Underlying Loan Agreement definition

Underlying Loan Agreement means, with respect to any Loan, the document or documents evidencing the commercial loan agreement or facility pursuant to which such Loan is made.

Underlying Loan Agreement means, with respect to any Collateral Loan, the document or documents evidencing the commercial loan agreement, indenture or facility pursuant to which such Collateral Loan is made.

Underlying Loan Agreement means each single lender or multi-lender commercial loan or credit agreements or other debt agreements or instruments customary for the applicable type of Loan originated or acquired by NewStar.

Examples of Underlying Loan Agreement in a sentence

• A Borrower under an Underlying Loan Agreement related to such Purchased Loan Receivable that is secured by Relevant Related Collateral (other than accessory collateral) could have a defence against the Guarantor that payment on such Purchased Loan Receivable needs to be made only against retransfer (Zug um Zug) of a corresponding portion of the Relevant Related Collateral.

• The court also stated that, where the Underlying Loan Agreement qualifies as a business transaction (Handelsgeschäft) within the meaning of Section 343 of the German Commercial Code (Handelsgesetzbuch) for both the borrower and the bank (see "Assignability of the Loan Receivables"), Section 354a of the German Commercial Code would allow the valid assignment of a monetary claim resulting from such business transaction despite a contractual restriction on assignment agreed between the parties.

• The relevant Servicer will manage and collect payments on the Purchased Loan Receivables in compliance with the Servicing Agreements, the Credit and Collection Policies and the relevant loan agreement underlying a Purchased Loan Receivable (each, an "Underlying Loan Agreement") and may negotiate and agree on certain amendments, modifications of, or waiver in relation to, the Underlying Loan Agreements in accordance with the Credit and Collection Policies.

• The article was Berkhoff and Carynnyk,“The Organization of Ukrainian Nationalists,” 149–84; V’iatrovych, Stavlennia OUN, 9.

• Prior to the issuance of each Series of Securities the Issuer shall purchase the claim rights towards the Underlying Borrower for the repayment of the principal arising from Underlying Loan Agreement originated by the Loan Originator (the Underlying Loan) in such amount that fully corresponds to the amount of the Securities that are to be issued within the particular Series of Securities (the Underlying Portfolio).

More Definitions of Underlying Loan Agreement

Underlying Loan Agreement means the “Loan Agreement” (as defined in the Underlying Mortgage Note).

Underlying Loan Agreement means each single lender or multi-lender commercial loan or credit agreements or other debt agreements or instruments customary for the applicable type of Loan originated or acquired by the Originator or one of its Affiliates.

Underlying Loan Agreement means that certain Loan Agreement, dated as of June 29, 2015, between Underlying Borrower and Underlying Lender, as lender, as same may be amended, modified and/or restated in accordance with the terms and conditions hereof.

Underlying Loan Agreement means, with respect to any Collateral Loan, the document or documents evidencing the commercial loan agreement or facility or indenture pursuant to which such Collateral Loan is made or issued.

Underlying Loan Agreement means the Loan and Security Agreement, between Seller, in its capacity as lender thereunder, and PennyMac Holdings, LLC, as the same may be amended, restated, supplemented or otherwise modified from time to time.

Underlying Loan Agreement shall have the meaning specified in the Recitals to this Agreement.

Underlying Loan Agreement means, any credit agreement, indenture or other agreement or document pursuant to which a Loan Asset with respect to any loan or debt for borrowed money or note, as applicable, has been issued or created and each other agreement that governs the terms of or, if applicable, secures the obligations represented by such Loan Asset, including any co‐lender or servicing agreement entered into by an applicable Underlying Agent or Underlying Servicer and, in respect of the Australian Collateral, includes the Australian Equity Notes and the document entitled “Shareholders’ agreement – Channel Capital Pty Ltd” dated November 20, 2020 between Channel Capital Pty Ltd ACN 162 591 568, Kudu, Xxxx Holding and Xxxxxx Xxx. “Underlying Obligor Default” means, with respect to any Eligible Portfolio Asset that is a Loan Asset following the Cut‐Off Date relating thereto, the occurrence of one or more of the following events (any of which, for the avoidance of doubt, may occur more than once):