Loan Assignment Agreement definition

Loan Assignment Agreement has the meaning assigned to such term in Section 8.1(d).

Loan Assignment Agreement has the meaning set forth in Section 3.3(b)(ii).

Loan Assignment Agreement in favor of the Borrower as assignee, (b) any such Loan Assignment Agreement (and the registration of the related Loan Assets on the books and records of the applicable obligor or bank agent) shall be registered in the name of the Borrower and (c) any duty on the part of the Document Custodian with respect to such Loan Asset (including in respect of any duty it might otherwise have to maintain a sufficient quantity of such Loan Asset for purposes of UCC Section 8-504) shall be limited to the exercise of reasonable care by the Document Custodian in the physical custody of any such Loan Assignment Agreement that may be delivered to it; provided that the Document Custodian shall maintain such Loan Assignment Agreements as required by this Agreement. 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.

Examples of Loan Assignment Agreement in a sentence

• The provisions of this Section shall not however (i) constitute a waiver, release or impairment of any obligation evidenced or secured by this Note, the Loan Agreement or the Mortgage Loan Assignment Agreement, (ii) affect the validity or enforceability of any indemnity made in connection with this Note, the Loan Agreement or the Mortgage Loan Assignment Agreement, or (iii) impair the enforcement of the Mortgage Loan Assignment Agreement.

• Borrower (and the undersigned representative of Borrower, if any) represents that Borrower has full power, authority and legal right to execute and deliver this Note, the Loan Agreement and the Mortgage Loan Assignment Agreement and that this Note, the Loan Agreement and the Mortgage Loan Assignment Agreement are valid and binding in accordance with their terms.

• Any failure of Lender to insist upon strict performance by Borrower of any of the provisions of this Note, the Loan Agreement or the Mortgage Loan Assignment Agreement shall not be deemed a waiver of any of the terms or provisions of this Note, the Loan Agreement or the Mortgage Loan Assignment Agreement, and Lender shall have the right thereafter to insist upon strict performance by Borrower of any and all of them.

• No notice to or demand on Borrower shall be deemed to be a waiver of the obligation of Borrower or of the right of Lender to take further action without further notice or demand as provided for in this Note, the Loan Agreement or the Mortgage Loan Assignment Agreement.

• Except for any notices expressly provided for in this Note, the Loan Agreement or the Mortgage Loan Assignment Agreement, Borrower and all others who may become liable for the payment of all or any part of the Debt do hereby severally waive presentment and demand for payment, notice of dishonor, protest and notice of protest and non-payment and all other notices of any kind.

More Definitions of Loan Assignment Agreement

Loan Assignment Agreement means a Secondary Participation Guaranty and Certification Agreement on SBA Form 1086 or other SBA approved agreement for the purchase of the SBA Guaranteed Portion of an SBA 7(a) Loan.

Loan Assignment Agreement has the meaning specified in Section 13.

Loan Assignment Agreement means the loan assignment agreement entered into by and between MIKRO FUND as assignor, the Company as assignee and Carsharing Russia, SMM and Anytime as borrowers on or around the date of this Agreement.

Loan Assignment Agreement the agreement entered into between BEA China and SMBC China on 28th February, 2018 in relation to the assignment and transfer of the rights under the Loan to SMBC China

Loan Assignment Agreement has the meaning set forth in Section 3.3(b)(ii). “Noteless Loan” means a Loan with respect to which (i) the related loan agreement does not require the obligor to execute and deliver an Underlying Note to evidence the indebtedness created under such Loan and (ii) no Underlying Notes are outstanding with respect to the portion of the Loan transferred to the issuer or the prior holder of record. “Participation” means an interest in a Loan that is acquired indirectly by way of a participation from a selling institution. “Person” means any individual, corporation, partnership, limited liability company, joint venture, association, joint stock company, trust (including any beneficiary thereof) 2

Loan Assignment Agreement. The meaning specified in Section 3.3(c). “LOC Agent Bank”: The meaning specified in the definition of the term “Letter of Credit Reimbursement Obligation.” “London Banking Day”: A day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in London, England. “LSTA”: The Loan Syndications and Trading Association. “Maintenance Covenant”: A covenant by any Obligor to comply with one or more financial covenants during each reporting period, whether or not such Obligor has taken any specified action. “Majority”: (a) With respect to any Class or Classes of Secured Notes, the Holders of more than 50% of the Aggregate Outstanding Amount of the Secured Notes of such Class or Classes and (b) with respect to the Subordinated Notes, the Holders of more than 50% of the Aggregate Outstanding Amount of the Subordinated Notes. “Management Fees”: The Base Management Fee and the Subordinated Management Fee. “Mandatory Redemption”: A redemption of the Notes in accordance with Section 9.1. “Mandatory Tender”: The meaning specified in Section 9.8(b). “Margin Stock”: “Margin Stock” as defined under Regulation U issued by the Board of Governors of the Federal Reserve System, including any debt security which is by its terms convertible into “Margin Stock.” “Market Value”: With respect to any Loans or other Assets, the amount (determined by the Collateral Manager) equal to the product of the principal amount thereof and the price determined in the following manner: (i) in the case of a loan only, the bid price determined by an Approved Loan Pricing Service or any other nationally recognized loan pricing service, as applicable, selected by the Collateral Manager with notice to the Rating Agency (in

Loan Assignment Agreement means the agreement to effect an assignment of the Loan from OML to DRD (IoM) in substantially the form set out in Annexure B.