Assignable Loan definition

Assignable Loan means a Loan that is capable of being assigned or novated to, at a minimum, commercial banks or financial institutions (irrespective of their jurisdiction of organization) that are not then a lender or a member of the relevant lending syndicate, without the consent of the Reference Entity or the guarantor, if any, of such Loan (or the consent of the applicable borrower if the Reference Entity is guaranteeing such Loan) or any agent;
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Assignable Loan means a Loan that is capable of being assigned or novated to, at a minimum, commercial banks or financial institutions (irrespective of their jurisdiction of organisation) that are not then a lender or a member of the relevant lending syndicate, without the consent of the relevant Reference Entity or the guarantor, if any, of such Loan (or the consent of the applicable borrower if a Reference Entity is guaranteeing such Loan) or any agent, and, if specified as applicable to a Deliverable Obligation Category, the Assignable Loan Deliverable Obligation Characteristic shall be applicable only in respect of obligations within that Deliverable Obligation Category that are Loans.
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Assignable Loan means a Loan Obligation that is capable of being assigned or novated to, at a minimum, commercial banks or financial institutions (irrespective of their jurisdiction of organization) that are not then a lender or a member of the relevant lending syndicate, without the consent of the borrower or the guarantor, if any, of such Loan Obligation or any agent.
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Examples of Assignable Loan in a sentence

  • Deliverable Obligation Characteristics: Not Subordinated, Specified Currency, Not Contingent, Assignable Loan, Consent Required Loan, Transferable,Maximum Maturity: 30 years, Not Bearer.

  • The Underlying Collateral is comprised initially of EUR 54,000,000 in nominal amount of the EUR 3.25% Fixed Rate Assignable Loan (Schuldscheindarlehen) due 21 July 2031 between Zhengzhou Airport Economy Zone Xinggang Investment Group Co., Ltd.

  • Not Sovereign Lender Not ContingentMaximum Maturity: 30 years Assignable Loan TransferableValuation Date: Single Valuation Date: A date selected by the Calculation Agent falling on or before the 120th Business Day following the day on which the Conditions to Settlement have been satisfied.

  • The assignment of the relevant Holder's rights under a Registered Note or an Assignable Loan may be limited as may be agreed between the State and the relevant Dealer(s).

  • The Underlying Collateral is comprised initially of EUR 20,000,000 in nominal amount of the EUR 3.25% Fixed Rate Assignable Loan (Schuldscheindarlehen) due 21 July 2031 betweenZhengzhou Airport Economy Zone Xinggang Investment Group Co., Ltd.

  • If the relevant Final Terms specify, however, that integrated conditions shall apply to the Instruments, such integrated conditions will be attached to the relevant Final Terms and replace the terms and conditions of the Notes or the Assignable Loan set out in the section entitled "Conditions of Borrowing", as supplemented or modified by the relevant Final Terms.

  • If, for once, Integrated Conditions shall apply to an Assignable Loan, the Integrated Conditions will be attached to the Certificate of Indebtedness.

  • The State and the relevant Dealers will agree on the conditions of borrowing (the "Conditions") applicable to each particular Series of State Treasury Notes or Assignable Loan.

  • The Creditors of Certificates of Indebtedness will be entitled to accelerate the Assignable Loans at any time (i) for cause (Kündigung aus wichtigem Grund) or (ii) by way of extraordinary termination (außerordentliche Kündigung) if the financial situation of the Borrower deteriorates (or such deterioration is imminent) and such deterioration puts the repayment of the Assignable Loan at risk.

  • If more than one Assignable Loan and Consent Required Loan are specified as Deliverable Obligation Characteristics in the applicable Final Terms, the Deliverable Obligation may include any Loan that satisfies any one of such Deliverable Obligation Characteristics specified and need not satisfy all such Deliverable Obligation Characteristics.


