Common use of Delivery of Additional Collateral or Mandatory Prepayment Clause in Contracts

Delivery of Additional Collateral or Mandatory Prepayment. At least once a week during the term of this Agreement (or more often in the discretion of the Agent if it reasonably determines that market conditions warrant) and whenever a Request for Borrowing is made by the Company (except that the Agent shall have no obligation to make such determination more frequently than once per day), the Agent shall:

Appears in 3 contracts

Samples: Credit Agreement (Homebanc Corp), Credit Agreement (E Loan Inc), Credit Agreement (Sunset Financial Resources Inc)

AutoNDA by SimpleDocs

Delivery of Additional Collateral or Mandatory Prepayment. At least once a week during the term of this Agreement (or more often in the discretion of the Agent if it reasonably determines that market conditions warrant) and whenever a Request for Borrowing is made by the Company Companies (except that the Agent shall have no obligation to make such determination more frequently than once per day), the Agent shall:

Appears in 3 contracts

Samples: Assignment and Assumption, Assignment and Assumption (Homebanc Corp), Credit Agreement (Homebanc Corp)

Delivery of Additional Collateral or Mandatory Prepayment. At least once a week during the term of this Agreement (or more often in the discretion of the Agent Lender if it reasonably determines that market conditions warrant) and whenever a Borrowing Request for Borrowing is made by the Company a Borrower (except that the Agent Lender shall have no obligation to make such determination more frequently than once per day), the Agent Lender shall:

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Fieldstone Investment Corp)

AutoNDA by SimpleDocs

Delivery of Additional Collateral or Mandatory Prepayment. At least once a week during the term of this Agreement (or more often in the discretion of the Agent if it reasonably determines that market conditions warrant) and whenever a Request for Borrowing is made by the a Company (except that the Agent shall have no obligation to make such determination more frequently than once per day), the Agent shall:

Appears in 1 contract

Samples: Sale and Servicing Agreement (American Business Financial Services Inc /De/)

Time is Money Join Law Insider Premium to draft better contracts faster.