Eligible Policies. Each of the Additional Policies being funded on the related Subsequent Advance Date shall be an Eligible Policy, as determined by the Required Lenders in their sole discretion.
Appears in 3 contracts
Samples: Loan and Security Agreement (Emergent Capital, Inc.), Assignment and Assumption Agreement (Imperial Holdings, Inc.), Loan and Security Agreement (Imperial Holdings, Inc.)
Eligible Policies. Each of the Additional Policies being funded pledged on the related Subsequent Advance Date shall be an Eligible Policy, as determined by the Required Lenders in their sole and absolute discretion.
Appears in 2 contracts
Samples: Loan and Security Agreement (Emergent Capital, Inc.), Loan and Security Agreement (Imperial Holdings, Inc.)
