Warehouse Lines Sample Clauses

Warehouse Lines. All warehouse lines of Seller (other than the warehouse line evidenced by the Agreement) of Seller existing on the date hereof are listed on Schedule 2 hereto, including related lender, facility size, total line amount, outstanding amount, and maturity or termination date.
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Warehouse Lines. With respect to the Warehouse Lines set forth in Section 6.12 of the Company Disclosure Schedule (the “Company Warehouse Lines”), effective as of the Closing, Parent shall (a) either purchase or cause to be purchased the outstanding loans under all such Company Warehouse Lines or replace all such Company Warehouse Lines and (b) with respect to each guaranty or similar credit support arrangement issued by Seller in relation to the Company Warehouse Lines (collectively, the “Support Obligations”), Parent or Purchaser shall provide guaranties or obtain, prior to the Closing, substitute credit support arrangements in replacement for all such Support Obligations and obtain a full release of all of Seller’s Support Obligations, and shall procure that Seller and its Affiliates be fully released from its respective obligations under and all Liabilities with respect to the Support Obligations, in form and substance reasonably satisfactory to Seller.
Warehouse Lines. Liens pursuant to any mortgage warehouse line of credit (provided that (i) no Lien in connection with any mortgage warehouse line of credit gives rise to any interest in any of the Collateral, and (ii) underlying mortgage loans made under such warehouse lines shall be entered into pursuant to unconditional purchase commitments (subject to program deliverable and other requirements arising in the ordinary course of business consistent with past practices) from Xxxxxx Mae or Xxxxxxx Mac, or other investors acceptable to the Required Lenders in their reasonable discretion, on terms and conditions consistent with the mortgage warehouse line of credit utilized by CMC on the date hereof);
Warehouse Lines. (e) Trade payables of the Borrowers and the Guarantors and their Subsidiaries incurred in the ordinary course of business which are due and payable, and are customarily paid, within sixty (60) days of the incurrence thereof.
Warehouse Lines. GSM has in place warehouse lines of credit in the total amount of approximately $________________ which warehouse lines are in force at the date hereof. GSM hereby delivers to IMNF Schedule 3.27 showing the names, locations and amounts of all such warehouse lines of credit.
Warehouse Lines. Within thirty (30) days after the Closing Date, the Purchaser shall cause MFG to pay off all of its outstanding warehouse lines up to an aggregate amount of $10,000,000. As used herein, the term “warehouse lines” means MFG’s lines of credit with Georgia Banking Company and Ameris Bank which are primary used to fund the mortgage loans that MFG makes to its customers in the ordinary course of business. In the event Seller and/or any affiliated entity of Seller is a guarantor on any such warehouse lines, Purchaser shall instruct the applicable lenders to terminate all such applicable guarantee agreements of Seller and/or such affiliates. The Purchaser shall cause MFG to remit to the Seller any return of deposits that collateralized the warehouse lines. MFG shall have no duty or responsibility to take any action to obtain such deposits; provided, however, that if any such deposits have not been returned by the Closing Date, Seller, in his position as President of MFG Post-Closing, may continue his efforts to obtain any and all deposits which he deems are refundable, provided it is at no cost to MFG, does not unduly interfere with his performance of employment services for MFG does not involve filing or threatening litigation without the prior written consent of the MFG board of directors or does not adversely impact MFG.
Warehouse Lines. 41 10.10 Non-Competition Agreement.....................................41
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Warehouse Lines. Upon the request of Purchaser, Seller Group will use commercially reasonable efforts to cause FHLMC to transfer the FHLMC Automated Underwriting System Timesharing Agreement dated June 12, 1997 to Purchaser, to cause Residential Funding Corporation to transfer the Lockpointe Xtra Software Licensing Agreement dated August 20, 1997 and to cause its existing warehouse lenders to transfer Seller's warehouse lines of credit to Purchaser; provided, however, that Seller shall not be so obligated if, in the sole discretion of Seller, Seller determines such effort would (i) adversely affect its ability to sell the Loans in Inventory, or (ii) impair its liquidity position in any material respect; provided, further, Seller's failure to obtain such consents shall not (i) excuse the BNC Parties from any obligations under this Agreement, or (ii) be deemed a failure by Seller to satisfy Section 8.1(b) hereof. In the event such transfers occur prior to Closing, such agreements shall become Assumed Contracts for purposes of this Agreement.
Warehouse Lines. Schedule 3.22 hereto sets forth a list of each Warehouse Line as of January 1, 2001, together with the aggregate discounted principal balance

Related to Warehouse Lines

  • Vehicles Each Financed Vehicle to which a Designated Receivable relates was a new or used medium or heavy duty truck, truck chassis, bus or trailer at the time the related Obligor executed the Retail Note.

  • Warehousing The Agent shall arrange for warehouse services for all Roundup Products until such time as the products are delivered to proper carriers. The Agent agrees to comply with all applicable environmental rules and regulations in owning or operating any warehouse.

  • Property Locations (a) Provide to Administrative Agent at least ten (10) days’ prior written notice before adding any new offices or business or Collateral locations, including warehouses (unless such new offices or business or Collateral locations qualify as Excluded Locations).

