Loan Contribution definition
Examples of Loan Contribution in a sentence
If Multiple properties and all the same then print the value, if missing any or if the values are not the same, then leave empty Last Setup Change Date 83 AN YYYYMMDD S82 - Distribution Date that information changed last in the setup file by loan Last Loan Contribution Date 84 AN YYYYMMDD Date the loan was contributed Last Property Contribution Date 85 AN YYYYMMDD P67 - Date the latest property or properties were contributed.
No Related Receivable has been sold, transferred, contributed, assigned or pledged by such Originator to any Person other than the Depositor pursuant to the Loan Contribution Agreement.
Immediately prior to the transfer and assignment contemplated by the Loan Contribution Agreement, such Originator had good and marketable title to each Related Receivable conveyed by it to the Depositor, free and clear of all Liens and, immediately upon the transfer thereof, the Depositor shall have good and marketable title to each such Related Receivable, free and clear of all Liens; and the transfer of the Related Receivables to the Depositor has been perfected under the UCC.
Member hereby acknowledges that, except as is otherwise expressly provided in this Agreement or the Loan Contribution and Assignment Agreement, none of the Initial Member or the FDIC or any Affiliate of either, or any of their respective officers, directors, employees, agents or contractors makes or has made any representation or warranty regarding the Company Interest or the Loans or the value of any property securing the same.
Except as is otherwise expressly provided in this Agreement or the Loan Contribution and Assignment Agreement, none of the Initial Member or the FDIC or any Affiliate of either, or any of their respective officers, directors, employees, agents or contractors makes and representation or warranty as to the completeness or accuracy of any information provided.
The rights of each Finance Party include any debt or right owing to that Finance Party under the Transaction Documents and, for the avoidance of doubt, any part of a Loan, Contribution, or any other amount owed by the Company which relates to a Finance Party's participation in a Facility or its role under a Transaction Document (including any such amount payable to an Agent on its behalf) is a debt owing to that Finance Party by the Company.
Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Mortgage Loan Contribution Agreement.
It is the intention of the Depositor that the transfer and assignment contemplated by the Loan Contribution Agreement constitute a contribution of the Related Receivables from the Originators to the Depositor pursuant to the Loan Contribution Agreement and that the beneficial interest in and title to such Related Receivables not be part of the debtor's estate in the event of the filing of a petition for bankruptcy or insolvency by or against such Originator.
Subject to Section 3.1(h)(iv), any Existing Consortium Member that did not previously fund any amounts into a Commitment Account (each, a “True-Up Member”) shall not be required to make a DIP Loan Contribution in connection with the acquisition of the DIP Loan Investment.
Except as is otherwise expressly provided in this Agreement or the Loan Contribution and Assignment Agreement, none of the Receiver or the FDIC or any Affiliate of either, or any of their respective officers, directors, employees, agents or contractors makes and representation or warranty as to the completeness or accuracy of any information provided.