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.
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.
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 Related Security by the Seller in accordance with the Mortgage Sale Agreement.
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:
NEW LOANS. 11 ARTICLE 8 PRODUCT SWITCHES, FURTHER ADVANCES AND ADDITIONAL LOAN ADVANCES..................................................................................................................................12 ARTICLE 9
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. 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. Pursuant to Section 2.14(b)(x) of the Credit Agreement, the terms of the New Loans shall be as follows:
NEW LOANS. Subject to the terms and conditions of this agreement and the other Loan Documents, Lender agrees to lend Borrower the sums of money set forth below: Loan Name Loan Amount Connecticut Loan $1,500,000 Mississippi Loan $1,800,000 Rhode Island Loan $1,200,000
NEW LOANS. For any Loans made under the Discount Facility from and after the date of this Amendment ("New Loans"), the NCC Loan Agreement is hereby amended as provided herein and the NCC Loan Agreement as so amended will govern all such New Loans. All terms and conditions of the NCC Loan Agreement in effect prior to this Amendment will continue to govern all Loans made under the Discount Facility prior to the date of this Amendment; provided that the parties agree that the provisions of Sections 1.6 and 1.7 below apply to all Loans, including New Loans, regardless of when or under which Loan Agreement such Loans were made.
