Separate Loan definition
Examples of Separate Loan in a sentence
Furthermore, to the extent any Separate Loan Document expressly stipulates that a default or event of default under the Loan Documents shall not, unless otherwise expressly stipulated in a Separate Loan Document, constitute a default or event of default with respect to the Separate Loan, the applicable provisions of the Separate Loan Documents shall control.
The proportion borne by the amount of the prepayment of the Separate Loan to the amount of the Separate Loans shall not exceed the proportion borne by the amount of the prepayment of the Revolving Facility Loan to the Revolving Facility Loans.
The Trustee shall make the loan approved hereby to the Participant out of the Participant’s Separate Loan Fund.
The Participant’s Separate Accounts shall be debited to reflect the transfer of any amounts to the Participant’s Separate Loan Fund.
Such qualifying language on the Separate Loan Assignments shall not affect, limit or enlarge the obligations of the Seller and the rights, remedies and recourse of the Buyer under this Agreement.
The Trustee shall establish a commingled fund hereunder known as the Nordson Stock Fund and one or more other commingled funds, each of which is an Investment Fund, to hold and administer all assets of the Trust, except assets segregated into Separate Loan Funds as provided in Article VIII and assets held under the ESOP Feature as provided in Article X.
The proportion borne by the amount of the prepayment of the Separate Loan to the amount of the Separate Loans shall not exceed the proportion borne by the amount of the prepayment of the Utilisation to the Utilisations.
Each REMIC I Interest relates to a specific Mortgage Loan or Separate Loan Advance or to the Transferable Servicing Interest.
At and after the closing, to the extent prepared by the Buyer, the Seller shall execute, and acknowledge if appropriate, for delivery to the Buyer one or more additional documents to the extent required by applicable public recording or filing laws to transfer to such Buyer the rights, title and interests of the Seller in, to and under the purchased Loan(s) (collectively, "Separate Loan Assignments").
If a loan is approved for a Participant, the Trustee shall transfer an amount equal to the loan amount from the Participant’s Separate Accounts to a Separate Loan Fund established by the Trustee for the Participant’s benefit.