Pledged Loan Documents definition
Examples of Pledged Loan Documents in a sentence
Notwithstanding the foregoing assignment, Borrower, alone, and not Lender, shall be obligated to fulfill all of the monetary and non-monetary obligations of the lender to Collateral Loan Obligor under the Pledged Note, Pledged Deed of Trust and Additional Pledged Loan Documents.
Except as expressly set forth in the Pledged Loan Documents securing the Royal York Loan, none of the Pledged Loans are subject to any options to purchase or similar rights of any person.
Schedule 4.03(b) is true, correct and complete list of the Pledged Loan Documents.
Borrowers shall not, and shall not cause or permit any Loan Party to, modify, amend or alter (a) their certificates or articles of incorporation in any material respect, (b) the Pledged Loan Documents except as permitted by the Collateral Assignments of Loan, (c) all loan agreements, notes and other documentation evidencing Indebtedness for borrowed money of any Loan Party or (d) River Bank's Plan of Dissolution in any material respect.
Lender shall not be required to take any action of any kind to collect, preserve or protect its or Loan Pledgor’s rights in the Collateral, or against any other party to the Pledged Loan Documents.
The Borrower will (i) at its own expense, timely and fully perform and comply with all material provisions, covenants and other promises required to be observed by it under the Loans and the related Loan Documents; and (ii) timely and fully comply in all material respects with the Credit and Collection Policy with respect to each Pledged Loan and the related Pledged Loan Documents.
Escrow Agent acknowledges that the Pledged Loans and the Pledged Loan Documents that Escrow Agent is holding, or will hold, in the Custody Account have been collaterally assigned to Lender pursuant to the Collateral Assignment of Mortgages, Loan Documents and Security Agreement dated as of even date herewith, and agrees at the direction of Lender to deliver all Collateral held by Escrow Agent to Lender or its designee.
Pledged Loan Documents - as defined in the definition of Collateral under this Agreement.
Borrowers shall not, and shall not cause or permit any Loan Party to, modify, amend or alter (a) their certificates or articles of incorporation in any material respect, (b) the Pledged Loan Documents except as permitted by the Collateral Assignments of Loan or (c) all loan agreements, notes and other documentation evidencing Indebtedness for borrowed money of any Loan Party.
The Servicer will comply in all material respects with all Applicable Laws, including those with respect to the Pledged Loans, the Related Property and Pledged Loan Documents or any part thereof.