I T A L S definition

I T A L S. A. Borrower has obtained financing from Lenders pursuant to that certain Amended and Restated Revolving Credit Loan Agreement dated as of even date herewith (hereinafter, together with any and all extensions, renewals, modifications, replacements and substitutions thereof, referred to as the "Loan Agreement") and those certain Substitution Revolving Promissory Notes and Revolving Promissory Notes dated as of even date herewith (hereinafter, together with any and all extensions, renewals, modifications, replacements and substitutions thereof, referred to as the "Loan"). B. Borrower's obligations under the Loan are secured in part by a Deed to Secure Debt and Security Agreement in favor of Lenders (the "Deed to Secure Debt") GEORGIA PROPERTIES encumbering real property located in Dekalb County, Georgia, and being more particularly described on attached Exhibit A (the "Property"). C. As a condition precedent to and as a material inducement for Lenders' agreement to provide the Loan to Borrower, Lenders have required Borrower to execute and deliver this Agreement, it being acknowledged and understood by Borrower that Lenders otherwise are not willing to make or provide the Loan. D. Borrower has obtained a Phase I Environmental Site Assessment dated September 10 , 1997, prepared by ATC Associates, Inc. (the "Environmental Assessment"), and has delivered a copy of the same to Lenders. Lenders intend to rely on the Environmental Assessment in making the Loan.
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I T A L S. A. Licensor and Licensee are parties to an Asset Purchase Agreement, dated _________, 1998 (the "Purchase Agreement"), pursuant to which Licensor has acquired from Licensee all proprietary and other property rights and interests in and to the corporate and trade name "Radius" and the marks and trademarks specified on ExhibitE1 hereto under which Licensee has previously conducted its business of designing, developing, assembling, marketing and selling computer displays (the "Display Business").
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I T A L S. A. Borrower has obtained financing from Lenders pursuant to that certain Amended and Restated Revolving Credit Loan Agreement dated as of even date herewith (hereinafter, together with any and all extensions, renewals, modifications, replacements and substitutions thereof, referred to as the "Loan Agreement") and those certain Substitution Revolving Promissory Notes and Revolving Promissory Notes dated as of even date herewith (hereinafter, together with any and all extensions, renewals, modifications, replacements and substitutions thereof, referred to as the "Loan"). B. Borrower's obligations under the Loan are secured in part by a Mortgage, Assignment of Leases and Rents, and Security Agreement in favor of Lenders (the "Mortgage") encumbering real property located in Greenville County, South Carolina, and being more particularly described on attached Exhibit A (the "Property"). SOUTH CAROLINA PROPERTIES C. As a condition precedent to and as a material inducement for Lenders' agreement to provide the Loan to Borrower, Lenders have required Borrower to execute and deliver this Agreement, it being acknowledged and understood by Borrower that Lenders otherwise are not willing to make or provide the Loan. D. Borrower has obtained a Phase I Environmental Site Assessment dated December 2, 1997, prepared by Law Engineering and Environmental Services, Inc. (the "Environmental Assessment"), and has delivered a copy of the same to Lenders. Lenders intend to rely on the Environmental Assessment in making the Loan.
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Examples of I T A L S in a sentence

  • R E C I T A L S WHEREAS, Parent, Boise Southern Company, a Louisiana general partnership ("Southern"), Minidoka Paper Company, a Delaware corporation ("Minidoka") (collectively, "Sellers" and, individually, a "Seller"), Holdings, and Boise Land & Timber Corp., a Delaware corporation and indirect wholly-owned Subsidiary of Holdings ("Timber Co.") are party to an Asset Purchase Agreement, dated as of July 26, 2004 (the "ASSET PURCHASE AGREEMENT").

  • R E C I T A L S A.Landlord is the owner of a tract of land situated in Myrtle Grove, Plaquemines Parish, Louisiana, and more particularly described in Exhibit A (Description of Land) attached hereto (the “Land”).

  • R E C I T A L S WHEREAS, M.I.T. is the owner of certain PATENT RIGHTS (as later defined herein) relating to M.I.T. Case No. 7967, “Method And Apparatus For Performing Microassays” by ▇▇▇ ▇▇▇▇▇▇ and M.I.T. Case No. 9118, “Molecular Screening In An Array Of Through-holes”, by ▇▇▇▇▇ ▇.

  • SERIES C CONVERTIBLE PREFERRED STOCK PURCHASE AGREEMENT Closing: February 22, 2001 R E C I T A L S 1.

  • R E C I T A L S In connection with negotiations relating to the proposed issuance by Catalyst and purchase by Purchaser of shares of Catalyst's Common Stock, Purchaser desires to make certain covenants to Catalyst so as to provide limits on Purchaser's ownership of and voting of its capital stock of Catalyst.

  • R E C I T A L S WHEREAS, M.I.T. is the owner of certain PATENT RIGHTS (as later defined herein) relating to M.I.▇.

  • R E C I T A L S: Borrower is in the business of purchasing Assets from various Asset Sellers.

  • R E C I T A L S The Board of Directors of the Company has authorized and declared the payment of a dividend of one preferred share purchase right (the "Right") for each share of Common Stock (as defined in Section 1) outstanding on the Record Date (as defined in Section 1) and has authorized the issuance of one Right for each share of Common Stock issued between the Record Date and the Distribution Date (as such terms are defined in Section 1), and, in certain cases, following the Distribution Date.

  • R E C I T A L S --------------- Borrower has requested that Lender make revolving loans and other financial accommodations to Borrower as more fully described in this Agreement.

  • R E C I T A L S: TUFCO, L.P. is entering into that certain Credit Agreement dated of even date herewith with Tufco Technology, Inc., the banks party thereto (each individually a "Bank" and collectively, the "Banks") and the Secured Party, as agent for the Banks (such agreement, as it may be amended or otherwise modified from time to time, herein the "Credit Agreement").