GE Loan definition
Examples of GE Loan in a sentence
Any notice required or permitted to be given under this Agreement shall be in writing and shall be deemed to have been given when delivered by hand or three days after being deposited in the United States mail, by registered or certified mail, return receipt requested, postage prepaid, addressed as follows: If to the Company: Empire Financial Holding Company 1385 West State Road 434 Longwood, F▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇: ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇ With a copy to: -------------- Mr. Phillip J.
To secure Hertz’s obligations under the GE Credit Agreement, the GE Collateral Agreement and the other GE Loan Documents, Hertz has pledged and assigned to the GE Collateral Agent for the benefit of the secured parties under the GE Collateral Agreement a security interest in all of its right, title and interest in, to and under this Escrow Agreement (but not the Escrow Accounts) insofar as it relates to GE Financed Vehicles and the Escrow Agent, HVF and HGI hereby consent to such assignment.
Nine Million Five Hundred Thousand Dollars ($9,500,000.00) of the initial advance of the Loans shall be used to repay sums received by SL Delaware from the GE Lenders pursuant to SECTION 2.01 of the GE Loan Agreement, and the remainder of the initial advance shall be used to repay outstanding obligations of Borrowers to the GE Lenders under the GE Loan Agreement.
The GE Loan shall be evidenced by a mutually acceptable definitive loan agreement to be executed and delivered by GE and Emcore on or before the Closing Date (the "GE Loan Agreement").
To secure Hertz’s obligations under the GE Credit Agreement, the GE Collateral Agreement and the other GE Loan Documents, Hertz has pledged and assigned to the GE Collateral Agent for the secured parties under the GE Collateral Agreement a security interest in all right, title and interest in, to and under this Agreement insofar as it relates to GE Financed Vehicles and the QI consents to such assignment.
The GE Loan Agreement shall contain (A) customary representations and warranties on the part of Emcore, (B) customary affirmative and negative covenants relating to Emcore and its business and (C) the general terms set forth on Schedule 3.01(a)(ii) attached hereto.
A Uniform Commercial Code Search, indicting that the Membership Interests and the limited liability company interests in AFE and the Subsidiaries are unencumbered by an lien, encumbrance or other security interest thereon, except for liens, encumbrances or security interests in favor of GE pursuant to the GE Loan, and federal and state law searches for Seller and each of the Subsidiaries indicating the absence of any bankruptcy proceeding, federal or state tax lien, litigation and unsatisfied judgments.
Lender shall have received payment in full in cash of (i) that portion of the Obligations in excess of the borrowing base and other limitations set forth in the GE Loan Agreement, and (ii) that portion of the Liabilities in excess of the borrowing base and other limitations set forth in the TCFC Loan Agreement.
GE Consent Documents - means such documents and instruments as may be required by the lender under the GE Loan to be executed and delivered by HCP, Emeritus, Emeritus Realty or the Emeritus Parties in connection with or as a condition to the GE Consent, in each case in form and substance as shall be acceptable to HCP and Emeritus in their sole discretion, as applicable.
Rather, all such amounts held in the GE Reserve Accounts shall remain the property of Emeritus and/or such Lessee following the Closing and Lessee shall be entitled to apply the same towards operating expenses of the Properties following the Closing subject to and in accordance with the terms of the Master Lease and the assumed GE Loan Documents.