Loan Asset Checklist definition

Loan Asset Checklist means an electronic or hard copy, as applicable, of a checklist delivered by or on behalf of the Borrower to the Collateral Custodian, for each Loan Asset, of all Required Loan Documents to be included within the respective Loan Asset File, which shall specify whether such document is an original or a copy.
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Loan Asset Checklist means an electronic or hard copy, as applicable, of a checklist delivered by or on behalf of the Borrower to the Collateral Custodian, for each Loan Asset, of all applicable Required Loan Documents to be included within the respective Loan File.
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Loan Asset Checklist means an electronic or hard copy, as applicable, of a checklist delivered by or on behalf of the Borrower to the Collateral Custodian and the Backup Servicer, for each Loan Asset, of all Required Loan Documents to be included within the respective Loan Asset File, which shall specify whether such document is an original or a copy.
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Examples of Loan Asset Checklist in a sentence

  • The Borrower (or the Portfolio Asset Servicer on behalf of the Borrower) shall deliver to the Collateral Custodian (with a copy to the Calculation Agent and Initial Lender) the Required Loan Documents and the Loan Asset Checklist pertaining to each Portfolio Asset, not later than five (5) Business Days after the Cut‐Off Date pertaining to such Portfolio Asset (or such later date as the Initial Lender may agree).

  • The Borrower is not party to any agreements other than this Agreement and the other Transaction Documents to which it is a party and the Required Loan Documents and other agreements listed on the Loan Asset Checklist for each Portfolio Asset in respect of which the Borrower is a lender or loan participant.

  • The Borrower shall deliver to the Custodian (with a copy to the Collateral Agent) pursuant to the Custodial Agreement an electronic copy of the Required Loan Documents and the Loan Asset Checklist pertaining to each Loan Asset within ten Business Days of the Cut-Off Date pertaining to such Loan Asset.

  • In order to facilitate the foregoing review by the Collateral Custodian, in connection with each delivery of Required Loan Documents hereunder to the Collateral Custodian, the Portfolio Asset Servicer shall provide to the Collateral Custodian a hard copy or an electronic copy of the related Loan Asset Checklist which contains the Portfolio Asset information with respect to the Required Loan Documents being delivered, Portfolio Asset number and the name of the Obligor with respect to such Portfolio Asset.

  • Notwithstanding anything herein to the contrary, the Collateral Custodian's obligation to review the Required Loan Documents for any Loan Asset shall be limited to the Review Criteria based on the information provided on the related Loan Asset Checklist.


More Definitions of Loan Asset Checklist

Loan Asset Checklist means, with respect to any Loan Asset, the index prepared by the Manager identifying the type of Loan Asset (including whether such Loan Asset is a Noteless Loan Asset) and each of the Loan Asset Documents related thereto which are included in the related Loan Asset File.
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Loan Asset Checklist means, with respect to each Loan Asset, an electronic or hard copy, as applicable, of a checklist substantially in the form of Exhibit C delivered by or on behalf of the Borrower to the Collateral Custodian (with a copy to the Calculation Agent and Initial Lender). "Loan Asset File" means, with respect to each Portfolio Asset, a file containing each of the agreements, instruments, certificates, notes and other documents and items set forth on the Loan Asset Checklist with respect to such Portfolio Asset. "Loan Asset Schedule" means (a) a schedule of the Portfolio Assets and setting forth for each such Portfolio Asset (i) the Portfolio Asset number for such Portfolio Asset, (ii) the Obligors for such Portfolio Asset, (iii) the current principal balance of (A) such Portfolio Asset and (B) the Underlying Loan Obligation for such Portfolio Asset, as applicable, (iv) the Loan Agreement and Participation Agreement for such Portfolio Asset, as applicable, (v) whether such Portfolio Asset is an Eligible Portfolio Asset and if such Eligible Portfolio Asset is a Senior Loan, Junior Loan, Asset Based Loan, Recurring Revenue Loan, or Senior Note, and (vi) the other information specified for a Portfolio Asset as set forth on Schedule I, as delivered by the Borrower to the Administrative Agent and the Collateral Custodian and as updated from time to time as provided herein (the Loan Asset Schedule being deemed modified and delivered by the delivery of a Borrowing Base Certificate) or (b) a collateral report, in form and substance reasonably satisfactory to the Administrative Agent (acting at the direction of Majority Lenders) containing the information described in clauses (a)(i) through (a)(vi) above. "LTV" means, as of any date of determination, the ratio (expressed as a percentage) of (a) the aggregate amount of Advances Outstanding as of such date to (b) the most recent Total Portfolio Value as of such date. "Majority Lenders" means the Lenders representing an aggregate of more than 50% of the aggregate Commitments. The Commitments of any Defaulting Lender shall be disregarded in determining Majority Lenders at any time. "Make‐Whole Amount" means, as of any date of determination, (i) in connection with any voluntary termination in full of the Commitments hereunder, an amount equal to the present value of the amount of interest that would have accrued under this Agreement if the Advances Outstanding were equal to the MWA Minimum Usage Amount commencing twelve (12) mo...
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Loan Asset Checklist means an electronic or hard copy, as applicable, of a checklist delivered by or on behalf of the Borrower to the Collateral Custodian, for each Loan Asset, of all Required Loan Documents to be included within the respective Loan Asset File, which shall specify (i) whether such document is an original or a copy and (ii) whether such Loan Asset is a Third Party Acquired Loan Asset. Agreement for such Loan Asset or such comparable definition if “permitted liens” is not defined therein, so long as such definition is reasonable and customary) on any of the Underlying USActive 52762757.39.docx52762757.44 34 Collateral securing such Loan Asset or (y) increases the commitment amount of any loan senior to such Loan Asset and the Net Leverage Ratio of such Loan Asset increases by more than 0.5x as a result of such increase;
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Loan Asset Checklist has the meaning assigned to that term in the Custodial Agreement and, if such term (or similar term) is not used therein, then, with respect to each Loan Asset, an electronic or hard copy, as applicable, of a checklist delivered by or on behalf of the Borrower to the Collateral Custodian and the Facility Servicer.
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Related to Loan Asset Checklist

