Purpose Statement definition
Examples of Purpose Statement in a sentence
If any of the collateral is margin stock, the Borrower shall provide to the Bank a Form U-1 Purpose Statement.
Upon request from a Lender or an Agent, the Borrower shall deliver to such Lender or Agent a completed Form U-l Purpose Statement or Form ▇-▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, as applicable, each as published by the FRB.
If any of the pledged assets are margin stock, the Borrower will provide the Bank a Form U-1 Purpose Statement, and the Bank and the Borrower will comply with the restrictions imposed by Regulation U of the Federal Reserve, which may require a reduction in the loan value of the margin stock pledged to the Bank.
Conexant will provide Alpha with reasonable access to the relevant work papers used to prepare the Special Purpose Statement of Tangible Net Assets and will consider in good faith any comments of Alpha thereon delivered to Conexant within 10 days after receipt of the Special Purpose Statement of Tangible Net Assets.
Within 20 days after Deloitte & Touche LLP has delivered its report on the Audited Balance Sheet, Conexant will prepare and deliver to Alpha the Special Purpose Statement of Tangible Net Assets.
The Team will prepare a Scoping Document that is consistent with this Agreement and, in particular, that reflects the purposes for creating the Park set out in the Park Purpose Statement for the Park in Schedule 5-2.
As of the date hereof, the Material Pledged Subsidiary Capital Stock held by such Pledgor listed on Schedule 2(b) attached hereto have been duly authorized and validly issued and are fully paid and non-assessable (if such issuer is a corporation) and are not subject to any options to purchase or any preemptive or similar rights of any Person (other than the Initial Borrower or any Subsidiary in respect of which a Purpose Statement on Federal Reserve Form FR U-1 has been provided).
Upon request from a Lender or an Agent, deliver to such Lender or Agent a Form U-l Purpose Statement or Form ▇-▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, as applicable, each as published by the FRB and duly completed and executed by a Responsible Officer of the Borrower in form and substance satisfactory to the Lenders.
The Borrower will promptly upon request of the Administrative Agent complete and deliver to the Administrative Agent a duly executed Purpose Statement on Federal Reserve Form FR U-1.
Purpose Statement for the student and staff systems of support committee: The committee will explore a comprehensive intervention and prevention system for affective and social emotional needs including clarification of existing support/resources/programs for students and staff.