Loan Assignment definition

Loan Assignment has the meaning set forth in the Purchase and Sale Agreement.

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Loan Assignment a Loan Assignment, substantially in the form of Exhibit E.

Loan Assignment means a Loan Assignment executed by the Seller, substantially in the form of Exhibit A attached hereto.

Examples of Loan Assignment in a sentence

• At the request of any Loan Assignee, on or promptly after the Transfer Effective Date specified in such Loan Assignment, the relevant Borrower, at its own expense, shall execute and deliver to the Loan Assignee a promissory note with respect to the Bid Loans or Negotiated Rate Loans to the order of such Loan Assignee in an amount equal to the Bid Loan or Negotiated Rate Loan assigned.

• It is acknowledged and agreed that neither the Document Custodian nor the Securities Intermediary is under a duty to examine underlying credit agreements or loan documents to determine the validity or sufficiency of any Loan Assignment Agreement (and shall have no responsibility for the genuineness or completeness thereof), or for the Borrower’s title to any related Loan Asset.

• Such file or list shall be marked as Schedule I to the applicable Loan Assignment and shall be delivered to the Purchaser as confidential and proprietary, and is hereby incorporated into and made a part of Schedule I to this Agreement, as such Schedule I may be supplemented and amended from time to time.

• Such Loan Assignment shall be deemed to amend this Agreement to the extent, and only to the extent, necessary to reflect the addition of such Purchasing Bank and the resulting adjustment of Commitments and Commitment Percentages arising from the purchase by such Purchasing Bank of a portion of the rights and obligations of such transferor Bank under this Agreement.

• Such sale shall be made pursuant to a Loan Assignment, executed by such Purchasing Bank and such transferor Bank (and, in the case of a Purchasing Bank that is not then a Bank or an affiliate thereof, by the Borrowers and the Administrative Agent), and delivered to the Administrative Agent for its acceptance and recording in the Register.

More Definitions of Loan Assignment

Loan Assignment has the meaning assigned to that term in the Contribution Agreement.

Loan Assignment an Assignment and Assumption, substantially in the form of Exhibit B.

Loan Assignment the assignment by a Lender of (i) any portion of such Lender's interest in Borrower's Obligations and (ii) any of such Lender's other rights under any of the Loan Instruments.

Loan Assignment means an agreement pursuant to which any Loan Asset not originated by the Borrower is Transferred to the Borrower (i) in a form substantially based upon the form document for loan assignments of the Loan Syndications and Trading Association, or (ii) in any other form reasonably agreed to by the Borrower and the Administrative Agent.

Loan Assignment means the assignment of the Transferable Shareholders Loan pursuant to this Agreement.

Loan Assignment the assignment by a Lender of (i) any portion of such Lender's interest in Borrowers' Obligations and (ii) any of such Lender's other rights under any of the Loan Instruments. Loan Fee: the fee to be paid by Borrowers to FINOVA in accordance with Section 2.7.

Loan Assignment means any assignment of subordinated loans entered into between (i) the Shareholder and/or either of the Immediate Shareholders and/or a Shareholder Affiliate as Assignor and (ii) the Security Trustee pursuant to the Sponsor Funding Agreement.”