Financing of XX Xxxxx Sample Clauses

Financing of XX Xxxxx. Salomon or an affiliate shall --------------------- provide a financing facility for the XX xxxxx (the "XX Xxxxx") created by the asset-backed structure on any New Century securitizations which SBI has acted as the sole underwriter pursuant to this Letter Agreement. Such facility shall provide for financing at a rate equal to 75% of the present value of the XX Xxxxx, as determined by Salomon. The XX Xxxxx shall be financed by Salomon or an affiliate at a financing fee equal to One Month LIBOR plus 1.50 % and will be subject to standard provisions of the PSA master repurchase agreement. In addition, if New Century terminates its relationship with Greenwich Capital Financial Products, Inc. ("Greenwich"), Salomon or an affiliate shall provide such facility with respect to the XX xxxxx created by New Century's fixed rate transactions with Greenwich. Such terms shall be acceptable to Salomon. In connection therewith, Salomon agrees to reduce by one-eighth (0.125 %) of one percent the interest rate on the fixed rate loans included in the Aggregation Line over the term of this Aggregation Line to the extent necessary to refund the "termination fee" New Century has agreed to pay to Greenwich (and to the extent any amounts remain after the termination of the line, Salomon shall pay such shortfall). Such fee shall be calculated based upon an assumed underwriting fee of 0.25 % on an assumed deal with an unpaid principal balance of $100,000,000.
Sample 1
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Financing of XX Xxxxx. Salomon shall provide financing for the CE --------------------- bonds (the "XX Xxxxx") created by the asset-backed structure on any New Century securitizations which Salomon has acted as the sole underwriter pursuant to this Letter Agreement. Such financing shall be performed at a rate equal to 75% of the present value of the XX Xxxxx, as determined by Salomon. The XX Xxxxx shall be financed by Salomon at a financing fee equal to One Month LIBOR plus 1.50% and will be subject to standard provisions of the PSA master repurchase agreement. In addition, at the option of New Century, Salomon may, but is not obligated to, provide the financing of XX Xxxxx created by asset-backed structures on securitizations for which Salomon is not acting as sole underwriter.
Sample 1

Related to Financing of XX Xxxxx

  • Amendments to the Credit Agreement The Credit Agreement is hereby amended as follows:

  • Reference to the Effect on the Credit Agreement Upon the effectiveness of this Agreement, each reference in the Credit Agreement to “this Agreement,” “hereunder,” “hereof,” “herein,” or words of similar import shall mean and be a reference to the Credit Agreement, as amended by this Agreement. Except as specifically amended above, the Credit Agreement, and all other Financing Documents (and all covenants, terms, conditions and agreements therein), shall remain in full force and effect, and are hereby ratified and confirmed in all respects by each Borrower.

  • REFERENCE TO THE CREDIT AGREEMENT (a) Upon the effectiveness of this First Amendment, each reference in the Credit Agreement to "this Agreement", "hereunder", or words of like import shall mean and be a reference to the Credit Agreement, as affected and amended hereby.

  • Reference to and Effect on the Credit Agreement (a) Upon the effectiveness hereof, each reference to the Credit Agreement in the Credit Agreement or any other Loan Document shall mean and be a reference to the Credit Agreement as amended hereby.

  • Specific Amendments to Credit Agreement The parties hereto agree that the Credit Agreement is amended as follows:

  • Modification of Agreement; Sale of Interest This Agreement may not be modified, altered or amended, except by an agreement in writing signed by Borrower and Lender. Borrower may not sell, assign or transfer any interest in this Agreement, any of the other Loan Documents, or any of the Obligations, or any portion thereof, including, without limitation, Borrower's rights, title, interests, remedies, powers, and duties hereunder or thereunder. Borrower hereby consents to Lender's participation, sale, assignment, transfer or other disposition, at any time or times hereafter, of this Agreement and any of the other Loan Documents, or of any portion hereof or thereof, including, without limitation, Lender's rights, title, interests, remedies, powers, and duties hereunder or thereunder. In the case of an assignment, the assignee shall have, to the extent of such assignment, the same rights, benefits and obligations as it would if it were "Lender" hereunder and Lender shall be relieved of all obligations hereunder upon any such assignments. Borrower agrees that it will use its best efforts to assist and cooperate with Lender in any manner reasonably requested by Lender to effect the sale of participations in or assignments of any of the Loan Documents or any portion thereof or interest therein, including, without limitation, assisting in the preparation of appropriate disclosure documents. Borrower further agrees that Lender may disclose credit information regarding Borrower and its Subsidiaries to any potential participant or assignee.

  • 01 of the Credit Agreement Section 1.01 of the Credit Agreement is hereby amended as follows:

  • Scope of Agency Services; DST Obligations A. DST utilizing the TA2000 System will perform the following services:

  • Amendments to Credit Agreement The Credit Agreement is hereby amended as follows:

  • Maintenance of Securities and Cash at Bank and Subcustodian Locations Unless Instructions specifically require another location acceptable to the Bank:

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