Common use of Participation of the Loan Clause in Contracts

Participation of the Loan. Borrower agrees that Lender may, at its option, sell interests in the Loan and its rights under this Loan Agreement to a financial institution or institutions and, in connection with each such sale, Lender may disclose any financial and other information available to Lender concerning Borrower to each prospective purchaser.

Appears in 5 contracts

Samples: Loan Agreement, Loan Agreement (University General Health System, Inc.), Loan Agreement (Equus Ii Inc)

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Participation of the Loan. Borrower agrees that Lender may, at its option, sell interests in the Loan and its rights under this Loan Agreement to a financial institution or institutions and, in connection with each such sale, Lender may disclose any financial and other information available to Lender concerning Borrower to each perspective purchaser subject to obtaining a confidentiality agreement with each prospective purchaserpurchaser prior to disclosing Borrower’s confidential information.

Appears in 2 contracts

Samples: Loan and Security Agreement (Viewcast Com Inc), Exchange Agreement (Viewcast Com Inc)

Participation of the Loan. Borrower agrees that Lender may, at its option, sell interests in the Loan and its rights under this Loan Agreement to a financial institution or institutions and, in connection with each such sale, Lender may disclose any financial and other information available to Lender concerning Borrower to each perspective purchaser subject to obtaining a Second Amended and Restated Loan and Security Agreement confidentiality agreement with each prospective purchaserpurchaser prior to disclosing Borrower’s confidential information.

Appears in 1 contract

Samples: Loan and Security Agreement (Viewcast Com Inc)

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Participation of the Loan. Borrower Xxxxxxxx agrees that Lender may, at its option, sell interests in the Loan and its rights under this Loan Agreement to a financial institution or institutions and, in connection with each such sale, Lender may disclose any financial and other information available to Lender concerning Borrower or any guarantor to each prospective purchaserpurchaser subject to obtaining a confidentiality agreement with each prospective purchaser prior to disclosing such confidential information.

Appears in 1 contract

Samples: Letter Loan Agreement (Grubb & Ellis Healthcare REIT II, Inc.)

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