Examples of Underlying Loan in a sentence
If any Underlying Notes or other Custodial Documents are removed in connection with the modification or restructuring of an Underlying Loan, the modified or restructured Underlying Notes and other Custodial Documents removed in connection therewith shall be returned to the Custodian/Paying Agent as soon as possible following the completion of the restructuring or modification (and, in any event, in accordance with clause (b) of the immediately preceding sentence).
The first such reports shall cover the period commencing on the Closing Date (and for each Underlying Loan, covering the period from the applicable Servicing Transfer Date) and continuing through the end of the 2010 Fiscal Year.
The first such officer’s certificate shall cover, with respect to any Underlying Loan, the period commencing on the Closing Date (and with respect to each Underlying Loan, including relevant information with respect thereto for the period commencing on the Servicing Transfer Date for such Underlying Loan) and continuing through the end of the 2010 calendar year.
Each Grantor hereby guaranties that payments pursuant to this Article VI will constitute Underlying Loan Proceeds and will be deposited into the Collection Account, to be applied in accordance with the Priority of Payments (as defined in the Custodial and Paying Agency Agreement).
Information on the loans that form the Underlying Loan Batch is made available to the Assignee on Mintos Platform.