Other Lender Obligations Sample Clauses

Other Lender Obligations. Any Borrower shall default in the payment or performance when due, after the expiration of any applicable notice or cure periods, of any other obligations now or hereafter owed by any of them to Lender or to any Affiliate of Lender and such default shall constitute an “event of default” under the agreement or agreements governing such other obligation. Notwithstanding the foregoing, prior to the Advance Date of Term Loan A, none of the foregoing events (excluding an Event of Default specified under Section 9.01(e) (Bankruptcy)) shall constitute an Event of Default unless such failure or other event occurs and remains unremedied for thirty (30) calendar days after such failure or occurrence.
Sample 1
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Other Lender Obligations. As a Participating Lender, Lender shall provide the following obligations/services in addition to any other services that may be described elsewhere in this Agreement. (a) If applicable, facilitate and support the generation of accurate, real-time rate information, as well as specific information about all costs (e.g., closing costs, processing fees) that customer may be asked to pay in the course of obtaining a particular Lender Product. (b) Support the download of Lender data, product, and customer information from Lender's systems to the Sites. Lender shall provide all information to be placed on the Sites in the format(s) specified by LendingTree from time to time. The Lender data to be provided includes Lender's Trademarks and a brief description of Lender (one paragraph). LendingTree reserves the right to expand the information regarding Lender that is included on the Sites, but only with Lender's consent and content to be provided by Lender. (c) Cooperate with LendingTree in establishing effective customer communication transfer procedures and follow-up mechanism among the customer, the Sites and Lender. (d) Track all prequalification requests and other customer inquiries regarding Lender Products made to Lender through the Sites and update Lending- Tree as frequently as is reasonably feasible regarding the status of such prequalifications and inquiries. In addition, Lender agrees to use commercially reasonable efforts to track and report to LendingTree all prequalifications, inquiries and other customer responses regarding Lender Products which originate from a Qualification Form on the Sites, but which are transmitted to Lender directly by the customer either through Lender's branches,
Sample 1
Other Lender Obligations. As a participant in the Marketspace, Lender shall provide the following services, in addition to any other services that may be described elsewhere in this Agreement: (a) Create and submit up to three (3) web pages to be published on the Marketspace. Intuit will supply a template for these web pages, but the content is solely the responsibility of Lender. (b) Facilitate and support the generation of accurate, real-time rate information, as well as specific information about all costs (e.g., closing costs, processing fees) that consumer may be asked to bear in the course of obtaining a particular Lender Product. (c) Support the upload and download of rate, product and pricing and consumer information to and from the Clearinghouse Network, as set forth in Section 3.2. (d) Provide a unique toll-free telephone number and e-mail address for customer inquiries and equip a reasonable number of customer service representatives with Internet e-mail access and access to customer information being transmitted from the Clearinghouse Network. (e) Cooperate with Intuit and Technology Provider in establishing effective customer communication transfer procedures and follow-up mechanism, as referred to in the implementation guideline that has been provided to Lender and may be periodically updated by Intuit and respond to Marketspace customers within 24 hours if the communication is on a weekday or on Monday if the communication is on the weekend. (f) Track all Pre-qualifications and Applications routed to Lender through Intuit, Technology Provider or Lender's unique Marketspace toll-free number, e-mail address or any Lender branches. Lender will report such information to Intuit on a monthly basis. In addition, Lender agrees to use commercially reasonable efforts to track and report to Intuit all Pre-qualifications and Applications which originate on Intuit's Marketspace but which are transmitted to Lender directly by the borrower either through Lender's branches, e-mail or toll-free numbers. (g) Promptly review for accuracy and completeness all information, site screens and processing and analytical mechanisms submitted to it for review by Intuit, as they relate to Lender Products and services and promptly report back any necessary corrections and/or modifications to the appropriate party, according to the review and approval procedures set forth below in Trademark Terms. (h) Comply with all applicable regulatory requirements with respect to Lender Products on the Market...
Sample 1
Other Lender Obligations. A default by Borrower under any loan (term, line of credit or otherwise) with Lender shall constitute a default under this Loan Agreement, and a default under this Loan shall constitute a default under any other loan from Lender to Borrowers; or
Sample 1

