Borrower Assignments definition

Borrower Assignments means, collectively, the Assignment of Development Agreement and Developer Fee Subordination Agreement, dated as of January 1, 2022, by the Borrower and the Developer for the benefit of the Bank; the Environmental Indemnity Agreement, dated as of January 1, 2022, by the Borrower and the Guarantor in favor of the Bank; the Guaranty of Payment and Performance, dated as of January 1, 2022, by the Guarantor in favor of the Bank; the Continuing Covenant Agreement; the Disbursement Agreement; the Assignment of Construction Contracts, dated as of January 1, 2022, by the Borrower in favor of the Bank; the Assignment of Management Contracts and Subordination of Management Fees, dated as of January 1, 2022, by the Borrower in favor of the Bank; and the Assignment of Development Agreement and Developer Fee Subordination Agreement, dated as of January 1, 2022, by the Borrower and the Developer in favor of the Bank.
Sample 1
Borrower Assignments means, collectively, the Assignment of Development Agreement and Developer Fee Subordination Agreement, made effective as of [ ] 1, 2021, by the Borrower for the benefit of the Bank; the Environmental Indemnity Agreement, the Guaranty; the Continuing Covenant Agreement; the Disbursement Agreement; the Assignment of Construction Contracts, made effective as of [ ] 1, 2021, by the Borrower in favor of the Bank; and the Assignment of Management Contracts and Subordination of Management Fees, and made effective as of [ ] 1, 2021, by the Borrower in favor of the Bank.
Sample 1
Borrower Assignments means, collectively, (i) the Assignment of Development Agreement and Developer Fee Subordination Agreement, made effective as of November 1, 2018, by the Borrower for the benefit of the Bank; (ii) the Environmental Indemnity Agreement, (iii) the Guaranty; (iv) the Assignment of Construction Contracts, made effective as of November 1, 2018, by the Borrower in favor of the Bank; and (v) the Assignment of Management Contracts and Subordination of Management Fees, and made effective as of November 1, 2018, by the Borrower in favor of the Bank.
Sample 1

Examples of Borrower Assignments in a sentence

  • Whenever any Event of Default under Section 7.1 hereof shall have happened and be continuing, the Bank may take whatever remedial steps as may be allowed under the law, this Bank Loan Agreement, the Continuing Covenant Agreement, the Deed of Trust and the Borrower Assignments.

  • Whenever any Event of Default under Section 7.01 hereof shall have happened and be continuing, the Bank may take whatever remedial steps as may be allowed under the law, this Bank Loan Agreement, the Deed of Trust and the Borrower Assignments.


More Definitions of Borrower Assignments

Borrower Assignments means, collectively, (i) the Assignment of Development Agreement and Developer Fee Subordination Agreement, made effective as of November 1, 2018, by the Borrower for the benefit of the Bank; (ii) the Environmental Indemnity Agreement, made effective as of November 1, 2018, by the Borrower and the Guarantor in favor of the Bank;
Sample 1
Borrower Assignments means, collectively, the Assignment of Development Agreement and Developer Fee Subordination Agreement, dated as of June 1, 2022, by the Borrower and the Developer for the benefit of the Bank; the Environmental Indemnity Agreement, dated as of June 1, 2022, by the Borrower and the Guarantor in favor of the Bank; the Guaranty of Payment and Performance, dated as of June 1, 2022, by the Guarantor in favor of the Bank; the Continuing Covenant Agreement; the Disbursement Agreement; the Assignment of Construction Contracts, dated as of June 1, 2022, by the Borrower in favor of the Bank; and the Assignment of Management Contracts and Subordination of Management Fees, dated as of June 1, 2022, by the Borrower in favor of the Bank.
Sample 1

Related to Borrower Assignments

  • Collateral Assignments means, collectively, the Assignment of the Development Agreement, and the Assignment of Management Agreement, the Assignment of the Right to Receive Tax Credits, Capital Contributions and Partnership Interests, each in form and substance satisfactory to the Significant Bondholder and the Financial Monitor and as each may be amended or supplemented from time to time with the prior written consent of the Significant Bondholder.

  • Lender Assignment Agreement means an assignment agreement substantially in the form of Exhibit D hereto.

  • Loan Assignment has the meaning set forth in the Purchase and Sale Agreement.

  • Borrower Agreement shall have the meaning provided such term in Section 3(a) hereof.

  • Collateral Assignment means, with respect to any Contracts, the original instrument of collateral assignment of such Contracts by the Company, as Seller, to the Collateral Agent, substantially in the form included in Exhibit A hereto.

  • Borrower Loan Agreement means the Borrower Loan Agreement, of even date herewith, between the Governmental Lender and the Borrower, as supplemented, amended or replaced from time to time in accordance with its terms.

  • Subsidiary Loan Agreements means the agreements to be entered into pursuant to Section 3.01 (b) of this Agreement, as the same may be amended from time to time, and such term includes all schedules to the Subsidiary Loan Agreements;

  • Borrower Security Agreement means the Security Agreement, dated as of the date hereof, between Borrower and the Agent.

  • Domestic Loan Parties means, collectively, the Company and the Guarantors.

  • Mortgage Assignment means an assignment of the Mortgage in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage.

  • Charter Assignment means a specific assignment of any Extended Employment Contract required to be executed hereunder by either Owner in favour of the Bank (including any notices and/or acknowledgements and/or undertakings associated therewith) in such form as the Bank may require in its sole discretion;

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • Borrower Loan Documents shall have the meaning given such term in the Borrower Loan Agreement.

  • Subsidiary Loan Parties means (a) the Subsidiaries identified on Schedule I and (b) each other Subsidiary that becomes a party to this Agreement as a Subsidiary Loan Party after the Effective Date.

  • Existing Loan Documents means the “Loan Documents” as defined in the Existing Credit Agreement.

  • Insurance Assignment each collateral assignment of insurance pursuant to which an Obligor assigns to Agent, for the benefit of Secured Parties, such Obligor’s rights under key-man life, business interruption or other insurance policies as Agent deems appropriate, as security for the Obligations.

  • Affiliated Lender Assignment and Assumption means an assignment and assumption entered into by a Lender and an Affiliated Lender (with the consent of any party whose consent is required by Section 9.05) and accepted by the Administrative Agent in the form of Exhibit A-1 or any other form approved by the Administrative Agent and the Borrower.

  • Permitted Loan Purchase Assignment and Acceptance means an assignment and acceptance entered into by a Lender as an Assignor and Holdings, the Borrower or any of the Subsidiaries as an Assignee, as accepted by the Administrative Agent (if required by Section 9.04) in the form of Exhibit F or such other form as shall be approved by the Administrative Agent and the Borrower (such approval not to be unreasonably withheld or delayed).

  • Co-Lender Agreement With respect to any Loan Combination, the co-lender agreement, intercreditor agreement, agreement among noteholders or similar agreement, dated as of the date set forth in the Loan Combination Table under the column heading “Date of Co-Lender Agreement” and governing the relative rights of the holders of the related Mortgage Loan and Companion Loan(s), as the same may be amended, restated or otherwise modified from time to time in accordance with the terms thereof. A Co-Lender Agreement exists with respect to each Loan Combination as of the Closing Date.

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • Existing Lenders as defined in the recitals hereto.

  • Collateral Assignment Agreement has the meaning set forth in Section 10.05.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • prospective assignment means an assignment that is intended to be made in the future, upon the occurrence of a stated event, whether or not the occurrence of the event is certain;

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.