Eligible Instruments. 5 Euroclear...................................................5
Eligible Instruments. Each Instrument which is assigned to Lender pursuant to this Agreement and against which an Advance is requested shall be an Eligible Instrument at the time of assignment. Borrower has performed all of its obligations to Purchasers, and there are no executory obligations to Purchasers to be performed by Borrower, except for Completion of the Work. Borrower further warrants and guarantees the enforceability of the Receivables Collateral.
Eligible Instruments. Futures and/or options with up to 2 years’ maturity, on a rolling basis, as set out in a schedule to be agreed (or such other instruments approved by the Majority Participants and the Fronting Banks) Currency: Hedging Support LCs may be issued in US Dollars only.
Eligible Instruments. Assets subject to this investment policy may be invested only in the following U.S. Dollar denominated securities: • Money market mutual funds • Obligations of a U.S. Federal • Agency or U.S. Government Sponsored enterprise Commercial Paper • Corporate Debt • Variable Rate Demand Obligations • Obligations issued by the U.S. Treasury • Auction Rate Certificates • Auction Preferred Stock • Certificates of Deposit • Municipal Securities • Repurchase Transactions • Eurodollar Time Deposits
Eligible Instruments. 41 (z) Omissions and Statements.......................................41 (aa) No Indebtedness................................................41 (bb) Mortgage Document Representations..............................41 (cc) Survival of Representations and Warranties.....................41 6.2 Affirmative Covenants of the Borrower...............................41 (a) Special Purpose Entity.........................................42 (b) Tax Returns....................................................42 (c) Principal Place of Business....................................42 (d) Originator Defaults............................................42 (e) Security Interest in Future Collateral.........................42 (f) Servicer's Reports, Monthly Reports............................42 (g) Notice Upon Event of Default...................................42 (h) Other Information..............................................43 (i) Existence; Compliance with Law.................................43
Eligible Instruments. Each Instrument which is assigned to Lender pursuant to this Agreement and against which an Advance is requested or which is assigned in satisfaction of Borrower's obligations under Section 3.2 hereof is, or shall be at the time that it is assigned, as the case may be, an Eligible Instrument and in conformance with the terms and conditions of this Agreement and all of the other Documents applicable to Instruments at the time of assignment; provided however, that, if such Instrument is in fact an Ineligible Instrument due to a lack of enforceability and if the Borrower replaces or substitutes such instrument in accordance with the provisions of Section 3.2 hereof, no Event of Default shall thereby occur hereunder. As of the related Transfer Date, Borrower, each Originator and each Servicer shall have performed all their obligations to Purchasers required to be performed as of such date, and there shall be no executory obligations to Purchasers to be Performed by Borrower, any Originator or any Servicer or other than obligations which by their nature or by agreement are to be executed in the future. Each Instrument pledged to the Lender hereunder has been duly endorsed by the Borrower to such Lender, and in a manner that satisfies all requirements of endorsement and assignment, in order to transfer all right, title and interest of the Borrower in each such Instrument.
Eligible Instruments. Each Instrument which is assigned to Lender pursuant to this Agreement and against which an Advance of the Receivables Loan is requested or which is assigned in satisfaction of Borrower's obligations under paragraph 2.7 or 3.2 shall be an Eligible Instrument at the time of assignment. Borrower has Performed all of its obligations to Purchasers, and there are no executory obligations to Purchasers to be Performed by Borrower, except for non-delinquent and executory obligations disclosed to Purchasers in their Purchase Contracts. Each Purchase Contract and Reservation Agreement which is assigned to Lender pursuant to this Agreement and against which an Advance of the Working Capital Loan is requested or which is assigned in satisfaction Borrower's obligations under paragraph 2.7 and 3.2 shall be a Working Capital Loan Eligible Instrument.
Eligible Instruments. An Advance shall be made against an Eligible Instrument only once, at the time it is assigned to Lender. The Advance made against an Eligible Instrument shall be in an amount equal to the then Borrowing Base of such Eligible Instrument; provided, however, that the aggregate outstanding principal balance of all Advances shall not exceed the Maximum Loan Amount at any time. No Advances shall be made against Instruments assigned to Lender pursuant to paragraph 3.2.
Eligible Instruments. 20 (b) No Prepayment. . . . . . . . . . . . . . . . . . . . . . . . 20 (c) Fulfill Obligations to Purchasers. . . . . . . . . . . . . . 20 (d) Documents Delivered to Lender. . . . . . . . . . . . . . . . 20 (e)
Eligible Instruments. Each Instrument sold to Buyer pursuant to this Agreement shall be an Eligible Instrument. Borrower has Performed all its obligations to Purchasers, and there are no executory obligations to Purchasers to be Performed by Borrower. Borrower further warrants and guarantees the enforceability of the Instruments.
