Collateral Assignment of Notes definition

Collateral Assignment of Notes means those certain Collateral Assignment of Notes, executed and delivered by the applicable Credit Parties in favor of the Administrative Agent, for the benefit of the Lenders, collaterally assigning promissory notes issued by any Non-Material Domestic Subsidiary to a Credit Party.
View Source

Examples of Collateral Assignment of Notes in a sentence

  • Notwithstanding the security interest granted by Borrower to Bank in the Collateral, Borrower understands and agrees that should Bank request such in writing, Borrower will execute and deliver to its Closing Agent(s) for subsequent delivery to Bank, a separate Collateral Assignment of Notes, Deeds of Trust/Mortgages and Security Agreement with respect to each Eligible Mortgage Loan to be funded, in whole or in part with an Advance or Advances hereunder.

  • The term "Assignment of Notes Receivable and Mortgages" shall mean a recordable Collateral Assignment of Notes Receivable and Mortgages, in the form attached hereto as Exhibit A, made by Borrower in favor of Agent, as collateral agent for each Lender, evidencing the assignment to Agent, as collateral agent for each Lender, of all of the Pledged Notes Receivable and Mortgages.

  • The term “Assignment of Notes Receivable and Mortgages” shall mean a recordable Collateral Assignment of Notes Receivable and Mortgages, in the form attached hereto as Exhibit A, made by Borrower in favor of Agent evidencing the assignment to Agent, as collateral agent for each Lender, of all of the Pledged Notes Receivable and Mortgages.

  • Not less than 2 Business Days prior to the making of each Loan Advance, the Borrower shall submit to Bank a Request for Advance, a form of which is attached hereto as EXHIBIT B, together with the Notes and Documents, as defined and more particularly set forth in the Collateral Assignment of Notes and Documents.

  • The Security Agreement duly executed by the Borrowers, the Intellectual Property Assignment, the Collateral Assignment of Notes, and the Acquisition Agreement Assignment.

  • The Note and all obligations of Borrower hereunder shall be secured by the Collateral Assignment of Notes and Documents, and any and all other Loan Documents executed and recorded with respect thereto.

  • The Notes and all obligations of Borrower hereunder shall be secured by the Mortgages, the Lease Assignments, the Collateral Assignment of Notes and Documents, the Reserve Fund Account Assignment, and any and all other Loan Documents executed and recorded with respect thereto.

  • Borrower has duly executed this Collateral Assignment of Notes Receivable as of the date first written above.

  • Notwithstanding anything to the contrary contained in the Loan Agreement, including Section 5.8(c) (Subsidiaries), Section 7.3 (Restrictions on Fundamental Changes) and Section 7.13 (Investments), or the Collateral Assignment of Notes, including Sections 3(c) and 3(e) thereof, Agent hereby consents to the Formation of AAPL Holdings, the Merger, the Investment and the Debt Forgiveness.

  • By Borrower’s signature to this First Amendment to Loan and Security Agreement-Receivables, Borrower agrees to utilize the form of Collateral Assignment of Notes Receivable and Interval Mortgages set forth as Exhibit A for the initial recording in any jurisdiction where prior to the date hereof Borrower has not transferred to Lender receivables collateral or recorded a prior form of such document.

Related to Collateral Assignment of Notes