Common use of Assignments of Loan Assets Clause in Contracts

Assignments of Loan Assets. (a) Notwithstanding anything to the contrary herein, solely for administrative convenience and solely in the case of Third Party Acquired Loan Assets, (i) for purposes of clause (a)(i) of the definition of “Required Loan Documents”, the chain of endorsements required therein by the third party to the Transferor, the Transferor to the Equityholder and the Equityholder to the Borrower may be satisfied by a direct endorsement from the applicable third party to the Borrower or (ii) delivery of the transfer documents or instruments required by clause (a)(ii) of the definition of “Required Loan Documents” may be satisfied by delivery of transfer documents or instruments evidencing the assignment of such Loan Asset by the applicable third party directly to the Borrower (and by the Borrower either to the Trustee or in blank).

Assignments of Loan Assets. (a) Notwithstanding anything to the contrary herein, solely for administrative convenience and solely in the case of Third Party Acquired Loan Assets, (i) for purposes of clause (a)(i) of the definition of “Required Loan Documents”” in the Loan and Servicing Agreement, the chain of endorsements required therein by the third party to the TransferorSeller, the Transferor Seller to the Equityholder Purchaser and the Equityholder Purchaser to the Borrower may be satisfied by a direct endorsement from the applicable third party to the Borrower or (ii) delivery of the transfer documents or instruments required by clause (a)(ii) of the definition of “Required Loan Documents” may be satisfied by delivery of transfer documents or instruments evidencing the assignment of such Loan Asset by the applicable third party directly to the Borrower (and by the Borrower either to the Trustee or in blank).

Assignments of Loan Assets. (a) Notwithstanding anything to the contrary herein, solely for administrative convenience and solely in the case of Third Party Acquired Loan Assets, (i) for purposes of clause (a)(i) of the definition of “Required Loan Documents”” in the Loan and Servicing Agreement, the chain of endorsements required therein by the third party to the Transferor, the Transferor to the Equityholder Seller and the Equityholder Seller to the Borrower Purchaser may be satisfied by a direct endorsement from the applicable third party to the Borrower Purchaser or (ii) delivery of the transfer documents or instruments required by clause (a)(ii) of the definition of “Required Loan Documents” may be satisfied by delivery of transfer documents or instruments evidencing the assignment of such Loan Asset by the applicable third party directly to the Borrower Purchaser (and by the Borrower Purchaser either to the Trustee or in blank).

Assignments of Loan Assets. (a) Notwithstanding anything to the contrary herein, solely for administrative convenience and solely in the case of Third Party Acquired Loan Assets, (i) for purposes of clause (a)(i) of the definition of “Required Loan Documents”” in the Note Purchase Agreement, the chain of endorsements required therein by the third party to the TransferorSeller, the Transferor Seller to the Equityholder Purchaser and the Equityholder Purchaser to the Borrower may be satisfied by a direct endorsement from the applicable third party to the Borrower or (ii) delivery of the transfer documents or instruments required by clause (a)(ii) of the definition of “Required Loan Documents” may be satisfied by delivery of transfer documents or instruments evidencing the assignment of such Loan Asset by the applicable third party directly to the Borrower (and by the Borrower either to the Trustee or in blank).

Assignments of Loan Assets. (a) Notwithstanding anything to the contrary herein, solely for administrative convenience and solely in the case of Third Party Acquired Loan Assets, (i) for purposes of clause (a)(i) of the definition of “Required Loan Documents”” in the Amended and Restated Sale and Servicing Agreement, the chain of endorsements required therein by the third party to the Transferor, the Transferor to the Equityholder Seller and the Equityholder Seller to the Borrower Purchaser may be satisfied by a direct endorsement from the applicable third party to the Borrower Purchaser or (ii) delivery of the transfer documents or instruments required by clause (a)(ii) of the definition of “Required Loan Documents” may be satisfied by delivery of transfer documents or instruments evidencing the assignment of such Loan Asset by the applicable third party directly to the Borrower Purchaser (and by the Borrower Purchaser either to the Trustee or in blank).

Assignments of Loan Assets. (a) Notwithstanding anything to the contrary herein, solely for administrative convenience and solely in the case of Third Party Acquired Loan Assets, (i) for purposes of clause (a)(i) of the definition of “Required Loan Documents”” in the Note Purchase Agreement, the chain of endorsements required therein by the third party to the Transferor, the Transferor to the Equityholder Seller and the Equityholder Seller to the Borrower Purchaser may be satisfied by a direct endorsement from the applicable third party to the Borrower Purchaser or (ii) delivery of the transfer documents or instruments required by clause (a)(ii) of the definition of “Required Loan Documents” may be satisfied by delivery of transfer documents or instruments evidencing the assignment of such Loan Asset by the applicable third party directly to the Borrower Purchaser (and by the Borrower Purchaser either to the Trustee or in blank).