Collateral Addition Designation Notice. RFC hereby notifies the Lender Agent and the Omnibus Agent that additional US Mortgage Loans are being added to the Security Agreement and the Omnibus Agreement, as described in the Mortgage Schedule dated June 12, 2009 delivered by RFC to the Lender Agent and the Omnibus Agent. RFC hereby requests that the Lender Agent and the Omnibus Agent consent to the addition of such US Mortgage Loans. RFC hereby represents and warrants to the Lender Agent and the Omnibus Agent that the US Mortgage Loans described in such Mortgage Schedule (the “Loans”) that are being added are Eligible Assets, all conditions precedent to the Loans constituting Approved Additional Collateral have been satisfied and that the addition of the Loans otherwise complies with the terms of the Facility Documents. At the request of RFC, the Lender Agent hereby waives the Specified Days prior written notice requirement of the foregoing Approved Additional Collateral set forth in Section 7.01(w) of the Loan Agreement. This Agreement shall constitute a Collateral Addition Designation Notice with respect to those Loans and the foregoing shall, to the extent the foregoing constituting Eligible Assets, constitute Approved Additional Collateral as of the Amendment Effective Date. The Loans are hereby designated as Group C Loans.
Collateral Addition Designation Notice. This Agreement shall constitute a Collateral Addition Designation Notice with respect to the Xxxxxxx Advance Collateral.
Collateral Addition Designation Notice. This Agreement shall constitute a Collateral Addition Designation Notice (as defined in the Loan Agreement) with respect to the GX II Security Documents and the foregoing shall, to the extent the foregoing constitute Eligible Assets (as defined in the Loan Agreement), constitute Approved Additional Collateral (as defined in the Loan Agreement) as of the Amendment Effective Date.
Collateral Addition Designation Notice. This Agreement shall constitute a Collateral Addition Designation Notice with respect to the equity interest in Equity Investment I and those US Mortgage Loans set forth on the Mortgage Schedule delivered by the Obligors to the Lender Agent and the Omnibus Agent on May 19, 2009 and the foregoing shall, to the extent the foregoing constituting Eligible Assets, constitute Approved Additional Collateral as of the Amendment Effective Date.
Collateral Addition Designation Notice. This Agreement shall constitute a Collateral Addition Designation Notice (as defined in the Loan Agreement) with respect to the GX II Security Documents and the foregoing shall, to the extent the foregoing constitute Eligible Assets (as defined in the Loan Agreement), constitute Approved Additional Collateral (as defined in the Loan Agreement) as of the Amendment Effective Date. At the request of the Borrowers, the Lender Agent hereby waives the Specified Days (as defined in the Loan Agreement) prior written notice requirement of the foregoing Approved Additional Collateral (as defined in the Loan Agreement)set forth in Section 7.01(w) of the Loan Agreement. With respect to Supporting Assets (as defined in the Loan Agreement) for the GX II Notes, the initial Specified Percentage (as defined in the Loan Agreement) shall be (i) 60% for the Securities (as defined in the Master Definitions Agreement dated as of June 5, 2009, as amended from time to time) and (ii) 30% for the Spanish Participations (as defined in the Master Definitions Agreement dated as of June 5, 2009, as amended from time to time).
