Facility Loan Documentation Sample Clauses

Facility Loan Documentation. In connection with each Facility Loan, Borrower and Lender shall enter into a Facility Loan Agreement based on the form of Exhibit B attached hereto, together with any modifications thereto as agreed to by the parties after Administrative Agent’s review of the Credit Memorandum and information submitted by Borrower therewith, including the forms of Underlying Loan Documents (as the same may hereafter be amended, supplemented, restated, increased, extended or consolidated from time to time, each a “Facility Loan Agreement” and collectively, the “Facility Loan Agreements”) and the other Facility Loan Documents contemplated to be delivered in connection therewith. The Administrative Agent and the Lenders agree that each Collateral Assignment delivered to Administrative Agent in connection with a Facility Loan shall be executed in blank and Administrative Agent shall not record such Collateral Assignment until a Facility Loan Event of Default or Program Event of Default has occurred and is continuing.