Examples of Participation Loans in a sentence
The participations created with respect to the Participation Loans and the sale to the Originator with respect to the Acquired Loans do not violate any provisions of the underlying Required Asset Documents and such documents do not contain any express or implied prohibitions on participations or sales of such Loans other than those that have been complied with.
With respect to Participation Loans, Acquired Loans and Assigned Loans, the Servicer shall: (i) segregate all Loan Files with respect to such Loans; (ii) keep separate records with respect to such Loans; and (iii) identify each such Type of Loan on the Servicing Reports required hereunder with respect to such Loans.
With respect to Participation Loans and Acquired Loans, the Servicer shall: (i) take all actions necessary, if any, under the related documents to recognize the consummation of the 2009 Restructuring while maintaining and preserving all rights and remedies of the parties under this Agreement; (ii) keep separate records with respect to such Loans; and (iii) identify each such Type of Loan on the Servicing Reports required hereunder with respect to such Loans.
With respect to Participation Loans and Assigned Loans, the Servicer shall: (i) segregate all Loan Files with respect to such Loans; (ii) keep separate records with respect to such Loans; and (iii) identify each such Type of Loan on the Servicing Reports required hereunder with respect to such Loans.
The participations created with respect to the Participation Loans and the sale to the Originator with respect to the Acquired and Assigned Loans do not violate any provisions of the underlying Required Asset Documents and such documents do not contain any express or implied prohibitions on participations or sales of such Loans.
The participations created with respect to the Participation Loans and the sale to the applicable Originator with respect to the Assigned Loans do not violate any provisions of the underlying Required Loan Documents and such documents do not contain any express or implied prohibitions on participations or sales of such Loans.
With respect to Participation Loans and Acquired Loans, the Servicer shall: (i) [intentionally omitted]; (ii) keep separate records with respect to such Loans; and (iii) identify each such Type of Loan on the Servicing Reports required hereunder with respect to such Loans.
The participations created with respect to the Participation Loans and the sale to the Originator with respect to the Acquired Loans and Assigned Loans do not violate any provisions of the underlying Required Asset Documents and such documents do not contain any express or implied prohibitions on participations or sales of such Loans.
Make advances, loans or extensions of credit to any Person, including particularly, but without limitation, to any Subsidiary or any other Affiliate, except (i) loans made to Mortgagor Customers of Eligible Mortgage Loans in the Ordinary Course of Business, (ii) Designated Mortgage Loans described on Schedule 7.3(a) and in effect on the Original Closing Date, and (iii) Designated Participation Loans described on Schedule 7.3(b) and in effect on the Original Closing Date.
Prior to the Closing Date, Seller will repurchase from its Affiliates the participation interests in the Participation Loans, and such Participation Loans will be included in the Purchased Assets.