SFNL definition
Examples of SFNL in a sentence
SFNL is a financial services company specializing electronic transactions.
SFNL is a financial services company specializing in short term high-margin business capital markets, sometimes referred to as “Opportunity Financing.” The company primarily engages in the types of transactions that include, but are not limited to Container Financing and Bridge Financing.
SFNL AND LENDER HEREBY WAIVE TRIAL BY JURY IN ANY JUDICIAL PROCEEDING INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER (WHETHER SOUNDING IN TORT, CONTRACT OR OTHERWISE) IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED WITH ANY LOAN DOCUMENT OR THE RELATIONSHIP ESTABLISHED THEREUNDER.
Within thirty (30) days after SFNL having received a receipt for payment of Covered Taxes and/or Other Taxes, SFNL shall furnish to Lender, the original or certified copy of a receipt evidencing payment thereof.
SFNL and Lender have executed this Agreement as of the date first above written.
In lieu of the foregoing procedures, a holder may assign a Note (in whole but not in part) to a new holder by sending written notice to SFNL of such assignment specifying the new holder’s name and address; in such case, SFNL shall promptly acknowledge such assignment in writing to both the old and new holder.
No Plan has any material amount of unfunded benefit liabilities (within the meaning of Section 4001(a)(18) of ERISA) or any accumulated funding deficiency (within the meaning of Section 302(a)(2) of ERISA), whether or not waived, and neither SFNL nor any member of the Controlled Group has incurred or expects to incur any material withdrawal liability under Subtitle E of Title IV of ERISA to a Multiemployer Plan.
If an Event of Default specified in paragraphs (g) or (h) of Section 8.1 hereof shall occur, the unpaid balance of the Notes and interest accrued thereon and all other liabilities of SFNL to the holders thereof hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or (except as expressly required hereby) notice of any kind, all of which are hereby expressly waived.
Lender hereby represents and warrants to SFNL that it is an “accredited investor” within the meaning of Rule 501 (a) under the Securities Act and is acquiring the Additional Securities for investment for its own account, with no present intention of dividing its participation with others or reselling or otherwise distributing the same in violation of the Securities Act or any applicable state securities laws.
This Amendment, together with the other Loan Documents, embody the entire agreement and understanding among SFNL and Lender and supersede all prior agreements and understandings among SFNL and Lender relating to the subject matter thereof.