Lien Release Dividend. (a) Notwithstanding any provision contained in this Agreement to the contrary, provided there is not then existing an Unmatured Termination Event, a Termination Event or a Servicer Termination Event, on a Lien Release Dividend Date, the Borrower may dividend to the Originator a portion of the Transferred Loans or portions thereof (the “Lien Release Dividend”), subject to the following terms and conditions:
Appears in 4 contracts
Samples: Loan Funding and Servicing Agreement (Patriot Capital Funding, Inc.), Funding and Servicing Agreement (American Capital Strategies LTD), Loan Funding and Servicing Agreement (Patriot Capital Funding, Inc.)
Lien Release Dividend. (a) Notwithstanding any provision contained in this Agreement to the contrary, provided there is not then existing an Unmatured Termination Event, a Termination Event or a Servicer Termination Event, on a Lien Release Dividend Date, the Borrower may dividend to the Originator a portion of the Transferred Loans or portions thereof (the each, a “Lien Release Dividend”), subject to the following terms and conditions:
Appears in 4 contracts
Samples: Funding and Servicing Agreement (American Capital Strategies LTD), Funding and Servicing Agreement (American Capital Strategies LTD), Loan Funding and Servicing Agreement (American Capital, LTD)
Lien Release Dividend. (a) Notwithstanding any provision contained in this Agreement to the contrary, provided there is not then existing an Unmatured Termination Event, a Termination Event, an Unmatured Servicer Termination Event or a Servicer Termination Event, on a Lien Release Dividend Date, the Borrower may dividend to the Originator all or a portion of the Transferred Loans or portions thereof (the “Lien Release Dividend”), subject to the following terms and conditions:
Appears in 2 contracts
Samples: Loan Funding and Servicing Agreement (Kohlberg Capital CORP), Loan Funding and Servicing Agreement (Kohlberg Capital CORP)
Lien Release Dividend. (a) Notwithstanding any provision contained in this Agreement to the contrary, provided there is not then existing an Unmatured Termination Event, a Termination Event or a Servicer Termination Event, on a Lien Release Dividend Date, the Borrower may dividend to the Originator a portion of the Transferred Loans or portions thereof (the “Lien Release Dividend”), subject to the following terms and conditions:
Appears in 1 contract
Samples: Funding and Servicing Agreement (American Capital Strategies LTD)
