Loan Participation Sample Clauses

Loan Participation. Borrower acknowledges and agrees that Lender may, from time to time, sell or offer to sell interests in the Loan to one or more participants. Borrower authorizes Lender to disseminate any information it has pertaining to the Loan, including, without limitation, credit information on Borrower or any of its principals, to any such participant or prospective participant.

Loan Participation. Bank shall have the unrestricted right at any time and from time to time, and without the consent of or notice to Borrower, to grant to one or more banks or other financial institutions (each, a “Participant”) participating interests in Bank’s obligation to lend hereunder and/or any or all of the loans held by Bank hereunder. In the event of any such grant by Bank of a participating interest to a Participant, whether or not upon notice to Borrower, Bank shall remain responsible for the performance of its obligations hereunder and Xxxxxxxx shall continue to deal solely and directly with Bank in connection with Bank’s rights and obligations hereunder. Bank may furnish any information concerning Borrower in its possession from time to time to prospective Assignees and Participants, provided that Bank shall require any such prospective Assignee or Participant to agree in writing to maintain the confidentiality of such information.

Loan Participation. (a) If requested by Lender, Borrower will cooperate with Lender to provide any prospective Participant with information to enable the prospective Participant to purchase a participation. (b) Borrower shall assist Lender to sell assignments or participations and to effect any such assignment or participation, including the execution and delivery of any and all agreements, notes and other documents and instruments as shall be requested and, in connection with the initial syndication of the Note, the preparation of informational materials for, and the participation of management in meetings with any potential descriptions of Borrower and its affairs contained in any selling materials provided by it and all other information provided by it and included in such materials. (c) Lender may furnish any information concerning Borrower in the possession of Lender from time to time to any assignee and Participant (including any prospective assignee and Participant).

Loan Participation. The Lender may, in its sole discretion, participate or assign all or a portion of the Loan to one or more lending institutions (Co-lenders or Participants). In the event the Lender assigns all or a portion of the Loan to a Co-Lender, the Lender's responsibility for the funding of that portion of the Loan will terminate upon the assumption by the Co-Lender of such responsibility. Lender may, but will not be obliged to serve as agent for the Co-Lenders with respect to the Loan.

Loan Participation. (a) TFC shall have the right, without prior notice to Borrower or any other Lender or Borrower's or any other Lender's approval, to designate one or more Participants or Lenders and to sell or grant to such Participants or Lenders participation or co-lender interests in the Loan, and in the respective Loan Documents, and in the Collateral, on terms and conditions satisfactory, in its sole and absolute discretion, to TFC. In the event that TFC so designates a Participant or Lenders and sells or grants such Participant or Lenders a participation or co-lender interest in the Loan, such Participant or Lenders shall communicate and deal only with TFC in respect to such Participant's or Lenders interest in the Loan, the Loan Documents and the Collateral, and Borrower shall communicate and deal only with TFC and not with any Participant or other Lender. TFC shall provide Borrower with prior written notice of the identity of each Participant and/or Lender. TFC shall use good faith efforts not to designate one or more Participants or Lenders which Borrower has advised TFC, in writing, are direct and material competitors of Borrower in the sale of timeshare intervals and who are thus reasonably objectionable to Borrower. Borrower agrees to, diligently and in good faith, cooperate with TFC in connection with its consummation and administration of a written participation or loan agreement or agreements with one or more Participants or Lenders or their successors and assigns, and in complying with the terms of any such participation or loan agreement, including with respect to periodic deliveries of accountings and reports with respect to the Loan, the Loan Documents and the Collateral. If the designation of such Participant or Lender results in an increase, modification, or extension of the Revolving Credit Period, the Maximum Loan Amount, the Acquisition/Construction Loan Maturity Date, the Revolving Loan Maturity Date or the amount of the Loan or any other modification to this Agreement, then the designation of such Participant or Lender shall be at the sole expense of Borrower. Otherwise, the designation of such Participant or Lender shall be at no cost to Borrower. (b) In the event that TFC shall elect to make the entire Loan, subject to the terms and conditions of this Section 2.15, any and all agency provisions of this Agreement shall be disregarded and TFC shall act solely on its own behalf and shall hold the Collateral solely in its own name and for its own be...

Loan Participation. With respect to each Loan, the Loan Participation shall include, without limitation: (i) all rights of the Participating Investors to payments from the borrower under or arising from any and all of the Investment Documents; (ii) all duties and obligations of the Investors under the Investment Documents; (iii) any and all rights of the Participating Investors with respect to any security given for payment by the borrower of the Loan (or any portion or refinancing thereof): and (iv) all costs, expenses, losses and liabilities incurred (including, without limitation, reasonable attorney's fees and other costs and expenses of collection and enforcement and losses due to late performance or nonperformance by the borrower of its obligations under the Investment Documents) by the Participating Investors in connection with the Loan.

Loan Participation. (a) Notwithstanding anything herein to the contrary, at the sole discretion of the TFC, TFC may elect, upon the terms and subject to the conditions set forth in this Section 2.11, to fund the full amount or any portion of the Loan without additional Lenders, provided that TFC has entered into written participation agreements acceptable to TFC in its sole and absolute

Loan Participation. The undersigned Employer agrees that loans shall be made available to its employees, and that it shall be obligated to deduct the appropriate payments from the pay of any employee pursuant to that employee’s Loan Agreement.

Loan Participation. Borrower agrees that Bank may provide any information Bank may have about Borrower or about any matter relating to the Note to BANK ONE CORPORATION, or any of its subsidiaries or affiliates or their successors, or to any one or more purchasers or potential purchasers of the Note. Borrower agrees that Bank may at any time sell, assign or transfer one of more interests or participations in all or any part of its rights or obligations in the Note to one or more purchases whether or not related to Bank.

Loan Participation. Borrower acknowledges and agrees that Lender may, from time to time, sell or offer to sell interests in the Loan and Loan Documents to one or more participants. Borrower authorizes Lender to disseminate to such participant or prospective participant, any information it has pertaining to the Loan, including without limitation, complete and current credit information on the Borrower, any of its principals and guarantor. Upon request, Borrower shall execute and deliver new or replacement promissory notes to Lender and the assignee of Lender evidencing their respective prorata share of the Loan, provided Borrower is provided with cancelled notes or other indemnities or assurances with respect to notes being replaced, if any.