  • Loan Checklist means a list delivered to the Custodian in connection with delivery of a Loan to the Custodian that identifies the items contained in the related Loan File.

  • Document Checklist means an electronic or hard copy list delivered by the Borrower (or by the Collateral Manager on behalf of the Borrower) to the Agent and the Collateral Custodian that identifies each of the documents contained in each Collateral Obligation File and whether such document is an original or a copy and whether a hard copy or electronic copy will be delivered to the Collateral Custodian related to a Collateral Obligation and includes the name of the Obligor with respect to such Collateral Obligation, in each case as of the related Funding Date.

  • Loan Asset means each commercial loan identified on Schedule A hereto, and each commercial loan identified on any Purchase Notice.

  • Request regarding a list of collateral means a record authenticated by a debtor requesting that the recipient approve or correct a list of what the debtor believes to be the collateral securing an obligation and reasonably identifying the transaction or relationship that is the subject of the request.

  • Mortgage Loan Schedule shall have the meaning assigned to such term in the recitals.

  • Loan Schedule The schedule, as amended from time to time, of Loans attached hereto as Exhibit D, which shall set forth as to each Loan the following, among other things:

  • Collateral Pool means, at any time, each Portfolio Investment that has been Delivered (as defined in the Guarantee and Security Agreement) to the Collateral Agent and is subject to the Lien of the Guarantee and Security Agreement, and then only for so long as such Portfolio Investment continues to be Delivered as contemplated therein and in which the Collateral Agent has a first-priority perfected Lien as security for the Secured Obligations (subject to any Lien permitted by Section 6.02 hereof with respect to such Portfolio Investment), provided that in the case of any Portfolio Investment in which the Collateral Agent has a first-priority perfected (subject to Permitted Liens under clause (g) of the definition thereof) security interest pursuant to a valid Uniform Commercial Code filing, such Portfolio Investment may be included in the Collateral Pool so long as all remaining actions to complete “Delivery” are satisfied in full within the longest period of (i) seven (7) days of such inclusion and (ii) as the Collateral Agent may agree in its reasonable discretion.

  • Asset Schedule means with respect to any Transaction as of any date, an asset schedule in the form of a computer tape or other electronic medium (including an Excel spreadsheet) generated by Seller and delivered to Buyer and the Custodian, which provides information (including, without limitation, the information set forth on Exhibit E attached hereto) relating to the Purchased Mortgage Loans in a format reasonably acceptable to Buyer.

  • Collection Report means the monthly report prepared by the Primary Servicer setting forth, with respect to each Mortgage Loan and the most recently ended Collection Period prior to the due date of such report, the information described on Exhibit G attached hereto.

  • business acquisition report means a completed Form 51-102F4 Business Acquisition Report;