Examples of Co-op Loan in a sentence

From June 2015 through April 2016, a total of approximately €4,448,736,523 was transferred from Oi Coop to Oi and Móvel pursuant to the Oi Coop Loan Agreements.
Under the proposed approach, municipalities will directly finance with Green Bonds and administer a Co-op Loan Account according to an approved Co-op Agreement.
Since Oi Coop’s formation, it has lent money to Oi and Móvel under four loan agreements (the “Oi Coop Loan Agreements”).
Co-op Lease: With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.
A payment was made to the China & Barbados Economic and Technical Co-op Loan on June 29, 2012 bringing the outstanding balance to zero.

More Definitions of Co-op Loan

Co-op Loan. A Mortgage Loan secured by the pledge of stock allocated to a dwelling unit in a residential cooperative housing corporation and a collateral assignment of the related Co-op Lease.: A private, cooperative housing corporation, having only one class of stock outstanding, which owns or leases land and all or part of a building or buildings, including apartments, spaces used for commercial purposes and common areas therein and whose board of directors authorizes the sale of stock and the issuance of a Co-op Lease.

Co-op Loan. No Pledge. With respect to each Co-op Loan, there is no prohibition against pledging the shares of the cooperative corporation or assigning the Proprietary Lease. With respect to each Co-op Loan, (i) the term of the related Proprietary Lease is longer than the term of the Co-op Loan, (ii) there is no provision in any Proprietary Lease which requires the Mortgagor to offer for sale the Co-op Shares owned by such Mortgagor first to the Co-op Corporation, (iii) there is no prohibition in any Proprietary Lease against pledging the Co-op Shares or assigning the Proprietary Lease and (iv) the Recognition Agreement is on a form of agreement published by Aztech Document Systems, Inc. as of the date hereof or includes provisions which are no less favorable to the lender than those contained in such agreement; and

Co-op Loan means a Contributed Mortgage Loan secured by the pledge of stock allocated to a dwelling unit in a residential Co-op Corporation and collateral assignment of the related Proprietary Lease.

Co-op Loan. Financing Statements. With respect to each Co-op Loan, a search for filings of financing statements has been made by a company competent to make the same, which company is acceptable to Xxxxxx Mae and qualified to do business in the jurisdiction where the Co-op Unit is located, and such search has not found anything which would materially and adversely affect the Co-op Loan; (ggg)

Co-op Loan means a loan secured by an assignment of a Co-Op Lease and a first lien and security interest in Co-Op Shares appurtenant to such Co-Op Lease and which is evidenced by a negotiable promissory note executed by each Person who is a lessee under such Co-Op Lease and owner of an interest in such Co-Op Shares and which conforms to such additional underwriting standards as may be in existence in the secondary market at such time as determined by FHLMC or FNMA, as applicable.