Individual Loans definition

Individual Loans means the respective loans made by each Lender pursuant to this Agreement.
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Individual Loans is defined in the recitals hereto.
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Individual Loans mean the loans to be advanced in accordance with each Loan Request Letter.
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Examples of Individual Loans in a sentence

  • Register / Float / Lock Individual Loans are Registered as:• Float Status (pricing and Rate Lock Expiration Date are not set)• Best Efforts Lock Status• Mandatory Lock Status (provided Seller is eligible to enter into Mandatory commitments with Arc Home) A Seller may register a loan into float status in order to obtain a loan number prior to submission for underwriting with Arc Home or an Approved Contract Underwriter.

  • The Lender may, upon request from the Borrower, in the Lender’s sole and absolute discretion upon the terms herein, make one or more Individual Loans to the Borrower from time to time during the period from the date of this Agreement up to and the Expiration Date.

  • Register / Float / Lock Individual Loans are Registered as: Float Status (pricing and Rate Lock Expiration Date are not set) Best Efforts Lock Status Mandatory Lock Status (provided Seller is eligible to enter into Mandatory commitments with Arc Home) A Seller may register a loan into float status in order to obtain a loan number prior to submission for underwriting with Arc Home or an Approved Contract Underwriter.

  • The Bank undertakes its portfolio monitoring separately for Group Loans (GL) and Individual Loans (IL) within the Microbanking segment.

  • Below is a table detailing the historic information for loan originated and serviced by Pine Financial Group, Inc that was not funded by either Pine Investments, LLC or PFG Fund II, LLC: Date of First Loan Funding Number of Loans Funded Total Amount of Loans Funded Total number of Defaults Total Amount of Defaults Individual Loans Pine Financial Group, Inc has charged the borrower origination fees on each loan it has originated.

  • Sanction of Individual Loans, Micro-Finance, Educational Loan in respect of following Districts and send recovery schedule and Form-B.

  • If any Borrower prepays the entire amount of its Individual Loan, then Borrowers must simultaneously prepay the entire amount of all of the Individual Loans.

  • Alvarado J., Galarza F., The Agrocapital Foundation of Bolivia: Pioneering Individual Loans in Rural Areas, “Promising Practices in Rural Finance: Experiences from Latin America and the Caribbean” (Ed. M.D. Wenner), IADB, Washington 2003.

  • The various Documents required for lending of Individual Loans are stipulated hereunder: • Two Joint Photographs (Client and Spouse) • Check List • Loan Application • Appraisal Sheet • Guarantor form • Notary • Demand Promissory Loan.

  • Since 2007 the company is into Micro Finance product like Joint Liability Groups loans and Individual Loans.


More Definitions of Individual Loans

Individual Loans has the meaning given to such term in Section 5.14 hereof.
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Individual Loans means the Tranche A Individual Loans, Tranche B Individual Loans, Tranche C Individual Loans and/or Tranche D Individual Loans.
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Individual Loans shall have the meaning set forth in Section 9.13 hereof.
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Individual Loans means the Loan Agreements (as defined in the Individual Loan Novation Deed), and “Individual Loan” means any one of them;
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Related to Individual Loans

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Group II Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group II Loans.

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

  • Additional Loans means any Additional Revolving Loans and any Additional Term Loans.

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

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Group III Mortgage Loans and "Group IV Mortgage Loans," respectively), formed by Wells Fargo Asset Securities Corporation (hereinafter called the "Depxxxxxr," which term includes any successor entity under the Agreement referred to below). The Trust Estate was created pursuant to a Pooling and Servicing Agreement dated as of February 27, 2006 (the "Agreement") among the Depositor, Wells Fargo Bank, N.A., as master servicer (the "Master Servicer") anx X.X. Bank National Association, as trustee (the "Trustee"), a summary of certain of the pertinent provisions of which is set forth hereinafter. To the extent not defined herein, the capitalized terms used herein have the meanings ascribed to such terms in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (the "Distribution Date"), commencing on the first Distribution Date specified above, to the Person in whose name this Certificate is registered at the close of business on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the Group I-A Distribution Amount for the Class I-A-11 Certificates required to be distributed to Holders of the Class I-A-11 Certificates on such Distribution Date, subject to adjustment in certain events as specified in the Agreement. Distributions in reduction of the Principal Balance of certain Classes of Class A Certificates may not commence on the first Distribution Date specified above. Distributions of principal will be allocated among the Classes of Group I-A Certificates in accordance with the provisions of the Agreement. The pass-through rate on the Class I-A-11 Certificates applicable to each Distribution Date will be 5.500% per annum. The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall, any Relief Act Shortfall and the interest portion of certain Realized Losses allocated to the Class I-A-11 Certificates, as described in the Agreement. Distributions on this Certificate will be made by the Paying Agent by check mailed to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register, unless such Person is entitled to receive payments by wire transfer in immediately available funds in accordance with the Agreement and such Person has notified the Paying Agent pursuant to the Agreement that such payments are to be made by wire transfer of immediately available funds. Notwithstanding the above, the final distribution in reduction of the Principal Balance of this Certificate will be made after due notice of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency of the Paying Agent specified for that purpose in the notice of final distribution. Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. This Certificate constitutes a "regular interest" in a "real estate mortgage investment conduit" as those terms are defined in Section 860G(a)(1) and Section 860D, respectively, of the Internal Revenue Code of 1986, as amended. Unless this Certificate has been countersigned by an authorized officer of the Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Group I Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group I Loans.

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

  • Group II Mortgage Loans The Mortgage Loans identified on the Mortgage Loan Schedule as Group II Mortgage Loans.

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

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Group 2 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 2 Mortgage Loans.

  • Cooperative Loans Any of the Mortgage Loans made in respect of a Cooperative Apartment, evidenced by a Mortgage Note and secured by (i) a Security Agreement, (ii) the related Cooperative Stock Certificate, (iii) an assignment of the Cooperative Lease, (iv) financing statements and (v) a stock power (or other similar instrument), and ancillary thereto, a recognition agreement between the Cooperative and the originator of the Cooperative Loan, each of which was transferred and assigned to the Trustee pursuant to Section 2.01 and are from time to time held as part of the Trust Fund.

  • Initial Loan is defined in Section 2.1.

  • Loan Group II The group of Mortgage Loans identified in the Mortgage Loan Schedule as having been assigned to Loan Group II.

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01.

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Loan Group III The group of Mortgage Loans identified in the Mortgage Loan Schedule as having been assigned to Loan Group III.

  • Group I Mortgage Loans The Mortgage Loans identified on the Mortgage Loan Schedule as Group I Mortgage Loans.

  • Group 1 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 1 Mortgage Loans.