CR LLC definition
Examples of CR LLC in a sentence
LaBarge Ill, known to me or satisfactorily proven to be ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ name is subscribed to the foregoing instrument, who acknowledged that he is the sole member of LaBarge C&R, LLC, the sole member of Landlord, that he has been d▇▇▇ ▇▇▇horized to execute, and has executed, the foregoing instrument on behalf of the said entity for the purposes therein set forth, and that the same is its act and deed.
Transferor and CR LLC intend the transactions hereunder to constitute true sales of Receivables by Transferor to CR LLC, providing CR LLC with the full risks and benefits of ownership of the Receivables (such that the Receivables would not be property of Transferor's estate upon the occurrence of an Event of Bankruptcy with respect to Transferor).
CR LLC and Transferor will then determine the average of the outstanding Intercompany Balances for each day during that Due Period, treating any deferred Purchase Price as a positive number and any loan as a negative number for purposes of this calculation.
Seller (Indy CR, LLC), REG, Owner and Buyer have entered into a Master Asset Purchase Agreement dated November 4, 2011, as amended by that certain Amendment No. 1 dated December 21, 2011, and that certain Amendment No. 2 dated December 27, 2011 (as amended, the “Master Agreement”), pursuant to which Seller, REG, and Owner jointly with other parties agree to sell the assets of various Cadillac Ranch restaurants located in the U.S. to Buyer.
In respect thereof, CR LLC and its assigns shall have all rights and remedies provided to a secured creditor under the UCC and other applicable law which rights and remedies shall be cumulative.
In order to induce CR LLC to enter into this Agreement and to make purchases hereunder, Transferor, in its capacity as seller under this Agreement, hereby makes the representations and warranties set forth in this Article VI as of the Initial Funding Date and each other date when Accounts are added to the Included Portfolio pursuant to Section 2.3.
Transferor agrees to direct its respective Obligors in the billing statements to make payments of Receivables directly to a Lockbox Account as CR LLC (or the Administrator, as its assignee) shall specify in accordance with any applicable requirements of the Receivables Purchase Agreement.
In accordance with and subject to the terms and conditions set forth in this Agreement, at the Closing, (a) CR LLC shall sell, assign, transfer, convey to CPHA LLC, and CPHA LLC shall purchase and accept, the CP General Partnership Interest (b) A.
CR LLC shall pay interest on the deferred Purchase Price outstanding from time to time under this Agreement at a variable rate per annum equal to the rate of interest published in the Wall Street Journal as the "Federal Funds" rate plus 1.0% per annum as of the last Business Day of the most recent Due Period.
In the case of any disclosure permitted by clause (ii) or (iii), CR LLC, the Servicer or the Administrator, as applicable, shall use commercially reasonable efforts to (x) provide Transferor with advance notice of any such disclosure and (y) cooperate with Transferor in limiting the extent or effect of any such disclosure.