Agency Transfer. WHOLE LOAN TRANSFER; PASS-THROUGH TRANSFER
Agency Transfer. An exchange of the Mortgage Loans for agency securities. Agreement: This Mortgage Loan Sale and Servicing Agreement including all exhibits, schedules, amendments and supplements hereto. ALTA: The American Land Title Association.
Agency Transfer. PASS-THROUGH TRANSFER --------------------------------------
Agency Transfer. Pursuant to and in accordance with Section 9.06 of the Credit Agreement, each Loan Party and each Lender signatory to this First Amendment hereby:
Agency Transfer. (a) Subject to the occurrence of the Effective Date (as defined in Section 5 below), and immediately before the effectiveness of Section 1 above, the parties hereto hereby consent to the resignation by BNP Paribas as Administrative Agent pursuant to Section 10.09 of the Credit Agreement and in connection with such resignation, waive the thirty (30) day notice period set forth in Section 10.09 of the Credit Agreement, and the Lenders hereby appoint ABN AMRO Capital USA LLC as the successor Administrative Agent pursuant to Section 10.09 of the Credit Agreement.
Agency Transfer. Citicorp North America, Inc. hereby resigns as Administrative Agent under the Credit Agreement and the other Loan Documents, effective as of the Amendment No. 5 Effective Date, pursuant to Section 10.10 of the Credit Agreement. Pursuant to Section 10.10 of the Credit Agreement, the Required Lenders hereby accept such resignation and appoint Citibank, N.A. as successor Administrative Agent under the Credit Agreement and the other Loan Documents, and the Borrower Representative hereby approves such appointment and Citibank, N.A. hereby accepts such appointment as successor Administrative Agent. The parties hereto hereby waive any requirement of prior notice of such resignation, including, without limitation pursuant to Section 10.10 of the Credit Agreement. Citicorp North America, Inc. and Citibank, N.A. are hereby authorized by the Lenders to enter into any amendments to any Loan Document or other documentation or assignments and to take such actions (including making filings) desirable to effect such resignation and appointment. The parties hereto agree that Citibank, N.A. shall succeed to and become vested with all the rights, powers and duties of the Administrative Agent under the Credit Agreement and the other Loan Documents, and the term “Administrative Agent” shall mean Citibank, N.A. Citicorp North America Inc.’s rights, powers and duties as Administrative Agent shall be terminated, without any other or further act or deed on the part of Citicorp North America, Inc. or any parties to the Credit Agreement.
Agency Transfer. Pursuant to the Agency Transfer, Xxxxx Fargo Bank, National Association resigned as Administrative Agent under the Original Credit Agreement. The Lenders party hereto (constituting the Required Lenders under, and as defined in the Original Credit Agreement as in effect immediately prior to the effectiveness of this Agreement) and the Parent Borrower hereby authorize Bank of America, N.A. to enter into the Agency Transfer and appoint Bank of America, N.A. as the Administrative Agent pursuant to Section 13.6(a), and Bank of America, N.A. hereby accepts such appointment and shall act as Administrative Agent as of the Restatement Date.
Agency Transfer. On or prior to the Restatement Date, the Agency Transfer shall have become effective. Without limiting the generality of the provisions of the last paragraph of Section 13.3, for purposes of determining compliance with the conditions specified in this Section 6.2, the Administrative Agent and each Lender that has signed this Agreement shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received notice from such Lender prior to the proposed Restatement Date specifying its objection thereto.
Agency Transfer. Pursuant to the Agency Transfer, Credit Suisse AG, Cayman Islands Branch resigned as Administrative Agent and Collateral Agent under and as defined in the Original Credit Agreement. The Lenders party hereto (constituting the Required Lenders) and the Borrower hereby accepts the resignation of Credit Suisse AG, Cayman Islands Branch, as Administrative Agent and Collateral Agent under and as defined in the Original Credit Agreement and waive any notice requirements in connection therewith and authorize JPMorgan Chase Bank, N.A. to enter into the Agency Transfer and appoint JPMorgan Chase Bank, N.A. as the Administrative Agent and Collateral Agent pursuant to Section 10.9, and JPMorgan Chase Bank, N.A. hereby accepts such appointment and shall act as Administrative Agent and Collateral Agent as of the Closing Date.
Agency Transfer. (a) Each of the Borrower and the Lenders party hereto hereby (i) waives (x) all notice requirements set forth under Section 9.9 of the Amended Credit Agreement and (y) the requirement set forth in Section 9.9 of the Amended Credit Agreement that the Successor Agent be a bank that has an office in New York, New York with a combined capital and surplus of at least $500,000,000, (ii) authorizes and directs the Resigning Agent, the Successor Agent and the Loan Parties to enter into an agency transfer agreement (the “Agency Transfer Agreement”) and any other agreements or documents to be entered into or any actions to be taken in connection therewith, in each case, in form and substance reasonably satisfactory to the Resigning Agent and the Successor Agent and (iii) authorizes and directs the Resigning Agent to deliver notices of rescission in order to relinquish exclusive control under the deposit account control agreements and, absent any Successor Agent direction to the contrary pursuant to the Agency Transfer Agreement, otherwise comply with any Loan Party instructions with respect to any deposit account control agreement. Each of the Borrower and the Lenders party hereto hereby further agrees that the resignation of Citi as the Resigning Agent under the Existing Credit Agreement, the other Loan Documents and the Agreement Among Lenders and the appointment of MidCap as the Successor Agent under the Amended Credit Agreement, the other Loan Documents and the Agreement Among Lenders shall become effective at the time the Agency Transfer Agreement is executed and delivered by each party thereto (such time, the “Agency Transfer Time”).
