Loan Description Sample Clauses

Loan Description. As of the related Loan Purchase Date, the Daily Report delivered or transmitted pursuant to subsection 2.01(b) sets forth in all material respects a complete listing of all Purchased Loans, aggregated by Obligor, to be sold to the Trust on the related Loan Purchase Date and the information contained therein in accordance with Schedule 1 with respect to each such Purchased Loan is true and correct (except for any errors or omissions that do not result in material impairment of the interests, rights or remedies of the Trustee or the Investor Certificateholders with respect to any Purchased Loan) as of the related Loan Purchase Date.
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Loan Description. This Amendment Agreement (“Amendment”) relates to that certain loan obligation or credit facility (“Loan”) described at the beginning of this Amendment and evidenced by certain documents and instruments, which may include a promissory note or notes, credit agreement and/or other similar instrument or agreement, together with all other documents and instruments executed in connection with or relating to the Loan or any collateral security for the Loan (as the same may have been or may be amended, modified or supplemented from time to time, including, without limitation, if the Loan is evidenced by a controlling credit agreement together with separate promissory notes evidencing each draw, such separate promissory notes related to such Loan executed on or after the date hereof) (individually a “Loan Document” and collectively, the “Loan Documents”).
Sample 1
Loan Description. 4 2.1 Commitment..............................................................4 2.2 Borrowing Procedures....................................................4 2.3 Conditions to Each Loan.................................................5 2.4 Note....................................................................5 2.5 Due Date................................................................5 2.6 Prepayments.............................................................5
Sample 1
Loan Description. 6 2.1 Amount of Loan...................................................................7 2.2 Nature and Duration of Loan......................................................7 2.3
Sample 1
Loan Description. As of the related Loan Purchase Date, the Daily Report delivered or transmitted pursuant to SUBSECTION 2.01(B) sets forth in all material respects a complete listing of all Purchased Loans, aggregated by Obligor, to be sold to the Trust on the related Loan Purchase Date and the information contained therein in accordance with Schedule 1 with respect to each such Purchased Loan is true and correct (except for any errors or omissions that do not result in material impairment of the interests, rights or remedies of the Trustee or the Investor Certificateholders with respect to any Purchased Loan) as of the related Loan Purchase Date.
Sample 1
Loan Description a. Subject to the terms and conditions of this Agreement, Lender hereby establishes for the benefit of Borrower a credit facility (collectively, the “Loan”) which shall include cash Advances extended by Lender to or for the benefit of Borrower from time to time hereunder. The aggregate principal amount of unpaid cash Advances shall not at any time exceed the Maximum Loan Amount. Subject to such limitation, the outstanding balance of Advances under the Loan may be increased by future Advances which may be made by Lender, to or for the benefit of Borrower, and, subject to the provisions of Section 8 below, shall be due and payable on the Loan Maturity Date. If the aggregate principal amount of unpaid cash Advances at any time exceeds the Maximum Loan Amount (such excess referred to as “Overadvance”), Borrower, upon notice of such Overadvance from Lender to Borrower, shall repay the Overadvance in full within three (3)
Sample 1
Loan Description. The Type: Loan Short Term Loan Type: Fixed term The Currency: RMB The Amount: 10,000,000 The Issue Date: July 20, 2007 The Maturity Date: July 19, 2008 The Interest Rate: 6.57% (1) Interest Rate Paid Terms: Monthly Late Paid Penalty Rate: 8.54% Divert Penalty Rate: 13.14% __________________
Sample 1
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Loan Description 
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Related to Loan Description

  • COLLATERAL DESCRIPTION The word "Collateral" as used in this Agreement means the following described property, whether now owned or hereafter acquired, whether now existing or hereafter arising, and wherever located, in which Grantor is giving to Lender a security interest for the payment of the Indebtedness and performance of all other obligations under the Note and this Agreement: All Inventory, Chattel Paper, Accounts, Equipment and General Intangibles In addition, the word "Collateral" also includes all the following, whether now owned or hereafter acquired, whether now existing or hereafter arising, and wherever located:

  • Investment Description Each Fund will invest and reinvest its assets in accordance with the investment objective(s), policies and limitations specified in the prospectus (the “Prospectus”) relating to such Fund filed with the Securities and Exchange Commission (the “SEC”) as part of the Fund’s Registration Statement on Form N-1A, as it may be periodically amended or supplemented and in accordance with exemptive orders and no-action letters issued to the Trust by the SEC and its staff.

