NEW LOANS Sample Clauses

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 a New Portfolio by the Seller. 7.2 The sale of each New Portfolio 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 of the Mortgage Sale Agreement and the representations and warranties set out in CLAUSE 8 of the Mortgage Sale Agreement.

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 under the Revolving Credit Facility hereunder with respect to such Incremental Revolving Credit Commitment.

NEW LOANS. If Buyer is to pay all or part of the Purchase Price with a New Loan, this Contract is conditional upon Buyer determining, in Buyer's sole subjective discretion, whether the proposed New Loan’s payments, interest rate, conditions and costs or any other loan terms (New Loan Terms) are satisfactory to Buyer. This condition is for the sole benefit of Buyer. Buyer has the Right to Terminate under § 24.1., on or before New Loan Terms Deadline, if the New Loan Terms are not satisfactory to Buyer, in Buyer’s sole subjective discretion.

NEW LOANS. 9.3.8.1 Cell C and ICBC hereby confirm that drawdown by Cell C of the New ICBC Loan occurred on 31 July 2017. 9.3.8.2 ICBC shall finalise the advance of the New ICBC Loan and hereby irrevocably instructs the Funds Flow Bank to transfer an amount equal to the Cash Portion New ICBC Loan from the Nedbank Suspense Account to the Cell C Funds Flow Bank Account and the Funds Flow Bank shall make such transfer. 9.3.8.3 Cell C hereby irrevocably instructs the Funds Flow Bank to transfer an amount equal to the USD equivalent of the amount equal to the Cash Portion New ICBC Loan (converted at Average Trade Rate) from the Cell C Funds Flow Bank Account to the ICBC Bank Account pursuant to the terms of the SPV2 Repayment and Interest Payment Agreement and the relevant prepayment notice under the Original ICBC Finance Documents and the Funds Flow Bank shall make such transfer and shall provide ICBC’s Designated Representative with a copy of the SWIFT instruction promptly upon making such transfer. 9.3.8.4 Cell C shall direct ICBC to apply the balance of the advance of the New ICBC Loan (being ZAR43,051,032.01) in part repayment of the ICBC Existing Debt in accordance with the relevant prepayment notice under the Original ICBC Finance Documents. Master Implementation and Funds Flow Agreement 9.3.8.5 Cell C shall drawdown the New Nedbank Loan and direct Nedbank to apply the advance of the New Nedbank Loan in part repayment of the Nedbank Existing Debt in accordance with the Nedbank Repayment and Interest Payment 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. Subject to the terms and conditions set forth in this Agreement and the Term Sheet, concurrently with the consummation of the Exchange on the Closing Date, BPC Lending shall make, in a single draw on the Closing Date, the New Loans to the Borrower in an aggregate principal amount equal to $6,225,257.49 million, which New Loans shall be the same class of Second Lien Loans as the Exchanged Loans and shall be governed by the Second Lien Credit Agreement.