Lending Formulas definition

Lending Formulas means, collectively, the percentages set forth ---------------- in Section 3.1(a) hereof with respect to Eligible Accounts and the various types or categories of Eligible Inventory.
Sample 1
Lending Formulas means the percentages with respect to Eligible Accounts and Eligible Inventory set forth in the definition of the term Borrowing Base contained herein.
Sample 1Sample 2
Lending Formulas means the percentages set forth in Section 3.1 hereof with respect to Eligible Accounts and Eligible Inventory.
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Examples of Lending Formulas in a sentence

  • Except in Agent's discretion, the aggregate maximum amount of Loans which might otherwise be made available to Borrowers by Agent pursuant to the Lending Formulas, the lending sublimit set forth in Section 3.1(b) and the Maximum Credit, shall be reduced from time to time in an amount equal to one hundred (100%) percent of the then outstanding aggregate amount of the Letter of Credit Accommodations and all other commitments and obligations made or incurred by Agent with respect thereto.

  • Lender hereby agrees not to change the Lending Formulas in effect under the Loan Agreement as of the effective date hereof for a period of sixty (60) days from the effective date hereof, provided, that, no Draw Event (as such term is defined in the Junior Participation Agreement) has occurred.


More Definitions of Lending Formulas

Lending Formulas means, collectively, the Eligible Accounts Lending Formula, the Operating Leases Lending Formula, the Capital Leases Lending Formula, the Finished Goods Inventory Lending Formula, the Long Term Receivables Contract Lending Formula and the Real Property Lending Formula.
Sample 1Sample 2
Lending Formulas means, collectively, the Operating Leases Lending Formula, the Capital Leases Lending Formula, the Finished Goods Inventory Lending Formula, the Long Term Receivables Lending Formula and the Real Property Lending Formula."
Sample 1Sample 2
Lending Formulas means, collectively, the Operating Leases Lending Formula and the Capital Leases Lending Formula.
Sample 1
Lending Formulas means the lending formulas set forth in Sections 2.1(a)(i) and (ii) and Section 2.2 of the Loan Agreement, without giving effect to this Amendment and the Supplemental Credit Facility, as the same now exist or may hereafter be adjusted by Lender pursuant to the Loan Agreement. (xi) " R & R" shall mean R & R Vista, a general partnership organized under the laws of the state of Oregon, and its successors and assigns. (xii) "Standby Letter of Credit" shall mean the Irrevocable Standby Letter of Credit, dated of even date herewith, issued by Xxxxx Fargo Bank for the account of R & R and for the benefit of Lender in the original face amount of $10,000,000.
Sample 1

Related to Lending Formulas

  • Combination Products means COBI Combination Products, EVG Combination Products, TDF Combination Products, TAF Combination Products and Quad Product.

  • Corresponding Component As identified in the Preliminary Statement with respect to any Class of Non-Vertically Retained Principal Balance Certificates or Lower-Tier Regular Interest.

  • New Products means any product which is not an Enhanced Product or Existing Product but which is substantially similar to an of this Agreement, "New Product" or "New Products" shall mean any product which is not an Enhanced Product or 2 Existing Product but which is substantially similar to an Existing Product with respect to design and function and possesses reasonable performance improvements. If Company desires to purchase an Enhanced or New Product(s) from Supplier, Company shall so notify Supplier and provide Supplier the opportunity to manufacture such Enhanced or New Product(s), subject to the following conditions and procedures.

  • Financial Product means any securities, futures contracts or leveraged foreign exchange contracts as defined under the SFO. Regarding “leveraged foreign exchange contracts”, it is only applicable to those traded by persons licensed for Type 3 regulated activity.

  • Hemp products means all products made from industrial hemp,

  • Product means any deliverable under the Contract, which may include commodities, services, technology or software.

  • Financial Products “Development Services”; “Target Market”; “Investment Areas”; and “Targeted Populations” have the meanings ascribed to such terms in 12 C.F.R. 1805.104.

  • Combination Product means a product (a) containing a Licensed Product together with one or more other active ingredients, or (b) with one or more products, devices, pieces of equipment or components, but sold for an integrated price (e.g., with the purchase of one product the customer gets a coupon for the other) or for a single price.

  • Other Products means all products and services, other than an Advance, Credit Product or Derivative Transaction, offered by the Bank to any Obligor from time to time, including correspondent banking services, mortgage purchase programs and affordable housing and community investment products and services.

  • Portfolios means the constituent series of the Fund, but for purposes of this Section 14.1 shall not include Portfolios excepted from the requirements of paragraph (a) of Rule 22c-2 by paragraph (b) of Rule 22c-2.

  • Products means information resources technologies that are, or are related to, EIR.

  • Investment product means a financial instrument (within the meaning of Article 4(1)(15) of MiFID II) or a structured deposit (within the meaning of Article 4(1)(43) of MiFID II).

  • Indices means, subject to Adjustment Provisions, the following indices (and each an Index)

  • Third Party Components means software and interfaces, licensed by RIM from a third party for incorporation into a RIM software product, or for incorporation into firmware in the case of RIM hardware products, and distributed as an integral part of that RIM product under a RIM brand, but shall not include Third Party Software.

  • Processes means, with respect to a loan, any of a series of acts or functions,

  • Pharmaceutical Product shall have the meaning ascribed to such term in Section 3.1(hh).

  • Programs refers to (a) the software owned or distributed by Oracle that You have ordered under Schedule P, (b) Program Documentation and (c) any Program updates acquired through technical support. Programs do not include Integrated Software or any Operating System or any software release prior to general availability (e.g., beta releases).