Loan Participation Counterparty definition

Loan Participation Counterparty means the seller or issuer of a Loan Participation.

Loan Participation Counterparty means the seller or issuer of a Loan Participation. “Loans” means loans made or to be made to the Borrower by the Banks pursuant to Section 2.01 hereof. “Managing Body” means (a) with respect to the Borrower, the Board of Directors thereof, and (b) with respect to any other Person, the board of directors or other similar managing body thereof. “Margin Stock” has the meaning assigned to such term in Regulation U. “Material Adverse Effect” means (a) a material adverse effect on the ability of the Borrower to fully perform its obligations under this Agreement or any of the other Loan Documents, (b) a material adverse effect on the Agent’s right, title and interest, on behalf of itself and the Banks, in the collateral pledged to it pursuant to the Security Documents, or on the rights and remedies of the Agent and the Banks under this Agreement or under any of the other Loan Documents, (c) a material adverse effect on the validity or enforceability of this Agreement or any of the other Loan Documents, (d) a material adverse effect on the business, financial position, condition, operations, assets or properties of the Borrower or the Investment Adviser, or (e) a Default. “Material Litigation” means, with respect to the Borrower, any action, suit, proceeding or investigation of any kind pending against, or threatened in writing against or affecting, the Borrower or any Subsidiary thereof, or any property of the Borrower or any such Subsidiary, USA.605252047.1/MPD 17

Examples of Loan Participation Counterparty in a sentence

• If the Loan Participation Agreement is terminated by the Loan Participation Counterparty pursuant to the Loan Participation Agreement, the Loan Participation Securities will be redeemed by Physical Delivery (as defined in Condition 8(l)(ii)).

• If the Loan Participation Agreement is terminated by the Loan Participation Counterparty pursuant to the Loan Participation Agreement, the Loan Participation Securities will be redeemed by Physical Delivery (as defined in Condition 8(n)(ii)).

• If the Loan Participation Agreement is terminated by the Loan Participation Counterparty pursuant to the Loan Participation Agreement, the Loan Participation Securities will be redeemed by Physical Delivery (as defined in Condition 8(m)(ii)).

• The operation of resolution regimes and their application to cross-border financial institutions is complex and the resolution of any obligor of Charged Assets, the Swap Agreement Counterparty, the Repurchase Agreement Counterparty or the Loan Participation Counterparty is likely to adversely affect the Securities in multiple and unpredictable ways.