Note Funding Agreement definition
Examples of Note Funding Agreement in a sentence
Capitalized terms used herein without definition shall have the meanings set forth in the Note Funding Agreement.
Each of the Credit Policy and the Collection Policy attached hereto as Exhibit J and Exhibit K, respectively (as the same may be amended from time to time in accordance with the provisions of this Indenture and the Note Funding Agreement), fairly represent the policies of the Servicer and, to the best knowledge of the Servicer, the Collection Policy is materially consistent with the customary standard of prudent servicers of loans secured by timeshare interests.
Notice of any Borrowing shall be given by the Issuer to the Agent as provided for in the Note Funding Agreement.
From and after the Joinder Effective Date, the Additional Purchaser shall be a Purchaser party to the Note Funding Agreement for all purposes thereof having an initial Commitment Percentage and a Commitment, if applicable, as set forth in such Schedule II.
Notwithstanding anything in this Section 2.4 or elsewhere in this Indenture or the Notes, the transfer restrictions described herein shall apply only to the Noteholders and shall not apply to the Purchasers whose rights to transfer interests in the Notes are governed solely by Section 8 of the Note Funding Agreement.
Concurrently with the execution and delivery hereof, the Additional Purchaser will deliver to the Issuer and the Indenture Trustee an executed Investment Letter in the form of Exhibit A to the Note Funding Agreement.
The initial Servicer will cause to be delivered all reports required to be delivered by Diamond Resorts Corporation under the Note Funding Agreement.
From and after the Joinder Effective Date, the Additional Purchaser shall be a [Bank][Conduit] Purchaser party to the Note Funding Agreement for all purposes thereof having an initial Funding Percentage and a Commitment, if applicable, as set forth in such Schedule II.
Notice of any Borrowing shall be given by the Issuer to the Funding Agents as provided for in the Note Funding Agreement.
The Purchaser expressly agrees to be bound by the terms of the Note Funding Agreement, including but not limited to the confidentiality provision and the restrictions on transfer set forth in Section VIII thereof.