More Definitions of Assignable Loan

Assignable Loan means a Loan is capable of being assigned or novated to a different bank or financial institution as lender without the consent of the Reference Entity or guarantor, if any, of such Loan or any agent for the Loan.
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Assignable Loan means a Loan that is capable of being assigned or novated to, at a minimum, commercial banks or financial institutions
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Assignable Loan means a Loan Obligation that is capable of being assigned or novated to, at a minimum, commercial banks or f inancial institutions (irrespective of their jurisdiction of organization) that are not then a lender or a member of the relevant lending syndicate, without the consent of the borrower or the guarantor, if any, of such Loan Obligation or any agent. “Assigned Price” means, in respect of a Collateral Obligation, the lower of (I) 100%, (II) the price at which the Collateral Obligation is held by the Borrower or Equity Holder, as ref lected on the books and records of the Borrower or Equity Holder, as applicable, and (III) for Collateral Obligations Acquired pursuant to a cashless contribution, the market value thereof at the time of such Acquisition as determined by the Calculation Agent in good faith, which value shall not be subject to the provisions for a Dispute (expressed as a percentage of par but excluding any accrued interest) and (IV) the par amount of such Collateral Obligation net of original issue discount thereon (determined taking into account all fees, deductions and other offsets received by the Borrower Entities, and all other property received by the Borrower Entities, in connection with such Collateral Obligation) (expressed as a percentage of par but excluding any accrued interest); provided that the Assigned Price of each Collateral Obligation held by the Borrower on the Closing Date shall be the price set forth on Appendix C-2. If a Borrower Entity has Committed to Acquire a Collateral Obligation in more than one lot and/or a Collateral Obligation has been added to the Underlying Portfolio in more than one lot (for example, by Commitments or Acquisitions on separate days), then each lot of such a Collateral Obligation shall be treated as separate Collateral Obligations for purposes of determining the Assigned Prices therefor. 7 “Assignment Agreement” means: (a) with respect to the Loans and the Commitments (Revolver), an Assignment and Assumption Agreement substantially in the form of Exhibit C, with such amendments or modif ications as may be approved by the Administrative Agent and the Borrower; and (b) with respect to any Collateral Obligation, an assignment and assumption agreement in the form required, pursuant to the related Underlying Instruments, for the transfer by the applicable Borrower Entity of all or a portion of the legal and benef icial interest in such Collateral Obligation. If no form of assignment and assumption...
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Assignable Loan means a Loan that is capable of being assigned or novated to, at a minimum, commercial banks or financial institutions (irrespective of their jurisdiction of organisation) that are not then a lender or a member of the relevant lending syndicate, without the consent of the relevant Reference Entity or the guarantor, if any, of such Loan (or the consent of the applicable borrower if such Reference Entity is guaranteeing such Loan) or any agent. Unless otherwise specified in the related Final Terms, if the Deliverable Obligation Characteristic Assignable Loan is specified as Applicable in the related Final Terms, such Final Terms shall be construed as though such Deliverable Obligation Characteristic had been specified as a Deliverable Obligation Characteristic only with respect to Loans and shall only be relevant if Loans are covered by the specified Deliverable Obligation Category).‌
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Assignable Loan means a Loan that is capable of being assigned or novated to, at a minimum, commercial banks or financial institutions (irrespective of their jurisdiction of organization) that
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Assignable Loan means, as a Deliverable Obligation Characteristic, a Loan that is, as of the Physical Settlement Date, capable of being ceded or assigned either to:
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Related to Assignable Loan

  • Transferable means an obligation that is transferable to institutional investors without any contractual, statutory or regulatory restriction, provided that none of the following shall be considered contractual, statutory or regulatory restrictions:

  • Qualified assignment agreement means an agreement providing for a qualified assignment within the meaning of section 130 of the Internal Revenue Code.

  • SOFR Loan means a Loan that bears interest at a rate based on Term SOFR.

  • Conditionally Transferable Obligation means a Deliverable Obligation that is either Transferable, in the case of Bonds, or capable of being assigned or novated to all Modified Eligible Transferees without the consent of any person being required, in the case of any Deliverable Obligation other than Bonds, provided, however, that a Deliverable Obligation other than Bonds will be a Conditionally Transferable Obligation notwithstanding that consent of the Reference Entity or the guarantor, if any, of a Deliverable Obligation other than Bonds (or the consent of the relevant obligor if a Reference Entity is guaranteeing such Deliverable Obligation) or any agent is required for such novation, assignment or transfer so long as the terms of such Deliverable Obligation provide that such consent may not be unreasonably withheld or delayed. Any requirement that notification of novation, assignment or transfer of a Deliverable Obligation be provided to a trustee, fiscal agent, administrative agent, clearing agent or paying agent for a Deliverable Obligation shall not be considered to be a requirement for consent for purposes of this definition of "Conditionally Transferable Obligation". Notwithstanding the other provisions of the Conditions, where a Deliverable Obligation is a Conditionally Transferable Obligation with respect to which consent is required to novate, assign or transfer, then if the requisite consent is refused (whether or not a reason is given for such refusal and, where a reason is given for such refusal, regardless of that reason), or is not received by the Early Redemption Date (in which case it shall be deemed to have been refused) then "Loans Automatically Cash Settled" shall be deemed to have been specified in the Final Terms solely in respect of such Loan. For purposes of determining whether a Deliverable Obligation satisfies the requirements of the definition of Conditionally Transferable Obligation, such determination shall be made as of the Delivery Date or Valuation Date, as applicable, for the Deliverable Obligation, taking into account only the terms of the Deliverable Obligation and any related transfer or consent documents which have been obtained by the Issuer.