Current Loan definition

Current Loan. A Mortgage Loan that is less than thirty (30) days past due as of the related Servicing Transfer Date.
Current Loan shall have the meaning set forth in Section 7.12.
Current Loan means a loan in respect of which the account of the loan with the lender has not been closed by the lender;

Examples of Current Loan in a sentence

  • IREDA would charge fee as 0.1% of the loan o/s including FITL (Current Loan Outstanding as on date of processing of the request to be considered) for issuance of NOC towards merger/ amalgamation etc.

  • Documentation must be actual, not estimated, and include the following elements for each loan:• Borrower Name, Loan ID #, Account # (may be different from Loan ID #)• Lending Institution Name, Address, PhoneThe contributions that you make to your practice and patient care, inclu• Current Loan Amount Still Unpaid (principle amount + interest and fees) RECRUITMENT applicants will be required to provide documentation at a later date (i.e., once the recruit has been identified).

  • Leverage is determined by comparing the Current Loan Amount to the Underlying Share price.

  • Macquarie may also nominate an early Maturity Date where it becomes impossible for Macquarie to hedge its exposure or where the Current Loan Amount is equal to zero.

  • The "relevant" Calculation Date in respect of any Calculation Period will be the first Calculation Date falling after the end of that period and the "relevant" Calculation Date in respect of any CBC Payment Date will be the last Calculation Date prior to that CBC Payment Date;CBC Covered Bond Company 2.B.V.CLTIMV Current Loan to Indexed Market Value means the ratio calculated by dividing the current outstanding loan amount by the Indexed Valuation.


More Definitions of Current Loan

Current Loan means any loan that is fully paid to date according to a contract.
Current Loan. A Loan that is listed on Schedule II. Cut-off Date: July 31, 2012, or such other date as may be agreed to in writing by Seller and Purchaser.
Current Loan has the meaning set forth in Section 1.11.
Current Loan means, as of any date, a Loan as to which all payments of principal and interest then due have been paid, except for the most recent payment then due of principal and interest.
Current Loan. A Loan that is less than 30 days delinquent as of the Cut-off Date and is indicated as such on the Loan Schedule.
Current Loan. A Loan that (i) is not more than 30 days delinquent as of the Cut-off Date, (ii) does not have a Maturity Date that is on or prior to the Closing Date, or (iii) is not a Loan that has been brought current after the Cut-off Date with the liquidation of collateral as of the Closing Date. Custodian: Xxxxx Day, 000 Xxxx 00xx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000-0000.
Current Loan means an Eligible Loan as to which any Monthly Payment is less than 30 days past due as of any date of determination.