Upon Lender s request, Borrower agrees to deliver to Lender, at such places as Lender may reasonably designate, schedules executed by Borrower, listing the Receivables and fully and correctly specifying in adequate detail the aggregate unmatured unpaid face amount of each Receivable and the amount of the deferred installments thereof falling due each month. These schedules shall be in form and tenor satisfactory to or supplied by Lender. All schedules delivered and Collateral pledged to Lender shall be assigned to Lender pursuant to the "Schedule of Receivables and Assignment" in the form and substance of Exhibit "E" attached hereto. Borrower further warrants and agrees that in each case where the terms of any Receivable require the Borrower or the Account Debtor named in such Receivable to place or carry fire insurance or other insurance in respect of the merchandise or property to which such Receivable relates, the Borrower shall or shall cause the Account Debtor to maintain such insurance until the full amount of such Receivable is collected and if not, Lender, at its option, may place and maintain such insurance, charging the cost thereof to Borrower.
Upon Lender s request, Borrower shall deliver to Lender an Officer's Certificate setting forth (i) the number of properties covered by such policy, (ii) the location by city (if available, otherwise, county) and state of the properties, (iii) the average square footage of the properties (or the aggregate square footage), (iv) a brief description of the typical construction type included in the blanket policy and (v) such other information as Lender may reasonably request.
Upon Lender s request therefor given from time to time after the occurrence of any Default or Event of Default, pay for reports of UCC, federal tax lien, state tax lien, judgment and pending litigation searches relating to Borrower and the members of the Borrower Control Group;
Examples of Upon Lender in a sentence
Upon Lender giving notice to Borrower of any such assignment, Borrower shall promptly acknowledge its obligations hereunder to such assignee, and shall comply with the written directions or demands of such assignee and shall make all payments due hereunder as such assignee may direct in writing.
Upon Lender HUD approval, Seller’s HUD is sent for signature.DAY 4Schedule Buyer to sign loan documentation.DAY 5Signed Buyer’s documents are received in Escrow.
The proposed work shows one example on how data collected through games can be used in the design of algorithms.
When generating the modified CESRc lattices, it is necessary to intentionally distort or otherwise modify the optics in order to achieve certain desired constraints on the system.
Upon Lender furnishing to Borrower an affidavit to such effect, if the Note is mutilated, destroyed, lost or stolen, Borrower shall deliver to Lender, in substitution therefore, a new note containing the same terms and conditions as the Note.
More Definitions of Upon Lender
Upon Lender s written request and at Borrower's sole expense, Borrower will promptly and duly execute and deliver such further instruments and documents and take such further action as Lender may reasonably request for the purpose of obtaining, giving notice of, protecting, preserving and perfecting the security interests granted under this Agreement, including, without limitation, the filing of any financing or continuation statements under the Uniform Commercial Code (the "CODE") in effect in any jurisdiction with respect to the security interests created hereby, the recording of the security interests granted hereunder in any intellectual property with the appropriate governmental or other authorities in any jurisdiction. Borrower agrees that a carbon, photographic or other reproduction of this Agreement (or, if appropriate, any other Loan Document) will be sufficient as a financing statement for filing in any jurisdiction.
Upon Lender s request Borrower shall furnish Lender with receipts showing payment of the Property Taxes and Charges prior to such Property Taxes and Charges becoming delinquent.
Upon Lender s request from time to time, all parties to this Agreement shall make, execute, acknowledge and deliver any and all documents, instruments or other written undertakings, and shall take all such further action, as in each case may be required to carry out the intent and purpose of this Agreement and to provide for the payment and securing of the Obligations according to the intent and purpose expressed in this Agreement and Security Documents.
Upon Lender s request therefor given from time to time after the occurrence of any Default or Event of Default pay for (a) reports of UCC, federal tax lien, state tax lien, judgment and pending litigation searches with respect to Borrower and (b) searches of title to the Facility, each such search to be conducted by search firms reasonably designated by Lender in each of the locations reasonably designated by Lender.
Upon Lender s receipt of the amount set forth in Section 8.1(b)(i) hereof, the Outstanding Principal Balance of the Note shall be equal to $2,800,000.00.
Upon Lender s request, Borrower will: store the Inventory in a warehouse in Lender's name, if an Event of Default exists; deliver to Lender documents of title representing the Inventory; or evidence Lender's security interests and liens in some other manner acceptable to Lender. Until the occurrence of an Event of Default by Borrower under this Agreement or a default under any other agreement between Borrower and Lender, Borrower may, subject to the provisions hereof and consistent herewith, sell the Inventory, but only in the ordinary course of Borrower's business. A sale of Inventory in Borrower's ordinary course of business does not include an exchange or a transfer in partial or total satisfaction of a debt owing by Borrower, nor does it include an exchange for less than a present fair consideration.
Upon Lender s demand, Borrower shall promptly take such action or execute such documents as may be required by Lender. (I.) Borrower will timely and completely comply with and fulfill all of the terms and provisions to be complied with or fulfilled by the borrower under this Agreement, the Note, Mortgage and all other legal Loan Documents. (J.) Borrower further acknowledges and agrees that Lender does not warrant, guaranty, certify or make any representations as to the quality of the improvements, the workmanship, or the improvements conforming to any design, specification(s), building code(s) or use(s). (K.) Each request by Borrower for an advance hereunder shall constitute an affirmation that the representations and warranties made in this Agreement and in the Note, Mortgage and other legal Loan Documents remain true and correct as of the date of such request and, unless Lender is notified to the contrary prior to disbursement of the requested advance, will continue to be so on the date of such advance.