Examples of FF&E Financing in a sentence
Trustor covenants and agrees to comply with all of the terms and conditions set forth in any FF&E Financing Agreement.
Grantor shall comply with the terms of all FF&E Financing Arrangements.
No material adverse change has occurred with respect to the financial condition, business, property, prospects or ability of the Borrower to perform in all material respects its obligations under any Operative Document or any of the documents evidencing and securing the FF&E Financing to which it is a party.
If Grantor has acquired or hereafter acquires Operational Property or Fixtures subject to any FF&E Financing Arrangement, or becomes lessee under a lease for any of the same, the Lien of this Deed of Trust on such acquired or leased assets shall be subordinate to the Lien of such FF&E Financing Arrangement and Beneficiary, at Grantor’s cost, shall execute and deliver to Grantor such documents as Grantor may reasonably request evidencing such subordination.
This solution has a certain appeal and has the advantage that it generates a weighted predictive density that correctly reflects the risk picture as perceived by the forecasters or decision makers.