Loan Sale definition

Loan Sale means a sale, disposition, assignment or other transfer of a Loan Asset or any interest therein, including but not limited to the sale, participation, or other disposition of a Loan Asset, including through a substantial or total reduction in any proceeds from the sale relative to the face amount, present value, or required contractual payments under any Loan Asset.
Loan Sale means the sale of Loans of the Failed Bank by Seller as described in the Bid Package.
Loan Sale means the sale, disposition or assignment by Company or any of its Subsidiaries, directly or indirectly through a Loan Sale Affiliate, of notes evidencing obligations to repay secured or unsecured loans initially owned by Company or any such Subsidiary.

Examples of Loan Sale in a sentence

  • Paid In Full (PIF) Whole Loan Sale Pre-Foreclosure Sale Foreclosure Sale Sale of Foreclosed REO Sale of Deed-in-Lieu REO Charge Off/Repurchase Table 2 Active Loans FHA Case Number Status Performance Category:* (Non-Performing, Re-Performing, In Foreclosure) Modified (Y/N) Types of Modification(s)** (Principal Write Down, Forbearance, Interest Rate Reduction, P&I Adjustment, etc.) UPB * Applicable to loans in Active Servicing only.

  • Unless otherwise defined herein or unless the context requires otherwise, capitalized terms shall have the same meanings herein as in the Hypothecary Loan Sale Agreement.

  • The Origination Hypothecary Loan Sale Agreements may be governed by and construed in accordance with the laws of the Province of Ontario or the laws of the Province of Québec and the federal laws of Canada applicable therein.

  • The Trust Deed, Agency Agreement, the Covered Bonds and Receipts, Coupons and Talons related thereto and the other Transaction Documents, except for the Origination Hypothecary Loan Sale Agreements, the Subservicing Agreement and certain Security Agreements, are governed by and shall be construed in accordance with the laws of the Province of Ontario and the federal laws of Canada applicable therein.

  • Each of the Seller and the Department hereby acknowledges and agrees to all terms and provisions of the Master Loan Sale Agreement which relate to the selling of Loans which are incorporated herein in their entirety as if such had been set forth herein in their entirety, as the same may be supplemented or amended from time to time.


More Definitions of Loan Sale

Loan Sale shall have the meaning set forth in Section 15.7.
Loan Sale is defined in Section 11.5.
Loan Sale shall have the meaning set forth in Section 5(b)(iii).
Loan Sale. (or "loan disposal") means the economic transfer of a loan or pool of loans by the reporting agent to a non-MFI transferee, achieved either by transfer of ownership or by sub-participation.
Loan Sale has the meaning set forth in Section 2.16(a)(x).
Loan Sale means the acquisition of the Credit Documents, and the obligations evidenced thereby, by Mellon HBV SPV LLC pursuant to the Assignment and Assumption Agreements, dated on or about March 3, 2005, between Mellon HBV SPV LLC and each of Calyon, Smoky River CDO, L.P., Indosuez Capital Funding IIA, Ltd. and ML CLO XV Pilgrim America (Cayman), Ltd.
Loan Sale. A Disposition of Loans pursuant to a whole-loan sale.