Miscellaneous Lending Provisions Sample Clauses

Miscellaneous Lending Provisions. (a) Conversion and Continuation. --------------------------- (1) The Companies may elect from time to time to convert Eurodollar Loans to Corporate Rate Loans by giving the Administrative Agent at least one Business Day's prior irrevocable notice of such election. Any conversion of Eurodollar Loans may only be made on the last day of the applicable Interest Period. The Companies may elect from time to time to convert Corporate Rate Loans to Eurodollar Loans by giving the Administrative Agent at least two Eurodollar Business Days' prior irrevocable notice of such election. All such elections shall be made by means of a Loan Request. Upon receipt of a Loan Request, the Administrative Agent shall promptly notify each of the Lenders affected thereby thereof. No Corporate Rate Loan shall be converted into a Eurodollar Loan if an Event of Default or Potential Default has occurred and is continuing on the day occurring two Eurodollar Business Days prior to the date of the conversion requested by the Companies or on the date of conversion. All or any part of outstanding Loans may be converted as provided herein, provided that partial conversions shall be in a principal amount of $1,000,000 or whole multiples of $100,000 in excess thereof. (A) Any Eurodollar Loan may be continued as such upon the expiration of the Interest Period with respect thereto by the Companies giving the Administrative Agent at least two Eurodollar Business Days' prior irrevocable notice of such election as set forth in a Loan Request, and (B) if the Companies shall fail to give notice as provided above, the Companies shall be deemed to have elected to continue the affected Eurodollar Loan on the last day of the relevant Interest Period as a Eurodollar Loan having the same Interest Period as the continued Eurodollar Loan; provided, however, that no Eurodollar Loan may be continued as such when any Event of Default or Potential Default has occurred and is continuing on the day occurring two Eurodollar Business Days prior to the proposed date of such continuation, but shall be automatically converted to a Corporate Rate Loan on the last day of the then current Interest Period applicable thereto, and the Administrative Agent shall notify the Lenders affected thereby and the Companies promptly that such automatic conversion will occur. (3) Notwithstanding anything contained in this Agreement to the contrary, at no time shall there be Eurodollar Loans outstanding with more than five (5) different...
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Miscellaneous Lending Provisions. 42 5(a) Use of Proceeds...................................................42 5(b) Assumption of Funding/Purchase....................................42 5(c) Evidence of Indebtedness..........................................43 5(d) Interest and Fee Billing and Payment..............................43 5(e) Nature and Place of Payments......................................44 5(f) Post-Default Interest.............................................45 5(g) Computations......................................................45 5(h) Disbursement of Payments Received.................................45 5(i) Fees..............................................................46 5(j) Wire Transfers of Funds...........................................46 5(k) Reduction in Aggregate Credit Limit...............................46 5(l) Capital Requirements..............................................46
Miscellaneous Lending Provisions. (a) Use of Proceeds. The proceeds of Loans shall be utilized by the Company for general corporate --------------- purposes, including, without limitation, repayment of Indebtedness of the Company to the Parent permitted to be repaid by the Company to the Parent pursuant to the terms of the Credit Documents, and including CPNs.
Miscellaneous Lending Provisions. 7 2.(a) Inability to Determine Rate................................................................... 7 2.(b) Illegality.................................................................................... 7 2.(c) Requirements of Law; Increased Costs.......................................................... 8 2.(d) Funding....................................................................................... 9 2.(e) Funding Indemnification -- Prepayment......................................................... 9 2.(f) Funding Indemnification -- Default or Failure to Continue or Convert.......................... 10 2.(g) Use of Proceeds............................................................................... 10 2.(h) Note..........................................................................................
Miscellaneous Lending Provisions. 2(a) Use of Proceeds. The proceeds of all Loans shall be used by the Companies solely for the purpose of originating and acquiring Mortgage Loans or acquiring Mortgage-Backed Securities.
Miscellaneous Lending Provisions. (a) Use of Proceeds. Other than the initial Loans funded hereunder on the Effective Date which shall be utilized to pay in full all Indebtedness of the Company outstanding under the Existing Credit Facility, the proceeds of all Standard Loans and/or Swing Line Loans shall be utilized by the Company solely for the purpose of originating and/or acquiring Mortgage Loans (and to repay Swing Line Loans) and to support working capital needs. The proceeds of all Gestation Loans shall be utilized by the Company solely for the purpose of financing the gestation of Mortgage-Backed Securities after their initial certification.
Miscellaneous Lending Provisions. 16 -------------------------------- 5(a) Use of Proceeds................................................................................16 --------------- 5(b) Assumption of Funding/Purchase.................................................................17 ------------------------------ 5(c) Evidence of Indebtedness.......................................................................17 ------------------------ 5(d) Interest and Fee Billing and Payment...........................................................17 ------------------------------------ 5(e) Nature and Place of Payments...................................................................18 ---------------------------- 5(f) Post-Default Interest..........................................................................19 --------------------- 5(g) Computations...................................................................................19 ------------ 5(h) Disbursement of Payments Received..............................................................19 --------------------------------- 5(i) Fees...........................................................................................20 ---- 5(j) Wire Transfers of Funds........................................................................20 ----------------------- 5(k) Reduction in Aggregate Credit Limit............................................................20 ----------------------------------- 5(l) Capital Requirements...........................................................................20 --------------------
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Miscellaneous Lending Provisions. 6(a) Use of Proceeds..................................................... 6
Miscellaneous Lending Provisions 

