Loan Assignment Agreement definition

Loan Assignment Agreement has the meaning assigned to such term in Section 8.1(d).

Loan Assignment Agreement has the meaning set forth in Section 3.3(b)(ii).

Loan Assignment Agreement in favor of the Borrower as assignee, (b) any such Loan Assignment Agreement (and the registration of the related Loan Assets on the books and records of the applicable obligor or bank agent) shall be registered in the name of the Borrower and (c) any duty on the part of the Document Custodian with respect to such Loan Asset (including in respect of any duty it might otherwise have to maintain a sufficient quantity of such Loan Asset for purposes of UCC Section 8-504) shall be limited to the exercise of reasonable care by the Document Custodian in the physical custody of any such Loan Assignment Agreement that may be delivered to it; provided that the Document Custodian shall maintain such Loan Assignment Agreements as required by this Agreement. It is acknowledged and agreed that neither the Document Custodian nor the Securities Intermediary is under a duty to examine underlying credit agreements or loan documents to determine the validity or sufficiency of any Loan Assignment Agreement (and shall have no responsibility for the genuineness or completeness thereof), or for the Borrower’s title to any related Loan Asset.

Examples of Loan Assignment Agreement in a sentence

• The provisions of this Section shall not however (i) constitute a waiver, release or impairment of any obligation evidenced or secured by this Note, the Loan Agreement or the Mortgage Loan Assignment Agreement, (ii) affect the validity or enforceability of any indemnity made in connection with this Note, the Loan Agreement or the Mortgage Loan Assignment Agreement, or (iii) impair the enforcement of the Mortgage Loan Assignment Agreement.

• Any failure of Lender to insist upon strict performance by Borrower of any of the provisions of this Note, the Loan Agreement or the Mortgage Loan Assignment Agreement shall not be deemed a waiver of any of the terms or provisions of this Note, the Loan Agreement or the Mortgage Loan Assignment Agreement, and Lender shall have the right thereafter to insist upon strict performance by Borrower of any and all of them.

• Except for any notices expressly provided for in this Note, the Loan Agreement or the Mortgage Loan Assignment Agreement, Borrower and all others who may become liable for the payment of all or any part of the Debt do hereby severally waive presentment and demand for payment, notice of dishonor, protest and notice of protest and non-payment and all other notices of any kind.

• No notice to or demand on Borrower shall be deemed to be a waiver of the obligation of Borrower or of the right of Lender to take further action without further notice or demand as provided for in this Note, the Loan Agreement or the Mortgage Loan Assignment Agreement.

• Borrower (and the undersigned representative of Borrower, if any) represents that Borrower has full power, authority and legal right to execute and deliver this Note, the Loan Agreement and the Mortgage Loan Assignment Agreement and that this Note, the Loan Agreement and the Mortgage Loan Assignment Agreement are valid and binding in accordance with their terms.

More Definitions of Loan Assignment Agreement

Loan Assignment Agreement means a Secondary Participation Guaranty and Certification Agreement on SBA Form 1086 or other SBA approved agreement for the purchase of the SBA Guaranteed Portion of an SBA 7(a) Loan.

Loan Assignment Agreement has the defined meaning assigned in Section 14.10(f);

Loan Assignment Agreement has the meaning ascribed to it in Section 8.01(a). "Loan Documents" has the meaning ascribed to it in Section 2.04(b). "Market Value" means, on any date of determination, (i) with respect to each Portfolio Investment held by the Company that is a First Lien Loan or a Second Lien Loan, the aggregate outstanding amount of such Portfolio Investment multiplied by (x) the indicative bid-side price determined by one of Markit Partners, Reuters Loan Pricing Corporation or any other contributor-based pricing provider agreed to by the Company and the Administrative Agent in writing (which may be by email) (each, an "Approved Pricing Service") or (y) if the Administrative Agent determines in its sole discretion that the indicative bid-side price to be obtained in clause (x) above is unavailable or is not indicative of the actual current market value, the market value of such First Lien Loan or Second Lien Loan as determined by the Administrative Agent in good faith and in a commercially reasonable manner; (ii) with respect to any other Portfolio Investment held by the Company, the aggregate outstanding amount of such Portfolio Investment multiplied by the market value (expressed as a percentage) of such Portfolio Investment as determined by the Administrative Agent in good faith and in a commercially reasonable manner; and (iii) with respect to any cash held by the Company, the amount of such cash; provided, however, a Portfolio Investment shall have a Market Value of $0 if (i) the related Approval Request was not Approved by the Administrative Agent or (ii) it is an Ineligible Investment. Except as otherwise herein expressly provided, the Market Value for any Portfolio Investment shall not be greater than the par amount thereof. So long as no Coverage Event has occurred or Event of Default has occurred and is continuing, the Company (or the Investment Manager on its behalf) shall have the right to initiate a dispute of the Market Value of certain Portfolio Investments as set forth in Section 1.05 and Market Value may then be determine in accordance with Section 1.05. "Material Adverse Effect" means a material adverse effect on (a) the business, assets, operations or condition, financial or otherwise, of the Company or the Investment Manager, (b) the ability of the Company or the Investment Manager to perform its obligations under this

Loan Assignment Agreement. The meaning specified in Section 6.4(e).

Loan Assignment Agreement means the loan assignment agreement in the agreed form attached hereto as Annex I.

Loan Assignment Agreement the agreement entered into between BEA China and SMBC China on 28th February, 2018 in relation to the assignment and transfer of the rights under the Loan to SMBC China

Loan Assignment Agreement shall have the meaning given to such term in the Recitals.