Erroneous Payment Return Deficiency definition

Erroneous Payment Return Deficiency has the meaning assigned to it in Section 8.09(d).
Erroneous Payment Return Deficiency has the meaning assigned to it in Section 11.13.
Erroneous Payment Return Deficiency has the meaning assigned thereto in Section 11.12(d).

Examples of Erroneous Payment Return Deficiency in a sentence

  • In addition, each party hereto agrees that, except to the extent that the Administrative Agent has sold a Loan (or portion thereof) acquired pursuant to the assignment of an Erroneous Payment Deficiency, and irrespective of whether the Administrative Agent may be equitably subrogated, the Administrative Agent shall be contractually subrogated to all the rights and interests of the applicable Payment Recipient under the Loan Documents with respect to each Erroneous Payment Return Deficiency.

  • The Agent may, in its discretion, sell any Advances acquired pursuant to an Erroneous Payment Deficiency Assignment and upon receipt of the proceeds of such sale, the Erroneous Payment Return Deficiency owing by the applicable Lender shall be reduced by the net proceeds of the sale of such Advances (or portion thereof), and the Agent shall retain all other rights, remedies and claims against such Lender (and/or against any recipient that receives funds on its respective behalf).

  • In addition, each party hereto agrees that, except to the extent that the Agent has sold an Advance (or portion thereof) acquired pursuant to an Erroneous Payment Deficiency Assignment, and irrespective of whether the Agent may be equitably subrogated, the Agent shall be contractually subrogated to all the rights and interests of the applicable Lender under this Agreement with respect to each Erroneous Payment Return Deficiency (the “Erroneous Payment Subrogation Rights”).

  • The Administrative Agent may, in its discretion, sell any Loans acquired pursuant to an Erroneous Payment Deficiency Assignment and upon receipt of the proceeds of such sale, the Erroneous Payment Return Deficiency owing by the applicable Lender shall be reduced by the net proceeds of the sale of such Loan (or portion thereof), and the Administrative Agent shall retain all other rights, remedies and claims against such Lender (and/or against any recipient that receives funds on its respective behalf).

  • Agent may, in its discretion, sell all or any portion of the Loans acquired pursuant to an Erroneous Payment Deficiency Assignment and upon receipt of the proceeds of such sale, the Erroneous Payment Return Deficiency owing by the applicable Lender shall be reduced by such net proceeds, and Agent shall retain all other rights, remedies and claims against any applicable Payment Recipient.


More Definitions of Erroneous Payment Return Deficiency

Erroneous Payment Return Deficiency has the meaning assigned to such term in Section 8.03(d).
Erroneous Payment Return Deficiency has the meaning assigned to it in Section 9.13(d)(i).
Erroneous Payment Return Deficiency has the meaning specified therefor in Section 17.18 of this Agreement.
Erroneous Payment Return Deficiency has the meaning set forth in Section 11.08(d).
Erroneous Payment Return Deficiency as defined in Section 9.14(d).
Erroneous Payment Return Deficiency shall have the meaning assigned to it in Section 8.13(d).
Erroneous Payment Return Deficiency has the meaning specified in Section 9.15(d).