DATE COLLATERAL Clause Samples

DATE COLLATERAL. ▇▇▇▇▇ Fargo Bank, National Association (to be terminated) 14-000949467-2 12/02/2014 All assets. US.56258448.06 US.56258448.06 If to Administrative Agent, Swing Line Lender or Letter of Credit Issuer: BMO ▇▇▇▇▇▇ Bank N.A. ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇▇ ▇▇▇▇▇ Facsimile No.: (▇▇▇) ▇▇▇-▇▇▇▇ With a copy to: ▇▇▇▇▇▇ Price P.C. ▇▇▇ ▇. ▇▇▇▇▇▇▇, Suite 2600 Chicago, IL 60601 Attention: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Facsimile No.: (▇▇▇) ▇▇▇-▇▇▇▇ If to a Loan Party: StarTek, Inc., as Borrower Agent ▇▇▇▇ ▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇ ▇▇▇▇▇▇, Chief Financial Officer Facsimile No.: (▇▇▇) ▇▇▇-▇▇▇▇ [Website: ▇▇▇.▇▇▇▇▇▇▇.▇▇▇] With a copy to: StarTek, Inc. ▇▇▇▇ ▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: General Counsel Facsimile No.: (▇▇▇) ▇▇▇-▇▇▇▇ US.56258448.06 _____________, 2015 FOR VALUE RECEIVED, each of the undersigned (the “Borrowers”) hereby, jointly and severally, promises to pay to or registered assigns (the “Lender”), in accordance with the provisions of the Agreement (as hereinafter defined), the principal amount of each Revolving Loan from time to time made by the Lender to the Borrowers under that certain Credit Agreement, dated as of April ___, 2015 (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the “Agreement”; the terms defined therein being used herein as therein defined), among the Borrowers, the Lenders from time to time party thereto, and BMO ▇▇▇▇▇▇ Bank N.A., as Administrative Agent, Swing Line Lender, and an Letter of Credit Issuer. Each Borrower, jointly and severally, promises to pay interest on the unpaid principal amount of each Revolving Loan from the date of such Revolving Loan until such principal amount is paid in full, at such interest rates and at such times as provided in the Agreement. All payments of principal and interest shall be made to the Administrative Agent for the account of the Lender in Dollars in immediately available funds at the Administrative Agent’s Office. If any amount is not paid in full when due hereunder, such unpaid amount shall bear interest, to be paid upon demand, from the due date thereof until the date of actual payment (and before as well as after judgment) computed at the per annum rate set forth in the Agreement. This Revolving Loan Note is one of the Revolving Loan Notes referred to in the Agreement, is entitled to the benefits thereof and may be prepaid in whole or in part subje...
View Source
DATE COLLATERAL. ▇▇▇▇▇ Fargo Bank, National Association (to be terminated) 20142067785 07/16/2014 All assets. Secretary of State of Colorado UCCs –as of 4/2/2015 US Bancorp 2009F095185 11/16/2009 Specific equipment. ▇▇▇▇▇ Fargo Bank, National Association (to be terminated) 20122001462 01/18/2012 All assets. -amendment 20122017187 06/05/2012 Amends Debtor address. U.S. Bank Equipment Finance, a division of U.S. Bank National Association 20132042903 05/16/2013 Specific equipment. U.S. Bank Equipment Finance 20132109085 12/18/2013 Specific equipment. U.S. Bank Equipment Finance 20142036635 04/21/2014 Specific equipment. Richland County, Ohio Tax liens – as of 3/31/2015 Ohio Department of Job and Family Services Issue Date: 9/3/2011 Lien Number: UC088030 Amount: $0 Recording info: OR Bk 2076 Pg 407-408, 9/13/2011 Ohio Department of Job and Family Services Issue Date: 12/17/2011 Lien Number: UC091764 Amount: $355.90 Recording info: OR Bk 2100 Pg 844-845, 12/29/2011 Ohio Department of Job and Family Services US.56258448.06 Issue Date: 3/17/2012 Lien Number: UC094732 Amount: $318.36 Recording info: OR Bk 2119 Pg 590-591, 3/26/2012 Ohio Department of Job and Family Services Issue Date: 6/2/2012 Lien Number: UC097493 Amount: $317.81 Recording info: OR Bk 2140 Pg 361-362, 6/13/2012 Ohio Department of Job and Family Services Issue Date: 12/15/2012 Lien Number: UC104919 Amount: $393.57 Recording info: OR Bk 2192 Pg 148-149, 12/28/2012 Ohio Department of Job and Family Services Issue Date: 12/22/2012 Lien Number: UC105107 Amount: $0 Recording info: OR Bk 2195 Pg 529-530, 1/10/2013 Ohio Department of Job and Family Services Issue Date: 3/23/2013 Lien Number: UC108173 Amount: $1,757.51 Recording info: OR Bk 2215 Pg 445-446, 4/3/2013 Ohio Department of Job and Family Services Issue Date: 9/21/2013 Lien Number: UC113712 Amount: $2,021.64 Recording info: OR Bk 2262 Pg 846-847, 9/30/2013 Ohio Department of Job and Family Services Issue Date: 3/8/2014 Lien Number: UC117721 Amount: $0 Recording info: OR Bk 2295 Pg 497-498, 3/19/2014 Ohio Department of Job and Family Services Issue Date: 12/6/2014 Lien Number: UC125454 Amount: $170.01 Recording info: OR Bk 2354 Pg 820-821, 12/17/2014 US.56258448.06 Ohio Department of Job and Family Services Issue Date: 1/10/2015 Lien Number: UC126659 Amount: $387.56 Recording info: OR Bk 2360 Pg 47-48, 1/20/2015 Secretary of State of North Dakota UCCs – as of 4/6/2015
View Source

