AMRESCO Sample Clauses

AMRESCO. INC. has requested that Agent and Lenders modify, amend and restate the Second Loan Agreement in order to, in part, (a) increase the revolving credit facility to an aggregate amount not to exceed Four Hundred Ninety Million and No/100 Dollars ($490,000,000), (b) revise certain financial covenants set forth in the Second Loan Agreement and (c) for AMRESCO INC.'s convenience change the structure to cause AMRESCO, INC. and AMRESCO UK Holdings Limited to be the borrowers thereunder and the other subsidiaries of AMRESCO, INC. (other than certain excluded subsidiaries) to be guarantors rather than borrowers under the credit facilities. Upon and subject to the terms of this Agreement and each of the other Loan Documents, Agent and Lenders are willing to modify, amend and restate the Second Loan Agreement. Accordingly, in consideration of the mutual covenants contained herein, Borrower, Guarantors, Agent and Lenders (each as herein defined) agree as follows:
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AMRESCO. Amresco Residential Mortgage Corporation.
Sample 1
AMRESCO. INC. has requested that Agents and Arrangers (each as herein defined) arrange a credit facility to replace the credit facility created by the Third Loan Agreement in order to, in part, (a) increase the aggregate credit facility to Seven Hundred Thirty-Seven Million Five Hundred Thousand and No/100 Dollars ($737,500,000), with the ability to further increase such credit facility to Nine Hundred Million and No/100 Dollars ($900,000,000), and (b) revise certain financial covenants and other provisions set forth in the Third Loan Agreement. Upon and subject to the terms of this Agreement and each of the other Loan Documents, Agents and Lenders are willing to replace the credit facility created by the Third Loan Agreement. Accordingly, in consideration of the mutual covenants contained herein, Borrower, Guarantors, Agents and Lenders (each as herein defined) agree as follows:
Sample 1
AMRESCO. Residential Capital Markets, Inc. (the "Seller") has been duly organized and is validly existing as a corporation in good standing under the laws of the State of Delaware and is duly qualified to do business and is in good standing as a foreign corporation in each jurisdiction in which its ownership or lease of property or the conduct of its business requires such qualification, and has all power and authority necessary to own or hold its properties and to conduct the business in which it is engaged and to enter into and perform its obligations under the Transfer Agreements.
Sample 1

Related to AMRESCO

  • Asset Management a. Data Sensitivity - Transfer Agent acknowledges that it understands the sensitivity of Fund Data.

  • PORTFOLIO HOLDINGS The Adviser will not disclose, in any manner whatsoever, any list of securities held by the Portfolio, except in accordance with the Portfolio’s portfolio holdings disclosure policy.

  • Acquisition Corp Acquisition Corp. is a wholly-owned Delaware subsidiary of Parent that was formed specifically for the purpose of the Merger and that has not conducted any business or acquired any property, and will not conduct any business or acquire any property prior to the Closing Date, except in preparation for and otherwise in connection with the transactions contemplated by the Merger Documents and the other agreements to be made pursuant to or in connection with the Merger Documents.

  • Not a U.S. Real Property Holding Corporation The Acquiror Company is not and has not been a United States real property holding corporation within the meaning of Section 897(c)(2) of the Code at any time during the applicable period specified in Section 897(c)(1)(A)(ii) of the Code.

  • U.S. Real Property Holding Corporation The Company is not and has never been a U.S. real property holding corporation within the meaning of Section 897 of the Internal Revenue Code of 1986, as amended, and the Company shall so certify upon Purchaser’s request.

  • Residential Funding Corporation If Residential Funding Corporation is found by a court of competent jurisdiction to no longer be able to fulfill its obligations as REMIC Administrator under this Agreement the Master Servicer or Trustee acting as Master Servicer shall appoint a successor REMIC Administrator, subject to assumption of the REMIC Administrator obligations under this Agreement.

  • Real Property Holding Corporation The Company is not and has never been a U.S. real property holding corporation within the meaning of Section 897 of the Internal Revenue Code of 1986, as amended, and the Company shall so certify upon Purchaser’s request.

  • S.T If Federal Funds are not received on time, such funds will be invested, and shares purchased thereby will be issued, as soon as practicable.

  • Cornerstone shall notify the LLC and confirm such advice in writing (i) when the filing of any post-effective amendment to the Registration Statement or supplement to the Prospectus is required, when the same is filed and, in the case of the Registration Statement and any post-effective amendment, when the same becomes effective, (ii) of any request by the Securities and Exchange Commission for any amendment of or supplement to the Registration Statement or the Prospectus or for additional information and (iii) of the entry of any stop order suspending the effectiveness of the Registration Statement or the initiation or threatening of any proceedings for that purpose, and, if such stop order shall be entered, Cornerstone shall use its best efforts promptly to obtain the lifting thereof.

  • IMCO IMCO represents and warrants to MFS that (i) the retention of MFS by IMCO as contemplated by this Agreement is authorized by the respective governing documents of the Trust and IMCO; (ii) the execution, delivery and performance of each of this Agreement and the Investment Advisory Agreement does not violate any obligation by which the Trust or IMCO or their respective property is bound, whether arising by contract, operation of law or otherwise; (iii) each of this Agreement and the Investment Advisory Agreement has been duly authorized by appropriate action of the Trust and IMCO and when executed and delivered by IMCO will be a legal, valid and binding obligation of the Trust and IMCO, enforceable against the Trust and IMCO in accordance with its terms, subject, as to enforcement, to applicable bankruptcy, insolvency and similar laws affecting creditors' rights generally and to general equitable principles (regardless of whether enforcement is sought in a proceeding in equity or law); (iv) IMCO is registered as an investment adviser under the Advisers Act; (v) IMCO has adopted a written code of ethics complying with the requirements of Rule 17j-1 under the 1940 Act and that IMCO and certain of its employees, officers and directors are subject to reporting requirements thereunder; (vi) IMCO is not prohibited by the 1940 Act, the Advisers Act or other law, regulation or order from performing the services contemplated by this Agreement; and (vii) IMCO will promptly notify MFS of the occurrence of any event that would disqualify IMCO from serving as investment manager of an investment company pursuant to Section 9(a) of the 1940 Act or otherwise.

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