Examples of Buyer Loan in a sentence
GM represents to Delphi that it has the requisite corporate power and authority to execute and deliver the Buyer Loan Documents and the Securities Purchase Agreement (together, and including, without limitation, any and all exhibits, annexes, schedules, fee letters and other ancillary documents, the “GM Financing Agreements”) and this Agreement and perform its obligations thereunder and hereunder.
GM represents to Delphi that it has delivered to Delphi (a) a true, correct and complete signed copy of the Securities Purchase Agreement, including all exhibits and schedules thereto and (b) a true correct and complete copy of the form of Buyer Loan Documents, including all exhibits and schedules thereto, pursuant to which GM has agreed to provide to the Company Buyer on or prior to the Closing Date the equity and debt financing described therein (the “GM Financing”).
These include the City’s First Time Home Buyer Loan Program, as well as rehabilitation programs for single- family homes and rental properties.
The Administrative Agent shall have received such opinions of counsel from counsel to the Buyer Loan Parties and/or counsel to the Lenders, as reasonably determined by counsel to such Buyer Loan Parties and counsel to the Lenders in each jurisdiction, in each jurisdiction in which any such Buyer Loan Parties is organized, in form and substance reasonably satisfactory to the Administrative Agent.
The Administrative Agent shall have received a certificate of the Secretary or an Assistant Secretary of each Buyer Loan Party certifying the names and true signatures of the officers of such Buyer Loan Party authorized to sign the Loan Documents to which such Buyer Loan Party is a party and any other documents to which such Buyer Loan Party is a party that may be executed and delivered in connection herewith.