NEW LOANS Sample Clauses
NEW LOANS. 7.1 The Portfolio may be augmented from time to time by the sale to the Mortgages Trustee on any Sale Date of a New Portfolio by the Seller.
7.2 The sale of each New Portfolio to the Mortgages Trustee will in all cases be subject to the terms set out in the Mortgage Sale Agreement including, without limitation, the conditions set out in CLAUSE 4 of the Mortgage Sale Agreement and the representations and warranties set out in CLAUSE 8 of the Mortgage Sale Agreement.
NEW LOANS. 7.1 The Covered Bond Portfolio may be augmented from time to time by the sale to the Guarantor on any Purchase Date of New Loans and their Related Security by the Seller (or another Person) in accordance with the Mortgage Sale Agreement, which sales will in all cases be subject to the terms set out in the Mortgage Sale Agreement.
7.2 In the event the Guarantor acquires the beneficial interest in New Loans from a Person other than the Seller, the Servicer shall not be under any obligation to service such New Loans under the terms of this Agreement. However, the Servicer may agree to service such New Loans, subject to such amendments to the terms hereof, including without limitation, with respect to fees and reimbursement for costs of providing the Services in respect of such New Loans, as the Servicer, the Guarantor, the Bond Trustee and the seller of such New Loans, may agree, in accordance with Article 25 hereof.
NEW LOANS. 7.1 The Portfolio may be augmented from time to time by the sale to the Mortgages Trustee on any Sale Date of New Loans and their New Related Security by the Seller in accordance with the Mortgage Sale Agreement.
7.2 The sale by the Seller of New Loans and their New Related Security to the Mortgages Trustee will in all cases be subject to the terms set out in the Mortgage Sale Agreement including, without limitation, the conditions set out in clause 4.2 (Sale and purchase of New Portfolios, Product Switches and Further Advances) of the Mortgage Sale Agreement and the Representations and Warranties set out in clause 8 (Warranties and Repurchase by the Seller) of the Mortgage Sale Agreement.
NEW LOANS. On the Closing Date, Seller shall provide Purchaser with a listing of loans associated with any Branch that were originated after the date hereof and prior to Closing (the “New Loans”). Purchaser shall have a review period of thirty (30) calendar days after Closing (“Post-Closing Review Period”) to review the New Loans and Seller shall provide to Purchaser the same loan documents Seller would have provided to Purchaser if the New Loans had been Designated Loans prior to Closing. Purchaser shall have the option, but not the obligation, to assume any New Loan at the conclusion of the Post-Closing Review Period pursuant to written notice to Seller, and any such New Loans shall be deemed to be Transferred Loans hereunder. Seller shall include the Loan Value for such Transferred Loans as part of the Purchase Price set forth on the Final Closing Statement. All representations and warranties made by Seller under this Agreement with respect to Designated Loans shall be deemed to have been made as of the Closing Date with respect to such Transferred Loans.
NEW LOANS. Borrowers haves requested that Lender make a new advance loan and a new term loan, and Lender has agreed on the terms set forth in this Amendment. Section 1 of the Loan Agreement is amended to read as follows:
(a) Subject to the terms and conditions set forth in the Loan Agreement and the other agreements, instruments, and documents executed and delivered in connection with the Loan Agreement (collectively the “Loan Documents”), Lender agrees to make the following advance loans:
(1) Lender has agreed to make a multiple advance loan to UANT in the aggregate original amount of the lesser of (i) $5,000,000.00, or (ii) the aggregate cost of the equipment acquired (the “First Advance Loan”) on the terms set forth in the Advance Promissory Note attached as Exhibit D to the Loan Agreement (the UROLOGY ASSOCIATES OF NORTH TEXAS, L.L.P., et al August 12, 2010
NEW LOANS. The Consenting Lenders named on Schedule A hereto each agree, severally and not jointly, to provide additional Revolving Credit Commitments (which shall be drawn immediately upon the Effective Date) in an aggregate principal amount of $5,000,000 (the “Additional Revolving Loans”) in accordance with the Credit Agreement on the same terms as the existing Revolving Credit Commitments, as extended in accordance with this Amendment, on or within 10 Business Days after the Effective Date in an aggregate principal amount equal to such Consenting Lender’s “Additional Revolving Commitment”) as set forth on such Schedule A (its “Additional Revolving Commitment”). In addition, each Consenting Lender not listed on such Schedule A shall have the option to, but shall not be required to, provide a percentage of the Additional Revolving Loans equal to the percentage that (x) its Revolving Loans and undisbursed Revolving Loan Commitment constitute of (y) the aggregate Revolving Loans and undisbursed Revolving Loan Commitments of all Consenting Lenders, the election of such option to be expressed by indicating its “Additional Revolving Credit Commitment” on its signature page to this Amendment. To the extent Consenting Lenders not listed on Schedule A elect to participate in the Additional Revolving Loans, the Additional Revolving Commitments of each Consenting Lender listed on Schedule A shall be reduced ratably by the amount of the Additional Revolving Commitments of such Consenting Lenders (and each Consenting Lender listed on Schedule A shall be released from its obligation to provide Additional Revolving Loans to the extent of such reduction). Notwithstanding anything to the contrary set forth in the Credit Agreement, the proceeds of such Revolving Credit Commitments shall be permitted to be used for general corporate purposes. Such new Revolving Loans drawn on the increased Revolving Credit Commitments on the Effective Date shall be made as Base Rate Loans and may be converted to Eurodollar Loans following the Effective Date in accordance with Section 3.03 of the Credit Agreement. For the avoidance of doubt, such Revolving Credit Commitments and the associated Revolving Loans shall be Revolving Credit Commitments and Revolving Loans (each as extended in accordance with this Amendment) for all purposes under the Credit Agreement).
NEW LOANS. On any Incremental Effective Date on which any Incremental Term Commitment becomes effective, subject to the foregoing terms and conditions, each Incremental Lender with an Incremental Term Commitment shall make, or be obligated to make, an Incremental Term Loan to the Borrowers in an amount equal to its Incremental Term Commitment and shall become a Lender hereunder with respect to such Incremental Term Commitment and the Incremental Term Loan made pursuant thereto. On any Incremental Effective Date on which any Incremental Revolving Credit Commitment becomes effective, subject to the foregoing terms and conditions, each Incremental Lender with an Incremental Revolving Credit Commitment shall become a Lender under the Revolving Credit Facility hereunder with respect to such Incremental Revolving Credit Commitment.
NEW LOANS. On the terms and subject to the conditions set forth in Annex 2 hereto, CME shall loan up to $10 million to IMS (the "New Loan").
NEW LOANS. A conversion fee of $[ ] will be charged for each New Loan received on behalf of the Owner in a tape format.
NEW LOANS. FNB shall make available to BUYER the opportunity to participate in any new loans originated at the Office in the market served by it during the Pre-Closing Period (each such loan an “Interim Loan” and collectively with all other Interim Loans the “Interim Loans”). Prior to issuing a loan commitment for any such Interim Loan, FNB shall notify BUYER in writing of the terms of such Interim Loan and BUYER shall have the right, exercisable within ten (10) days after receipt of such notice, to agree to participate in such Interim Loan up to fifty percent (50%) of the principal amount of the Interim Loan. If BUYER so elects to participate, the parties hereby agree that BUYER shall be the originating lender and FNB shall be the participating lender and the Interim Loan shall be originated using BUYER’s forms.
