Examples of 2014 Borrowers in a sentence
On August 22, 2014, Borrowers, Lenders, and Agent entered into that certain Revolving Credit and Security Agreement (as amended, restated, amended and restated, extended, supplemented or otherwise modified prior to the date hereof, the “ Credit Agreement”).
Borrowers confirm and acknowledge that as of the close of business on September 30, 2014, Borrowers were indebted to Lenders for the (a) Advances under the Loan Agreement without any deduction, defense, setoff, claim or counterclaim, of any nature, in the aggregate principal amount of $22,817,930.38 due on account of Revolving Advances and $0.00 on account of undrawn Letters of Credit, plus in each case all fees, costs and expenses incurred to date in connection with the Loan Agreement.
Borrowers confirm and acknowledge that as of the close of business on May 20, 2014, Borrowers were indebted to Lenders for the (a) Advances under the Loan Agreement without any deduction, defense, setoff, claim or counterclaim, of any nature, in the aggregate principal amount of $19,509,998.04 due on account of Revolving Advances and $ 0.00 on account of undrawn Letters of Credit, plus in each case all fees, costs and expenses incurred to date in connection with the Loan Agreement.
On August 22, 2014, Borrowers, Lenders, and Agent entered into that certain Revolving Credit and Security Agreement (as amended, restated, amended and restated, extended, supplemented or otherwise modified prior to the date hereof, the “Credit Agreement”).
The parties hereby acknowledge, confirm and agree that as of the opening of business on September 30, 2014, Borrowers are indebted to Lenders and Agent in respect of Revolver Loans in the aggregate principal amount of $0.00 and in respect of LC Obligations in the aggregate principal amount of $4,277,236.68.
The increasingly rival nature of land access hardened the social boundaries, in first instance on an ethnic basis.
Borrowers defaulted on the Note by failing to make the August 1, 2013 payment and on or about June 13, 2014, Borrowers and Fox Cleaners Co. (“Fox”) entered into a Forbearance Agreement (“Forbearance”), under which Plaintiff agreed to forbear enforcing its rights under the Note pursuant to the terms of the Forbearance.
On August 19, 2014, Borrowers executed and delivered the Amended and Restated Crop Production Line of Credit Note in the principal amount of $1,575,000.00 (as modified and amended, the “Crop Production Note”).
As of December 19, 2014, Borrowers, Lenders, and Agent, entered into an Amended and Restated Revolving Credit, Term Loan, Guaranty, and Security Agreement (as amended, extended, modified, or restated, the “ Loan Agreement”).
Beginning October 1, 2014, Borrowers shall at all times maintain (combined) a minimum of $4,000,000.00 in cash or cash equivalents.