Encina definition
Examples of Encina in a sentence
School Wide Learning Support Team Joint Committee SJTA and the District agree to form a core team that will meet regularly throughout the 2015-2016 school year to help design, guide and implement prototypes at Encina, ▇▇▇▇▇ ▇▇▇▇, and the following schools in the Citrus Heights Region (Arlington Heights, Lichen, Sylvan and Mesa Verde).
Each Lender acknowledges and agrees that (i) Agent may elect to fund a Protective Advance or Overadvance through one or more of its Affiliates (including, without limitation, Encina Business Credit SPV, LLC) on behalf of Agent for administrative convenience and (ii) any such funding shall constitute a Protective Advance or Overadvance, as applicable, as if made by Agent subject to the terms and conditions of this Agreement.
The Parties addresses are as follows: Lessor: Encina Investment Street LLC 1999 South ▇▇▇▇▇▇ Ave.
Each Lender acknowledges and agrees that (i) Agent may elect to fund a Protective Advance or Overadvance through one or more of its Affiliates (including Encina Business Credit SPV, LLC) on behalf of Agent for administrative convenience and (ii) any such funding shall constitute a Protective Advance or Overadvance, as applicable, as if made by Agent subject to the terms and conditions of this Agreement.
If Encina resigns as L/C Issuer, it shall retain all the rights, powers, privileges and duties of the L/C Issuer hereunder with respect to all Letters of Credit outstanding as of the effective date of its resignation as L/C Issuer and all L/C Obligations with respect thereto (including the right to require the Lenders to make Base Rate Loans or fund risk participations in Unreimbursed Amounts pursuant to Section 2.03(c)).
Upon the appointment of a successor L/C Issuer, (a) such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring L/C Issuer and (b) the successor L/C Issuer shall issue letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of such succession or make other arrangements satisfactory to Encina to effectively assume the obligations of Encina with respect to such Letters of Credit.
Notwithstanding anything to the contrary contained herein, if at any time Encina assigns all of its Revolving Credit Commitment and Revolving Credit Loans pursuant to Section 10.06(b), Encina may, upon 30 days’ notice to the Borrower and the Lenders, resign as L/C Issuer.
By: Name: Title: Chief Financial Officer Dated [ , 201_] Reference is made to the Loan and Security Agreement dated as of [___________], 201[_] among [_______], a [________] and [_______], a [________] (each a "Borrower" and collectively the “Borrowers” ) , the other Loan Party Obligors party thereto, the lenders party thereto as "Lenders" and Encina Business Credit, LLC, as agent ("Agent") for the Lenders (as amended, restated, supplemented or otherwise modified from time to time, the "Loan Agreement").
In the event of any such resignation as L/C Issuer, the Borrower shall be entitled to appoint from among the Lenders a successor L/C Issuer hereunder; provided, however, that no failure by the Borrower to appoint any such successor shall affect the resignation of Encina as L/C Issuer.
Encina Business Credit, LLC agrees it shall not charge the Borrowers any fees for its own benefit in connection with arranging the issuance of any such letters of credit.