Loan Principal Balance definition

Loan Principal Balance. As of the date of any determination, with respect to the Trust Loan, Companion Loans, Whole Loan or Foreclosed Property, the outstanding principal balance of such Trust Loan, Companion Loans or Whole Loan or, as determined in accordance with Section 3.12(g), such Foreclosed Property.
Loan Principal Balance means, at any date of determination, the outstanding principal balance of the Mortgage Loan.
Loan Principal Balance means as of any determination date with respect to (a) a Loan other than a Precompute Loan, the outstanding principal balance of such Loan and (b) a Loan that is a Precompute Loan, the calculated principal balance of such Precompute Loan, which is the result of (x) the remaining unpaid amount due in respect of such Precompute Loan minus (y) the unearned interest on such Precompute Loan calculated on an accrual basis, provided, that the Loan Principal Balance of any Loan a portion of which has been charged off in accordance with the Credit and Collection Policy shall be reduced by the portion so charged off.

Examples of Loan Principal Balance in a sentence

  • Date Originated (Mandatory - M); Original Loan/Investment Amount (M); Purpose (M); Interest – Rate, Fixed/Variable, Amortization Type; Equity-like Features; Term; Guarantee; Lien Position; Collateral – Type, Value at Origination; Forgivable Loan?; Principal Balance Outstanding; Loan Status (Active, Closed, etc.); Days Delinquent; Number of Times 60 Days or more Delinquent; Number of Times the Loan was Restruc- tured; Number of Times the Loan was Refinanced; Amount Charged Off; and Amount Recovered.

  • If any such property or the proceeds thereof shall be applied in reduction of the Mortgage Loan Principal Balance, then each Holder shall be entitled to receive its share of such application in accordance with the terms of this Agreement.

  • FICO* - Loan Principal Balance: - Number of Loans - *FICO scores determined at time of origination III.

  • The Agent shall be entitled to a fee (the “Agent Fee”) of 0.25% per annum (twenty-five basis points) on the Mortgage Loan Principal Balance immediately following the preceding Remittance Date, payable monthly out of monthly payments on the Mortgage Loan.

  • The Commission focused the enhancement on mass marketing specifically because it is a basic component of telemarketing fraudwhich, by virtue of the sheer volume of persons targeted, contributes greatly to the serious nature of telemarketing offenses.


More Definitions of Loan Principal Balance

Loan Principal Balance. As of the date of any determination, with respect to the Trust Loan, Senior Pari Passu Companion Loans, Mortgage Loan or Foreclosed Property, the outstanding principal balance of such Trust Loan (as determined in accordance with the terms of the Co-Lender Agreement), Senior Pari Passu Companion Loans (as determined in accordance with the terms of the Co-Lender Agreement) or Mortgage Loan or, as determined in accordance with Section 3.12(g), such Foreclosed Property.
Loan Principal Balance means as of any determination date with respect to (a) a Loan other than a Precompute Loan, the outstanding principal balance of such Loan and (b) a Loan that is a Precompute Loan, the calculated principal balance of such Precompute Loan, which is generally equal to the present value of the scheduled and unpaid payments in respect of such Precompute Loan discounted monthly at an annual rate equal to the coupon on such Precompute Loan. The Loan Principal Balance of any Loan a portion of which has been charged-off in accordance with the Credit and Collection Policy shall be reduced by the portion so charged-off.
Loan Principal Balance shall have the meaning given to such term in Section 2.3(b) hereof.
Loan Principal Balance means, with respect to a Loan, the outstanding principal balance of such Loan remaining to be paid by the related Obligor as of the date of determination, or, with respect to a REO Property, the principal
Loan Principal Balance means the loan which has been released by the Lender pursuant to this Agreement and has not yet been repaid by the Borrower.
Loan Principal Balance means, at any time, the aggregate amount of credit then funded by the Lender under the Notes as described in Section 2.01, as reduced by all repayments of principal on the Notes to the time of reference.
Loan Principal Balance. Transfer Tax: Realized Gain/Loss Amount: 0.00 Reconveyance Fees: Additional Proceeds Applied: Demand Fee: Prior Additional Proceeds: Total Holdbacks: 0.00 Loss Severity: #DIV/0! Other Fees (Including Fee Code B): Notes: UPB Accrued Interest to 0.00 XXX: Advanced Delinquent 0.00 Interest: Stopped Delinquent Interest: Deferred Interest: Additional Interest: Total Liquidation Expenses: 0.00 EXHIBIT R RELEVANT SERVICING CRITERIA The assessment of compliance to be delivered by the Master Servicer and the Trust Administrator shall address, at a minimum, the criteria identified as below as "Applicable Servicing Criteria" with respect to such party: Where there are multiple checks for criteria the attesting party will identify in their management assertion that they are attesting only to the portion of the distribution chain they are responsible for in the related transaction agreements. -------------------------------------------------------------------------------- Regulation Servicing Criteria Servicers Master Trust AB Reference Servicer Administrator -------------------------------------------------------------------------------- ----------------------------------------------------------------------------- General Servicing Considerations -----------------------------------------------------------------------------