Examples of Chase Loan in a sentence
The Borrower Parties shall not directly or indirectly create, incur, assume, guarantee, or otherwise become or remain liable with respect to any Debt other than the Advances, indebtedness existing as of the date hereof as described on Schedule 3.05(b) hereto, capitalized leases obligations in an amount not to exceed $250,000 per annum at any time outstanding, and indebtedness to Chase for up to an aggregate principal amount of $3,750,000 pursuant to the Chase Loan Agreements, if any.
The Advances are subordinated to the credit facilities provided by Chase pursuant to the Chase Loan Agreements as set forth herein, in the Security, Pledge and Guarantee Agreement and in the Subordination Agreement.
For good and valuable consideration, I hereby agree to do either of the following, at my option, if demand is made on the Company by Fleet and/or Chase with respect to the Fleet Loan and/or the Chase Loan prior to the earlier of (i) the net proceeds disbursed pursuant to the Company's initial public offering (the "IPO") equal or exceed $5,100,000.00 or (ii) the closing of a subsequent debt financing negotiated by Lilly Beter Capital Group ("LBCG").
Bank One Trust Company, N.A. Contact: Xxxxxx Xxxxxxx Custodian No. 0000 Xxxxxx Xxxx (000) 000-0000 phone GNMA 131 Xxxxxx, Xxxxxxxxx 00000 (000) 000-0000 fax FHLMC 1000153 Attn: Initial Certification Department (or Recertification Department) FNMA 20000256647 Package files in pool number order with Chase Loan Number and Correspondent Seller Loan Number on Folder Tab Label.
All notices required or permitted hereunder shall be made in the manner required or permitted by the Uniform Commercial Code and otherwise in accordance with the terms and at the addresses set forth in the Chase Loan Agreement and the Chase Guaranty.
It is anticipated that the Chase Lender’s Consent shall also contain an enumeration of all outstanding principal, interest and other amounts due under the Chase Loan Documents and of the amounts held in escrow or on reserve by the Chase Lender, calculated as of the time of delivering such consent.
Adjustment reflects the assumption by Smith & Nephew of the Chase Loan, a liability of DermEquip LLC.
The Borrower shall have delivered to the Bank evidence satisfactory to the Bank that the execution, delivery, and performance of this Amendment does not violate any of the Chase Loan Documents or that Chase has waived any such violation.
An event of default shall have occurred under the Chase Loan Facility and any other agreements or loan documents executed in connection therewith.
All notices or demands by any party hereto shall be in writing and shall be sent as provided in the Chase Loan Agreement.