Agent for Collection and Servicing. (a) The Originating Bank shall act as the disclosed agent of the Participant in connection with receipt and collection of the Participant's ownership interest in the Loan and in payments to be made thereunder. The Originating Bank shall additionally act as the disclosed agent of the Participant in connection with the continued servicing of the Loan.
Appears in 5 contracts
Samples: Loan Participation Agreement (Utg Inc), Loan Participation Agreement (Utg Inc), Loan Participation Agreement (Utg Inc)