Examples of Loan Documents in a sentence
In addition, the Administrative Agent and the Lenders may disclose the existence of this Agreement and information about this Agreement to market data collectors, similar service providers to the lending industry and service providers to the Administrative Agent and the Lenders in connection with the administration of this Agreement, the other Loan Documents, and the Commitments.
Promptly upon request by the Administrative Agent, (a) correct any material defect or manifest error that may be discovered in any Loan Document and (b) do, execute and take any and all such further acts, deeds, certificates and assurances and other instruments as the Administrative Agent may reasonably require from time to time in order to carry out more effectively the purposes of the Loan Documents.
Notwithstanding anything to the contrary contained in any Loan Document, the interest paid or agreed to be paid under the Loan Documents shall not exceed the maximum rate of non-usurious interest permitted by applicable Law (the “Maximum Rate”).
During the prepetition period after their respective Loans were executed, the FBF Defendants and the CapCall Defendants received 28.5% and 25.8% of the Debtor’s ordinary course receipts and collections, respectively, far exceeding the specified percentage of 15% set forth in their respective Loan Documents.
The CapCall Defendants’ failure to return the excess amount collected of$15,146.60 to the Debtor or the Estate constitutes a breach of the CapCall Loan Documents.