Assignment of Notes definition
Examples of Assignment of Notes in a sentence
Notwithstanding the security interest granted by Borrower to Bank in the Collateral, Borrower understands and agrees that should Bank request such in writing, Borrower will execute and deliver to its Closing Agent(s) for subsequent delivery to Bank, a separate Collateral Assignment of Notes, Deeds of Trust/Mortgages and Security Agreement with respect to each Eligible Mortgage Loan to be funded, in whole or in part with an Advance or Advances hereunder.
Interest means that certain Assignment of Notes, Liens and Security Interests dated of even date herewith among Borrower, Quest Parent, Guggenheim Corporate Funding, LLC, as administrative agent and each other lender party to the Prior First Lien Credit Agreement, as assignors, and Administrative Agent, as assignee, in form and content satisfactory to Administrative Agent.
The term "Assignment of Notes Receivable and Mortgages" shall mean a recordable Collateral Assignment of Notes Receivable and Mortgages, in the form attached hereto as Exhibit A, made by Borrower in favor of Agent, as collateral agent for each Lender, evidencing the assignment to Agent, as collateral agent for each Lender, of all of the Pledged Notes Receivable and Mortgages.
The Prior Loan Agreement and all Loan Documents and Security Instruments (as defined in the Prior Loan Agreement) referred to therein have, as of the Closing, been assigned from Bank One, Texas, N.A., as the sole lender under the Prior Loan Agreement, to Bank One, Texas, N.A., as Agent hereunder, for the benefit of the Banks and the LC Issuer, pursuant to an Assignment of Notes and Liens delivered in satisfaction of Section 3.01(G) of this Agreement.
The term “Assignment of Notes Receivable and Mortgages” shall mean a recordable Collateral Assignment of Notes Receivable and Mortgages, in the form attached hereto as Exhibit A, made by Borrower in favor of Agent evidencing the assignment to Agent, as collateral agent for each Lender, of all of the Pledged Notes Receivable and Mortgages.
Notwithstanding the foregoing, the Borrower shall cause any Restricted Subsidiary that makes a loan to a Non-Guarantor Subsidiary at any time to execute and deliver an Assignment of Notes substantially in the form of Exhibit B attached hereto at the time of the making of such loan.
Not less than 2 Business Days prior to the making of each Loan Advance, the Borrower shall submit to Bank a Request for Advance, a form of which is attached hereto as EXHIBIT B, together with the Notes and Documents, as defined and more particularly set forth in the Collateral Assignment of Notes and Documents.
The Security Agreement duly executed by the Borrowers, the Intellectual Property Assignment, the Collateral Assignment of Notes, and the Acquisition Agreement Assignment.
As used in this Agreement, the terms "Administrative Agent," "AEC," "AIC," "Assignment of Notes, Documents and Liens," "Atlas Energy," "Atlas Holdings," "Atlas Noble," "Atlas PA," "Atlas Pipeline," "Atlas Resources," "Borrower," "Guarantors," "Issuing Bank," "Lender," "Lenders," "Obligors," "Parent," "PNC," "Prior Credit Agreement," "Prior Debt," "Prior Lenders," "REI," "Resource Energy," "Co-Documentation Agent," and "Viking" shall have the meanings indicated above.
The second sentence of the Master Assignment of Notes and Liens, beginning with "The Notes are secured ..." and ending with "...