Loan Status. Sub Value Gross Value Net Value ------------------------------------------------------------------- 1. Net IBM Credit Outstandings (1A-B-C-D-E-F-G-H-I+J) $ X. Xxxxx IBM Credit Outstandings (RFS) $ Less: B. Suspense ($______________________) C. Disputes ($______________________) D. In Transit (___ Days) ($______________________) E. QSL / QLA ($______________________) F. Other ($______________________) G. _________________ ($______________________) H. _________________ ($______________________) I. _________________ ($______________________) Plus: J. Product Received Not Billed (RNB) $ 2. Funds in Lockbox (2A+B) $ A. Cleared Funds (transferred not posted) $ B. Unavailable Funds (float) $ 3. Loan Balance (Line1 - Line 2) $ 4. Collateral Excess / Shortfall Collateral line 13 - Loan line 3): (Loan balance available) $ 5. Advances from IBM Credit to Customer (5A+B+C) $___________ A. Cash Adv. from Lockbox $ B. Cash Adv. from IBM Credit $ C. WCO Cash Advance $ 6. New Adjusted O/S Balance (3+5) $ 7. Remaining Credit Line Availability (Collateral line 13 - Loan line 6) $ 8. WCO Payment Advance $ Signatures: ______________________________________________ Authorized Customer Signature (Date) ______________________________________________ IBM Credit Corporation (Date) The above officer or delegated individual of CompuCom Systems, Inc. certifies that he/she is authorized to provide this information on behalf of CompuCom Systems, Inc. and agrees that to the best of his/her knowledge the information is accurate. IWCF ATTACHMENT G TO INVENTORY AND WORKING CAPITAL FINANCING AGREEMENT ("IWCF AGREEMENT') CERTIFICATE OF LOCATION OF COLLATERAL The undersigned, the (insert title of office held) of CompuCom Systems, Inc. ("CompuCom"), hereby certifies with reference to the Inventory and Working Capital Financing Agreement, dated (insert date Agreement signed), between CompuCom and IBM Credit Corporation as follows:
Loan Status. Schedule II sets out the outstanding principal amount of, and accrued interest payable on, the Loans as of the Effective Date;
Loan Status. Seller has not received notice from the Lender asserting an Event of Default under the Loan that remains uncured. There is no outstanding event of default under the Loan and no event has occurred that with notice of the passage of time, or both, would constitute an event of default under the Loan. Seller is current in all payments of principal and interest due under the Loan through the last scheduled payment date (taking into account such payment), and Seller is in compliance with all of the terms and conditions of the Loan Documents, including without limitation the establishment and amount of any deposits, reserves, or escrows held or established in connection therewith .
Loan Status. Schedule I sets forth (i) the outstanding principal amount of, and accrued interest payable on, the Loans as of April 18, 2017 and (ii) any other fees, charges and expenses due and payable to the Existing Agent or the Lenders as of April 18, 2017.
Loan Status. The loan is granted for use by the Borrower according to its business needs, and is not secured on any assets of the business.
Loan Status. To the best of the Existing Agent’s knowledge, Schedule I sets forth (i) the outstanding principal amount of, and accrued and unpaid interest in respect of each of the Loans outstanding as of the Effective Date and (ii) any other fees, charges and expenses due and payable to the Existing Agent (in its capacity as such) as of the Effective Date.
Loan Status. Borrower represents, warrants and agrees as of the date hereof, that:
(a) as stated in the Lender Interest, Line Balance and Availability Report dated April 1, 1997, the amount of the outstanding balance of loans under the Agreement as of such date was $74,088,989.58;
(b) the Loan and the other Indebtedness are secured by a security interest granted by Borrower to Lender pursuant to the Agreement in the Collateral, which Collateral includes without limitation, all of Borrower's chattel paper including the NationsBank Collateral (as hereinafter defined) which secures the NationsBank Loan (as hereinafter defined);
(c) Borrower has good and marketable ownership of the Collateral, and the Collateral is free and clear of all liens, claims, charges, defenses, counterclaims, offsets, encumbrances and security interests of any kind or nature, except the Permitted Liens;
(d) Borrower has breached, and is in default under, the Agreement as described in Schedule 2(d) hereto (the "Acknowledged Defaults"), and Lender has the right to pursue its remedies under the Agreement upon an Event of Default and a Pre-Default Event, including the right to declare all of the Indebtedness immediately due and payable; and
(e) there are, and Borrower has, no claims, defenses or offsets to the payment and performance of the terms and conditions of the Agreement.
Loan Status. Unless noted on the Loan Schedule, the Loan servicing record contains no record of any currently pending loss mitigation, currently pending or recent bankruptcy action, or other indications of the obligor’s intent to cure the underlying default on the Loan.
Loan Status. Each Borrower Party hereby confirms to Agent and Sellers and their respective successors and assigns that neither Agent nor any Seller has breached any of its obligations under the Loan, the Loan Documents and the MUFG Bank Swap Termination Value, as applicable, and there exists no claim, counterclaim, defense or offset of any kind relating to the Loan, the Loan Documents or the MUFG Bank Swap Termination Value.
Loan Status. Schedule I which is attached hereto sets out (i) the outstanding principal amount of, and any accrued interest payable on, the Loans as of the date hereof, and (ii) any other fees, charges and expenses due and payable to the Existing Agent (whether for its account or the account of the Lenders) under the Loan Documents as of the date hereof.