Examples of Acquired Loans in a sentence
The participations created with respect to the Participation Loans and the sale to the Originator with respect to the Acquired Loans do not violate any provisions of the underlying Required Asset Documents and such documents do not contain any express or implied prohibitions on participations or sales of such Loans other than those that have been complied with.
On or before the applicable Cut-Off Date, the Servicer shall have instructed all Obligors (or with respect to Acquired Loans, the applicable agent) to make all payments in respect of the Collateral to the Lock-Box or directly to the Lock-Box Account.
With respect to Participation Loans, Acquired Loans and Assigned Loans, the Servicer shall: (i) segregate all Loan Files with respect to such Loans; (ii) keep separate records with respect to such Loans; and (iii) identify each such Type of Loan on the Servicing Reports required hereunder with respect to such Loans.
With respect to Participation Loans and Acquired Loans, the Servicer shall: (i) take all actions necessary, if any, under the related documents to recognize the consummation of the 2009 Restructuring while maintaining and preserving all rights and remedies of the parties under this Agreement; (ii) keep separate records with respect to such Loans; and (iii) identify each such Type of Loan on the Servicing Reports required hereunder with respect to such Loans.
The Acquired Loans are further segregated between performing and credit impaired loans.