Closing Date Participation definition

Closing Date Participation means any Collateral Loan held in the form of a Participation Interest acquired by the Borrower under the Sale and Contribution Agreement on the Closing Date.
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Closing Date Participation has the meaning set forth in Section 2.01(c).
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Closing Date Participation means each Initial Portfolio Asset that consists of a loan participation interest until elevated by assignment.
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Examples of Closing Date Participation in a sentence

  • The Buyer shall be responsible for any expenses of administering each Closing Date Participation prior to its Elevation.

  • At Elevation, the Seller shall deliver such assignment and the credit documentation with respect to the related Closing Date Participation in its possession to or as directed by the Buyer.

  • At Elevation, the Seller and the Warehouse Borrower shall deliver such assignment and the credit documentation with respect to the related Closing Date Participation in its possession to or as directed by the Buyer.

  • M.TECH COMPUTER NETWORKING CODE: MTCN-16-112SUBJECT NAME: CYBER SECURITY (ELECTIVE II) NO OF CREDITS: 4M.TECH SEMESTER II SESSIONAL: 40L P THEORY EXAM: 604 0 TOTAL: 100 NOTE: Question paper has two parts.

  • If any Collateral Obligation included in a Closing Date Participation Interest is not elevated by an assignment agreement prior to the end of the Ramp-Up Period, such Collateral Obligation will be deemed to have a principal balance for purposes of determining the Adjusted Collateral Principal Amount equal to the S&P Collateral Value until the date on which such Collateral Obligation is assigned to the Issuer.

  • If any Collateral Obligation included in a Closing Date Participation Interest is not elevated by an assignment agreement prior to the Effective Date, for purposes of determining the Adjusted Collateral Principal Amount, such Collateral Obligation will be deemed to have a principal balance equal to its S&P Recovery Amount until the date on which such Collateral Obligation is assigned to the Issuer.

  • At Elevation, the Seller shall deliver such assignment and the credit documentation with respect to the related Closing Date Participation Interest in its possession to or as directed by the Buyer.

  • On the Closing Date, upon satisfaction of the conditions set forth in Section 2.2, the Purchaser hereby instructs the Seller, and the Seller hereby agrees to deliver, on behalf of the Purchaser, the Closing Date Participation Agreement and the Required Loan Documents with respect to the related Closing Date Loans to the Trustee, and such delivery to the Trustee shall be deemed to be delivery to and acceptance by the Purchaser.

  • The Housing Authority oversees all habitable housing units on- reserve, consisting of 267 units of which 155 units are older (1975-95) and 112 units are newer (1997-2004).

  • Such written report shall also include, for each Closing Date Participation Interest included in the Assets on the Closing Date, whether each such Closing Date Participation Interest has been converted into a full assignment or repurchased by the Originator pursuant to the Master Loan Sale Agreement, as applicable.

Related to Closing Date Participation

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Delayed Closing Date means the date, set in accordance with section 3, on which the Vendor agrees to Close, in the event the Vendor cannot Close on the Firm Closing Date.

  • Closing Date Acquisition shall have the meaning assigned to such term in the recitals hereto.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Closing Date Term Loans means the Term Loans made by the Term Lenders on the Closing Date to the Borrower pursuant to Section 2.01(1).

  • Scheduled Closing Date Has the meaning specified in the NPA.

  • Closing Date Business Plan means the set of Projections of Borrowers for the 3 year period following the Closing Date (on a year by year basis, and for the 1 year period following the Closing Date, on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • Closing Date Transactions means, collectively (a) the funding of the Loans on the Closing Date and the execution and delivery of Loan Documents to be entered into on the Closing Date, (b) the Debt Proceeds Transfer, and (c) the payment of Closing Date Transaction Expenses.

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a).

  • Closing Date Term Loan has the meaning specified in Section 2.01(a).

  • Delayed Draw Funding Date means the date occurring on or after the Effective Date upon which all of the conditions to funding the Delayed Draw Term Loan set forth in Section 6.02 are satisfied and the Delayed Draw Term Loan is funded.

  • Closing Date Certificate means a Closing Date Certificate substantially in the form of Exhibit G-1.

  • Additional Loans Purchase Price means the dollar amount representing the aggregate purchase price of the related Additional Loans as specified in the applicable Additional Purchase Agreement (which, with respect to any Additional Loan purchased with funds on deposit in the Supplemental Purchase Account, will be equal to 100% of the aggregate principal balance of such Additional Loan, plus accrued interest to be capitalized).

  • Loan Closing Date means the date upon which the Loan is made to the Company.

  • Closing Date Refinancing means the repayment, repurchase, redemption, defeasance or other discharge of the Existing Debt Facility and termination and/or release of any security interests and guarantees in connection therewith.

  • Additional Closing Date shall have the meaning set forth in Section 2.3.2.

  • Increased Facility Closing Date any Business Day designated as such in an Increased Facility Activation Notice.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • Closing Date Cash has the meaning specified in Section 3.4(a).

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Delayed contribution payment means an amount paid by an employee for purchase of current service. The amount shall be determined using the same formula in KRS 61.5525, and the payment shall not be picked up by the employer. A delayed contribution payment shall be deposited to the member's account and considered as accumulated contributions of the individual member. In determining payments under this subsection, the formula found in this subsection shall prevail over the one found in KRS 212.434;