Required Loan Documents definition
Examples of Required Loan Documents in a sentence
With respect to each Collateral Asset, the Custodian shall deliver to the Administrative Agent within ten (10) Business Days of the end of each month, notice of any Required Loan Documents listed on the related Document Checklist that have not been furnished to the Data Site.
In addition, in accordance with this Agreement, promptly (and in any event within ten (10) Business Days (or such later date as agreed to by the Administrative Agent in its sole discretion)) following its acquisition of any Collateral Asset, the Borrower shall deliver (or cause to be delivered) to the Custodian the Required Loan Documents (to the extent in the possession of the Collateral Manager or the Borrower, or otherwise available to the Collateral Manager on the relevant deal site).
The parties acknowledge and agree that the Collateral Manager and the Borrower are not expecting to deliver a significant number of original Required Loan Documents to the Custodian.
In the event the Collateral Agent receives an amount in excess of its expectation as determined in its reasonable discretion, the Collateral Agent may, with the consent of the Administrative Agent, require the Borrower to enter into such other agreements as it deems reasonably necessary, including any agreements with a sub-agent custodian, in respect of such Required Loan Documents.
The Borrower shall, or shall cause the Collateral Manager to, to the extent posting such information would not result in a breach by the Borrower or the Collateral Manager of its respective confidentiality obligations, post the Required Loan Documents and the information required to be delivered in accordance with Section 5.01(d)(v) for each Collateral Asset to the Data Site.