Board Package definition

Board Package means the financial board package periodically delivered by Borrower to its Board of Directors. It is understood by Bank that the Board Package may contain confidential information of an especially sensitive nature and Borrower may redact or omit any portion of the information provided to Bank if Borrower believes in its good faith judgment that such exclusion is reasonably necessary to preserve the attorney-client privilege, to protect highly confidential proprietary information or for other similar reasons.
View Source

Examples of Board Package in a sentence

  • The Servicer shall, within ten (10) Business Days after the Servicer’s receipt of the Critical To Board Package for each Loan, send written notice to the related Borrower or, if applicable, the related Senior Interest Servicer that the Servicer has been engaged to service such Loan(s).

  • The Buyer, by execution and delivery of this Agreement (and delivery by the Seller, for the benefit of the Buyer, of the Critical To Board Package), does hereby contract with the Servicer for the performance of, and subject to the terms of this Agreement, the Servicer agrees to the servicing of the Loans pursuant to this Agreement, such servicing duties to commence on the Transfer Date.

  • The Quarterly Board Package shall be delivered to the Lender (or its designee under Section 7(a)(i) or 7(a)(ii)) concurrently with its delivery to the Board and shall be held in confidence and trust by Lender (or its designees) as set forth in this Section 7.

  • Agent shall prepare and include a statement in the Board Package of reserve monies received and an itemization of any reserve monies expended from the prior period of reporting.

  • Effective upon the First Closing, the Company shall deliver to the Lender (or its designee under Section 7(a)(i) or 7(a)(ii)) the same package of materials (which package includes financial and other confidential Company information) as is delivered to the Board following the completion of each fiscal quarter (the "Quarterly Board Package").

  • The Company has heretofore delivered to Purchaser copies of its monthly reporting package to the Board of Directors of the Company for December 1995 and March, June, September and December of 1996 (collectively the "Board Package Financial Information").

  • The Board Package Financial Information has been prepared in accordance with the books and records of the Company and its subsidiaries, is true and correct in all material respects and has been prepared on a basis consistent with the Company Financial Statements and on a basis consistent throughout the periods presented.

  • Columns to Support Complete Board Package, Mounted at a Minimum Height of 14’ Above Grade : • One (1) Video Display, LED Type, Outdoor ProStar, 18’0H x 32’5”W Active Area, 23mm Pixel Pitch, 240 x 432 Matrix, with Red, Green and Blue Illuminate LED’s, DAKTRONICS Model PS-23s-240x432 or University Approved Equal.

  • The Servicer shall, within ten (10) Business Days after the Servicer’s receipt of the Critical To Board Package for each Loan, send written notice to the related Borrower that the Servicer has been engaged to service such Loan(s).

  • The Company has heretofore delivered to Purchaser copies of its monthly reporting package to the Board of Directors of the Company for December 1995 and March, June and September of 1996 (collectively, the "Board Package Financial Information").

Related to Board Package