Borrowing Dates Clause Samples

Borrowing Dates. (a) Subject to the conditions and terms set forth herein and in Section 2.06 (in the case of a Borrowing made on the Closing Date) and Section 2.07 (in the case of all Borrowings) of the Sale and Servicing Agreement with respect to the Closing Date and each Borrowing Date, each Purchaser’s providing advances of Borrowings shall be subject to the satisfaction, as of the Closing Date, the Amendment Date or any Borrowing Date, as applicable, of each of the following additional conditions: (i) Each document required to be provided pursuant to Section 2.02 hereof shall have been provided to each Purchaser; (ii) Each condition set forth in Section 2.06, Section 2.07 and Section 2.10 of the Sale and Servicing Agreement, as applicable, (other than any condition therein requiring the conditions set forth in this Section 3.01 to be satisfied) shall have been satisfied; (iii) Each of the representations and warranties of the Issuer, the Servicer, the Originator and the Depositor made in the Basic Documents shall be true and correct as of such date (except to the extent they expressly relate to an earlier or later time); (iv) The Issuer, the Servicer, the Originator and the Depositor shall be in compliance with all of their respective covenants contained in the Basic Documents and the Notes; (v) No Event of Default shall have occurred and be continuing; (vi) The Required Opinions shall have been delivered to each Group Noteholder; and (vii) Any fees due and owing pursuant to the DB Fee Letter shall have been paid. (b) Each Group Noteholder on behalf of the Purchasers in its Ownership Group shall determine in its reasonable discretion whether each of the above conditions have been met and its determination shall be binding on the parties hereto. (c) The price paid by each Purchaser on such Closing Date, Amendment Date or Borrowing Date for the Note Principal Balance advanced or purchased on such Closing Date, Amendment Date or Borrowing Date, respectively, shall be equal to the amount of such Note Principal Balance, and shall be remitted not later than 5:00 p.m. New York City time on the Closing Date, Amendment Date or Borrowing Date, as applicable, by wire transfer of immediately available funds to or at the direction of the Originator on behalf of the Issuer. (d) Each Group Noteholder shall record on the schedule attached to its related Notes, the date and amount of any Note Principal Balance purchased by any member of its Ownership Group; provided, that failure to m...

Borrowing Dates. The agreement of each Lender to make the Loans requested to be made by it is subject to the satisfaction or waiver of the following conditions precedent on each Borrowing Date: (a) The Closing Date shall have occurred. (b) The Administrative Agent shall have received for each Lender a Note evidencing such Lender’s Loan. (c) Each of the representations and warranties made by the Borrower in or pursuant to this Agreement and each of the representations and warranties contained in any certificate furnished at any time by or on behalf of the Borrower pursuant to this Agreement shall be true and correct in all material respects on and as of each Borrowing Date as if made on and as of such date. (d) No Default or Event of Default shall have occurred and be continuing on such Borrowing Date or immediately after giving effect to the Loans requested to be made on such date. All documents submitted hereunder (other than the estatutos sociales, the resolutions of the Board of Directors of the Borrower authorizing the execution of this Agreement, and the powers of attorney of the Borrower) shall be in the English language or accompanied by an English translation.

Borrowing Dates. GFC shall provide a copy of each Notice of Borrowing delivered pursuant to Section 2.2 of the Loan Agreement to the Security Trustee and the Initial Lessee and Initial Borrower specified therein. With respect to the Aircraft which is the subject of a Notice of Borrowing, subject to the terms and conditions of this Agreement and the Loan Agreement, the following actions shall take place on the Borrowing Date applicable to such Aircraft: (a) On such Borrowing ▇▇▇▇, the Lenders shall make the proceeds of the Loan to be made for such Aircraft available to the Initial Borrower for such Aircraft. (b) On such Borrowing Date, in the case of each Remaining Aircraft pursuant to the Purchase Agreement and the Purchase Agreement Assignment for such Aircraft and, in the case of each Delivered Aircraft, pursuant to the Aircraft Sale Agreement for such Aircraft, the Initial Lessor shall purchase and accept delivery of such Aircraft from the Manufacturer or, in the case of a Delivered Aircraft, from the relevant Bridge Owner of such Aircraft, pay to the Manufacturer, or such Bridge Owner, as the case may be, an amount equal to the Purchase Price for such Aircraft and pay or cause to be paid to Ex-Im Bank the related Ex-Im Bank Exposure Fee in respect of the Note being issued on such Borrowing Date. (c) Subject to and following the sale of such Aircraft to the applicable Initial Lessor by Manufacturer or Bridge Owner, as the case may be, on such Borrowing Date, such Initial Lessor shall cause such Aircraft to be delivered to the Initial Lessee for such Aircraft under the Lease for such Aircraft, and, if not already so delivered, such Lessee shall cause such Aircraft to be delivered to either (A) the Initial Operating Lessee for such Aircraft under the Initial Operating Lease or (B) the Sublessee (if any is designated in the relevant Notice of Borrowing) for such Aircraft under the applicable Sublease, and shall procure that such Sublessee shall cause such Aircraft to be delivered to the Initial Operating Lessee for such Aircraft under the applicable Initial Operating Lease. Upon the tender for delivery of such Aircraft by Initial Lessor to Initial Lessee, and, if applicable, by Initial Lessee to such Sublessee, such Initial Lessee unconditionally agrees to accept delivery of such Aircraft (and, if applicable, to procure that such Sublessee accepts delivery of such Aircraft), "AS-1S, WHERE-IS", in its then condition for lease under such Lease or sub-lease under such Subleas...