Examples of Receivable Documentation in a sentence
Seller will duly perform and comply in all material respects with all terms under the Receivable Documentation and Loan Documents and promptly inform the Administrative Agent and each Purchaser Agent of any breach or default by Seller or any Account Debtor or Obligor of any of the terms thereof.
Servicer will comply in all material respects with all Applicable Laws with respect to it, the Pool Receivables and the Receivable Documentation and the Pool Loans and the Loan Documents and the servicing and collection thereof.
Servicer will duly perform and comply in all material respects with all terms under the Receivable Documentation and Loan Documents and promptly inform the Administrative Agent and each Purchaser Agent of any breach or default by Servicer or any Account Debtor or Obligor of any of the terms thereof.
Seller will comply in all material respects with all Applicable Laws with respect to it, the Pool Receivables and the Receivable Documentation and the Pool Loans and the Loan Documents.
In connection with its administration, collection and servicing obligations, Servicer will perform its duties under the Receivable Documentation related to the Pool Receivables and the Loan Documents related to the Pool Loans with the same care and applying the same policies as it applies to its own assets generally and would exercise and apply if it owned the Pool Assets and shall act in the best interest of the Affected Parties to maximize Collections.
No later than five (5) Business Days prior to the effectiveness thereof, copies of substantially final drafts of any proposed amendment, supplement, waiver or other modification with respect to any Material Indebtedness Agreement, any of the Property Senior Loan Documentation, any of the Mezzanine Loan Documentation, any of the Note Receivable Documentation, or any other agreement or instrument subject to the restrictions contained in Section 7.12.
The Administrative Agent shall have received a copy of all of the Note Receivable Documentation existing as of the Closing Date, certified by an officer of the Borrower as being true, correct and complete, and the applicable Credit Party shall have duly executed and delivered each Collateral Assignment of Loan Documents in connection with all such Note Receivable Documentation.
In connection with its servicing obligations, the Servicer will perform its duties under the Receivable Documentation related to the Purchased Receivables with the same care and applying the same policies as it applies to its own Receivables generally and would exercise and apply if it owned the Purchased Receivables and shall act to maximize Collections thereon.
Not later than the Business Day following the date of the receipt by any Credit Party or any of its Subsidiaries of cash constituting the payment of principal of any note receivable owing pursuant to any Mezzanine Loan Documentation or Note Receivable Documentation (other than the Oxford Properties Note), the Borrower will make a prepayment of the Loans in an amount equal to 100% of such cash receipts accordance with Section 2.11(d) below.
Upon an Event of Default by Borrower under this Agreement, Borrower shall deliver to the Lender the originals of all Accounts Receivable Documentation together with the originals of all instruments, chattel paper, security agreements, guaranties, and other documents and property evidencing or securing the Accounts in the same form as received by Borrower, each of which shall be properly endorsed by Borrower to the Lender, with recourse.