Examples of NationsCredit Commercial in a sentence
Xxxx Xxxxxxxxx Xxxxxxx, Irving, Texas 75062, Telecopy (972) 000-0000, xx at such other address as shall be designated by the Depositor in a written notice to the Trustee, (b) in the case of the Servicer, to the agent for service as specified in the Agreement, at the following address: NationsCredit Commercial Corporation of America, 225 X.
For purposes of this Note, "Loan Agreement" shall mean the Loan and Security Agreement, dated as of April 30, 1998, as amended or otherwise modified, among the Borrowers, the other borrowers named therein and Greyrock Business Credit, a Division of NationsCredit Commercial Corporation (the "Senior Lender"), together with any agreement entered into in connection with the restatement, renewal, extension, restructuring, refunding or refinancing of the obligations under such loan agreement.
Except for payment defaults continuing for a period of less than 60 days as of the Cutoff Date, no default, breach, violation or event permitting acceleration under the terms of any Depositor Receivable shall have occurred and neither NationsCredit Commercial nor the Depositor shall have waived any of the foregoing.
All of the outstanding shares of capital stock of TWI and NCI are owned by TCP free of all Liens and Contracts, except for Liens in favor of NationsCredit Commercial Corporation and Mr. Xxxxxx X.
On the Petition Date, the Debtors’ debt structure consisted of the following: (i) a secured working capital facility with NationsCredit Commercial Corp.
The Company and the Trustee executed and delivered an Indenture, dated as of May 12, 2016 (the “Base Indenture”, as supplemented by this First Supplemental Indenture, the “Indenture”), to provide for the issuance by the Company from time to time of unsubordinated debt securities (the “Securities”) evidencing its unsecured indebtedness and for the issuance of guarantees of the Securities.
Neither TWI nor NCI shall issue or sell any shares of capital stock or issue or sell any securities convertible into, or Options to subscribe for any shares of capital stock and TCP shall not pledge or otherwise encumber any of their capital stock except for the Liens in favor of NationsCredit Commercial Corporation and Mr. Xxxxxx X.
At the Closing Date there shall be no outstanding Options with respect to TWI's or NCI's outstanding capital stock or TCP's partnership interests, except the warrant issued to NationsCredit Commercial Corporation.
NationsCredit Commercial Corporation consists of six divisions that specialize in one or more of the following areas: equipment loans and leasing; loans for debt restructuring, mergers and acquisitions and working capital; real estate, golf/recreational and health care financing; and inventory financing to manufacturers, distributors and dealers.
Xxxxxx, Xxnaging Director, and to any other Representative at such address, if any, as is specified in writing to the Company for notices hereunder; or, if sent to the Company, will be mailed, delivered or telegraphed and confirmed to NationsCredit Commercial Corporation of America, 225 X.