Transferred Loans. (a) Seller will transfer to Buyer as of the Effective Time, subject to the terms and conditions of this Agreement, all of Seller's right, title and interest in (including accrued but unpaid interest and late charges and collateral relating thereto) the loans identified on Exhibit 2.4(a) hereto and loans originated at the Branches by Seller after the date of this Agreement in accordance with Section 7.9 ("Transferred Loans"). The following shall be adjustments to the Transferred Loans:
Transferred Loans. The full original principal amount of each Transferred Loan (net of any discounts) has been fully advanced or disbursed to the borrower named therein, there is no requirement for future advances, and any and all requirements as to completion of any on-site or off-site improvements and as to disbursements of any escrow funds therefor have been satisfied; except where the terms of the Transferred Loans have not required advances or disbursements and except for future advances or commitments documented as part of the terms of the Transferred Loans. All costs, fees and expenses incurred in making, closing or recording the Transferred Loan were paid, and the borrower is not entitled to a refund in respect of any amounts so paid. There is no obligation on the part of Seller to make supplemental payments in addition to those made by the borrower.
Transferred Loans. The mortgage and non-mortgage loans (including participation interests) listed on Exhibit 3.1(a) attached hereto (the "Transferred Loans"); (b)
Transferred Loans. (a) Each Transferred Loan (i) constitutes a legal, valid and binding obligation of the respective borrower(s), obligor(s), co-maker, guarantor, endorser or debtor (such Person or Persons referred to as an “Obligor”), free from all material claims, defenses, rights of rescission, any discount, allowance, set-off, counterclaim, presently pending bankruptcy or other defenses by the Obligor, and (ii) complies in all material respects with Applicable Law, including all applicable lending laws and regulations. Seller has no Knowledge that (A) any Obligor on a Transferred Loan at the time of such execution lacked capacity to contract, and (B) any signature on any Credit Document is not the true original or facsimile signature of the applicable Obligor on a Transferred Loan.
Transferred Loans. (a) Seller agrees to transfer to Purchaser as of the Effective Time, subject to the terms and conditions of this Agreement, all of Seller’s right, title and interest in (including collateral relating thereto) the Transferred Loans. The Transferred Loans shall be transferred by means of a blanket (collective) assignment; provided, however, that, to the extent required by law, Seller shall provide Purchaser with a power of attorney authorizing Purchaser to execute individual assignments of the Transferred Loans on behalf of Seller, and to the extent necessary, shall use its commercially reasonable efforts to procure for Purchaser an assignment from the Receiver authorizing Purchaser to execute such assignments, or shall, at the request of Purchaser, to the extent practicable, execute assignments for each such Transferred Loan.
Transferred Loans. The Company shall promptly notify the Agent as soon as the Company becomes aware of the fact that any default has occurred under any Transferred Loan, and the Company shall promptly notify the Agent if the Company repurchases or otherwise reacquires any Transferred Loan.
Transferred Loans. Except as set forth in Schedule 7.2.12, as of the date hereof no Transferred Loan is in default.
Transferred Loans. 6 (b) Mortgages . . . . . . . . . . . . . . . . . 6 (c)
Transferred Loans. (a) Seller will transfer to Buyer as of the Effective Time, subject to the terms and conditions of this Agreement, all of Seller's right, title and interest in (including accrued but unpaid interest and late charges and collateral relating thereto) the Transferred Loans. Such Transferred Loans (as well as any lien or security interest related thereto) shall be transferred by means of a blanket (collective) assignment and not individually (except as may be otherwise required by law).
Transferred Loans. (a) The “
