Subject Loan definition
Examples of Subject Loan in a sentence
Bank shall cooperate with Purchaser in connection with the preparation of any such tax return to the extent such tax return relates to any Subject Loan during any time owned by Bank.
Notwithstanding anything to the contrary herein, solely during the Specified Period, the written consent of the Administrative Agent shall be required for any sale or substitution that would result in the aggregate Outstanding Balance of all Subject Loan Assets to be in excess of 50.0% of the SLA Threshold Amount.
P▇▇▇▇▇▇▇▇ agrees that it will make entries on its books and records to clearly indicate the purchase of each Subject Loan purchased by it hereunder.
P▇▇▇▇▇▇▇▇ agrees to reimburse Bank, upon receipt by P▇▇▇▇▇▇▇▇ from Bank of a written invoice, for any Transfer Taxes or Property Taxes relating to any Subject Loan purchased by Purchaser hereunder and paid by Bank.
On the Closing Date and simultaneously with the closing of the Loan Sale Agreement, Assignor shall assign to Assignee all of Assignor’s right, title and interest in and to the Purchase Option with respect to the Subject Loan.