Common use of Eligible Loan Clause in Contracts

Eligible Loan. Such Loan satisfies the criteria for the definition of Eligible Loan as of the date of its conveyance hereunder; provided that this representation and warranty is made to the Originator’s actual knowledge with respect to clause (y) and clauses (vi), (vii), (x) and (xiv) of clause (hh) of the definition of Eligible Loan; provided further that this representation and warranty is made to the Originator’s actual knowledge as it relates to the origination and servicing practices of the servicers primarily responsible for servicing Third Party Agented Loans with respect to clauses (g), (h), (z), (cc) and clauses (ii), (v), (vi), (vii) and (xx) of clause (hh) of the definition of Eligible Loan.

Appears in 2 contracts

Sources: Commercial Loan Sale Agreement (NewStar Financial, Inc.), Commercial Loan Sale Agreement (NewStar Financial, Inc.)

Eligible Loan. Such Loan satisfies the criteria for the definition of Eligible Loan as of the date of its conveyance hereunder; provided that this representation and warranty is made to the best of the Originator’s actual knowledge with respect to clause (yaa) and clauses (vi), (vii), (x) and (xiv) of clause (hhjj) of the definition of Eligible Loan; provided further Loan and, provided, further, that this representation and warranty is made to the best of the Originator’s actual knowledge as it relates related to the origination and servicing practices of the servicers primarily responsible for servicing Third Party Agented Servicers of Third Party Serviced Loans with respect to clauses (g)clauses, (h), (zi), (ccv), (bb), (ee) and clauses (ii), (v), (vi), ) (vii) and (xx) of clause (hhjj) of the definition of Eligible Loan.

Appears in 1 contract

Sources: Commercial Loan Sale Agreement (NewStar Financial, Inc.)