Examples of Underlying Term Loan in a sentence
In any event, the Issuer shall obtain from any seller of a Loan, all Underlying Instruments with respect to each Collateral Debt Security and all Underlying Instruments related to any related Senior Tranche that govern, directly or indirectly, the rights and obligations of the owner of the Collateral Debt Security with respect to the Underlying Term Loan, the Underlying Mortgaged Property and the Collateral Debt Security and any certificate evidencing the Collateral Debt Security.
In any event, the Issuer shall obtain from any seller of a Loan, all Underlying Instruments with respect to each Collateral Debt Security and all Underlying Instruments related to any related Senior Tranche that govern, directly or indirectly, the rights and obligations of the owner of the Collateral Debt Security with respect to the Underlying Term Loan, the Underlying Mortgage Property and the Collateral Debt Security and any certificate evidencing the Collateral Debt Security.
Promptly after Borrower's receipt thereof, copies of any notices or other communications received from: (a) any governmental authority with respect to any matter or proceeding the effect of which could reasonably be expected to have a Material Adverse Effect on Borrower; and (b) an Underlying Term Loan Borrower.
The commercial mortgage property or properties securing a Loan or the commercial mortgage property or properties securing the Underlying Term Loan, as applicable.
Debtor agrees that by taking such action Secured Party will be deemed to have acted in a commercially reasonable manner and that such action by Secured Party will not be deemed to constitute retention of the Underlying Term Loan Notes in satisfaction of the Secured Obligations under Section 4-9-505 of the UCC and any comparable provision of the Uniform Commercial Code as enacted in the state where Debtor is located or otherwise.
Debtor shall take all such actions as are necessary to maintain the Underlying Term Loan Documents in full force and effect.
Borrower shall deliver the originals of the Underlying Term Loan Documents to Agent, for the benefit of all present and future Syndication Parties.
Without the consent of Secured Party, Debtor shall not amend, supplement, grant consents, or otherwise modify or waive compliance with any provision of any Underlying Term Loan Document.
In any event, the Issuer shall obtain from any seller of a Loan, all Underlying Instruments with respect to each Collateral Interest and all Underlying Instruments related to any related Senior Tranche that govern, directly or indirectly, the rights and obligations of the owner of the Collateral Interest with respect to the Underlying Term Loan, the Underlying Mortgage Property and the Collateral Interest and any certificate evidencing the Collateral Interest.
With reasonable promptness: (a) copies of all communications which Borrower receives or initiates from or to any Underlying Term Loan Borrower and all reports, certificates, and other written materials, including, without limitation, all financial statements, which Borrower receives from or on account of any Underlying Term Loan Borrower; and (b) such additional financial information or other documentation as Agent may reasonably request.