Funding Indemnification definition

Funding Indemnification means an amount (which shall be payable on demand by Lender) necessary to promptly compensate Lender for, and hold it harmless from, any loss, cost or expense incurred by it as a result of any payment or prepayment of any part of the Loan (whether voluntary, mandatory, automatic, by reason of acceleration, or otherwise), including any loss of anticipated profits and any loss or expense arising from the liquidation or reemployment of funds obtained by it to maintain such portion or from fees payable to terminate the deposits from which such funds were obtained. Debtor shall also pay any customary administrative fees charged by Lender in connection with the foregoing. For purposes of calculating amounts payable by Debtor to Lender hereunder, ▇▇▇▇▇▇ shall be deemed to have funded the Loan by a matching deposit or other borrowing in the London inter-bank market for a comparable amount and for a comparable period, whether or not such Loan was in fact so funded.
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Funding Indemnification means the amount (which shall be payable on a Bank’s written demand notwithstanding any contrary provision in this Agreement or in a Note) necessary to promptly compensate a Bank for, and hold it harmless from, any loss, cost or expense incurred by it as a result of:
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Funding Indemnification means the amount (which shall be payable on Lender’s written demand notwithstanding any contrary provision in this Note) necessary to promptly compensate Lender for, and hold it harmless from, any loss, cost or expense incurred by it as a result of:
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Examples of Funding Indemnification in a sentence

  • Any such prepayment shall also include (a) any and all accrued but unpaid interest on the amount of principal being so prepaid through and including the date of prepayment, plus any other sums which have become due to Lender under the other Loan Documents on or before the date of prepayment, but which have not been fully paid and (b) any Funding Indemnification.

  • In addition, if the Borrower desires funding of a Euro-Dollar Loan on the Closing Date, the Agent shall have received, the requisite number of days prior to the Closing Date, a Funding Indemnification Letter.

  • Prepayment in full shall consist of payment of the remaining unpaid principal balance together with all accrued and unpaid interest and all other amounts, costs and expenses for which Borrower is responsible under a Note (including Funding Indemnification) or any other agreement with a Bank pertaining to a Loan, and in no event will Borrower ever be required to pay any unearned interest.

  • CHANGE IN CIRCUMSTANCES 60 3.1. Yield Protection 60 3.2. Changes in Capital Adequacy Regulations 61 3.3. [Reserved] 62 3.4. Funding Indemnification 62 3.5. Taxes 62 3.6. Lender Statements; Survival of Indemnity 66 ARTICLE IV.

  • FF-3 issued pursuant to the Participation Agreement and Future Funding Indemnification Agreement, dated as of June 14, 2019, between Seller and HREC, relating to that certain mortgage loan secured by real property located at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Austin, Texas (Barton Ridge).

  • Funding Indemnification .................................42 Section 3.06.

  • Employer and Employee are also the parties to related agreements, entitled Funding, Indemnification and Contribution Agreement (the "Funding Agreement") and Stock Pledge Agreement (the "Pledge Agreement"), each dated January 28, 1998 (which, together with the Mortgage Note and the Funding Agreement, are referred to as the "Mortgage Loan Agreements").

  • ASSIGNOR hereby grants to ASSIGNEE a security interest in and assigns to ASSIGNEE all right, title and interest in the Fees as security for (i) the performance and payment by Obligors of the Indebtedness, (ii) the performance of all obligations of ASSIGNEE under this Assignment, and (iii) any expenses and attorneys' fees incurred by ASSIGNEE under this Assignment, the Notes, the Wonder Funding Indemnification Obligations or any other document or instrument related thereto (collectively, the "Obligations”).

  • Funding Indemnification........................................................

  • Certificate No. 1 issued pursuant to the Participation Agreement and Future Funding Indemnification Agreement, dated as of January 24, 2020, between Seller and HREC, relating to that certain mortgage loan secured by real property located at ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇.


More Definitions of Funding Indemnification

Funding Indemnification. The amount (which shall be payable on Lender’s written demand notwithstanding any contrary provision in this Note) necessary to promptly compensate Lender for, and hold it harmless from, any loss, cost or expense incurred by it as a result of:
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Related to Funding Indemnification