  • Equipment The Fund shall obtain and maintain at its own cost and expense all equipment and services, including but not limited to communications services, necessary for it to utilize the Software and obtain access to the System, and Custodian shall not be responsible for the reliability or availability of any such equipment or services.

  • Furniture, Fixtures and Equipment Sublessee shall have the right to use during the Term the office furnishings and equipment within the Subleased Premises that are identified on Exhibit C attached hereto, as such exhibit may be adjusted by mutual agreement of the parties prior to the Third Floor Premises Delivery Date (the “Furniture”), provided Sublessee may only use the Furniture located in the Second Floor Premises after the Second Floor Commencement Date. The Furniture is provided in its “AS IS, WHERE IS” condition, without representation or warranty whatsoever. Sublessee shall insure the Furniture under the property insurance policy required under the Master Lease, as incorporated herein, and pay all taxes with respect to the Furniture. Sublessee shall maintain the Furniture in good condition and repair, reasonable wear and tear excepted, and shall be responsible for any loss or damage to the same occurring during the Term. Sublessee shall surrender the Furniture to Sublessor upon the termination of this Sublease in the same condition as exists as of the applicable Delivery Date, reasonable wear and tear excepted. Sublessee shall not remove any of the Furniture from the Subleased Premises. Notwithstanding anything to the contrary herein, Sublessee may provide Sublessor with written notice one (1) time not less than forty-five (45) days prior to the Third Floor Premises Delivery Date that lists any items of Furniture that Sublessee does not want to use and Sublessor shall, at no cost to Sublessee, remove such items from the Subleased Premises prior to the Third Floor Premises Delivery Date and such items shall no longer be considered Furniture hereunder. Notwithstanding the foregoing, provided Sublessee is not in default beyond the expiration of any applicable cure or grace period as of the date of the expiration or earlier termination of this Sublease, which condition may be waived by Sublessor in its sole discretion, then upon the expiration or earlier termination of this Sublease, the Furniture shall become the property of Sublessee, and Sublessee shall accept the same in its “AS IS, WHERE IS” condition, without representation or warranty whatsoever except as provided in the Bill of Sale referred to in the following sentence. In the event the Furniture is to become the property of Sublessee upon the expiration or earlier termination of this Sublease pursuant to the terms of the immediately preceding sentence, then Sublessor agrees to execute and deliver to Sublessee a Bill of Sale in the form of Exhibit D attached hereto conveying and transferring to Sublessee the Furniture.

  • Capital Equipment Collaborator’s commitment, if any, to provide ICD with capital equipment to enable the research and development activities under the Research Plan appears in Appendix B. If Collaborator transfers to ICD the capital equipment or provides funds for ICD to purchase it, then ICD will own the equipment. If Collaborator loans capital equipment to ICD for use during the CRADA, Collaborator will be responsible for paying all costs and fees associated with the transport, installation, maintenance, repair, removal, or disposal of the equipment, and ICD will not be liable for any damage to the equipment.

  • Real Estate All real property at any time owned or leased (as lessee or sublessee) by the Borrower or any of its Subsidiaries.

  • Facility Prudential is willing to consider, in its sole discretion and within limits which may be authorized for purchase by Prudential Affiliates from time to time, the purchase of Shelf Notes pursuant to this Agreement. The willingness of Prudential to consider such purchase of Shelf Notes is herein called the “Facility”. At any time, the aggregate principal amount of Shelf Notes stated in Section 1.2, minus the aggregate principal amount of Shelf Notes purchased and sold pursuant to this Agreement prior to such time, minus the aggregate principal amount of Accepted Notes (as hereinafter defined) which have not yet been purchased and sold hereunder prior to such time, is herein called the “Available Facility Amount” at such time. NOTWITHSTANDING THE WILLINGNESS OF PRUDENTIAL TO CONSIDER PURCHASES OF SHELF NOTES BY PRUDENTIAL AFFILIATES, THIS AGREEMENT IS ENTERED INTO ON THE EXPRESS UNDERSTANDING THAT NEITHER PRUDENTIAL NOR ANY PRUDENTIAL AFFILIATE SHALL BE OBLIGATED TO MAKE OR ACCEPT OFFERS TO PURCHASE SHELF NOTES, OR TO QUOTE RATES, SPREADS OR OTHER TERMS WITH RESPECT TO SPECIFIC PURCHASES OF SHELF NOTES, AND THE FACILITY SHALL IN NO WAY BE CONSTRUED AS A COMMITMENT BY PRUDENTIAL OR ANY PRUDENTIAL AFFILIATE.

  • Collateral Locations All of such Grantor’s locations where Collateral is located are listed on Exhibit A. All of said locations are owned by such Grantor except for locations (i) which are leased by the Grantor as lessee and designated in Part VII(b) of Exhibit A and (ii) at which Inventory is held in a public warehouse or is otherwise held by a bailee or on consignment as designated in Part VII(c) of Exhibit A.

  • Office Space, Equipment and Facilities Provide such office space, office equipment and office facilities as are adequate to fulfill the Adviser’s obligations hereunder.

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