Asset Based Terms Sample Clauses

Asset Based Terms. Without limiting Bank’s other rights and remedies, if an Event of Default under Section 8.2(ii) occurs, the provisions of Exhibit E hereto (the “Asset Based Terms”) shall be effective upon written notice by Bank to the Borrower.
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Asset Based Terms. If, at such time while any Credit Extensions are outstanding, Borrower breaches any of the Financial Covenants (as defined in Schedule 2), the provisions of Exhibit E hereto (the “Asset Based Terms”) and the applicable Asset Based Terms as otherwise set forth herein, including, without limitation, as set forth in Schedule 2, shall be effective upon written notice by Bank to the Borrower. If Borrower breaches the Financial Covenants, and no Credit Extensions are outstanding at such time, such breach of the Financial Covenants shall not constitute an Event of Default, but Bank shall have no obligation to make any Advances to Borrower until such time as the Asset Based Terms shall have become effective. The foregoing institution of such Asset Based Terms does not diminish or otherwise derogate from all other rights and remedies of Bank upon the occurrence of an Event of Default, and all of such rights and remedies relating thereto are deemed reserved and not waived. Borrower acknowledges and agrees that Borrower’s breach of the Financial Covenants that are applicable while the Asset Based Terms are in effect shall constitute an Event of Default.
Asset Based Terms. Without limiting Bank's other rights and remedies, if an Event of Default occurs and is continuing, the provisions of Exhibit E hereto (the "Asset Based Terms") shall be effective, upon written notice by Bank to the Borrower.
Asset Based Terms. The provisions of Exhibit E hereto (the “Asset Based Terms”) and the applicable Asset Based Terms as otherwise set forth herein, are fully effective on the date hereof and shall continue in full force and effect hereafter.
Asset Based Terms 

Related to Asset Based Terms

  • Certain Defined Terms Used in Lock-up Agreement For purposes of the letter agreement to which this Annex A is attached and of which it is made a part:

  • Certain Defined Terms As used in this Agreement, the following terms shall have the following meanings:

  • Defined Terms As used in this Agreement, the following terms have the meanings specified below:

  • New Defined Terms The following defined terms are hereby added to Section 1.01 of the Credit Agreement in the appropriate alphabetical order:

  • Amended Terms On and after the Amendment Effective Date, all references to the Credit Agreement in each of the Loan Documents shall hereafter mean the Credit Agreement as amended by this Amendment. Except as specifically amended hereby or otherwise agreed, the Credit Agreement is hereby ratified and confirmed and shall remain in full force and effect according to its terms.

  • Construction; Certain Defined Terms (a) The definitions of terms herein shall apply equally to the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include”, “includes” and “including” shall be deemed to be followed by the phrase “without limitation”. The word “will” shall be construed to have the same meaning and effect as the word “shall”. Unless the context requires otherwise, (i) any definition of or reference to any agreement, instrument, other document, statute or regulation herein shall be construed as referring to such agreement, instrument, other document, statute or regulation as from time to time amended, supplemented or otherwise modified, (ii) any reference herein to any Person shall be construed to include such Person’s successors and assigns, but shall not be deemed to include the subsidiaries of such Person unless express reference is made to such subsidiaries, (iii) the words “herein”, “hereof and “hereunder”, and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (iv) all references herein to Articles, Sections and Annexes shall be construed to refer to Articles, Sections and Annexes of this Agreement, (v) unless otherwise expressly qualified herein, the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties, including cash, securities, accounts and contract rights and (vi) the term “or” is not exclusive.

  • Defined Terms; References Unless otherwise specifically defined herein, each term used herein which is defined in the Credit Agreement has the meaning assigned to such term in the Credit Agreement. Each reference to "hereof", "hereunder", "herein" and "hereby" and each other similar reference and each reference to "this Agreement" and each other similar reference contained in the Credit Agreement shall, after this Amendment becomes effective, refer to the Credit Agreement as amended hereby.

  • Certain Additional Defined Terms In addition to such terms as are defined in the opening paragraph of and the recitals to this Agreement and in Section 1.1, the following terms are used in this Agreement as defined in the Sections set forth opposite such terms: Defined Term Section Reference ------------ -----------------

  • Extended Terms Tenant shall have the right to extend the Term for up to five (5) consecutive renewal terms of ten (10) years each (each, an “Extended Term”), provided that (unless Landlord shall elect in its sole discretion to waive any such condition), at the time Tenant exercises a right to extend the Term, (a) no Event of Default shall have occurred and be continuing and (b) on the date of the exercise of the extension option and on the first day of each such Extended Term, there shall be a Guaranty in favor of Landlord from a Qualifying Guarantor which shall either meet the standard in clause (a) or (c) of the definition of Qualifying Guarantor or shall provide Landlord with the audited financial statement described in the last paragraph of the definition of Qualifying Guarantor to establish that it meets the criteria in clause (b) thereof to be a Qualifying Guarantor, even if such Entity is a BP Affiliate. All of the terms, covenants and provisions of this Agreement shall apply to each Extended Term (including, but without limitation, the two percent annual Minimum Rent increases provided in the definition of Minimum Rent), except that Tenant shall have no right to extend the Term beyond the expiration of the fifth Extended Term. If Tenant shall elect to exercise its option to extend the Term for any Extended Term, it shall do so by giving Landlord Notice thereof not later than eighteen (18) months prior to the commencement of the applicable Extended Term, it being understood and agreed that time shall be of the essence with respect to the giving of any such Notice. If Tenant shall fail to give any such Notice, this Agreement shall automatically terminate at the end of the Fixed Term or the applicable Extended Term, and Tenant shall have no further option to extend the Term of this Agreement. If Tenant shall give such Notice, the extension of this Agreement shall be automatically effected without the execution of any additional documents; it being understood and agreed, however, that Tenant and Landlord shall execute such documents and agreements as either party shall reasonably require to evidence the same.

