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

On or promptly after the Transfer Effective Date specified in such Loan Assignment, the Purchasing Bank and the Administrative Agent, on behalf of such Purchasing Bank, shall open and maintain in the name of each Borrower a Loan Account with respect to such Purchasing Bank’s Committed Rate Loans to such Borrower.
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.
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.
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 Negotiated Rate Loans of such Loan Assignee and its registered assigns in an amount equal to the Negotiated Rate Loan assigned.

More Definitions of Loan Assignment

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

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

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.”