Examples of Portfolio Loan Documents in a sentence
Upon the occurrence of an Event of Default described in Section 13(c) hereof, Holder shall have the option, in its sole discretion, to either (a) exercise any remedies available to it under the Loan Documents and the Portfolio Loan Documents, at law or in equity, or (b) require Maker to submit a new proposed budget for Holder’s approval.
Except as otherwise expressly agreed by Trustee and Agent or expressly provided otherwise herein, Servicer will, immediately upon receipt, deliver to Trustee all original Portfolio Loan Documents and other documents and instruments evidencing Portfolio Loans.
Trustee shall upon its receipt of each such Request for Release executed by Borrower and Agent promptly, but in any event within two (2) Business Days, return the Portfolio Loan Documents so requested to Borrower.
Trustee will not dispose of any Portfolio Loan Documents in any manner that is inconsistent with the performance of its obligations as Trustee pursuant to this Agreement and will not dispose of any Collateral except as contemplated by this Agreement.
As of the Closing Date and the USB V Holdback Release Date, there is $2,891,416 on deposit in or credited to the accounts of the Portfolio Entities (including the USB V Portfolio Entities) that is available for distribution to the Borrower subject only to any prohibitions on distribution set forth in the Portfolio Loan Documents and, in the case of the USB V Portfolio Entities, the occurrence of the USB V Transfer Date.
Borrower’s Approved Forms, Required Procedures, Portfolio Loan Documents and other standard forms and documents evidencing and executed in connection with Portfolio Loans or Purchased Participations and all actions and transactions by Borrower in connection therewith comply in all material respects with all applicable laws.
Borrower shall cause the Portfolio Entities to make distributions to Borrower at least once per quarter, provided that there is cash available to distribute and such distributions are permitted by the applicable Portfolio Loan Documents, Tax Equity Documents and any ABS Transaction Documents.
Borrower represents that it is the sole legal and beneficial owner of each Eligible Loan, and all related Portfolio Loan Documents, and that Borrower has not issued or sold any participation interest or other ownership interest (legal, beneficial or otherwise) with respect thereto.
Servicer shall return to Trustee the Portfolio Loan Documents (i) promptly upon the request of Agent, or (ii) otherwise in accordance with this Agreement.
Cause the Required Procedures, the Portfolio Loan Documents and all actions and transactions by Parent, Borrower or Servicer in connection therewith to comply in all material respects with all Applicable Laws.