Securitization Services. Section 13.1 SECURITIZATION. (a) On or prior to the date on which *** of Lease Financing Loans have been funded hereunder, the Lender at its sole discretion may choose to engage in a Securitization. Thereafter, the Lender will use its best efforts to engage in a Securitization. (b) The eRoom Parties agree to cooperate with the Lender in effecting a Securitization (including signing any documents necessary thereto) in such format as the Lender reasonably determines will maximize the economic interests of the Lender. To such end the provisions of Article III, Section 8 "Securitization Services" of the Program Agreement are incorporated herein.
Appears in 2 contracts
Sources: Master Business Lease Financing Agreement (Eroom System Technologies Inc), Master Business Lease Financing Agreement (Eroom System Technologies Inc)
Securitization Services. Section 13.1 SECURITIZATION.
(a) On or prior to the date on which *** $25,000,000 of Lease Financing Loans have been funded hereunder, the Lender at its sole discretion may choose to engage in a Securitization. Thereafter, the Lender will use its best efforts to engage in a Securitization.
(b) The eRoom Parties agree to cooperate with the Lender in effecting a Securitization (including signing any documents necessary thereto) in such format as the Lender reasonably determines will maximize the economic interests of the Lender. To such end the provisions of Article III, Section 8 "Securitization Services" of the Program Agreement are incorporated herein.
Appears in 1 contract
Sources: Master Business Lease Financing Agreement (Eroom System Technologies Inc)