  • Loan Terms The Loan will be evidenced by the Note and will bear interest and be paid in accordance with the payment terms set forth in the Note.

  • Project Description The Project Description may be changed from time to time by, or with the consent of, the Company provided that any such change shall also be filed with the Issuer and provided further that no change in the Project Description shall materially change the function of the Project Facilities unless the Trustee shall have received (i) an Engineer's certificate that such changes will not impair the significance or character of the Project Facilities as Pollution Control Facilities and (ii) an Opinion of Bond Counsel or ruling of the Internal Revenue Service to the effect that such amendment will not adversely affect the exclusion of interest on the Bonds from gross income for federal income tax purposes.

  • EXHIBIT A – COLLATERAL DESCRIPTION The Collateral consists of all of Borrower’s right, title and interest in and to the following personal property: All goods, Accounts (including health-care receivables), Equipment, Inventory, contract rights or rights to payment of money, leases, license agreements, franchise agreements, General Intangibles (except as provided below), commercial tort claims, documents, instruments (including any promissory notes), chattel paper (whether tangible or electronic), cash, deposit accounts, certificates of deposit, fixtures, letters of credit rights (whether or not the letter of credit is evidenced by a writing), securities, and all other investment property, supporting obligations, and financial assets, whether now owned or hereafter acquired, wherever located; and all Borrower’s Books relating to the foregoing, and any and all claims, rights and interests in any of the above and all substitutions for, additions, attachments, accessories, accessions and improvements to and replacements, products, proceeds and insurance proceeds of any or all of the foregoing. Notwithstanding the foregoing, the Collateral does not include any Intellectual Property; provided, however, the Collateral shall include all Accounts and all proceeds of Intellectual Property. If a judicial authority (including a U.S. Bankruptcy Court) would hold that a security interest in the underlying Intellectual Property is necessary to have a security interest in such Accounts and such property that are proceeds of Intellectual Property, then the Collateral shall automatically, and effective as of the Effective Date, include the Intellectual Property to the extent necessary to permit perfection of Bank’s security interest in such Accounts and such other property of Borrower that are proceeds of the Intellectual Property. Pursuant to the terms of a certain negative pledge arrangement with Bank, Borrower has agreed not to encumber any of its Intellectual Property without Bank’s prior written consent. EXHIBIT B COMPLIANCE CERTIFICATE TO:SILICON VALLEY BANK Date: FROM: MERSANA THERAPEUTICS, INC. The undersigned authorized officer of MERSANA THERAPEUTICS, INC. (“Borrower”) certifies that under the terms and conditions of the Loan and Security Agreement between Borrower and Bank (the “Agreement”):

  • General Description Employer shall provide Employee with the compensation, incentives, benefits, and business expense reimbursement specified elsewhere in this agreement.

  • Aircraft Description The Option Aircraft are described by Boeing Detail Specification D6-38808, Revision E, dated September 15, 1995, as amended and revised pursuant to the Agreement.

  • General Loan Terms Section 3.01.

  • Product Description The Products are described in the Product Unique Attachment(s). Products also include all FRUs, CSPs, Product code, and Product documentation.

  • SERVICE LEVEL DESCRIPTION The Fund Accounting Agreement is hereby amended by deleting the Service Level Description attached thereto and replacing it in its entirety with the Service Level Description attached hereto.

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