GECDF definition
Examples of GECDF in a sentence
GECDF is hereby appointed Administrative Agent hereunder and under each of the other Loan Documents.
GECDF, in its capacity as a Lender, shall hold a pro-rata portion of the Aggregate Facilities at least equal to or greater than the Aggregate Facility of each other Lender individually; provided, however, that after an acceleration of the Loan Obligations or upon the occurrence and during the continuance of an Event of Default, GECDF shall be permitted to assign all or any portion of its Facilities and the foregoing restriction shall not be applicable after any such assignment.
The Notice Address of GECDF and Administrative Agent appearing on the signature page of the Original Credit Agreement is hereby deleted and replaced in its entirety with the following: “GE Commercial Distribution Finance Corporation ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇.
Among other symbols, Lender hereby adopts "GE Commercial Distribution Finance Corporation," "GE Commercial Distribution Finance," "GECDF," "CDF" or "Lender" as evidence of its intent to authenticate a record.
Borrower agrees that the purchase of any Collateral by a Vendor, as provided in any agreement between Administrative Agent and the Vendor or GECDF and Vender, is a commercially reasonable disposition and private sale of such Collateral under the UCC, and no request for bids shall be required.
This Agreement may not be amended except by written agreement between GECDF and TFC and shall be governed by and construed according to the laws of the state of New York.
Colmena agrees to qualify and or register in those states GECDF may request in order to sell its Shares.
During such 45 day period, TFC shall use reasonable administrative efforts to forward directly to GECDF any other invoices received on Customers' behalf.
Accordingly, Administrative Agent, Borrower and each Lender agrees that due to the difficulty in determining the actual rate of return on any particular Floorplan Loan for Interim Floorplan Loan or with respect to any particular invoice underlying any such Loan the Lenders (other than GECDF) will be paid the interest rate specified in this Agreement.
Administrative Agent or GECDF have entered into agreements with Vendors which will be receiving proceeds of the Aggregate Floorplan Loan Facility and the Interim Floorplan Loan Facility (each being a "Vendor Agreement" and collectively, the "Vendor Agreements").