Optional Substitution of Loans. (a) At its option, any Loan may be substituted by the Issuer and replaced with a substitute loan (each such Loan, a “Substitute Loan”) if any of the following occur (each, a “Substitution Event”):
Appears in 6 contracts
Samples: Sale and Servicing Agreement (Hercules Capital, Inc.), Sale and Servicing Agreement (Horizon Technology Finance Corp), Sale and Servicing Agreement (Hercules Capital, Inc.)
Optional Substitution of Loans. (a) At its the Issuer’s option, any Loan may be substituted by the Issuer and replaced with a substitute loan Substitute Loan (each such Loan, a “Substitute Loan”) if any of the following occur (each, a “Substitution Event”):
Appears in 1 contract
Samples: Sale and Servicing Agreement (Horizon Technology Finance Corp)
Optional Substitution of Loans. (a) At its the Issuer’s option, any Loan may be substituted by the Issuer and replaced with a substitute loan Substitute Loan (each such Loan, a “Substitute Loan”) if any of the following occur (each, a “Substitution Event”):
Appears in 1 contract
Samples: Sale and Servicing Agreement (Horizon Technology Finance Corp)
