Permitted Loan Purchase definition

Permitted Loan Purchase shall have the meaning assigned to such term in Section 9.04(i).
Permitted Loan Purchase has the meaning specified in Section 11.1(h) hereof.
Permitted Loan Purchase has the meaning assigned to such term in Section 2.05(d)(i).

Examples of Permitted Loan Purchase in a sentence

  • This Permitted Loan Purchase Assignment and Acceptance may be executed in any number of counterparts, which together shall constitute one instrument.

  • The failure of any Lender to indicate its election to participate in such proposed Permitted Loan Purchase shall be deemed an express election by such Lender to not participate in such proposed Permitted Loan Purchase.

  • The Assignment Agreement executed in connection with any Permitted Loan Purchase shall include the following representations: Each party to this Assignment represents and warrants to each Agent and each Lender that it has made its own independent investigation of the facts and circumstances surrounding this Assignment and the transactions contemplated hereby, and has not relied in any way on any statement, advice or recommendation of any Agent or Lender in connection herewith or therewith.

  • This Permitted Loan Purchase Assignment and Acceptance shall be governed by, and construed in accordance with, the law of the State of New York.

  • This Permitted Loan Purchase Assignment and Acceptance shall be binding upon, and inure to the benefit of, the parties hereto and their respective successors and assigns.


More Definitions of Permitted Loan Purchase

Permitted Loan Purchase means one or more purchases by the Borrower of Loans that are not yet due and owing to any Lender; provided that (i) each offer to purchase Loans shall be for a minimum principal amount of not less than $5,000,000 (although the Loans actually purchased pursuant to such offer may be less than $5,000,000 if less than that amount is submitted for sale by Lenders in response to such purchase offer), (ii) the aggregate principal amount of all such purchases shall not exceed the lesser of (x) $50,000,000 and (y) Loan Purchase Limit then in effect, (iii) all such purchases shall be consummated on or before December 31, 2009, (iv) such purchases shall be implemented pursuant to an offer in the form of Exhibit A attached to the First Amendment, which offer is made to all Lenders; provided that the initial Permitted Loan Purchase shall be implemented pursuant to an offer in the form of Exhibit B attached to the First Amendment, (v) the Borrower shall not borrow under the Revolving Credit Facility for the purpose of funding any such Permitted Loan Purchase and (vi) the Borrower and the assigning Lender(s) shall have executed and delivered to Administrative Agent an Assignment Agreement pursuant to Section 10.6(d). Notwithstanding anything to the contrary in the foregoing, clauses (i) and (iv) of the preceding sentence will not apply with respect to Permitted Loan Purchases of up to $5,000,000 in aggregate principal amount purchased, provided such purchases otherwise meet the foregoing definition of a “Permitted Loan Purchase”.
Permitted Loan Purchase as defined in Section 10.6(i).
Permitted Loan Purchase has the meaning specified in Section 12.6(j).
Permitted Loan Purchase means any purchase of Loans by the Borrower in an aggregate principal amount for all such purchases of not more than $650.0 million, which (i) shall close on or before March 31, 2009 and (ii) shall be implemented pursuant to an offer in the form of Exhibit A attached to that certain Amendment No. 2 to Credit Agreement, dated as of November 13, 2008, which offer is made to all Lenders; provided that the initial Permitted Loan Purchase shall be implemented pursuant to an offer in the form of Exhibit B attached to that certain Amendment No. 2 to Credit Agreement, dated as of November 13, 2008, which offer is made to all Lenders.
Permitted Loan Purchase has the meaning assigned to such term in Section 9.10 ..“Permitted Loan Purchase Assignment and Assumption ” means an assignment and assumption entered intoby a Lender as an assignor and Holdings, the Borrower or any of the Subsidiaries as an assignee, as accepted by theAdministrative Agent (if required bySection 9.10 ) in the form of Exhibit B-2 or such other form as shall beapproved by the Administrative Agent and the Borrower (such approval not to be unreasonably withheld ordelayed).“Permitted Non-Collateral Ratio Debt ” has the meaning assigned to such term in the definition of“Permitted First Lien Ratio Debt.”-36-141683210_5 163765871_7 22-31184-1 C1.1 P58
Permitted Loan Purchase has the meaning assigned to such term in the Term Loan Credit Agreement as in effect on the date hereof (after giving effect to the first amendment thereto).
Permitted Loan Purchase has the meaning specified in Section 9.04(e). “Permitted Receivables Facility” means the receivables facility or facilities created under the Permitted Receivables Facility Documents, providing for the sale or pledge by the Borrower and/or one or more other Receivables Sellers of Permitted Receivables Facility Assets (thereby providing financing to the Borrower and the Receivables Sellers) to the Receivables Entity (either directly or through another Receivables Seller), which in turn shall sell or pledge interests in the respective Permitted Receivables Facility Assets to third-party investors pursuant to the Permitted Receivables Facility Documents (with the Receivables Entity permitted to issue investor certificates, purchased interest certificates or other similar documentation evidencing interests in the Permitted Receivables Facility Assets) in return for the cash used by the Receivables Entity to purchase the Permitted Receivables Facility Assets from the Borrower and/or the respective Receivables Sellers, in each case as more fully set forth in the Permitted Receivables Facility Documents. 31 #92274486v19