Terminated Loan definition

Terminated Loan means the Loan that is refinanced and written down to zero in connection with a Renewal in respect of such Loan.
Terminated Loan has the meaning given in each Interest Rate Swap.
Terminated Loan means each Eligible Mortgage Loan which is either (i) sold or Securitized or (ii) prepaid in full.

Examples of Terminated Loan in a sentence

  • The secured interests under the Terminated Loan Agreement were terminated in connection with the Company’s discharge of indebtedness.

  • The secured interests under the Terminated Loan Agreement were terminated in connection with the Company’s discharge of indebtedness.On November 23, 2016, the Company and certain of its domestic subsidiaries (together with the Company, the “Borrowers”) entered into a Loan and Security Agreement (the “Loan Agreement”) with Hercules Capital, Inc.

  • In connection with the repayment and discharge of indebtedness, the Company was required to pay pre- payment fees of approximately $49 thousand, as required by the terms of the Terminated Loan Agreement.

  • Terminated Loan Facility 2 agreement with effect from 31 October 2021 subsequent to the repayment of all accrued interest under Loan Facility 2 on 31 October 2021.

  • Rachel Shawkence attributed the outcome of the vote to actions of the Chief.


More Definitions of Terminated Loan

Terminated Loan means any Loan: (i) which is at any time in default for 245 days or longer from the first defaulted instalment and is cancelled or terminated early by the Seller; or (ii) that is cancelled or terminated early by the Seller, provided that such Loan has been in default on at least 2 instalments, and the Management Company had been informed thereof through the means of communication agreed by the parties.
Terminated Loan. Each Eligible Loan which is (i) sold or Securitized, (ii) prepaid in full or (iii) repurchased by the Seller.
Terminated Loan means any Mortgage Loan owned by the Issuer which is (i) sold by it to a Mortgage Loan Buyer (other than a sale, or a Mortgage Loan subject to sale, to the Seller or Servicer pursuant to Section 3.3, 6.2 or 7.1 of the Mortgage Loan Purchase and Servicing Agreement) or (ii) prepaid in full.
Terminated Loan has the meaning set forth in the Mortgage Loan Purchase and Servicing Agreement.
Terminated Loan. Xxxx Xligible Loan which is (1) sold or Securitized or (2) prepaid in full.
Terminated Loan has the meaning set forth in the section entitled “Interim Payment Dates.”
Terminated Loan. Each Mortgage Loan owned by the Purchaser which is wholly prepaid by the Mortgagor, or sold by the Purchaser to a Mortgage Loan Buyer (other than a repurchase or sale, or a Mortgage Loan subject to sale to or repurchase by, the Seller or the Servicer pursuant to Section3.3, 6.2 or 7.1 hereof).