.08 hereof nor any Whole Loan Sale pursuant to Section 3.10 hereof.


More Definitions of Whole Loan Sale

Whole Loan Sale means a loan by National Rural to an Eligible Member evidenced by a note payable to the order of National Rural, the outstanding principal amount of which has been sold by National Rural or any affiliate to Xxxxxx Mac, any affiliate of Xxxxxx Mac, or any trust whose beneficial ownership is owned or controlled by Xxxxxx Mac or an affiliate or that issues pass-through securities guaranteed by Xxxxxx Mac.
Whole Loan Sale. A sale of Loans as whole loans. WILMINGTON TRUST COMPANY: Wilmington Trust Company, a Delaware banking corporation. WIRE INSTRUCTIONS: Instructions, originated by the Loan Originator, substantially in the form of Attachment A to the Escrow Instructions, attached hereto as Exhibit F.
Whole Loan Sale shall have the meaning set forth in Section 7.2.
Whole Loan Sale. Any sale or other transfer of Mortgage Loans from the Corporation to an investor not involving a Securitization.
Whole Loan Sale means a sale of Receivables on a "whole loan" basis to any Person (whether a financial institution or other purchaser).
Whole Loan Sale means a disposition of Receivables pursuant to a --------------- whole-loan sale.
Whole Loan Sale means the sale of one or more Purchased Loans by Seller to an unaffiliated third party in a single transaction, or to the same unaffiliated party in any calendar month. “Write-Down and Conversion Powers” shall mean (a) with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule, and (b) with respect to the United Kingdom, any powers of the applicable Resolution Authority under the Bail-In Legislation to cancel, reduce, modify or change the form of a liability of any UK Financial Institution or any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations of that person or any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or to suspend any obligation in respect of that liability or any of the powers under that Bail-In Legislation that are related to or ancillary to any of those powers.