Permitted Loan and Collateral Transfer definition

Permitted Loan and Collateral Transfer means the simultaneous assignment of a Loan and sale of the Collateral securing same to an Eligible Borrower in a transaction consented to by Lender. Person means an individual, partnership, corporation, limited liability company, business trust, joint stock company, trust, unincorporated association, joint venture or other entity of whatever nature. Primary Dealer means each financial institution appearing from time to time on the Federal Reserve Bank of New York’s list of “Primary Government Securities Dealers Reporting to the Government Securities Dealers Statistics Unit of the Federal Reserve Bank of New York” that is a party to this Agreement from time to time, individually and as agent for its Applicable Borrowers.
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Permitted Loan and Collateral Transfer means the simultaneous assignment of a Loan and sale of the Collateral securing same to an Eligible Borrower in a transaction consented to by ▇▇▇▇▇▇. Person means an individual, partnership, corporation, limited liability company, business trust, joint stock company, trust, unincorporated association, joint venture or other entity of whatever nature. Prepayment Notice means a prepayment notice in the form of Appendix 6.
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Permitted Loan and Collateral Transfer means the simultaneous assignment of a Loan and sale of the Collateral securing same to an Eligible Borrower in a transaction consented to by ▇▇▇▇▇▇. Person means an individual, partnership, corporation, limited liability company, business trust, joint stock company, trust, unincorporated association, joint venture or other entity of whatever nature. Prime Rate Margin means, with respect to each Floating Rate Prime Rate Loan made on the same Loan Closing Date, the interest margin below the Prime Rate (denominated in basis points), announced by Lender in advance of such Loan Closing Date and set forth in the TALF Standing Loan Facility Procedures, applicable to Floating Rate Prime Rate Loans to be made under TALF on such Loan Closing Date.
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Examples of Permitted Loan and Collateral Transfer in a sentence

  • No Borrower may assign any of its rights or obligations hereunder except pursuant to a Permitted Loan and Collateral Transfer.

  • Without limiting the foregoing, in the case of a proposed Permitted Loan and Collateral Transfer involving a Loan secured by Legacy CMBS Collateral, Lender may condition its consent on the making by the Assignee of such additional representations and warranties concerning such Legacy CMBS Collateral as Lender shall require at such time (if any).

  • Without limiting the foregoing, in the case of a Permitted Loan and Collateral Transfer involving a Loan secured by Legacy CMBS Collateral, Lender may condition its consent on the making by the Assignee of such additional representations and warranties concerning such Legacy CMBS Collateral as Lender shall require at such time (if any).

  • Without limiting the foregoing, in the case of a proposed Permitted Loan and Collateral Transfer involving a Loan secured by CMBS Collateral, Lender may condition its consent on the making by the Assignee of such additional representations and warranties concerning such CMBS Collateral as Lender shall require at such time (if any).

Related to Permitted Loan and Collateral Transfer

  • Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.

  • Loan Collateral With respect to any Mortgage Loan, the related Mortgaged Property and any personal property securing the related Mortgage Loan, including any lessor’s interest in such property, whether characterized or recharacterized as an ownership or security interest, and including any accounts or deposits pledged to secure such Mortgage Loan, and any Additional Collateral.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • Additional Collateral Loan Each Mortgage Loan that is supported by Additional Collateral.

  • Additional Collateral Any of the following held, in addition to the related Mortgaged Property, as security for a Mortgage Loan: (i) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as security for the repayment of such Mortgage Loan, (ii) third-party guarantees, and (A) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as collateral for such guarantee or (B) any mortgaged property securing the performance of such guarantee, or (iii) such other collateral as may be set forth in the Series Supplement.