FASCO definition
Examples of FASCO in a sentence
The parties hereto acknowledge that FASCO is acquiring the Loans for the purpose of contributing them to the Trust that will issue the Certificates representing undivided interests in such Loans.
As an inducement to FASCO to purchase the Loans, the Seller acknowledges and consents to the assignment by FASCO to the Trustee of all of FASCO's rights against the Seller pursuant to this Purchase Agreement and to the enforcement or exercise of any right or remedy against the Seller pursuant to this Purchase Agreement by the Trustee under the Pooling and Servicing Agreement.
All applicable waiting periods shall have expired without any action being taken by any competent authority which would restrain, prevent or otherwise impose adverse conditions on the completion of the FASCO Acquisition or the financing thereof.
Such enforcement of a right or remedy by the Trustee shall have the same force and effect as if the right or remedy had been enforced or exercised by FASCO directly.
On the date of the initial Advance hereunder and on the date of the consummation of the FASCO Acquisition, the Borrower believes that the Opening Projections are reasonable and attainable, it being understood that uncertainty is inherent in any forecasts or projections.
The March 31, 2002 consolidated pro forma financial statements of FASCO heretofore delivered to the Lenders were prepared as special purpose audits in accordance with generally accepted accounting principles in effect on the date such statements were prepared and, subject to the assumptions stated therein, fairly present the consolidated financial condition and operations of FASCO at such date and the consolidated results of their operations for the period then ended.
Pursuant to Section 10.02 of the Servicing Agreement, CMC hereby represents and warrants, for the benefit of GCFP, FASCO, the Trustee and the Trust Fund (including the Trustee and the Master Servicer acting on the Trust Fund’s behalf), that the representations and warranties set forth in Article III of the Servicing Agreement are true and correct as of the date hereof as if such representations and warranties were made on such date.
FASCO ENTITIES.....................................................................................67 SCHEDULE 5.7. LITIGATION.......................................................................................67 BRIDGE CREDIT AGREEMENT This Agreement, dated as of December 30, 2002, is among Tecumseh Products Company, a Michigan corporation, the Lenders and Bank One, NA, a national banking association having its principal office in Chicago, Illinois, as Agent.
Such enforcement of a right or remedy by FASCO on behalf of the Trust Fund shall have the same force and effect as if the right or remedy had been enforced or exercised by GCFP directly and the Trustee on behalf of the Trust Fund hereby consents to such enforcement by FASCO.
Pursuant to Section 10.02 of the Servicing Agreement, GMAC hereby represents and warrants, for the benefit of GCFP, FASCO, the Trustee, the Trust Administrator and the Trust Fund (including the Trustee, the Trust Administrator and the Master Servicer acting on the Trust Fund’s behalf), that the representations and warranties set forth in Article III of the Servicing Agreement are true and correct as of the date hereof as if such representations and warranties were made on such date.