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AGREEMENT OF LENDER Sample Clauses

AGREEMENT OF LENDER. Lender agrees: (a) to accept the proceeds of the sale remitted by the Company to Lender pursuant to Section 2 above; (b) to apply such proceeds towards payment of outstanding amounts owing under the Notes; and
AGREEMENT OF LENDER. Lender agrees: (a) to accept the proceeds of the sale remitted by xxx Xxmpany to Lender pursuant to Section 2 above; (b) to apply such proceeds towards payment of outstanding amounts owing under the Note; and
AGREEMENT OF LENDER. In reliance on the truth and accuracy of the representations and warranties of Borrower set forth in Section 4.1(aa), Lender hereby agrees that the delivery of certificates and instruments evidencing ownership of the Collateral to Senior Lender, together with satisfaction of the conditions set forth in Section 3.1(a)(2)(H) hereof to the satisfaction of Lender, shall fulfill the obligation of Borrower, as of the date hereof, to deliver the Collateral to Lender.
AGREEMENT OF LENDERThe Lender agrees, upon satisfaction of the ------------------- conditions specified in Article Two of this Agreement, to deliver to the Borrowers, from time to time, UCC-3 partial releases and such other documents as the Borrowers may reasonably request, to more fully evidence the Lender's release of its Lien in the Receivables and the Other Conveyed Property. SECTION FOUR - GENERAL PROVISIONS ---------------------------------
AGREEMENT OF LENDER. Concurrently with the recording of the Mortgage, Lender shall advance the amount of the Acquisition Loan to Borrower. Subject to the conditions hereof, and provided that there exists no Default and no Event of Default, Lender will make Advances to Borrower in the aggregate maximum amount of the Renovation Loan in accordance with this Loan Agreement. Lender shall be obligated to make such Advances only in the maximum amount of the Renovation Loan. In addition, Lender shall not be obligated to make an Advance if at any time the combined outstanding balance of the Acquisition Note, the Renovation Note and the promissory note given by Borrower to Lender pursuant to the Interval Receivables Loan would exceed Fifteen Million Dollars and No/100 ($15,000,000.00) in the aggregate if such Advance were made by Lender. The term of the Acquisition Loan and the Renovation Loan shall be for thirty-six (36) months from the date hereof. The Advances under the Renovation Loan shall be drawn by Borrower within eighteen (18) months of the date hereof. Further, unless an Event of Default shall exist and be continuing, Lender shall grant partial releases as provided in the Mortgage.
AGREEMENT OF LENDER. 11 2.2 Interest on the Loan.......................................................................... 12 2.3 Advances...................................................................................... 12 2.4
AGREEMENT OF LENDER. Subject to the terms and conditions of this Agreement, Lender agrees, from time to time from and after the Effective Date, to make Advances of the Loan to Borrower. Subject to the terms and conditions of this Agreement, Borrower may borrow, repay and reborrow in unlimited repetition.
AGREEMENT OF LENDER. On or before the Initial Closing Date, the Company shall have received the agreement of its senior lender to (a) restructure the terms of the Company's credit facility to the satisfaction of the Placement Agents and (b) permit the granting by the Company of the registration rights contained in the Term Sheet.
AGREEMENT OF LENDERThe Lenders hereby agree that the modifications to subsection 6.1(f) and (g)set forth in this Agreement shall be permitted to be made to the Other Vendor Credit Facility.
AGREEMENT OF LENDER