Affiliate Transferor definition

Affiliate Transferor is defined in Section 7.03(d)(i). The following changes are made to the Loan Agreement which precedes this Rider:
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Affiliate Transferor has the meaning given in clause 14.5.
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Affiliate Transferor. An Affiliate of the Borrower who sells or contributes Loans to the Borrower and is approved by the Administrative Agent in its sole discretion.
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Examples of Affiliate Transferor in a sentence

  • The Borrower has given reasonably equivalent value to the applicable Affiliate Transferor or the applicable third party seller of Collateral in consideration for the transfer to the Borrower of the Collateral, and no such transfer shall have been made for or on account of an antecedent debt, and no such transfer is or may be voidable or subject to avoidance under any Section of the Bankruptcy Code.

  • The Borrower has not purchased Collateral from an Affiliate unless it is from an Affiliate Transferor pursuant to a Transfer Agreement.

  • All Loans acquired by the Borrower shall be directly originated by the Borrower, acquired from an Affiliate Transferor pursuant to the applicable Transfer Agreement or acquired from an unaffiliated third party; it being understood and agreed that, for administrative convenience, Loans acquired by an Affiliate Transferor from Affiliates may be settled directly into the Borrower.

  • The Borrower will, at the Borrower’s expense, timely and fully perform and comply (or, by exercising its rights thereunder, cause any Affiliate Transferor to perform and comply pursuant to the applicable Transfer Agreement) with all provisions, covenants and other promises required to be observed by it under the Collateral, the Transaction Documents and all other agreements related to such Collateral.

  • Subject to Section 15.05 below, to the extent that the Refinancing Third-Party Costs incurred by Transferee or its Affiliate are known and have or shall be paid on or prior to the Closing Date by Transferee or its Affiliate, Transferor shall reimburse Transferee for Transferor’s allocated share of such costs in accordance Section 15.08 below in immediately available funds.

  • Any successor Collateral Agent shall be a state or national bank or trust company which is not an Affiliate of the Borrower or any Affiliate Transferor, and which is a Qualified Institution.

  • The Borrower shall in good faith contest any attempt to recharacterize the treatment of the Loans as property of the bankruptcy estate of any Affiliate Transferor.

  • The execution and delivery of this Agreement, and each of the Closing Documents, the performance by Sellers of their obligations hereunder or thereunder and the consummation of the transactions contemplated herein have been duly authorized by all corporate, shareholder, and other actions on the part of Sellers and any such Affiliate Transferor, as applicable, required by applicable law and their respective Organizational Documents.

  • Any Affiliate of a Shareholder who executes the Deed of Adherence shall be deemed to have undertaken, for the benefit of the other Parties, that if it ceases to be an Affiliate of the Affiliate Transferor, it shall promptly Transfer the Shares held by it to the Affiliate Transferor or any other Affiliate of the Affiliate Transferor prior to it ceasing to be an Affiliate of the Affiliate Transferor.

  • The records must be objective and document reasons for decisions.


More Definitions of Affiliate Transferor

Affiliate Transferor means an Affiliate of Seller which, as of the date hereof, owns or holds any Affiliate Assets and Liabilities.
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Affiliate Transferor has the meaning set forth in Section 3.7(a).
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Affiliate Transferor is defined in Section 7.03(d)(i).
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Affiliate Transferor is defined in Section 7.03(d)(i). Rider to Multifamily Loan and Security Agreement Affiliate Transfer Page 2 RIDER TO MULTIFAMILY LOAN AND SECURITY AGREEMENT LIMITED PARTNER OR NON-MANAGING MEMBER TRANSFER (Revised 3-1-2014) The following changes are made to the Loan Agreement which precedes this Rider:
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Related to Affiliate Transferor

  • Affiliate Transferee has the meaning set forth in Section 3.2(a).

  • Affiliate Transfer is defined in Section 7.03(a)(i).

  • Affiliate Transaction has the meaning provided in Section 4.11.

  • Affiliate Transactions has the meaning set forth in Section 4.18.

  • Permitted Affiliate Transactions means the following:

  • Affiliate Contract means any contract or agreement between the Company or any of its Subsidiaries (including the Partnership Group), on the one hand, and any Member or Members or any Affiliate or Affiliates of Members, on the other hand.

  • Affiliate Contracts shall have the meaning set forth in Section 4.11(b).

  • Affiliate Member means an individual who is an umpire, referee, coach or other official who is associated with the Association but who is not an Individual Member.

  • Issuer SUBI Certificate Transfer Agreement means that certain issuer SUBI certificate transfer agreement, dated as of March 20, 2019, between the Transferor and the Issuer, as amended or supplemented from time to time.

  • Real estate transaction or "transaction" means an actual or prospective transaction involving a purchase, sale, option, or exchange of any interest in real property or a business opportunity, or a lease or rental of real property. For purposes of this chapter, a prospective transaction does not exist until a written offer has been signed by at least one of the parties.

  • Initial Certificate Transfer Opinion means an opinion rendered by nationally recognized tax counsel (i) upon the initial transfer by the Depositor of a Certificate that results in the Issuer being treated as a partnership for United States federal income tax purposes and (ii) while any Note retained by the Issuer or a Person that is considered the same Person as the Issuer for United States federal income tax purposes is outstanding that (x) such Note will be debt for United States federal income tax purposes or (y) the transfer by the Depositor of such Certificate will not cause the Issuer to be treated as an association or publicly traded partnership taxable as a corporation.

  • Eligible Transferee means and include a commercial bank, financial institution or other "accredited investor" (as defined in Regulation D of the Securities Act).

  • Series Required Transferor Amount means an amount equal to 7% of the Invested Amount.

  • Alternate Transaction shall have the meaning assigned to such term in Section 6.7(iii) hereof.

  • Closing Date Transactions means, collectively (a) the funding of the Loans on the Closing Date and the execution and delivery of Loan Documents to be entered into on the Closing Date, (b) the Debt Proceeds Transfer, and (c) the payment of Closing Date Transaction Expenses.

  • Prospective Transferee means any person to whom a Key Holder proposes to make a Proposed Key Holder Transfer.

  • Permitted Special Servicer/Affiliate Fees Any commercially reasonable treasury management fees, banking fees, title insurance and/or other insurance commissions and fees, title agency fees, and appraisal review fees received or retained by the Special Servicer or any of its Affiliates in connection with any services performed by such party with respect to any Serviced Loan or REO Property, in each case, in accordance with Article III of this Agreement.

  • Subsidiary Redesignation shall have the meaning provided in the definition of “Unrestricted Subsidiary” contained in this Section 1.01.

  • Affiliated Obligor means any Obligor that is an Affiliate of another Obligor.

  • Affiliate Agreement has the meaning set forth in Section 3.21.

  • Minimum Transferor Interest means, with respect to any period, --------------------------- 7% of the average of the aggregate amount of Principal Receivables for such period.

  • Subsequent Transferee has the meaning set forth in Section 4.06(b).

  • Post-Event Transferee shall have the meaning set forth in Section 7(e) hereof.

  • Charitable organization means a charitable organization as described by Section 501(c)(3) of the Internal Revenue Code of 1986, as in effect from time to time.

  • Unaffiliated Director means, for purposes of this Code, a director or honorary director of the Fund who is not a director, officer or employee of the Adviser or an affiliate thereof.

  • Affiliate Subordination Agreement means an Affiliate Subordination Agreement in the form of Exhibit B pursuant to which intercompany obligations and advances owed by any Loan Party are subordinated to the Obligations.