Acceptance Generally Sample Clauses

Acceptance Generally. Subject to compliance with the terms and conditions of Section 7.1, the Banks have accepted the properties listed on Schedule 1.1(C) --------------- as of the Closing Date as Collateral Pool Properties. If the Borrower desires that the Banks accept an additional property as a Collateral Property, the Borrower shall so notify the Agent, and the Agent shall promptly notify each other Bank. No such additional property will be evaluated by the Banks as a potential Collateral Pool Property unless the Borrower delivers to the Agent in form and substance acceptable to the Agent the items set forth on Schedule 1.1(R). If, after receipt and review of the --------------- items set forth on Schedule 1.1(R) (including without limitation a --------------- Compliance Certificate giving effect to the inclusion of the proposed property into the Collateral Pool), the Agent is prepared to proceed with acceptance of such property as a Collateral Pool Property, the Agent will so notify the Borrower, and the Agent will obtain an Appraisal of such property in order to determine the As-Is Value thereof. After approving such As-Is Value, the Agent will submit the foregoing documents and information and the As-Is Value to the Banks, for their consideration in deciding whether to accept or reject the property as a Collateral Pool Property. The acceptance by Banks which constitute the Required Banks will be required for a property to be accepted as a Collateral Pool Property. The decision of a Bank to accept a property as a Collateral Pool Property shall be made in each Bank's sole discretion. The Banks agree to make a decision with respect to such property within fifteen (15) Business Days after the receipt of such documents and information and the As-Is Value, provided that the failure of any Bank to respond -------- within such time period shall be deemed to constitute such Bank's acceptance of such property as a Collateral Pool Property. If the Banks agree to accept such property as a Collateral Pool Property, upon
Sample 1
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Acceptance Generally. 26 3.1.2 Collateral Pool Addition Fee. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 3.2 Release of Collateral Pool Properties. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 3.3
Sample 1
Acceptance Generally. 31 3.1.2 Collateral Pool Addition Fee........................................................ 32 3.2 Release of Collateral Pool Properties......................................................... 32 3.3 Borrowing Base Determinations................................................................. 33 3.3.1 Appraisals.......................................................................... 33 3.3.2 Borrowing Base Value................................................................ 33
Sample 1

Related to Acceptance Generally

  • Notice Generally Any notice, demand, request, consent, approval, declaration, delivery or other communication hereunder to be made pursuant to the provisions of this Warrant shall be sufficiently given or made if in writing and either delivered in person with receipt acknowledged or sent by registered or certified mail, return receipt requested, postage prepaid, addressed as follows:

  • Compliance Generally The Corporation and each of the Material Subsidiaries has conducted and is conducting its business in compliance in all material respects with all applicable laws, rules and regulations of each jurisdiction in which its business is carried on and assets are owned, leased or operated;

  • Title Generally Each of the Borrower and its Subsidiaries has good title to, or valid leasehold interests in, all its real and personal property material to its business, except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.

  • Due Diligence Generally Priveco will be reasonably satisfied with their due diligence investigation of Pubco that is reasonable and customary in a transaction of a similar nature to that contemplated by the Transaction.

  • Terms and Usage Generally Unless the context otherwise clearly requires: (a) a term has the meaning assigned to it; (b) “or” is not exclusive; (c) wherever from the context it appears appropriate, each term stated in either the singular or the plural shall include the singular and the plural, and pronouns stated in either the masculine, feminine or neuter shall include the masculine, feminine and neuter; (d) provisions apply to successive events and transactions; (e) all references in this Agreement to “include” or “including” or similar expressions shall be deemed to mean “including without limitation”; (f) all references in this Agreement to designated “Articles,” “Sections,” “paragraphs,” “clauses” and other subdivisions are to the designated Articles, Sections, paragraphs, clauses and other subdivisions of this Agreement, and the words “herein,” “hereof,” “hereunder” and other words of similar import refer to this Agreement as a whole and not to any particular Article, Section, paragraph, clause or other subdivision; and (g) any definition of or reference to any agreement, instrument, document, statute or regulation herein shall be construed as referring to such agreement, instrument, document, statute or regulation as from time to time amended, supplemented or otherwise modified (subject to any restrictions on such amendments, supplements or modifications set forth herein). The headings in this Agreement are inserted for convenience only and are in no way intended to describe, interpret, define, or limit the scope, extent or intent of this Agreement or any provisions contained herein. Any capitalized terms used herein and not defined shall have the meanings ascribed to them in the Equityholders Agreement.

  • Disclosure Generally Notwithstanding anything to the contrary contained in the Disclosure Schedules or in this Agreement, the information and disclosures contained in any Disclosure Schedule shall be deemed to be disclosed and incorporated by reference in any other Disclosure Schedule as though fully set forth in such Disclosure Schedule for which applicability of such information and disclosure is reasonably apparent on its face. The fact that any item of information is disclosed in any Disclosure Schedule shall not be construed to mean that such information is required to be disclosed by this Agreement. Such information and the dollar thresholds set forth herein shall not be used as a basis for interpreting the terms “material” or “Material Adverse Effect” or other similar terms in this Agreement.

  • Interest Generally Interest on the outstanding principal balance of the Loan shall accrue from the Closing Date to but excluding the Maturity Date at the Interest Rate.

  • of the General Terms and Conditions If none, please so indicate by checking the box: x.

  • Covenant Compliance Generally For purposes of determining compliance under Sections 9.1, 9.2, 9.3, 9.5 and 9.6, any amount in a currency other than Dollars will be converted to Dollars in a manner consistent with that used in calculating Consolidated Net Income in the annual financial statements of the Borrower and its Subsidiaries delivered pursuant to Section 8.1(a) or (b), as applicable. Notwithstanding the foregoing, for purposes of determining compliance with Sections 9.1, 9.2 and 9.3, with respect to any amount of Indebtedness or Investment in a currency other than Dollars, no breach of any basket contained in such sections shall be deemed to have occurred solely as a result of changes in rates of exchange occurring after the time such Indebtedness or Investment is incurred; provided that for the avoidance of doubt, the foregoing provisions of this Section 1.10 shall otherwise apply to such Sections, including with respect to determining whether any Indebtedness or Investment may be incurred at any time under such Sections.

  • Transfer Generally (a) The term “

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