NEW LOANS Sample Clauses

NEW LOANS. 7.1 The Covered Bond Portfolio may be augmented from time to time by the sale to the Guarantor on any Purchase Date of New Loans and their Related Security by the Seller (or another Person) in accordance with the Mortgage Sale Agreement, which sales will in all cases be subject to the terms set out in the Mortgage Sale Agreement. 7.2 In the event the Guarantor acquires the beneficial interest in New Loans from a Person other than the Seller, the Servicer shall not be under any obligation to service such New Loans under the terms of this Agreement. However, the Servicer may agree to service such New Loans, subject to such amendments to the terms hereof, including without limitation, with respect to fees and reimbursement for costs of providing the Services in respect of such New Loans, as the Servicer, the Guarantor, the Bond Trustee and the seller of such New Loans, may agree, in accordance with Article 25 hereof.

NEW LOANS. 7.1 The Portfolio may be augmented from time to time by the sale to the Mortgages Trustee on any Sale Date of New Loans and their New Related Security by the Seller in accordance with the Mortgage Sale Agreement. 7.2 The sale by the Seller of New Loans and their New Related Security to the Mortgages Trustee will in all cases be subject to the terms set out in the Mortgage Sale Agreement including, without limitation, the conditions set out in clause 4.2 (Sale and purchase of New Portfolios, Product Switches and Further Advances) of the Mortgage Sale Agreement and the Representations and Warranties set out in clause 8 (Warranties and Repurchase by the Seller) of the Mortgage Sale Agreement.

NEW LOANS. On the Closing Date, Seller shall provide Purchaser with a listing of loans associated with any Branch that were originated after the date hereof and prior to Closing (the “New Loans”). Purchaser shall have a review period of thirty (30) calendar days after Closing (“Post-Closing Review Period”) to review the New Loans and Seller shall provide to Purchaser the same loan documents Seller would have provided to Purchaser if the New Loans had been Designated Loans prior to Closing. Purchaser shall have the option, but not the obligation, to assume any New Loan at the conclusion of the Post-Closing Review Period pursuant to written notice to Seller, and any such New Loans shall be deemed to be Transferred Loans hereunder. Seller shall include the Loan Value for such Transferred Loans as part of the Purchase Price set forth on the Final Closing Statement. All representations and warranties made by Seller under this Agreement with respect to Designated Loans shall be deemed to have been made as of the Closing Date with respect to such Transferred Loans.

NEW LOANS. Borrowers haves requested that Lender make a new advance loan and a new term loan, and Lender has agreed on the terms set forth in this Amendment. Section 1 of the Loan Agreement is amended to read as follows: (a) Subject to the terms and conditions set forth in the Loan Agreement and the other agreements, instruments, and documents executed and delivered in connection with the Loan Agreement (collectively the “Loan Documents”), Lender agrees to make the following advance loans: (1) Lender has agreed to make a multiple advance loan to UANT in the aggregate original amount of the lesser of (i) $5,000,000.00, or (ii) the aggregate cost of the equipment acquired (the “First Advance Loan”) on the terms set forth in the Advance Promissory Note attached as Exhibit D to the Loan Agreement (the UROLOGY ASSOCIATES OF NORTH TEXAS, L.L.P., et al August 12, 2010

NEW LOANS. On any Incremental Effective Date on which any Incremental Term Commitment becomes effective, subject to the foregoing terms and conditions, each Incremental Lender with an Incremental Term Commitment shall make, or be obligated to make, an Incremental Term Loan to the Borrowers in an amount equal to its Incremental Term Commitment and shall become a Lender hereunder with respect to such Incremental Term Commitment and the Incremental Term Loan made pursuant thereto. On any Incremental Effective Date on which any Incremental Revolving Credit Commitment becomes effective, subject to the foregoing terms and conditions, each Incremental Lender with an Incremental Revolving Credit Commitment shall become a Lender hereunder with respect to such Incremental Revolving Credit Commitment.

NEW LOANS. (a) Subject to the terms and conditions set forth herein, (i) each Renewing Lender agrees to make New Loans to the Borrower on the Amendment Effective Date by exchanging its Existing Loans for New Loans in an equal principal amount and (ii) each Additional Lender agrees to make Additional Loans to the Borrower on the Amendment Effective Date in the principal amount necessary such that all New Loans made on the Amendment Effective Date are made by the New Lenders ratably in accordance with their respective Commitments; provided that such commitments of the Lenders are several and no Lender shall be responsible for any other Lender's failure to make New Loans. (b) The obligation of each New Lender to make New Loans on the Amendment Effective Date is subject to the satisfaction of the following conditions: (i) The conditions set forth in Section 4.02 of the Credit Agreement, as amended hereby, shall be satisfied on and as of the Amendment Effective Date, and the New Lenders shall have received a certificate of a Financial Officer, dated the Amendment Effective Date, to such effect; (ii) The Administrative Agent shall have received favorable legal opinions of (A) Faegre & ▇▇▇▇▇▇ LLP, outside counsel for the Borrower and (B) ▇▇▇▇ ▇▇▇▇▇▇, Vice President and General Counsel for the Borrower, in each case addressed to the New Lenders and dated the Amendment Effective Date, covering such matters relating to the New Loans, this Amendment, the Credit Agreement as amended and restated hereby, and the other Loan Documents and security interests thereunder as the Administrative Agent may reasonably request, which opinions shall be reasonably satisfactory to the Administrative Agent, including an opinion of such outside counsel, subject only to qualifications reasonably satisfactory to the Administrative Agent, that all guarantees, pledges and grants of security interests of each Loan Party (other than with respect to real property) continue to be valid and binding obligations of such Loan Party; (iii) The Administrative Agent shall have received, for the Borrower and each other Loan Party, to the extent deemed necessary or appropriate by the Administrative Agent, a certificate of the Secretary or an Assistant Secretary of such Loan Party, dated the Amendment Effective Date and certifying that attached thereto are true and complete copies of such documents and certificates as the Administrative Agent or its counsel may reasonably request relating to the organization, exi...

NEW LOANS. (a) Immediately after giving effect to the Term Loan Refinancing, the Refinancing Term Lenders shall be the only Lenders under the Existing Credit Agreement holding Term Loans. Immediately after giving effect to this Agreement (including the amendment of the Existing Credit Agreement as provided in Section 2 above), the Refinancing Term Lenders shall be the only Lenders under the Credit Agreement holding Term Loans. (b) Each Refinancing Term Lender hereby commits to advance the amount of New Term Loans as set forth opposite its name on Schedule A attached hereto pursuant to the terms and conditions hereof. (c) The terms of the New Loans shall be as set forth for Term Loans in the Credit Agreement, as amended by this Agreement.

NEW LOANS. (i) To finance, pursuant to the provisions of the Act, the acquisition, construction and operation of the Talbot Project, RUS agrees to guarantee the payment of a loan in the amount of $275,000,000 to be made by FFB to the Borrower (the “M-8 Loan”) and (ii) to finance, pursuant to the provisions of the Act, the acquisition, construction and operation of the Chattahoochee Project, RUS agrees to guarantee the payment of a loan in the amount of $313,665,000 to be made by FFB to the Borrower (the “N-8 Loan”; the M-8 Loan and the N-8 Loan are collectively referred to as the “New Loans”).

NEW LOANS. The Borrower is requesting new Loans with a Borrowing Date on the Effective Date. Each of the Banks, including the New Lender, shall participate in such new Loans according to its Ratable Share after giving effect to the joinder and changes in the Commitments described in clauses (1) and (2) above (the "Post-Amendment Ratable Share").