Related to DATE COLLATERAL

  • Real Estate Collateral With respect to any real property (individually and collectively, the “Premises”) (a) owned in fee simple by the Borrower or any of the Guarantors on the date hereof, (b) acquired in fee simple by the Borrower or any Guarantor after the date hereof with a purchase price of greater than $1,000,000 or (c) leased by the Borrower or any of the Guarantors, which leasehold estate becomes Additional Leasehold Collateral (each a “Material Real Property”), within 60 days after the date hereof in the case of clause (a), within 90 days of the acquisition thereof in the case of clause (b) and, subject to the proviso of the definition of “Additional Leasehold Collateral”, within 90 days after receipt of the Administrative Agent’s request (at the direction of the Lenders in accordance with the definition of “Additional Leasehold Collateral”) to include such leasehold as additional Collateral in the case of clause (c): (i) the Borrower shall deliver to the Administrative Agent, as mortgagee, fully executed counterparts of Mortgages, each dated not later than 60 days after the date hereof or 90 days after the date of acquisition of such Material Real Property, as the case may be, duly executed by the Borrower or the applicable Guarantor, together with evidence of the completion (or satisfactory arrangements for the completion), of all recordings and filings of such Mortgage as may be necessary to create a valid, perfected Lien, subject to Permitted Liens, against the properties purported to be covered thereby; (ii) the Borrower shall deliver to the Administrative Agent mortgagee’s title insurance policies (or marked up title insurance commitments having the effect of title insurance policies) in favor of the Administrative Agent, as mortgagee for the ratable benefit of the Secured Parties in an amount equal to 100% of the fair market value of the Premises purported to be covered by the related Mortgage, as estimated by the Borrower in good faith, insuring that title to such property is marketable and that the interests created by the Mortgage constitute valid Liens thereon free and clear of all Liens, defects and encumbrances other than Permitted Liens, and shall be accompanied by evidence of the payment in full of all premiums thereon; and (iii) the Borrower shall deliver to the Administrative Agent, with respect to each of the covered Premises, the most recent survey of such Premises, together with either (A) an updated survey certification in favor of the Administrative Agent from the applicable surveyor stating that, based on a visual inspection of the property and the knowledge of the surveyor, there has been no change in the facts depicted in the survey or (B) an affidavit from the Borrower and the Guarantors stating that there has been no change, other than, in each case, changes that do not materially adversely affect the use by the Borrower or Guarantor, as applicable, of such Premises for the Borrower or such Guarantor’s business as so conducted, or intended to be conducted, at such Premises. Notwithstanding the foregoing, (i) the Borrower and the Guarantors shall not be required to pledge or grant any security interest in any Material Real Property if the cost of perfecting the lien exceeds the fair market value of such Material Real Property and (ii) so long as the Indenture is outstanding, the provisions of this Section 6.17 shall not apply with respect to any real property which has not been included as “Collateral” under the Indenture.

  • Collateral Each of the Banks represents to the Agent and each of the other Banks that it in good faith is not relying upon any "margin stock" (as defined in Regulation U) as collateral in the extension or maintenance of the credit provided for in this Agreement.

  • Assemble Collateral Lender may require Grantor to deliver to Lender all or any portion of the Collateral and any and all certificates of title and other documents relating to the Collateral. Lender may require Grantor to assemble the Collateral and make it available to Lender at a place to be designated by Lender. Lender also shall have full power to enter upon the property of Grantor to take possession of and remove the Collateral. If the Collateral contains other goods not covered by this Agreement at the time of repossession, Grantor agrees Lender may take such other goods, provided that Lender makes reasonable efforts to return them to Grantor after repossession.

  • Rights in Collateral; Priority of Liens Borrower and each other Loan Party own the property granted by it as Collateral under the Collateral Documents, free and clear of any and all Liens in favor of third parties. Upon the proper filing of UCC financing statements, and the taking of the other actions required by the Required Lenders, the Liens granted pursuant to the Collateral Documents will constitute valid and enforceable first, prior and perfected Liens on the Collateral in favor of Agent, for the ratable benefit of Agent and Lenders.

  • Authority of Administrative Agent to Release Collateral and Liens Each Lender and the Issuing Bank hereby authorizes the Administrative Agent to release any collateral that is permitted to be sold or released pursuant to the terms of the Loan Documents. Each Lender and the Issuing Bank hereby authorizes the Administrative Agent to execute and deliver to the Borrower, at the Borrower’s sole cost and expense, any and all releases of Liens, termination statements, assignments or other documents reasonably requested by the Borrower in connection with any sale or other disposition of Property to the extent such sale or other disposition is permitted by the terms of Section 9.12 or is otherwise authorized by the terms of the Loan Documents.