Delivery of Loans Sample Clauses

Delivery of Loans. On or before the business day immediately preceding each Settlement Date, the Seller shall deliver to the Buyer the following for each Loan purchased:
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Delivery of Loans. (a) Upon the acquisition of any Collateral by the Borrower, the ownership of each transferred Underlying Instrument and the contents of each Loan File will be vested in the Borrower. Each Loan and Related Security transferred to the Borrower shall immediately and without further action automatically become part of the Collateral.
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Delivery of Loans. (a) The Initial Member will grant a Limited Power of Attorney to the Company in the form attached hereto as Attachment D. The Company will prepare and execute on behalf of the Initial Member, within a reasonable time after the Closing Date, all Transfer Documents not delivered by the Initial Member to the Company at Closing, and the Company shall perform all acts required to be performed by the Initial Member pursuant to Section 3.01. The Initial Member shall cooperate with the Company with respect to the Company’s obligation to prepare and record (if applicable) such Transfer Documents. All Transfer Documents prepared by the Company shall be in appropriate form suitable for filing or recording (if applicable) in the relevant jurisdiction and otherwise subject to the limitations set forth herein, and the Company shall be solely responsible for the preparation, contents and form of such documents. The Company hereby releases the Initial Member from any loss or damage incurred by the Company due to the contents or form of any documents prepared pursuant to this Section
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Delivery of Loans. If not already in Xxxxxx Mae’s possession, the School agrees to deliver to Xxxxxx Xxx the notes and other documentation for Loans offered for sale on a schedule and in a manner Xxxxxx Mae reasonably requests. Except for Loans that are processed and originated wholly by Xxxxxx Xxx on behalf of the Trustee and the School, the School agrees to bear the risk of loss for the Loans until Xxxxxx Mae receives them. Xxxxxx Xxx will provide the School with a written receipt for delivery. Xxxxxx Mae will make a microfilm or computer-imaging record of the documents it receives. The Trustee and the School agree that this record will be the final authority used to resolve any dispute over questions about whether a specific document was received by Xxxxxx Xxx unless contrary proof acceptable to Xxxxxx Mae is provided. Xxxxxx Xxx will provide a copy of the record to the Trustee or the School upon request.
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Delivery of Loans. A Loan shall be deemed to have been delivered and pledged to the Bank under this Pledge and Security Agreement when:
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Delivery of Loans. (a) Delivery to Banc One of Loan Documents, Credit Documents, and all other documents or items of the Loan File for each Loan purchased by Banc One hereunder shall be made by Seller, at Seller's sole expense, in compliance with the requirements of this Agreement, and shall occur no later than the date or dates and time required by the related Delivery Instructions and any other document delivered to Seller by Banc One pursuant thereto and relating to the Loans for which such Loan Documents and Credit Documents are being delivered. The Note for each Loan shall be endorsed "Pay to the Order of Banc One Financial Servcies, Inc. Without Recourse" and executed, either by original signature or authorized facsimile by an authorized signer of Seller.
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Delivery of Loans. Purchaser shall, upon receipt from Seller of a fully documented loan package for each Mortgage Loan, deliver the agreed upon Purchase Price (less any fees or discounts due to the Purchaser), in accordance with Seller’s instructions or in accordance with any bailee letter or trust receipt submitted with the loan package. Seller will deliver the loan package to the Purchaser in a timely manner, but no later than the expiration date confirmed at the time the Mortgage Loan is locked on the Purchaser’s automated lock system, unless delivery is extended by Purchaser in writing. In the event any Mortgage Loan sold to Purchaser hereunder is prepaid in full within one hundred twenty (120) days following the date such Mortgage Loan is sold to Purchaser hereunder, Seller shall refund the servicing release premium and any rebate pricing paid by Purchaser at the time of purchase.
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Related to Delivery of Loans

  • Delivery of Loan Documents Borrower shall have delivered the following documents (and, as applicable, duly executed and dated the Closing Date or an earlier date satisfactory to Agent):

  • Delivery of Lender Addenda Each initial Lender shall become a party to this Agreement by delivering to the Administrative Agent a Lender Addendum duly executed by such Lender, the Borrower and the Administrative Agent.

  • Delivery of a Utilisation Request The Borrower may utilise the Facility by delivery to the Agent of a duly completed Utilisation Request not later than the Specified Time.

  • Delivery of Notes The Administrative Agent shall have received, for the account of each Lender that has requested a Note, such Lender’s Notes duly executed and delivered by an Authorized Officer of the Borrower.

