BOS Loans definition
Examples of BOS Loans in a sentence
Subject to the terms and provisions of the Intercreditor Agreement, BOS may exercise its rights with respect to the Collateral without resorting, or regard, to other collateral or sources of reimbursement for the BOS Loans.
Agent shall have received evidence satisfactory to Agent that the liens securing the Existing BOS Loans have been released and Agent, Borrower and BOS shall have entered into the Subordination Agreement.
The foregoing security interest and lien shall remain in effect until all indebtedness secured hereby has been paid in full and the commitment of BOS to make BOS Loans shall have expired, provided, however, if Sky Bank shall release its security interest in any portion of the Collateral pursuant to Section 3.4 of the Sky Master Agreement, then BOS shall be deemed to have automatically released its security interest in the same contemporaneously with the release by Sky Bank.