Examples of Issuer Loan Trustee in a sentence
The Issuer and the Issuer Loan Trustee for the benefit of the Issuer pledge the Initial Loans, any additional Loans acquired after the Closing Date and certain other assets to the Indenture Trustee to secure the Notes.
The Depositor and the Depositor Loan Trustee for the benefit of the Depositor convey the Initial Loans to the Issuer and legal title to such Initial Loans to the Issuer Loan Trustee for the benefit of the Issuer on the Closing Date and may convey additional personal loans from time to time thereafter during the Revolving Period.
The Issuer and the Issuer Loan Trustee have authorized OneMain Financial (DE), as Administrator, and the Depositor, to act on behalf of the Issuer and the Issuer Loan Trustee in connection with the performance of certain of the Issuer’s and the Issuer Loan Trustee’s obligations under the Transaction Documents, as described in “The Administration Agreement” in this private placement memorandum.
The Issuer and the Issuer Loan Trustee have authorized OneMain Financial Group, as Administrator, and the Depositor, to act on behalf of the Issuer and the Issuer Loan Trustee in connection with the performance of certain of the Issuer’s and the Issuer Loan Trustee’s obligations under the Transaction Documents, as described in “The Administration Agreement” in this private placement memorandum.
Xxxxxxxx Title: Vice President XXXXX FARGO BANK, N.A., not in its individual capacity, but solely as Issuer Loan Trustee By: /s/ Xxxxxxxx X.
Subject to the conditions specified in, and in accordance with, Section 8.07 of the Indenture and the further conditions specified in this Section 2.12, on any Loan Action Date during the Revolving Period, the Depositor may require the Issuer, together with the Issuer Loan Trustee for the benefit of the Issuer, to designate one or more Loans included in the Sold Assets as an Excluded Loan or cause one or more Loans included in the Sold Assets to cease to be designated as an Excluded Loan.
On any Loan Action Date during the Revolving Period, an Excluded Loan may be de-designated as such by the delivery by the Depositor (or the Servicer on its behalf) to the Issuer, the Issuer Loan Trustee and the Indenture Trustee on or before the applicable Loan Action Date of a report identifying each such expected Loan (by loan number and applicable Seller and Subservicer) as ceasing to be designated as an Excluded Loan.
All representations, warranties, and covenants in this Agreement will survive the conveyance of the Purchased Assets to the Issuer and the Issuer Loan Trustee for the benefit of the Issuer, and the grant of a security interest in the Purchased Assets to the Indenture Trustee under the Indenture.
Each of the Owner Trustee the Depositor Loan Trustee, the Issuer Loan Trustee and the Back-up Servicer is a third-party beneficiary to this Indenture and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if such Person were a party hereto.
The Depositor and the Depositor Loan Trustee for the benefit of the Depositor shall not be required to purchase any Loan hereunder if the Depositor does not have sufficient funds or other assets which may constitute consideration under the terms hereof (unencumbered by any Lien, including any Lien of the Issuer, the Issuer Loan Trustee or the Indenture Trustee) to pay the Purchase Price in respect of such Loan.