Underlying Assignment Agreement definition
Underlying Assignment Agreement. Any assignment and acceptance, assignment and assumption, joinder or other assignment agreement, the form of which is specified under the applicable Underlying Instruments for use when assigning the related Loan.
Underlying Assignment Agreement. Any assignment and acceptance, assignment and assumption, joinder or other assignment agreement, the form of which is specified under the applicable Underlying Instruments for use when assigning the related Loan. “Underlying Instruments”: The loan agreement, credit agreement, indenture or other agreement pursuant to which a Loan or Permitted Investment has been issued or created and each other agreement that governs the terms of or secures the obligations represented by such Loan or Permitted Investment or of which the holders of such Loan or Permitted Investment are the beneficiaries. “United States”: The United States of America. “Unfunded Exposure Account”: A Securities Account created and maintained on the books and records of the Collateral Custodian entitled “Unfunded Exposure Account” in the USActive 55525956.1255525956.
Underlying Assignment Agreement. Any assignment and acceptance, assignment and assumption, joinder or other assignment agreement, the form of which is specified under the applicable Underlying Instruments for use when assigning the related Portfolio Asset. “Underlying Instruments”: With respect to any Portfolio Asset, the loan agreement, credit agreement or other similar agreement, pursuant to which a Portfolio Asset (or if such Portfolio Asset is a Participation Interest, the relevant Loan relating thereto) or Permitted Investment has been issued or created and each other agreement that governs the terms of or secures the obligations represented by such Portfolio Asset or Permitted Investment or of which the holders of such Portfolio Asset or Permitted Investment are the beneficiaries. “United States”: The United States of America. “Unfunded Exposure Account”: The USD Unfunded Exposure Account, the GBP Unfunded Exposure Account, the Euro Unfunded Exposure Account and the Canadian Dollar Unfunded Exposure Account, as applicable, or all such accounts, as context requires. “Unfunded Exposure Collections” means any amounts deposited in the USD Unfunded Exposure Account, the Canadian Dollar Unfunded Exposure Account, the Euro Unfunded Exposure Account or the GBP Unfunded Exposure Account, in each case, designated by the Borrower to be reserved against the Unfunded Exposure Amount with respect to any Loan denominated in the corresponding currency.
Examples of Underlying Assignment Agreement in a sentence
The Sale Agreement (together with each assignment agreement to be delivered pursuant thereto, each participation agreement to be delivered pursuant thereto and each Underlying Assignment Agreement) is the only agreement pursuant to which the Borrower has purchased or will purchase, or acquire by way of contribution, Collateral from the Seller or any Affiliate of the Seller, except as otherwise provided in Section 2.3 of the Sale Agreement.
More Definitions of Underlying Assignment Agreement
Underlying Assignment Agreement. Any assignment and acceptance, assignment and assumption, joinder or other assignment agreement, the form of which is specified under the applicable Underlying Instruments for use when assigning the related Portfolio Asset. “Underlying Instruments”: With respect to any Portfolio Asset, the loan agreement, credit agreement or other similar agreement, pursuant to which a Portfolio Asset (or if such Portfolio Asset is a Participation Interest, the relevant Loan relating thereto) or Permitted Investment has been issued or created and each other agreement that governs the terms of or secures the obligations represented by such Portfolio Asset or Permitted Investment or of which the holders of such Portfolio Asset or Permitted Investment are the beneficiaries. “United States”: The United States of America. “Unfunded Exposure Account”: The USD Unfunded Exposure Account, the GBP Unfunded Exposure Account, the Euro Unfunded Exposure Account and the Canadian Dollar Unfunded Exposure Account, as applicable, or all such accounts, as context requires. “Unfunded Exposure Collections” means any amounts deposited in the USD Unfunded Exposure Account, the Canadian Dollar Unfunded Exposure Account, the Euro Unfunded Exposure Account or the GBP Unfunded Exposure Account, in each case, designated by the Borrower to be reserved against the Unfunded Exposure Amount with respect to any Loan denominated in the corresponding currency. “Unfunded Exposure Amount”: On any date of determination, with respect to any Loan, the aggregate amount (without duplication) of all (i) unfunded commitments and (ii) all standby or contingent commitments associated with such Loan. “Unfunded Exposure Equity Amount”: On any date of determination, an amount equal to the sum, for each Loan, of (a) the Unfunded Exposure Amount for such Loan minus (b) the product of (i) the Unfunded Exposure Amount for such Loan, (ii) the Advance Rate for such Loan and (iii) the Assigned Value of such Loan. “Upfront Fee”: The meaning specified in Section 2.11(b). “Unrestricted Cash”: The meaning of “Unrestricted Cash” or any comparable definition in the Underlying Instruments for each Portfolio Asset, and in any case that “Unrestricted Cash” or such comparable definition is not defined in such Underlying Instruments, all cash available for BUSINESS.32224493.
Underlying Assignment Agreement. Any assignment and acceptance, assignment and assumption, joinder or other assignment agreement, the form of which is specified under the applicable Underlying Instruments for use when assigning the related Loan. “Underlying Instruments”: The loan agreement, credit agreement, indenture or other agreement pursuant to which a Loan or Permitted Investment has been issued or created and each other agreement that governs the terms of or secures the obligations represented by such Loan or Permitted Investment or of which the holders of such Loan or Permitted Investment are the beneficiaries. “United States”: The United States of America.