Related to Other Lender Obligations

  • No Lender Obligations (a) Notwithstanding the provisions of Subsections 1.1(h) and (n) or Section 1.2, Lender is not undertaking the performance of (i) any obligations under the Leases; or (ii) any obligations with respect to such agreements, contracts, certificates, instruments, franchises, permits, trademarks, licenses and other documents. (b) By accepting or approving anything required to be observed, performed or fulfilled or to be given to Lender pursuant to this Mortgage, the Loan Agreement, the Note or the other Loan Documents, including, without limitation, any officer’s certificate, balance sheet, statement of profit and loss or other financial statement, survey, appraisal, or insurance policy, Lender shall not be deemed to have warranted, consented to, or affirmed the sufficiency, the legality or effectiveness of same, and such acceptance or approval thereof shall not constitute any warranty or affirmation with respect thereto by Lender.

  • Lender Obligations Each Lender and Issuing Bank shall promptly notify Borrowers and Agent of any change in circumstances that would change any claimed Tax exemption or reduction. Each Lender and Issuing Bank shall indemnify, hold harmless and reimburse (within 10 days after demand therefor) Borrowers and Agent for any Taxes, losses, claims, liabilities, penalties, interest and expenses (including reasonable attorneys’ fees) incurred by or asserted against a Borrower or Agent by any Governmental Authority due to such Lender’s or Issuing Bank’s failure to deliver, or inaccuracy or deficiency in, any documentation required to be delivered by it pursuant to this Section. Each Lender and Issuing Bank authorizes Agent to set off any amounts due to Agent under this Section against any amounts payable to such Lender or Issuing Bank under any Loan Document.

  • Reaffirmation of Credit Party Obligations Each Credit Party hereby ratifies the Credit Agreement and acknowledges and reaffirms (a) that it is bound by all terms of the Credit Agreement applicable to it and (b) that it is responsible for the observance and full performance of its respective Credit Party Obligations.

  • Obligations of the Lenders Several The obligations of the Lenders hereunder to make Loans, to fund participations in Letters of Credit and to make payments pursuant to Section 9.07 are several and not joint. The failure of any Lender to make any Loan or to fund any such participation or to make any payment under Section 9.07 on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan or, to fund its participation or to make its payment under Section 9.07.

  • Obligations of Lenders Several The obligations of the Lenders hereunder to make Loans, to fund participations in Letters of Credit and Swing Line Loans and to make payments pursuant to Section 11.04(c) are several and not joint. The failure of any Lender to make any Loan, to fund any such participation or to make any payment under Section 11.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan, to purchase its participation or to make its payment under Section 11.04(c).

  • Obligations of Lenders Each Loan shall be made as part of a Borrowing consisting of Loans of the same Type made by the Lenders ratably in accordance with their respective Commitments. The failure of any Lender to make any Loan required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Commitments of the Lenders are several and no Lender shall be responsible for any other Lender’s failure to make Loans as required.

  • Secured Party Performance of Debtor Obligations Without having any obligation to do so, the Administrative Agent may perform or pay any obligation which any Grantor has agreed to perform or pay in this Security Agreement and the Grantors shall reimburse the Administrative Agent for any amounts paid by the Administrative Agent pursuant to this Section 8.4. The Grantors’ obligation to reimburse the Administrative Agent pursuant to the preceding sentence shall be a Secured Obligation payable on demand.

