Assumed Loan Agreement definition

Assumed Loan Agreement or, the "Bank Agreement" means the agreement between the Buyer and Bank Hapoalim, in the form attached hereto as Exhibit A-1, executed as of the Closing, governing the terms of the Bank Loan following the Assumption (as defined below) (if any).

Assumed Loan Agreement means any Loan Agreement in respect of any Assumed Loan.

Examples of Assumed Loan Agreement in a sentence

• The Republic of Kosovo hereby accepts the rights and benefits, and assumes the obligations, of the Republic of Serbia (also referred to as “former Borrower”) set forth or referred to in the Assumed Loan Agreement, including the obligation to make payment of principal, interest, and other charges, and to carry out the activities set forth or referred to in the Assumed Loan Agreement.

• For the avoidance of doubt, to the extent the Seller does not make-up the number of Additional Pledged Shares, as aforesaid, then, without derogating from any other remedy available to the Buyer under this Agreement or Applicable Law, the Buyer shall have the right (but not the obligation) to assume the Bank Loan and receive the Pledged Shares in accordance with the terms of this Agreement, all subject to the conditions set forth in Section 18 of the Bank Loan and Section 21 of the Assumed Loan Agreement.

• The Buyer and the Seller hereby agree and confirm the terms and provisions of Section 18 of the Bank Loan and the terms and conditions of Section 21 of the Assumed Loan Agreement and the conditions therein to the Assumption Closing and undertake to use their reasonable best efforts to take, or cause to be taken, all actions and to do, or cause to be done, all things necessary from them for the consummation of the Assumption thereunder.