Assigned Loans definition

Assigned Loans means all loans or other evidence of indebtedness owned or hereafter originated or acquired by Borrower or any Guarantor which are not pledged to secure Debt other than the Credit Facilities to the extent such other Liens are permitted by Section 8.7.
Assigned Loans shall have the meaning set forth in Section 2.1(a)(6).
Assigned Loans means, collectively, the loans and lines of credit that are listed in Schedule 1(a)(5), plus any Additional Assigned Loans as may be added to Schedule 1(a)(5) pursuant to Section 13(h). On or prior to the Closing Date, Buyer may elect to delete any asset from the definition of Assigned Loans, in its sole and absolute discretion, up to five Business Days prior to Closing.

Examples of Assigned Loans in a sentence

  • Accordingly, the entire amount of the Assigned Loans could be settled without any cash outflow of the Group while the Company, pursuant to the Facility Letter is permitted to draw the facility until the earlier of (a) 30 September 2012, being one month before the final repayment date under the Facility Letter; and (b) the date on which the amount of available facility is reduced to zero.

  • Assigned Interest: Aggregate Amount of Amount of Percentage Commitment/ Commitment/ Assigned of Facility Loans for all Loans Commitment/ CUSIP Assignor[s] Assignee[s] Assigned Lenders Assigned Loans Number $ $ % $ $ % $ $ % [7.

  • The Company has agreed to the Setting Off arrangement which in effect capitalised the Assigned Loans of HK$128,054,101.26 into new equity of the Company thus reducing the gearing of the Group; and at the same time increasing the availability of the facility under the Facility Letter by the amount of HK$104,667,902.02 (being the amount of the Assigned Yeung Loan) and providing more financial resources of the Company to meet its working capital requirement.

  • The aggregate Subscription Price of the SR Shares will be settled by way of setting off of the entire amount of the Assigned Loans on a dollar-to-dollar basis.

  • The City of Miramichi or the Greater Miramichi Regional Service Commission may choose to enforce these recommendations.


More Definitions of Assigned Loans

Assigned Loans means the Acquired Loans included in the Asset Portfolios which are Eligible Investments, and which have not been disposed of by the applicable Borrower as contemplated and permitted by this Agreement and the other Loan Documents.
Assigned Loans as defined in the Assignment and Assumption Agreement.
Assigned Loans has the meaning set forth in the recitals hereto.
Assigned Loans shall have the meaning set forth in Section 2.16(d).
Assigned Loans means the Loans of Non-Extending Lenders to be replaced pursuant to Section 2.16(b)(ii)(B).
Assigned Loans means the loans described in Schedule 2 as may be amended from time to time, and references to the Assigned Loans include references to any part of them, including without limitation, the benefit of all Related Security for each Loan;
Assigned Loans means all of Seller’s Loans, excluding Overdrafts and the Excluded Loans.