Due Formation of Lender. Lender is an entity that has been formed and validly exists and has not been organized for the specific purpose of purchasing the Revolving Note and is not prohibited from doing so.
Appears in 25 contracts
Samples: Senior Secured Revolving Credit Facility Agreement (SRAX, Inc.), Credit Agreement, Senior Secured Revolving Credit Facility Agreement (Intelligent Highway Solutions, Inc.)
Due Formation of Lender. Lender is an entity that has been formed and validly exists and has not been organized for the specific purpose of purchasing the Revolving Note Notes or the Commitment Shares and is not prohibited from doing so.
Appears in 7 contracts
Samples: Senior Secured Revolving Credit Facility Agreement, Senior Secured Revolving Credit Facility Agreement (Sunpeaks Ventures, Inc.), Senior Secured Revolving Credit Facility Agreement (Sunpeaks Ventures, Inc.)
Due Formation of Lender. Lender is an entity that has been formed and validly exists and has not been organized for the specific purpose of purchasing the Revolving Promissory Note and is not prohibited from doing so.
Appears in 5 contracts
Samples: Senior Secured Credit Facility Agreement (Pacific Ventures Group, Inc.), Senior Secured Credit Facility Agreement (Sack Lunch Productions Inc.), Senior Secured Credit Facility Agreement (Sack Lunch Productions Inc.)
Due Formation of Lender. Lender is an entity that has been formed and validly exists and has not been organized for the specific purpose of purchasing the Revolving Note or the Facility Fee Shares and is not prohibited from doing so.
Appears in 2 contracts
Samples: Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement (Pharmagen, Inc.)
Due Formation of Lender. The Lender is an entity that has been formed and validly exists and has not been organized for the specific purpose of purchasing the Revolving Note and is not prohibited from doing so.
Appears in 2 contracts
Samples: Credit Agreement (National Automation Services Inc), Credit Agreement (National Automation Services Inc)
Due Formation of Lender. Lender is an entity that has been formed and validly exists and has not been organized for the specific purpose of purchasing the Revolving Promissory Note or the Conversion Shares and is not prohibited from doing so.
Appears in 1 contract
Samples: Senior Secured Credit Facility Agreement (Vapor Hub International Inc.)
Due Formation of Lender. Lender is an entity that has been formed and validly exists and has not been organized for the specific purpose of purchasing the Revolving Promissory Note and Advisory Fee Shares, and is not prohibited from doing so.
Appears in 1 contract
Samples: Senior Secured Credit Facility Agreement (Mint Leasing Inc)
Due Formation of Lender. Lender is an entity that has been formed and validly exists and has not been organized for the specific purpose of purchasing the Revolving Note or the Commitment Shares and is not prohibited from doing so.
Appears in 1 contract
Due Formation of Lender. Lender is an entity that has been formed and validly exists and has not been organized for the specific purpose of purchasing the Revolving Note Promissory Note, the Advisory Fee Shares or the Conversion Shares and is not prohibited from doing so.
Appears in 1 contract
Samples: Senior Secured Credit Facility Agreement (Vapor Hub International Inc.)
