Financial Accommodations Sample Clauses

Financial Accommodations. Bank, SIGNATURE and Merchant intend this Agreement to be construed as a contract to extend financial accommodations for the benefit of Merchant.
Financial Accommodations. The Agreement applies to all commercial loans and other financial accommodations now or hereafter extended by Lender to Borrower, including but without limitation those described below in detail: - $6,000,000.00 Revolving Line of Credit. Subject to the terms of the Agreement, Lender agrees to make loans to Borrower under a revolving line of credit as follows:
Financial Accommodations. Upon the terms and conditions of this Agreement, Lender shall, from time to time upon request by Borrower, issue Letters of Credit and Banker's Acceptances for the account of Borrower provided that (i) the maximum undrawn face amount of all Letters of Credit and Banker's Acceptances outstanding at any time (including the amount of the requested Letter of Credit or Banker's Acceptance) shall not exceed $3,000,000, (ii) Borrower would be entitled to an advance under SECTION 2.1 in the amount of the requested Letter of Credit or Banker's Acceptance, (iii) the Letter of Credit or Banker's Acceptance is for a business purpose, and (iv) any Letter of Credit or Banker's Acceptance issued hereunder shall terminate on or before the Termination Date. As a condition to the issuance of any Letter of Credit, Borrower shall execute and deliver to Lender its customary Letter of Credit application and shall pay to Lender upon issuance of such Letter of Credit, in addition to clerical issuance and transaction costs charged by Lender, a Letter of Credit fee in an amount equal to ONE AND ONE-HALF PERCENT (1.5%) PER ANNUM of the unfunded face amount of each Letter of Credit. As a condition to the issuance of any Banker's Acceptance, Borrower shall execute and deliver to Lender such documents as Lender may request and pay to Lender upon the issuance of such Banker's Acceptance, in addition to clerical issuance and transaction costs charged by Lender, a Banker's Acceptance fee in the amount required by Lender. Each Letter of Credit and Banker's Acceptance shall be issued in a form satisfactory to Lender.
Financial Accommodations. Omega Acquisition Facility I, LLC, a Delaware limited liability company ("Initial Borrower"), Agent and Lenders are concurrently herewith entering into that certain Loan Agreement (the "Loan Agreement") dated as of even date herewith pursuant to which Lenders shall extend financial accommodations to Borrowers (as defined therein).
Financial Accommodations. Except as expressly set forth in the Note Purchase Agreements, no Beneficiary is obligated to give or to continue any financial accommodations to the Company, the Guarantor or any of the Company's other Subsidiaries or to change or extend the time of payment of, or renew or alter, any liability of the Company, the Guarantor or any of the Company's other Subsidiaries, any security therefor or any liability incurred directly or indirectly in respect thereof.
Financial Accommodations. Set forth on Schedule IV is a list as ------------------------ of the date hereof of all agreements or other instruments and the principal amount thereof to be included as Financial Accommodations.
Financial Accommodations. KORTA, the ISO and the Merchant intend this Agreement to be construed as a contract to extend financial accommodations for the benefit of the Merchant.

Related to Financial Accommodations

  • Proper Accommodation Proper accommodation shall be provided for employees to have their meals and store and change their clothes.

  • Reasonable Accommodations Landlord agrees to comply with all applicable laws providing equal housing opportunities, including making reasonable accommodations for known physical or mental limitations of qualified individuals with a disability, unless undue hardship on Landlord would result. Tenant is responsible for making Landlord aware of any such required accommodations that are reasonable and will not impose an undue hardship on Landlord. If Tenant discloses a disability and requests an accommodation, Landlord has the right to have a qualified healthcare provider verify the disability if the disability is not readily apparent, and Landlord has the right to use the qualified healthcare provider verifying the disability as a resource for providing the reasonable accommodation.

  • Accommodations (a) Lender may, in its sole discretion, issue or cause to be issued, from time to time at Borrower's request and on terms and conditions and for purposes satisfactory to Lender, credit accommodations consisting of letters of credit, bankers' acceptances, merchandise purchase guaranties or other guaranties or indemnities for Borrower's account ("Accommodations"). Borrower shall execute and perform additional agreements relating to the Accommodations in form and substance acceptable to Lender and the issuer of any Accommodations, all of which shall supplement the rights and remedies granted herein. Any payments made by Lender or any affiliate of Lender in connection with the Accommodations shall constitute additional Revolving Loans to Borrower.

  • Letter of Credit Accommodations (a) Subject to and upon the terms and conditions contained herein, at the request of Borrower, Lender agrees to provide or arrange for Letter of Credit Accommodations for the account of Borrower containing terms and conditions acceptable to Lender and the issuer thereof. Any payments made by Lender to any issuer thereof and/or related parties in connection with the Letter of Credit Accommodations shall constitute additional Revolving Loans to Borrower pursuant to this Section 2.

  • Reasonable Accommodation Sections 34.1 through 34.4 of Article 34, Reasonable Accommodation and Disability Separation, apply to represented individuals.

  • Conditions Precedent to All Loans and Letter of Credit Accommodations Each of the following is an additional condition precedent to Lender making Loans and/or providing Letter of Credit Accommodations to Borrower, including the initial Loans and Letter of Credit Accommodations and any future Loans and Letter of Credit Accommodations:

  • DISABILITY ACCOMMODATIONS The Department does not discriminate on the basis of disability in admission to, access to, or operations of its programs, services, or activities. Individuals who need aids, alternative document formats, or services for effective communications or other disability related accommodations in the programs and services offered are invited to make their needs and preferences known to this office. Interested parties should provide as much advance notice as possible.

  • Reaffirmation of Credit Party Obligations Each Credit Party hereby ratifies the Credit Agreement and acknowledges and reaffirms (a) that it is bound by all terms of the Credit Agreement applicable to it and (b) that it is responsible for the observance and full performance of its respective Credit Party Obligations.

  • Financial Accounts Exhibit E, as may be updated by the Borrower in a written notice provided to Agent after the Closing Date, is a true, correct and complete list of (a) all banks and other financial institutions at which Borrower or any Subsidiary maintains Deposit Accounts and (b) all institutions at which Borrower or any Subsidiary maintains an account holding Investment Property, and such exhibit correctly identifies the name, address and telephone number of each bank or other institution, the name in which the account is held, a description of the purpose of the account, and the complete account number therefor.

  • FINANCIAL SUPPORT 3.1. [NA/institution shall select Option 1, Option 2 or Option 3] [Option 1: The participant shall receive EUR […]. corresponding to individual support and […] EUR corresponding to travel. The amount of individual support is EUR […] per day up to the 14th day of activity and EUR […] per day from the 15th day, The final amount for the mobility period shall be determined by multiplying the number of days of the mobility specified in article 2.3 with the individual support rate applicable per day for the receiving country and adding the contribution for travel to the amount obtained.] [for zero-grant participants, the contribution for travel should be 0] [Institution to select if applicable and complete with specific rules if needed: The financial support other than Erasmus+ EU funds for the mobility period is EUR […].] [Option 2: The institution shall provide the participant with travel and individual support in the form of direct provision of the required travel and individual support services. In such case, the beneficiary shall ensure that the provision of services will meet the necessary quality and safety standards.] [Option 3: The participant shall receive from the institution a financial support of [….] EUR for [travel/ individual support] and support in the form of direct provision of the required [travel/ individual support] services. In such case, the institution shall ensure that the provision of services will meet the necessary quality and safety standards.]