Common use of Participations, Etc Clause in Contracts

Participations, Etc. From time to time, CoBank may sell to one or more banks, financial institutions or other lenders a participation in one or more of the loans or other extensions of credit made pursuant to this agreement. However, no such participation shall relieve CoBank of any commitment made to the Company under any Supplement hereto. In connection with the foregoing, CoBank may disclose information concerning the Company and its Subsidiaries to any participant or prospective participant, provided that such participant or prospective participant agrees to keep such information confidential. A sale of participation interest may include certain voting rights of the participants regarding the loans hereunder (including without limitation the administration, servicing and enforcement thereof). CoBank agrees to give written notification to the Company of any sale of participation interests.

Appears in 3 contracts

Samples: Master Loan Agreement (Dakota Growers Pasta Co Inc), Master Loan Agreement (Advanced BioEnergy, LLC), Master Loan Agreement (Green Plains Renewable Energy, Inc.)

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Participations, Etc. From time to time, CoBank may sell to one or more banks, financial institutions or other lenders a participation in one or more of the loans or other extensions of credit Loans made pursuant to this agreementAgreement. However, no such participation shall relieve CoBank of any commitment made to the Company under any Supplement heretohereunder. In connection with the foregoing, CoBank may disclose information concerning the Company and its Subsidiaries to any participant or prospective participant, provided that such participant or prospective participant agrees to keep such information confidential. A sale of a participation interest may include certain voting rights of the participants regarding the loans Loans hereunder (including without limitation the administration, servicing and enforcement thereof). CoBank agrees to give written notification to the Company of any sale of a participation interestsinterest, which notice shall describe the identity of the purchasing participant and the Loan(s) and portions thereof sold.

Appears in 1 contract

Samples: Master Loan Agreement (Chugach Electric Association Inc)

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Participations, Etc. From time to time, CoBank may sell to one or more banks, financial institutions or other lenders a participation in one or more of the loans or other extensions of credit -credit made pursuant to this agreement. However, no such participation shall relieve CoBank of any commitment made to the Company under any Supplement hereto. In connection with the foregoing, CoBank may disclose information concerning the Company and its Subsidiaries to any participant or prospective participant, provided that such participant or prospective participant agrees to keep such information confidential. A sale of participation interest may include certain voting rights of the participants regarding the loans hereunder (including without limitation the administration, servicing and enforcement thereof)thereon. CoBank agrees to give written notification to the Company of any sale of participation interests.

Appears in 1 contract

Samples: Master Loan Agreement (South Dakota Soybean Processors LLC)

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