Common use of Lender Stock Clause in Contracts

Lender Stock. Borrower agrees to own or purchase if necessary, such stock in Farm Credit Services of America, ACA, as is from time to time required by Lender’s policies and bylaws. Capitalization requirements are met by stock owned by E Energy Axxxx, LLC. That Jxxx Xxxxxxxx is the authorized voter on behalf of the owner(s) of voting stock.

Appears in 1 contract

Samples: Credit Agreement (E Energy Adams LLC)

AutoNDA by SimpleDocs

Lender Stock. Borrower agrees to own or purchase if necessary, such stock in Farm Credit Services of America, ACA, as is from time to time required by Lead Lender’s policies and bylaws. Capitalization requirements are met by stock owned by E Energy AxxxxGolden Grain Energy, LLC. That Jxxx Xxxx Xxxxxxxx is the authorized voter on behalf of the owner(s) of voting stock.

Appears in 1 contract

Samples: Master Loan Agreement (Golden Grain Energy)

Lender Stock. Borrower agrees to own or purchase if necessary, such stock in Farm Credit Services of America, ACA, as is from time to time required by Lender’s 's policies and bylaws. Capitalization requirements are met by stock owned by E Energy AxxxxDakota Ethanol, LLC. That Jxxx Xxxxxxxx L.L.C. Xxxxx Xxxxx is the authorized voter on behalf of the owner(s) of voting stock.

Appears in 1 contract

Samples: Credit Agreement (Lake Area Corn Processors LLC)

AutoNDA by SimpleDocs

Lender Stock. Borrower agrees to own or purchase if necessary, such stock in Farm Credit Services of America, ACA, as is from time to time required by Lender’s policies and bylaws. Capitalization requirements are met by stock owned by E Energy AxxxxSiouxland Ethanol, LLC. That Jxxx Sxxxxxx Xxxxxxxx is the authorized voter on behalf of the owner(s) owner of voting stock.

Appears in 1 contract

Samples: Credit Agreement (Siouxland Ethanol, LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!