Approved State definition

Approved State means each of the 00 Xxxxxx Xxxxxx xx Xxxxxxx and the District of Columbia.

Approved State means a state listed on Exhibit J attached hereto.

Approved State means, [***] and such other states that the Borrower requests, in writing, to add and which are approved in writing by the Administrative Agent in its sole discretion; provided, however, that in no event will a state in which a Regulatory Trigger Event is continuing be an “Approved State”.

Examples of Approved State in a sentence

• The Subdivision shall be located in an Approved MSA in an Approved State.

• Each Approved State will have a tailored Deed of Trust and Promissory Note, the content of which will be reviewed and approved by local counsel at the direction of Pxxxxxxxx Xxxxxxxx.

• No less than 15 days prior to the date upon which any Unit shall be relocated to any jurisdiction (other than an Approved State), the Lessee shall notify the Agent (on behalf of the Owner Trustee, the Holders, the Bank Lenders and the Lenders) of the same and of the need to make additional Uniform Commercial Code filings with respect thereto.

• No less than 15 days prior to the date upon which the Lessee shall have only one place of business (as such term, or any similar term, is defined under the Uniform Commercial Code of each Approved State) in a particular Approved State, the Lessee shall notify the Agent (on behalf of the Owner Trustee, the Holders, the Bank Lenders and the Lenders) of the same and of the need to make additional Uniform Commercial Code filings with respect thereto.

• Approved State PrivateSource has satisfied (i) the necessary state qualifications to do business and, where applicable, (ii) the necessary state licensing requirements to originate mortgage loans.

More Definitions of Approved State

Approved State means each of the 00 Xxxxxx Xxxxxx xx Xxxxxxx and the District of Columbia; provided, however, that, in the event that the Administrative Agent determines in its Permitted Discretion to revoke the designation or restore a previously revoked designation of any jurisdiction as an “Approved State” due to a change in, or change in the interpretation of, the regulations or law (including case law) relating to (i) the origination, administration, servicing or terms, including interest rates, of any loan made to a Receivables Obligor; (ii) the choice of law, or the enforceability of the choice of law, that governs a loan made to a Receivables Obligor; or (iii) the choice of venue or the choice of jurisdiction, or the enforceability of the choice of venue or the choice of jurisdiction, that governs a loan made to a Receivables Obligor, then upon receipt by Company of notice thereof from the Administrative Agent, each such jurisdiction shall or shall no longer constitute an “Approved State”, as applicable.

Approved State shall have the meaning set forth in Section 1.1(a)(ii) of Schedule A attached hereto.

Approved State means any state in the United States.

Approved State means each of the following: Colorado, Florida, Indiana, Oklahoma and Texas and any other state within the continental United States proposed by the Lessee and consented to in writing by the Agent.

Approved State means each of Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, West Virginia and to the extent the Lessee has given notice thereof pursuant to Section 5.6 of the Participation Agreement, each other state in the continental United States to which any Unit has been relocated.

Approved State means each of the 00 Xxxxxx Xxxxxx xx Xxxxxxx and the District of Columbia, other than New Jersey, Minnesota, North Carolina and Wisconsin, provided, however, that, in the event that the Requisite Lenders revoke the designation or restore a previously revoked designation of any jurisdiction as an “Approved State” due to a change in, or change in the interpretation of, the regulations or law (including case law) relating to (i) the origination, administration, servicing or terms, of any lease made to an Obligor; (ii) the choice of law, or the enforceability of the choice of law, that governs a lease made to an Obligor; or (iii) the choice of venue or the choice of jurisdiction, or the enforceability of the choice of venue or the choice of jurisdiction, that governs a lease made to a Obligor, then upon receipt by Company of written notice thereof from the Administrative Agent, each such jurisdiction shall or shall no longer constitute an “Approved State”, as applicable.

Approved State means each of the 50 United States of America and the District of Columbia, other than New Jersey, Minnesota, North Carolina and Wisconsin, provided, however, that, in the event that the Requisite Lenders revoke the designation or restore a previously revoked designation of any jurisdiction as an “Approved State” due to a change in, or change in the interpretation of, the regulations or law (including case law) relating to (i) the origination, administration, servicing or terms, of any lease made to an Obligor; (ii) the choice of law, or the enforceability of the choice of law, that governs a lease made to an Obligor; or (iii) the choice of venue or the choice of jurisdiction, or the enforceability of the choice of venue or the choice of jurisdiction, that governs a lease made to a Obligor, then upon receipt by Company of written notice thereof from the Administrative Agent, each such jurisdiction shall or shall no longer constitute an “Approved State”, as applicable.