Operating Loans. In addition to FRBNY Loans for the purpose of funding MLSA Loans, Borrower may by agreement with Lender in Lender’s sole discretion obtain one or more other loans under this Agreement for temporary liquidity with respect to the timing of receipts of expected Interest Proceeds (an “Operating Loan”). Any such Operating Loan shall be funded to the Investment Account.
Appears in 1 contract
Sources: Credit Agreement
Operating Loans. In addition to FRBNY Loans for the purpose of funding MLSA Loans, Borrower may by agreement with Lender ▇▇▇▇▇▇ in Lender▇▇▇▇▇▇’s sole discretion obtain one or more other loans under this Agreement for temporary liquidity with respect to the timing of receipts of expected Interest Proceeds (an “Operating Loan”). Any such Operating Loan shall be funded to the Investment Account.
Appears in 1 contract
Sources: Credit Agreement