  • Reimbursement Obligation of the Borrowers In the event of any drawing under any Letter of Credit, the applicable Borrower agrees to reimburse (either with the proceeds of a Revolving Credit Loan as provided for in this Section or with funds from other sources), in same day funds, the applicable Issuing Lender on each date on which such Issuing Lender notifies the applicable Borrower of the date and amount of a draft paid by it under any Letter of Credit for the amount of (a) such draft so paid and (b) any amounts referred to in Section 3.3(c) incurred by such Issuing Lender in connection with such payment. Unless the applicable Borrower shall immediately notify such Issuing Lender that such Borrower intends to reimburse such Issuing Lender for such drawing from other sources or funds, such Borrower shall be deemed to have timely given a Notice of Borrowing to the Administrative Agent requesting that the Revolving Credit Lenders make a Revolving Credit Loan bearing interest at the Base Rate on the applicable repayment date in the amount of (i) such draft so paid and (ii) any amounts referred to in Section 3.3(c) incurred by such Issuing Lender in connection with such payment, and the Revolving Credit Lenders shall make a Revolving Credit Loan bearing interest at the Base Rate in such amount, the proceeds of which shall be applied to reimburse such Issuing Lender for the amount of the related drawing and such fees and expenses. Each Revolving Credit Lender acknowledges and agrees that its obligation to fund a Revolving Credit Loan in accordance with this Section to reimburse such Issuing Lender for any draft paid under a Letter of Credit issued by it is absolute and unconditional and shall not be affected by any circumstance whatsoever, including, without limitation, non-satisfaction of the conditions set forth in Section 2.3(a) or Article VI. If a Borrower has elected to pay the amount of such drawing with funds from other sources and shall fail to reimburse such Issuing Lender as provided above, the unreimbursed amount of such drawing shall bear interest at the rate which would be payable on any outstanding Base Rate Loans which were then overdue from the date such amounts become payable (whether at stated maturity, by acceleration or otherwise) until payment in full.

  • Owner Obligations 1. Ownership is defined as the original purchaser of the floor; original proof of purchase may be required for a claim; this warranty is non-transferrable. 2. The original Owner must submit notice of all claims under this warranty to Mohawk Group within a reasonable time after discovery of the alleged defect and within the specified warranty period. All claims not made in writing and received by Mohawk within the time period specified above shall be deemed waived. 3. Claims must be submitted to xxx.xxxxxxxxxxxxx.xxx, or by email or phone at xxxxxxxxxxxxxxxxxxxx@xxxxxxxxx.xxx or 0-000-000-0000. 4. Mohawk reserves the right to require physical access to damaged floor for visual inspection and/or request images of the defective flooring; If Mohawk Group determines that carpet is to be replaced or repaired under the terms of this warranty, all areas must be free of all equipment, furnishings, partitions, and the like at the Owner’s expense.

  • Reimbursement Obligation of the Borrower The Borrower agrees to reimburse each Issuing Lender on each date on which such Issuing Lender notifies the Borrower of the date and amount of a draft presented under any Letter of Credit and paid by such Issuing Lender (but in any event no such reimbursement shall be required before the date on which Base Rate Loans would be made (or the procedure specified in Section 2.26 would become applicable) as described in the last two sentences of this Section) for the amount of (a) such draft so paid and (b) any taxes, fees, charges or other costs or expenses incurred by such Issuing Lender in connection with such payment (the amounts described in the foregoing clauses (a) and (b) in respect of any drawing, collectively, the “Payment Amount”). Each such payment shall be made to such Issuing Lender at its address for notices specified herein in lawful money of the United States of America and in immediately available funds. Interest shall be payable on each Payment Amount from the date of the applicable drawing until payment in full at the rate set forth in (i) until the second Business Day following the date of the applicable drawing, Section 2.13(b) and (ii) thereafter, Section 2.13(c). Each drawing under any Letter of Credit shall (unless an event of the type described in clause (i) or (ii) of Section 7(f) shall have occurred and be continuing with respect to the Borrower, in which case the procedures specified in Section 2.26 for funding by L/C Participants shall apply) constitute a request by the Borrower to the Administrative Agent for a borrowing pursuant to Section 2.5 of Base Rate Loans in the amount of such drawing. The Borrowing Date with respect to such borrowing shall be the first date on which a borrowing of Revolving Credit Loans could be made, pursuant to Section 2.5, if the Administrative Agent had received a notice of such borrowing at the time of such drawing under such Letter of Credit.

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