Approved Forms definition

Approved Forms means the standard forms of Note Receivable Documents, including any loan application, promissory note, loan agreement, lien instrument, security agreement, guaranty, and related documents used by Horizon in the conduct of its business with its borrowers, and substantially similar in scope and content as the forms attached as an exhibit to the Closing Certificate, which forms shall be in form and substance satisfactory to Agent, together with such changes and modifications or additions thereto from time to time as Horizon may approve from time to time in accordance with the Required Procedures.
Approved Forms means the forms of SBA 7(a) Note Receivable Documents, approved and used by Borrower in the conduct of its business, together with such changes and modifications or additions thereto from time to time as allowed by this Agreement or as required by the SBA.
Approved Forms means those loan agreements, security agreements, promissory notes, participation agreements and other documents approved by Agent and attached hereto collectively as Exhibit A-1, used by Borrower in the conduct of its financing business, together with such changes and modifications thereto from time to time as are not prohibited under Section 7.10 of this Agreement.

Examples of Approved Forms in a sentence

  • Approved forms to be used by members in the Grievance Procedure are available on the district website.


More Definitions of Approved Forms

Approved Forms means the standard forms of Note Receivable Documents, including any loan application, promissory note, loan agreement, lien instrument, security agreement, guaranty, and related documents used by Horizon in the conduct of its business with its borrowers, and substantially similar in scope and content as the forms attached as an exhibit to the Closing Certificate, which forms shall be in form and substance satisfactory to Agent (or in the case of control agreements, such standard forms as provided to Horizon by a bank or financial institution that comply with the Code), together with such changes and modifications or additions thereto from time to time as Horizon may approve from time to time in accordance with the Required Procedures.
Approved Forms means (a) the standard forms of Note Receivable Documents, including any loan application, promissory note, Lien Instrument, security agreement, guaranty, and related documents used by Borrowers in the conduct of their business with Obligors, and substantially similar in scope and content to the forms attached as an exhibit to the Closing Certificate, which forms shall be in form and substance satisfactory to Secured and the Required Lenders as of the Closing Date, together with such changes and modifications or additions thereto from time to time as may be approved in writing by Secured Party, and (b) such other forms as Secured may from time to time approve in its Permitted Discretion, but in each case (without Secured Party’s or Required Lenders’ consent) subject to (I) changes made by Borrowers to accommodate transaction-specific modifications (including Obligor comments), in each instance to the extent consistent with the Required Procedures and the Loan Agreement and (ii) Borrowers’ ability to make changes or to incorporate such modifications to the Approved Forms as are necessary or desirable to reflect the adoption or modification of provisions representing best practices for asset-based loans, provided, that such modifications in each instance are consistent with the Required Procedures and Borrowers’ underwriting criteria for asset-based loans and are disclosed in writing to Secured Party promptly following adoption of the revised provisions.
Approved Forms means (a) those forms of lease agreement, master lease agreement, loan agreement, master loan agreement, conditional sale, installment sale or other equipment finance agreement, promissory note, application for lease or loan, security agreement, pledge agreement, or other lien instrument, guaranty, landlord/mortgage waiver and consent and related documents used by Originator and Borrower and attached as an exhibit to the Closing Certificate and (b) any other form used by Originator and Borrower that is substantially similar to one of the forms attached as an exhibit to the Closing Certificate except for such modifications or deviations (1) as will not cause the related Lease or Note Receivable to fail to meet the other requirements specified in this Agreement and do not have a material adverse effect on the interests of Borrower or any Lender or (2) for which Agent has given its prior written consent.
Approved Forms means forms of the Merchant Contracts substantially in one of the forms attached hereto collectively as Exhibit C, together with such material changes and modifications or additions thereto from time to time as permitted by this Agreement.
Approved Forms means the forms and instructions that appear on the Arkansas Legal Services Partnership website; on the Arkansas Judiciary website; in administrative orders, rules, or other policies of the Supreme Court; in administrative agency rules; in state statutes; and local forms to facilitate following local case- processing procedures.
Approved Forms means the forms of Premium Finance Agreements and any other Premium Finance Documents attached to the Closing Certificate, approved and used by Borrower in the conduct of its business, together with such changes and modifications or additions thereto from time to time as allowed by Section 7.10 of this Agreement.
Approved Forms means the forms of SBA 7(a) Note Receivable Documents, approved and used by Borrower in the conduct of its business, together with such changes and modifications or additions thereto from time to time as allowed by this Agreement or as required by the SBA. “Asset Coverage Ratio” means, on any Interest Payment Date, for Parent, the ratio which the value of total assets, less all liabilities and indebtedness not represented by Senior Securities, bears to the aggregate amount of Senior Securities representing indebtedness of the Parent (all as determined pursuant to the Investment Company Act and any orders of the SEC issued to the Parent thereunder). “Asset Coverage Ratio Test” means a test that will be satisfied on any date of determination if the Asset Coverage Ratio is one hundred fifty percent (150%) or greater. “Asset Sale” means the sale, transfer, lease, license or other disposition by Borrower, or by any Subsidiary of Borrower, to any Person other than Borrower, of any Property now owned, or hereafter acquired, of any nature whatsoever in any transaction or series of related transactions. An Asset Sale includes, but is not limited to, a merger, consolidation, division, conversion, dissolution or liquidation. “Authorized Officer” means any officer (or comparable equivalent) of Borrower authorized by specific resolution of Borrower to request Advances or execute Compliance Certificates as set forth in the incumbency certificate referred to in Section 4.1(a)(iv) of this Agreement. “Availability” means, as of any date of determination: (a) with respect to Advances-Guaranteed Loans, Availability--Guaranteed, and (b) with respect to Advances-Non-Guaranteed Loans, Availability-Non-Guaranteed. “Availability-Guaranteed” means, as of any date of determination, with respect to Advances-Guaranteed Loans, the amount determined to be “Total net availability” determined from time to time in accordance with an appropriately completed Borrowing Base Certificate—Guaranteed in the form attached hereto as Exhibit A-1. “Availability-Non-Guaranteed” means, as of any date of determination, with respect to Advances-Non-Guaranteed Loans, the amount determined to be “Total net availability” determined from time to time in accordance with an appropriately completed Borrowing Base Certificate—Non-Guaranteed in the form attached hereto as Exhibit A-2. “Backup Servicer” means U.S. Bank National Association, and any successor thereto appointed under this Agreement. 3