Elevation definition
Examples of Elevation in a sentence
The Transferor shall be deemed to have consented and agreed to Elevation for each of the Participated Loans upon the execution of this Agreement.
The Transferee shall pay any elevation fees, transfer fees and other expenses payable in connection with an Elevation and any expenses of administering each Participated Loan prior to its Elevation Date.
The Seller shall be deemed to have consented and agreed to Elevation for each of the Refinancing Closing Date Participations upon the execution of this Agreement.
The Seller and Intermediate Seller shall pay any transfer fees and other expenses payable in connection with an Elevation and the Buyer will reimburse the Seller for half of such fees and expenses after receipt of an invoice therefor from the Seller detailing such amounts.
At Elevation, the Seller shall deliver such assignment and the credit documentation with respect to the related Refinancing Closing Date Participation Interest in its possession to or as directed by the Buyer.