Related to Miscellaneous Lending Provisions

  • Miscellaneous Provisions The following miscellaneous provisions are a part of this Agreement:

  • Miscellaneous Terms The term "or" is disjunctive; the term "and" is conjunctive. The term "shall" is mandatory; the term "may" is permissive. Masculine terms also apply to females; feminine terms also apply to males. The term "including" is by way of example and not limitation.

  • Miscellaneous Covenants The Debtor will: (i) keep all tangible Collateral in good repair, working order and condition, normal depreciation excepted, and will, from time to time, replace any worn, broken or defective parts thereof; (ii) promptly pay all taxes and other governmental charges levied or assessed upon or against any Collateral or upon or against the creation, perfection or continuance of the Security Interest; (iii) at all reasonable times, permit the Secured Party, the Banks or their representatives to examine or inspect any Collateral, wherever located, and to examine, inspect and copy the Debtor's books and records pertaining to the Collateral and its business and financial condition and to send and discuss with account debtors and other obligors requests for verifications of amounts owed to the Debtor; (iv) keep accurate and complete records pertaining to the Collateral and pertaining to the Debtor's business and financial condition and submit to the Secured Party such periodic reports concerning the Collateral and the Debtor's business and financial condition as the Secured Party may from time to time reasonably request; (v) promptly notify the Secured Party of any loss of or material damage to any Collateral or of any adverse change, known to the Debtor, in the prospect of payment of any sums due on or under any instrument, chattel paper, or account constituting Collateral; (vi) if the Secured Party at any time so requests (whether the request is made before or after the occurrence of an Event of Default), promptly deliver to the Secured Party any instrument, document or chattel paper constituting Collateral, duly endorsed or assigned by the Debtor; (vii) at all times keep all tangible Collateral insured against risks of fire (including so-called extended coverage), theft, collision (in case of Collateral consisting of motor vehicles) and such other risks and in such amounts as the Secured Party may reasonably request, with any loss payable to the Secured Party to the extent of its interest; (viii) from time to time execute such financing statements as the Secured Party may reasonably require in order to perfect the Security Interest and, if any Collateral consists of a motor vehicle, execute such documents as may be required to have the Security Interest properly noted on a certificate of title; (ix) pay when due or reimburse the Secured Party on demand for all costs of collection of any of the Obligations and all other out- of-pocket expenses (including in each case all reasonable attorneys' fees) incurred by the Secured Party in connection with the creation, perfection, satisfaction, protection, defense or enforcement of the Security Interest or the creation, continuance, protection, defense or enforcement of this Agreement or any or all of the Obligations, including expenses incurred in any litigation or bankruptcy or insolvency proceedings; (x) execute, deliver or endorse any and all instruments, documents, assignments, security agreements and other agreements and writings which the Secured Party may at any time reasonably request in order to secure, protect, perfect or enforce the Security Interest and the Secured Party's rights under this Agreement; and (xi) not use or keep any Collateral, or permit it to be used or kept, for any unlawful purpose or in violation of any federal, state or local law, statute or ordinance.

  • Miscellaneous Conditions Consultant shall be responsible for and remedy all damage or loss to any property, including property of City, caused in whole or in part by Consultant, any SubConsultant, or anyone employed, directed, or supervised by Consultant.

  • Miscellaneous Provision It is hereby understood that, to be entitled to the benefits under this Agreement, the MEMBER hereby waives his/her consent to the disclosure and processing of his/her medical/health information which is determinative for the assessment of his/her coverage and necessary for the treatment of his/her illness. MediCard, its Medical Service Units/Teams and its Accredited Hospitals/Clinics are hereby released from any liability by reason of such disclosure.

  • Other Miscellaneous Terms The provisions of Article IX (General Provisions) of the Merger Agreement shall apply mutatis mutandis to this Amendment, and to the Merger Agreement as modified by this Amendment, taken together as a single agreement, reflecting the terms therein as modified by this Amendment.

  • Miscellaneous and General Survival.....................................................................49 9.2. Modification or Amendment....................................................50 9.3.

  • Governing Law and Miscellaneous Provisions The provisions of Article 7 of the Collateral Trust Agreement will apply with like effect to this Collateral Trust Joinder.

  • Miscellaneous Rules 1 The provisions of this Agreement shall not be construed to restrict in any manner any exclusion, exemption, deduction, credit, or other allowances now or hereafter accorded: (a) by the laws of a Contracting State in the determination of the tax imposed by that State; or (b) by any other agreement entered into by a Contracting State.

  • Miscellaneous Fees In addition to the Course Fees, the miscellaneous fees set out in Schedule 2.2 may be payable by the Student (the “Miscellaneous Fees”).

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