Comerica Clause Samples
Comerica. ▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇ Word shall have been removed from all obligations with respect to the Comerica Loan either prior to the Closing or, if not, BCC covenants that the Comerica Loan will be paid from the proceeds of the Financing immediately following the Closing.
Comerica. The Company and its Subsidiaries shall pay in full at Closing all Indebtedness of the Company and/or its Subsidiaries owed to Comerica Bank.
Comerica a lender to the Company, is a limited partner in QPF and QPF II, and is also a former JA&A client in matters unrelated to the Company. Comerica is a lender to certain other current and/or former JA&A clients and to QPF portfolio companies in matters unrelated to the Company. Also, Comerica is a lender to ▇▇. ▇▇▇ ▇▇▇▇ personally, and ▇▇. ▇▇▇▇ maintains a banking relationship with Comerica and an investment, account with Comerica Securities.
Comerica. 1. Mortgage-backed Credit Agreement in the aggregate face amount of $40,000,000 dated as of November 29, 1996 by and between the Company, Frank's Nursery & Crafts, Inc. ("Frank's") and Comerica Bank ("Comerica").
Comerica. The Company must have delivered to the Purchaser the following: (i) a release and termination of the warrant(s) outstanding and held by Comerica Bank to purchase shares of any capital stock of the Company; and (ii) either (A) a payoff and release letter providing for the repayment in full of any outstanding Indebtedness and the corresponding release of any Encumbrance that Comerica Bank may have with respect to the Company, any Company Subsidiary or any of its respective assets, or (B) the written consent of Comerica to the Merger and the other transactions contemplated by this Agreement; in each case in form and substance reasonably satisfactory to the Purchaser.
Comerica anticipates that discussions addressing the Debt may take place in the future. During the course of such discussions, Comerica and ▇▇▇▇▇▇▇▇ may touch upon and possibly reach a preliminary understanding on one or more issues prior to concluding negotiations. Notwithstanding this fact and absent an express written waiver by Comerica, Comerica will not be bound by an agreement on any individual issues unless and until an agreement is reached on all issues and such agreement is reduced to writing and signed by ▇▇▇▇▇▇▇▇, and Comerica. As such, the parties agree that they may not reasonably rely on any oral agreements.
Comerica