Assigned Notes definition
Examples of Assigned Notes in a sentence
The Security Deeds, the Assignments of Leases and Rents, the Pledge Agreements and the UCC-1 financing statements, the Assigned Note Assignments and all documents securing the Assigned Notes assigned thereby.
The Assignments of Liens and Documents from Borrower to the Agent pursuant to which the Assigned Notes and all related loan documents and Security Documents are assigned to the Agent.
The mortgages and deeds of trust from the Mortgagor to the Agent pursuant to which the Mortgagor shall convey the Mortgaged Properties as security for the Obligations and the mortgages which secure the Assigned Notes and which are assigned to the Agent pursuant to the Assigned Note Assignments.
Each Assigned Note shall bear interest at a rate not less than the LIBOR Rate (as defined in the Assigned Notes) plus 300 basis points per annum but in no event less that eight percent (8%) per annum.
Make loans or advances to any Person, including, without limitation, any Affiliates, partners or employees of any Borrower except for loans evidenced by the Assigned Notes.
ARCC owns no assets other than the Assigned Notes and has no business operations other than its loans to Synthetic Lessors in connection with the Synthetic Lease Transactions.
Each Buyer Assignee agrees to release the Buyer from any and all obligations it may have pursuant to the SPA or any Transaction Document in relation to the Assigned Notes purchased by such Buyer Assignee and agrees to hold harmless the Buyer with respect to any misrepresentation made by the Company hereunder with respect to the such Assigned Notes.
By execution of this Agreement, the Assigned Notes are being consolidated, amended, restated and bifurcated into the Revolving Credit Notes delivered as of the date of this Amendment having an aggregate principal face amount of $125,000,000.00.
If there are Assigned Notes, then all payments made under this Note shall be made pro rata among all holders of the Assigned Notes.
Borrower hereby represents and warrants to the Agent and each Lender that there exists no defense, offset or counterclaim with respect to Borrower’s obligations under and of the Assigned Notes as set forth herein.