Permitted Discretion. a determination made in good faith and in the exercise of discretion from the perspective of a secured asset-based lender.
Appears in 2 contracts
Samples: Loan and Security Agreement (Olympic Steel Inc), Loan and Security Agreement (Olympic Steel Inc)
Permitted Discretion. a determination made in good faith by the Agent and in the exercise of discretion reasonable credit judgment (from the perspective of a secured secured, asset-based lenderlender similarly situated).
Appears in 2 contracts
Samples: Loan, Security and Guarantee Agreement (Kraton Performance Polymers, Inc.), Loan, Security and Guarantee Agreement (Kraton Performance Polymers, Inc.)
Permitted Discretion. a A determination or judgment made in on good faith and in the exercise of discretion reasonable (from the perspective of a secured asset-based lender) credit or business judgment.
Appears in 1 contract
Samples: Receivables Loan and Security Agreement (Silverleaf Resorts Inc)
Permitted Discretion. a determination made in good faith and in the exercise of discretion from the perspective of a secured asset-based lender. Permitted Lien: as defined in Section 10.2.2.
Appears in 1 contract
Permitted Discretion. a determination made in good faith and in the exercise of discretion faith, using reasonable business judgment (from the perspective of a secured secured, asset-based lender).
Appears in 1 contract
Samples: Loan, Security and Guaranty Agreement (Atlas Energy Solutions Inc.)
Permitted Discretion. a determination made in good faith and in the exercise of discretion faith, using commercially reasonable business judgment (from the perspective of a secured secured, asset-based lender).
Appears in 1 contract