Participation Loans definition

Participation Loans means the Loans specified on Schedule 1.1(m) hereto.
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Participation Loans means certain of the loans owned by Seller that are not being sold to Buyer and are listed on Exhibit 7.26(E).
Sample 1
Participation Loans means the Loans specified on Schedule 1.1(m) hereto. “Permitted Exceptions” shall have the meaning specified in Section 8.10.
Sample 1

Examples of Participation Loans in a sentence

  • The participations created with respect to the Participation Loans and the sale to the Originator with respect to the Acquired Loans do not violate any provisions of the underlying Required Asset Documents and such documents do not contain any express or implied prohibitions on participations or sales of such Loans other than those that have been complied with.

  • With respect to Participation Loans, Acquired Loans and Assigned Loans, the Servicer shall: (i) segregate all Loan Files with respect to such Loans; (ii) keep separate records with respect to such Loans; and (iii) identify each such Type of Loan on the Servicing Reports required hereunder with respect to such Loans.

  • With respect to Participation Loans and Acquired Loans, the Servicer shall: (i) take all actions necessary, if any, under the related documents to recognize the consummation of the 2009 Restructuring while maintaining and preserving all rights and remedies of the parties under this Agreement; (ii) keep separate records with respect to such Loans; and (iii) identify each such Type of Loan on the Servicing Reports required hereunder with respect to such Loans.

  • With respect to Participation Loans and Assigned Loans, the Servicer shall: (i) segregate all Loan Files with respect to such Loans; (ii) keep separate records with respect to such Loans; and (iii) identify each such Type of Loan on the Servicing Reports required hereunder with respect to such Loans.

  • The participations created with respect to the Participation Loans and the sale to the Originator with respect to the Acquired and Assigned Loans do not violate any provisions of the underlying Required Asset Documents and such documents do not contain any express or implied prohibitions on participations or sales of such Loans.

  • The participations created with respect to the Participation Loans and the sale to the applicable Originator with respect to the Assigned Loans do not violate any provisions of the underlying Required Loan Documents and such documents do not contain any express or implied prohibitions on participations or sales of such Loans.

  • With respect to Participation Loans and Acquired Loans, the Servicer shall: (i) [intentionally omitted]; (ii) keep separate records with respect to such Loans; and (iii) identify each such Type of Loan on the Servicing Reports required hereunder with respect to such Loans.

  • The participations created with respect to the Participation Loans and the sale to the Originator with respect to the Acquired Loans and Assigned Loans do not violate any provisions of the underlying Required Asset Documents and such documents do not contain any express or implied prohibitions on participations or sales of such Loans.

  • Make advances, loans or extensions of credit to any Person, including particularly, but without limitation, to any Subsidiary or any other Affiliate, except (i) loans made to Mortgagor Customers of Eligible Mortgage Loans in the Ordinary Course of Business, (ii) Designated Mortgage Loans described on Schedule 7.3(a) and in effect on the Original Closing Date, and (iii) Designated Participation Loans described on Schedule 7.3(b) and in effect on the Original Closing Date.

  • Prior to the Closing Date, Seller will repurchase from its Affiliates the participation interests in the Participation Loans, and such Participation Loans will be included in the Purchased Assets.


More Definitions of Participation Loans

Participation Loans means the portion of the loans listed on Schedule 1.1(p) that are sold from Purchaser to Seller for the Loan Participation Amount.
Sample 1

Related to Participation Loans

  • Unfunded Advances/Participations means (a) with respect to the Administrative Agent, the aggregate amount, if any (i) made available to the Borrowers on the assumption that each Lender has made its portion of the applicable Borrowing available to the Administrative Agent as contemplated by Section 2.02(d) of the Credit Agreement and (ii) with respect to which a corresponding amount shall not in fact have been returned to the Administrative Agent by the Borrowers or made available to the Administrative Agent by any such Lender, (b) with respect to any Swingline Lender, the aggregate amount, if any, of participations in respect of any outstanding Swingline Loan that shall not have been funded by the Revolving Credit Lenders in accordance with Section 2.22(e) of the Credit Agreement and (c) with respect to any Issuing Bank, the aggregate amount, if any, of participations in respect of any outstanding L/C Disbursement that shall not have been funded by the Revolving Credit Lenders in accordance with Sections 2.23(d) and 2.02(f) of the Credit Agreement.

  • Participation Advance shall have the meaning set forth in Section 2.12(d).

  • Participation Interest means the Extension of Credit by a Lender by way of a purchase of a participation in Letters of Credit or LOC Obligations as provided in Section 2.2 or in any Loans as provided in Section 3.8.

  • Swingline Participation Amount as defined in Section 2.7(c).

  • Direct Loan Participation means a Loan in respect of which, pursuant to a participation agreement, the Issuer is capable of creating, or procuring the creation of, a contractual right in favour of a notional protection seller that provides such notional seller with recourse to the participation seller for a specified share in any payments due under the relevant Loan which are received by such participation seller, any such agreement to be entered into between (i) such notional seller and (ii) either (A) the Issuer (to the extent the Issuer was then a lender or a member of the relevant lending syndicate), or (B) a Qualifying Participation Seller (if any) (to the extent such Qualifying Participation Seller is then a lender or a member of the relevant lending syndicate);

  • Participation Interests shall have the meaning specified in subsection 2.09(a)(ii).

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

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.

  • Participation Date means the date the individual becomes a qualified participant in Tier 2 as determined under section 701a(1)(b).

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Participation Maximum shall have the meaning ascribed to such term in Section 4.12(a).

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • L/C Participation shall have the meaning provided in Section 3.3(a).

  • Revolving Advances means Advances made other than Letters of Credit.

  • Other Revolving Loans shall have the meaning assigned to such term in Section 2.21.

  • Refund anticipation loan means an extension of credit to a taxpayer that a person arranges to be repaid directly from the proceeds of the taxpayer's federal or state personal income tax refund.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

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

  • New Revolving Loans as defined in Section 2.25.

  • Swing Loans each is defined in Section 1.7 hereof.

  • Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).

  • Active participation means an ongoing process of good faith negotiation between the state licensing agency and the Indiana elected committee of licensed managers to achieve joint planning of:

  • Participation Percentages means the percentage of the total actual project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the percentage of the total actual project costs that will be contributed by the Recipient. Both of the percentages are identified in Appendix D. In the event that the total actual project costs exceed the estimated project costs identified in Appendix D, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.