Enrolled Loan definition

Enrolled Loan means an Eligible Loan approved by the Authority for enrollment in the Program pursuant to Section 10091.8.

Enrolled Loan means a Qualified Loan enrolled in the Program;

Enrolled Loan means an Eligible Loan enrolled by the State pursuant to the terms of Article IV of this Agreement.

Examples of Enrolled Loan in a sentence

• Any terminations under this Section shall be prospective only, and shall not apply to any loans previously enrolled under the Program, except that if a previously Enrolled Loan is refinanced, the amount covered under the Program shall not be increased beyond the covered amount as previously enrolled.

• In the event that an Enrolled Loan is refinanced in an amount which exceeds the amount of the loan as previously enrolled, and if the Lender wishes the amount of the refinanced loan to exceed the amount previously enrolled, the Lender shall file again the loan for enrollment pursuant to Section 4.2 with payments and transfers to be made into the Reserve Fund based on the amount to be covered which is in excess of the previous covered amount.

• If the outstanding balance of an Enrolled Loan that is not a line of credit is reduced to zero, that loan shall no longer be considered an Enrolled Loan.

• If the Lender charges off all or part of an Enrolled Loan, the Lender may file a Claim with the VSBFA by submitting a completed claim form in the form attached as Exhibit 5 bearing the execution signature of an authorized officer of the Lender.

• In the event of a change to the terms of an Enrolled Loan which has the effect of (a) extending the maturity date, in the case of a term loan or line of credit, beyond the maturity date thereof, or (b) changing the loan type from a term loan to a line of credit or vice versa, Lender shall within 90 days of the effective date of such change, deliver to the VSBFA a Notice of Material Change / Extended Enrollment.

More Definitions of Enrolled Loan

Enrolled Loan means a loan enrolled by the commissioner under the terms of section 116J.8764.

Enrolled Loan means a Loan enrolled in the Program by the MSF pursuant to this Agreement.

Enrolled Loan means an End Loan which is permitted under the Credit Facilities, the applicable Credit Facility Documents, complies the SSBCI-MLGP and this Agreement, including the Lender Assurances set forth in Exhibit B, the Borrower Acknowledgment and Borrower Assurances set forth in Exhibit C-1, and the additional required terms set forth on the additional applicable Exhibits and schedules made a part of the foregoing, and is approved in writing by the Project Manager as an Enrolled Loan.

Enrolled Loan means a loan enrolled by the Center under the terms of Section 4 of this Agreement. The amount of an enrolled loan may be less than, but not to exceed the total amount of the loan.

Enrolled Loan means a loan enrolled in the Program pursuant to the terms of Article IV

Enrolled Loan means a loan enrolled in the Navajo SSBCI Loan Programs pursuant to the terms of Article IV.

Enrolled Loan means a Qualified Loan accepted by the Department for enrollment in the Program.¶ (11) "Fund" means funds appropriated to the Department for making Program awards to eligible lenders.¶