Current Loans. All Current Loans- the following sequence will be used when dealing with current borrowers:
Current Loans. Currently the EU Commission is preparing a loan for two reactors in Ukraine, Khmelnitsky 3 and 4 – inspite of massive problems surrounding this project. It is unclear when this project will be decided upon it is already over one year late. Up-to-date information is available: xxxx://xxxxxxxxx.xxx/our-work/projects/nuclear-power-plant-safety-upgrades-ukraine
Current Loans. Simultaneously with the Closing, GP and Transferee shall cause the Partnership to pay off the Current Loans in their entirety using funds of the Partnership funded solely by its constituent partners comprising the Partnership immediately following Closing and/or the proceeds from one or more refinance loans obtained by the Partnership and/or Transferee (collectively, a “Refinance Loan”). Notwithstanding anything to the contrary set forth in this Agreement, (a) in no event shall the closing of a Refinance Loan be a condition to the Closing, nor shall the Closing be contingent upon Transferee obtaining financing from a Refinance Lender, and (b) in no event shall Transferor have any obligation to fund (directly or indirectly through the Partnership) any capital or other costs in connection with the payoff of the Current Loans. For the avoidance of doubt, it is the express intention of the parties that Transferor’s Net Consideration shall not be reduced by the cost of any Refinance Loan, and it is further a requirement that the Current Loans be fully repaid without reducing the Net Consideration.
Current Loans. No D-1 Loan listed on Schedule II (i) will be more than 30 days delinquent as of the Closing Date, (ii) has a Maturity Date that is on or prior to the Closing Date, or (iii) has been brought current with the liquidation of collateral as of the Closing Date. EXHIBIT D-2 REPRESENTATIONS AND WARRANTIES WITH RESPECT TO ASSETS OTHER THAN D-1 LOANS With respect to the Assets identified on the Asset Schedule that are not D-1 Loans, as such term is defined in Exhibit D-1 (such Assets, the “D-2 Assets”, and the D-2 Assets, exclusive of the REO Property, the “Non-REO D-2 Assets”), except for the exceptions set forth on the Exception Schedule attached hereto as Exhibit E (as such Exception Schedule may be modified, and as so modified, delivered to Purchaser at least three (3) Business Days prior to the Closing Date), or as otherwise disclosed on the Asset Schedule, Seller represents and warrants as follows:
Current Loans. No D-2 Loan listed on Schedule II (i) will be more than 30 days delinquent as of the Closing Date, (ii) has a Maturity Date that is on or prior to the Closing Date, or (iii) has been brought current with the liquidation of collateral as of the Closing Date. EXHIBIT G DATA TAPE FIELDS
Current Loans. The Company hereby acknowledges that (i) on April 28, 2010, Shpeyzer loaned the Company $3,225 and (ii) on May 3, 2010, Shpeyzer loaned the Company $10,000 to purchase a working interest in the Washom II Lease Project, a three (3) well drilling project located on a 80 acres +/- lease in Xxxxxx County, Oklahoma. Shpeyzer shall not be repaid such $3,225 and $10,000 from the proceeds of the Company’s prospective public offering on Securities and Exchange Commission (“SEC”) Form S-1, file no. 333-167217 (the “Registration Statement”), currently in review with the SEC. There shall be no term for the repayment of such $10,000 loaned by Shpeyzer. Shpeyzer shall be repaid such $3,225 and $10,000 by the Company from revenues of operations of the Company, if and when the Company generates revenues to repay the loan and at such time in the sole discretion of the Company. The $3,225 and $10,000 loans by Shpeyzer shall not bear any interest.
Current Loans. No Loan listed on Schedule II (i) is more than 30 days delinquent as of the Closing Date, (ii) has a Maturity Date that is on or prior to the Closing Date, or (iii) has been brought current with the liquidation of collateral as of the Closing Date. EXHIBIT D-2 REPRESENTATIONS AND WARRANTIES WITH RESPECT TO ASSETS OTHER THAN RESIDENTIAL MORTGAGE LOANS With respect to the Assets that are not Loans secured by one- to four-family residential real estate, except for the exceptions set forth on the Exception Schedule, attached hereto as Exhibit E, or as otherwise disclosed on the Asset Schedule (provided that (i) all exceptions set forth on the Exception Schedule and disclosures on the Asset Schedule must specifically identify the representations to which such exception or disclosure relates by Section number and shall only relate to such Section and (ii) such Exception Schedule and Asset Schedule shall have been delivered to Purchaser at least three (3) Business Days prior to the initial Closing Date), Seller represents and warrants as follows:
Current Loans. No Loan listed on Schedule II (i) is more than 30 days delinquent as of the Closing Date, (ii) has a Maturity Date that is on or prior to the Closing Date, or (iii) has been brought current with the liquidation of collateral as of the Closing Date. EXHIBIT E EXCEPTION SCHEDULE E-1 EXHIBIT F PURCHASE RATE Purchase Rate: 0.4151 An example of the calculation of the Purchase Price is attached to this Exhibit F. EXHIBIT G DATA TAPE FIELDS
