Underlying Facts Sample Clauses

Underlying Facts. SELLER represents and acknowledges the following underlying facts as true and correct and on which PURCHASER has placed material reliance in entering and which form the factual foundation for this Agreement:
AutoNDA by SimpleDocs
Underlying Facts. (a) You have agreed to enter into a certain Loan and Security Agreement of even date herewith (the "Agreement") with DIVERSIFIED CORPORATE RESOURCES, INC., a Texas corporation ("Borrower") and its subsidiaries (each a "Credit Party" and, collectively, the "Credit Parties"), pursuant to which you will make loans against and be granted a security interest in various accounts receivable of the Credit Parties ("Financed Accounts Receivable").
Underlying Facts. (a) You have agreed to extend credit to Applied LNG Technologies USA, L.L.C. and Arizona LNG, L.L.C. (together “Borrower”) in an amount up to $5,000,000.00 (the “Loan”), as evidenced by one or more promissory notes executed by Borrower (individually and collectively, the “Note”).
Underlying Facts. (a) You have agreed to enter into a certain Loan And Security Agreement of even date herewith (the "Agreement") with AHPC Holdings, Inc., a Maryland corporation, and American Health Products Corporation, a Texas corporation (together "Borrower"), pursuant to which you will extend certain loans to Borrower.
Underlying Facts. (a) You have agreed to extend financing facilities to STEELBANK INC. (the "Seller") as evidenced by a Factoring and Security Agreement dated May 14, 2004 (the "Factoring Agreement") and documents executed therewith (the "Finance Facilities").

Related to Underlying Facts

  • Characteristics of Receivables As of the Cut-Off Date (or such other date as may be specifically set forth below), each Receivable:

  • Characteristics The Initial Contracts have the following characteristics: (i) all the Contracts are secured by Motorcycles; (ii) no Initial Contract has a remaining maturity of more than 84 months; and (iii) the final scheduled payment on the Initial Contract with the latest maturity is due not later than May 2011. Approximately 79.79% of the Principal Balance of the Initial Contracts as of the Initial Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 20.21% is attributable to loans for purchases of used Motorcycles. No Initial Contract was originated after the Initial Cutoff Date. No Initial Contract has a Contract Rate less than 4.489%. The last scheduled payment date of the Contracts (including any Subsequent Contracts) is due no later than August 2011. Approximately 97.94% of the Principal Balance of the Initial Contracts as of the Initial Cutoff Date is attributable to loans for purchases of Motorcycles manufactured by Harley-Davidson or Buell and approximately 2.06% of the Principal Balance of the Initial Contracts as of the Initial Cutoff Date is attributable to loans to purchase Motorcycles not manufactured by Harley-Davidson or Buell.

  • Mortgage Loan Characteristics The characteristics of the related Mortgage Loan Package are as set forth on the description of the pool characteristics for the applicable Mortgage Loan Package delivered pursuant to Section 11 on the related Closing Date in the form attached as Exhibit B to each related Assignment and Conveyance Agreement;

  • Mortgage Loan Schedules The Mortgage Loan Seller agrees to provide to the Purchaser as of the date hereof a preliminary listing of the Mortgage Loans (the “Preliminary Mortgage Loan Schedule”) setting forth the information listed on Exhibit 2 to this Agreement with respect to each of the Mortgage Loans being sold by the Mortgage Loan Seller. If there are changes to the Preliminary Mortgage Loan Schedule, the Mortgage Loan Seller shall provide to the Purchaser as of the Closing Date a final schedule (the “Final Mortgage Loan Schedule”) setting forth the information listed on Exhibit 2 to this Agreement with respect to each of the Mortgage Loans being sold by the Mortgage Loan Seller to the Purchaser. The Final Mortgage Loan Schedule shall be delivered to the Purchaser on the Closing Date, shall be attached to an amendment to this Agreement to be executed on the Closing Date by the parties hereto and shall be in form and substance mutually agreed to by the Mortgage Loan Seller and the Purchaser (the “Amendment”). If there are no changes to the Preliminary Mortgage Loan Schedule, the Preliminary Mortgage Loan Schedule shall be the Final Mortgage Loan Schedule for all purposes hereof.

  • Individual Characteristics Each Receivable has the following individual characteristics as of the Cut-Off Date:

  • Mortgage Loan Schedule The information pertaining to each Mortgage Loan which is set forth in the Mortgage Loan Schedule attached as an exhibit to this Agreement is true and correct in all material respects as of the Cut-off Date and contains all information required by the Pooling and Servicing Agreement to be contained therein.

  • Aircraft Basic Price The Aircraft Basic Price is listed in Table 1 and is subject to escalation in accordance with the terms of this Purchase Agreement.

  • BOEING PROPRIETARY Attachment D to Letter Agreement No. 6-1162- SKC-976-1 ***

  • Airframe The Airbus A300F4-605R aircraft (excluding the Engines or engines from time to time installed thereon) to be leased by the Lessor to the Lessee pursuant to the Lease and the initial Lease Supplement and having the United States FAA Registration Number initially and manufacturer's serial number specified in the initial Lease Supplement, including (i) all Parts in respect thereof and (ii) any Replacement Airframe which may be substituted pursuant to Section 11.03

  • Pool Characteristics The Mortgage Loans in the related Mortgage Loan Package have the characteristics as set forth on Exhibit 2 to the related Assignment and Conveyance.

Time is Money Join Law Insider Premium to draft better contracts faster.