Financing Services. The Manager shall:
Financing Services. The Advisor shall:
Financing Services. (i) Identify and evaluate potential financing and refinancing sources, engaging a third-party broker if necessary;
Financing Services. (1) consult with the officers and Directors of the Company and assist the Directors in the formulation and implementation of the Company's borrowing policies, and, as necessary, furnish the Directors with advice and recommendations with respect to any borrowings proposed to be undertaken by the Company and/or the Operating Partnership; and
Financing Services. The MANAGING MEMBER or BOARD OF DIRECTORS
Financing Services. The Sub-Advisor shall:
Financing Services. ● identify and evaluate potential financing and refinancing sources, engaging a third-party broker if necessary; ● negotiate terms of, arrange and execute financing agreements; ● manage relationships between the Company and the Company’s lenders, if any; and ● monitor and oversee the service of the Company’s financing facilities, if any.
Financing Services. The Advisor shall (or shall retain other Persons to):
Financing Services a) Using its reasonable efforts to identify and introduce the Company to prospective financial investors, senior lenders, strategic corporate investors, acquirers of assets, merger partners and/or other sources of capital (“Transaction”);
Financing Services. SERI shall exercise commercially reasonable efforts to assist MESC or the Cogen Subsidiary in arranging for the Cogen Project Financing, so that such Cogen Project Financing shall be available as soon as practical after the Bankruptcy Court issues the Confirmation Order with respect to MESC. SERI shall, in accordance with Section 2.15, (i) solicit proposals from a selected number of banks and other financial institutions for the Cogen Project Financing, (ii) select an appropriate lender or lenders, and (iii) negotiate a term sheet and definitive agreements with such lender or lenders for the Cogen Project Financing. SERI shall, in accordance with Section 2.15, also negotiate credit agreements, select advisors and perform or arrange for the performance of such other services as may be necessary to assist MESC in obtaining such Cogen Project Financing in accordance with the terms of this Agreement.
