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
It is acknowledged and agreed that neither the Securities Intermediary nor the Custodian nor the Collateral Agent 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.
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. The meaning specified in Section 3.3(c). “LOC Agent Bank”: The meaning specified in the definition of the term “Letter of Credit Reimbursement Obligation.” “London Banking Day”: A day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in London, England. “LSTA”: The Loan Syndications and Trading Association. “Maintenance Covenant”: A covenant by any Obligor to comply with one or more financial covenants during each reporting period, whether or not such Obligor has taken any specified action. “Majority”:
Loan Assignment Agreement. The meaning specified in Section 6.4(e).
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 has the meaning set forth in Section 3.3(b)(ii). “Noteless Loan” means a Loan with respect to which (i) the related loan agreement does not require the obligor to execute and deliver an Underlying Note to evidence the indebtedness created under such Loan and (ii) no Underlying Notes are outstanding with respect to the portion of the Loan transferred to the issuer or the prior holder of record. “Participation” means an interest in a Loan that is acquired indirectly by way of a participation from a selling institution. “Person” means any individual, corporation, partnership, limited liability company, joint venture, association, joint stock company, trust (including any beneficiary thereof) 2
Loan Assignment Agreement means the agreement to be dated as of the Brokerage Closing Date between Buyer and Seller relating to the assignment of the Broker Loans to Buyer, substantially in the form attached as Exhibit F.