  • Delivery of Funds No later than one (1) business day after the execution of this Agreement by the Investor and the Company, the Investor shall remit by wire transfer the amount of funds equal to the aggregate purchase price for the Units being purchased by the Investor to the following account designated by the Company and the Placement Agent pursuant to the terms of that certain Escrow Agreement (the “Escrow Agreement”) dated as of the date hereof, by and among the Company, the Placement Agent and JPMorgan Chase Bank, N.A. (the “Escrow Agent”): JPMorgan Chase Bank, N.A. ABA # 000000000 Account Name: QuickLogic Corporation Account Number: 806033411, Quick Logic Escrow Account Attention: Xxxxxx Xxxxx Tel: (000) 000-0000 Such funds shall be held in escrow until the Closing and delivered by the Escrow Agent on behalf of the Investors to the Company upon the satisfaction, in the sole judgment of the Placement Agent, of the conditions set forth in Section 3.2(b) hereof. The Placement Agent shall have no rights in or to any of the escrowed funds, unless the Placement Agent and the Escrow Agent are notified in writing by the Company in connection with the Closing that a portion of the escrowed funds shall be applied to the Placement Fee. The Company agrees to indemnify and hold the Escrow Agent harmless from and against any and all losses, costs, damages, expenses and claims (including, without limitation, court costs and reasonable attorneys fees) (“Losses”) arising under this Section 3.3 or otherwise with respect to the funds held in escrow pursuant hereto or arising under the Escrow Agreement, unless it is finally, judicially determined that such Losses resulted directly from the willful misconduct or gross negligence of the Escrow Agent. Anything in this Agreement to the contrary notwithstanding, in no event shall the Escrow Agent be liable for any special, indirect or consequential loss or damage of any kind whatsoever (including but not limited to lost profits), even if the Escrow Agent has been advised of the likelihood of such loss or damage and regardless of the form of action.

  • Delivery of Letter of Credit Tenant shall deliver to Landlord concurrent with Tenant’s execution of this Lease, as protection for the full and faithful performance by Tenant of all of its obligations under this Lease and for all losses and damages Landlord may suffer (including, without limitation, damages provided to Landlord pursuant to Section 1951.2 of the California Civil Code) as a result of any breach or default by Tenant under this Lease, an unconditional, clean, irrevocable negotiable standby letter of credit (the “L/C”) in the amount set forth in Section 10 of the Summary (the “L/C Amount”), in the form attached hereto as Exhibit I, payable in the City of San Francisco, California (or payable upon delivery of a draw request sent by Landlord by overnight courier delivery), running in favor of Landlord, drawn on a bank (the “Bank”) reasonably approved by Landlord and at a minimum having a long term issuer credit rating from Standard and Poor’s Professional Rating Service of A or a comparable rating from Xxxxx’x Professional Rating Service (the “Credit Rating Threshold”), and otherwise conforming in all material respects to the requirements of this Article 21, including, without limitation, all of the requirements of Section 21.2 below, all as set forth more particularly hereinbelow. Tenant shall pay all expenses, points and/or fees incurred by Tenant in obtaining and maintaining the L/C. In the event of an assignment by Tenant of its interest in the Lease (and irrespective of whether Landlord’s consent is required for such assignment), the acceptance of any replacement or substitute letter of credit by Landlord from the assignee shall be subject to Landlord’s prior written approval, in Landlord’s reasonable discretion, and the out-of-pocket attorney’s fees for outside counsel incurred by Landlord in connection with such determination shall be payable by Tenant to Landlord within ten (10) days of billing.

  • Delivery of Contracts The Company has made available to Parent accurate and complete copies of all written Material Contracts identified in Part 2.11(a) of the Disclosure Schedule, including all amendments thereto. Part 2.11(b) of the Disclosure Schedule provides an accurate and complete description of the material terms of each Material Contract that is not in written form. Each Contract identified in Part 2.11(a) of the Disclosure Schedule is valid and in full force and effect, and is enforceable by the Company in accordance with its terms, subject to: (i) laws of general application relating to bankruptcy, insolvency and the relief of debtors; and (ii) rules of law governing specific performance, injunctive relief and other equitable remedies.

  • Delivery of Note The Lender shall have received a Note duly executed and delivered by an Authorized Officer of the Borrower.

  • Delivery of Collateral All certificates representing or evidencing the Pledged Stock shall be delivered to and held by or on behalf of Pledgee pursuant hereto and shall be accompanied by duly executed instruments of transfer or assignments in blank, all in form and substance satisfactory to Pledgee. Each Pledgor hereby authorizes the Issuer upon demand by the Pledgee to deliver any certificates, instruments or other distributions issued in connection with the Collateral directly to the Pledgee, in each case to be held by the Pledgee, subject to the terms hereof. Upon the occurrence and during the continuance of an Event of Default (as defined below), the Pledgee shall have the right, during such time in its discretion and without notice to the Pledgor, to transfer to or to register in the name of the Pledgee or any of its nominees any or all of the Pledged Stock. In addition, the Pledgee shall have the right at such time to exchange certificates or instruments representing or evidencing Pledged Stock for certificates or instruments of smaller or larger denominations.

  • Delivery of Warrants (a) On the date hereof, the Borrower shall issue to the Lenders warrants to purchase an aggregate of six million two hundred fifty thousand shares of Common Stock, in substantially the form set forth on Exhibit E hereto (together with any Warrants issuable pursuant to subsection (b) below, the “Warrants”) at an initial Exercise Price of $1.39 (the “Initial Warrant Exercise Price”) and an expiration date of March 17, 2020.

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