Financeable definition
Examples of Financeable in a sentence
With respect to each Site that is not a Financeable Site on the Effective Date, Lessee will use commercially reasonable efforts to make each such Site a Financeable Site prior to the one-year anniversary of the Effective Date.
In connection with Lessee's efforts under this Section 41(b), Lessor and the Sprint Additional Parties shall (and shall cause its Affiliates to) be actively involved with Lessee in all material aspects of the efforts to make all Sites Financeable Sites and shall use commercially reasonable efforts to cooperate with Lessee in such respect (but without obligation to pay any out-of-pocket costs, expenses or fees in respect thereof or related thereto).
The Buyer shall have received a survey of each Owned Property and each Leased Real Property to which the either Company or any of its Subsidiaries holds a Financeable Leasehold conforming to the Minimum Standard Detail Requirements jointly established and approved in 1992 by ALTA and ACSM certified to the Company, the Buyer, the Land and the Title Company and showing no defects, encroachments or encumbrances other than the matters disclosed on Schedule 3.12.
No material default beyond any applicable grace period or notice of termination under any Approved Lease or Financeable Ground Lease is outstanding.
The Availability Account is a Sub-Account to be opened for each French Seller (in relation to each applicable currency), the purpose of which is to record the amount of Financeable Amounts (as determined by the Factor pursuant to Clause 5.2 which are available to the French Sellers and for which the relevant French Sellers have not sent a Funding Request to the Factor in relation thereto.
No Borrower or Guarantor has mortgaged, pledged or otherwise encumbered any of the Approved Leases or any Financeable Ground Lease except for Permitted Exceptions or Customary Permitted Liens.
Each of the Approved Leases and each Financeable Ground Lease is in full force and effect and is a legally valid and binding obligation of the Borrower or Guarantor who owns the Property and the other parties thereto.
For the avoidance of doubt, this Section 6.03(a) shall not apply to any sale, assignment, transfer, conveyance or other disposition of Securitization Assets pursuant to a Securitization and any other Financeable Assets.
Such Borrower or Guarantor has not mortgaged, pledged or otherwise encumbered any Approved Lease or Financeable Ground Lease or its right to obtain rental, interest or other payments under any Approved Lease.
Financeable Sites and Severed Leases..............................89 SECTION 42.