Lender Transfer definition

Lender Transfer. Section 12.1 “New Subsidiary” Section 6.10

Lender Transfer is defined in Section 11.1(b).

Lender Transfer is defined in Section 12.1.

Examples of Lender Transfer in a sentence

• Each Lender shall provide Borrower and the Collateral Agent with written notice of a Lender Transfer delivered no later than five (5) Business Days prior to the date on which such Lender Transfer is consummated.

• From and after the date of a Lender Transfer, Lender shall automatically be released from liability for the performance of any obligation arising out of or relating to the Transferred Interests.

• Lender, from time to time and without the consent of any Credit Party, may assign, sell, or transfer all or any portion of its right, title, and interest, including servicing rights, in the Loan or the Loan Documents, in each case whether as part of a securitization or by participation, assignment, sale or other transfer (each, a “Lender Transfer,” with the interests that are the subject of the Lender Transfer being referred to as the “Transferred Interests”).

• This Guaranty is binding on Guarantor and its successors and assigns, and, if Guarantor is an individual, on such individual’s heirs, personal representatives, administrators, and executors, and including a debtor-in-possession on behalf of Guarantor, and shall inure to the benefit of Lender, its successors and assigns, including any Person obtaining any rights from Lender in a Lender Transfer.

• Lender shall provide Borrower notice of a Lender Transfer no later than the date on which such Lender Transfer occurs.

More Definitions of Lender Transfer

Lender Transfer. Section 12.1

Lender Transfer has the meaning set forth in Section 19.1.

Lender Transfer means all assignments, sales, or transfers in whole or in part of Lender’s interests in the Note, the Loan, or any of its rights under any of the Loan Documents, including servicing rights, whether as part of a securitization transaction or by participation, assignment, sale or other transfer.

Lender Transfer has the meaning specified in Section 7.1.

Lender Transfer has the meaning set forth in Section 11.3(a).

Lender Transfer any pledge, hypothecation or other customary encumbrance of (i) an interest in DCM to or by the current lenders of DFR in connection with the debt of DFR and the DFR Affiliates existing as of the date hereof or any DFR Affiliate or upon the refinancing of such existing debt, and (ii) an interest in any non-material assets of DCM (currently owned or acquired in the future) in connection with the purchase of such assets and to secure the repayment of the purchase price therefor, and which purchase and corresponding pledge, hypothecation or encumbrance occurs in the ordinary course, consistent with past practice.

Lender Transfer that: (a) results from (or in lieu of) Lender’s exercise of any rights and remedies of Lender, whether under the Loan Agreement or other loan documents, at law or in equity (“Xxxxxx’s Remedies”); or (b) is made by any transferee resulting from “(a)” or by any of its direct or indirect successors or assigns.