  • INDEX OF DEFINED TERMS ​ ​ ​ Acquiror ‌ 1 Acquiror Bank ‌ 62 Acquiror Benefit Plan ‌ 62 Acquiror Board ‌ 62 Acquiror Bylaws ‌ 62 Acquiror Capital Stock ‌ 62 Acquiror Capitalization Date ‌ 30 Acquiror Certificate of Incorporation ‌ 61 Acquiror Common Stock ‌ 62 Acquiror Disclosure Schedules ‌ 70 Acquiror ERISA Affiliate ‌ 62 Acquiror Financial Statements ‌ 31 Acquiror Preferred Stock ‌ 30 Acquiror SEC Reports ‌ 62 Acquiror Stock Issuance ‌ 62 Acquisition Proposal ‌ 62 Affiliate ‌ 63 Agreement ‌ 1 Applicable Mortgage Business Requirements ‌ 63 Articles of Merger ‌ 2 Bank ‌ 63 Bank Merger ‌ 63 Business Day ‌ 63 Call Report ‌ 63 Certificate of Merger ‌ 2 CIC Payment ‌ 49 Closing ‌ 2 Closing Acquiror Common Stock Price ‌ 63 Closing Date ‌ 2 Code ‌ 63 Company ‌ 1 Company Adverse Recommendation ‌ 39 Company Articles of Incorporation ‌ 63 Company Benefit Plan ‌ 63 Company Board ‌ 64 Company Bylaws ‌ 64 Company Capital Stock ‌ 64 Company Capitalization Date ‌ 9 Company Common Stock ‌ 64 Company Disclosure Schedules ‌ 70 Company Employees ‌ 37 Company ERISA Affiliate ‌ 64 Company Financial Statements ‌ 10 Company Investment Securities ‌ 27 Company Loans ‌ 13 Company Material Contract ‌ 22 ​ ​ Company Permitted Exceptions ‌ 12 Company Real Estate ‌ 64 Company Shareholder Approval ‌ 64 Company Shareholders’ Meeting ‌ 39 Company Stock Certificates ‌ 5 Confidentiality Agreement ‌ 34 Consulting Agreement ‌ 40 Contemplated Transactions ‌ 64 Contract ‌ 64 Control,” ”Controlling” or ”Controlled ‌ 64 Conversion Fund ‌ 5 Covered Employees ‌ 48 CRA ‌ 64 Deposit Insurance Fund ‌ 65 Derivative Transactions ‌ 65 DGCL ‌ 65 Dissenters’ Shares ‌ 6 DOL ‌ 65 Effective Time ‌ 2 Environment ‌ 65 Environmental Laws ‌ 65 ERISA ‌ 65 Exchange Act ‌ 65 Exchange Agent ‌ 4 Existing D&O Policy ‌ 45 FDIC ‌ 65 Federal Reserve ‌ 65 GAAP ‌ 65 Hazardous Materials ‌ 65 IBCA ‌ 65 Immediate Family Member ‌ 65 Indemnified Party ‌ 44 IRS ‌ 66 Knowledge ‌ 66 Legal Requirement ‌ 66 Letter of Transmittal ‌ 5 Lien ‌ 66 Material Adverse Effect ‌ 66 Merger ‌ 1 MergerCo ‌ 1 Mid-Tier Merger ‌ 1 Mid-Tier Merger Agreement ‌ 3 Mortgage Agency ‌ 67 Mortgage Loan ‌ 67 NASDAQ Rules ‌ 67 New Plans ‌ 49 viii ​ Old Plans ‌ 49 Order ‌ 67 Ordinary Course of Business ‌ 67 OREO ‌ 67 Outstanding Company Shares ‌ 67 PBGC ‌ 67 Per Share Cash Consideration ‌ 4 Per Share Merger Consideration ‌ 3 Per Share Stock Consideration ‌ 4 Person ‌ 67 Previously Disclosed ‌ 70 Proceeding ‌ 68 Proxy Statement ‌ 68 Registration Statement ‌ 68 Regulatory Authority ‌ 68 Remediation Cost ‌ 68 Representative ‌ 68 Requisite Regulatory Approvals ‌ 68 Restrictive Covenant Agreements ‌ 1 Schedules ‌ 70 SEC ‌ 68 Securities Act ‌ 68 Shareholder Agreement ‌ 9 Subsidiary ‌ 68 Superior Proposal ‌ 68 Surviving Entity ‌ 1 Tax ‌ 69 Tax Return ‌ 69 Termination Date ‌ 54 Termination Fee ‌ 57 Third Party Consents ‌ 9 Total Payments ‌ 50 Transition Date ‌ 69 U.S. ‌ 69 Unaudited Monthly Financial Statements ‌ 34 ​ ix ​ ​ ​ x ​ ​

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