Qualified Loans Sample Clauses

Qualified Loans. 18 2.3 Advances ....................................................... 19 2.4
Sample 1
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Qualified Loans. Pending the amendment hereof to include the Qualified Borrower Underwriting Guidelines, the Qualified Loan Underwriting Guidelines, and the Qualified Resort Underwriting Guidelines, Exhibits "D," "E," and "F" hereto, respectively (if not already attached hereto as of the Closing Date), Lender shall have the right, in its sole and absolute discretion, to determine whether a particular loan constitutes a Qualified Loan hereunder. Thereafter, Lender shall make such determinations in its reasonable discretion, based generally upon the Qualified Loan Underwriting Guidelines, the Qualified Borrower Underwriting Guidelines, the Qualified Resort Underwriting Guidelines, and upon the analysis and recommendations of Borrower. However, Lender shall have the absolute and unconditional right to conduct its own due diligence with respect to each loan that Borrower proposes be deemed a Qualified Loan hereunder, the reasonable costs of which shall be borne by Borrower. As part of such due diligence, Lender may, in its sole discretion, make or cause to be made, at Borrower's sole cost and expense, Lender's own physical inspection of the Applicable Resort and all contemplated Applicable Underlying Loan Collateral. No loan shall be deemed a Qualified Loan hereunder unless and until Lender has so designated it in writing.
Sample 1
Qualified Loans. Each and every Loan that is a Pledged Loan is also a Qualified Loan.
Sample 1
Qualified Loans. Lender shall have the right to determine whether a particular loan constitutes a Qualified Loan; and in connection therewith, Lender shall have the absolute and unconditional right with respect to each loan that Borrower proposes be deemed a Qualified Loan hereunder to conduct its own due diligence prior to approving that loan as a Qualified Loan, the reasonable costs of which shall be borne by Borrower. As part of such due diligence, Lender may, in its discretion, make or cause to be made, at Borrower's sole cost and expense, Lender's own physical inspection of the Applicable Resort and all contemplated Applicable Underlying Loan Collateral. No loan shall be deemed a Qualified Loan hereunder unless and until Lender has so designated it in writing.
Sample 1
Qualified Loans 
Sample 1

Related to Qualified Loans

  • Loans, Advances, Investments, Etc Make or commit or agree to make, or permit any of its Subsidiaries make or commit or agree to make, any Investment in any other Person except for Permitted Investments.

  • LOANS, ADVANCES, INVESTMENTS Make any loans or advances to or investments in any person or entity, except any of the foregoing existing as of, and disclosed to Bank prior to, the date hereof.

  • Related Loans (a) Assuming Institution shall use its best efforts to determine which loans are “Related Loans,” as hereinafter defined. The Assuming Institution shall not manage, administer or collect any “Related Loan” in any manner that would have the effect of increasing the amount of any collections with respect to the Related Loan to the detriment of the Shared-Loss Loan to which such loan is related. A “

  • Loans, Advances and Investments Make or permit to remain outstanding any loan or advance to, or own, purchase or acquire any stock, obligations or securities of, or any other interest in, or make any capital contribution to, any Person, or consummate any Acquisition, except that the Company or any Subsidiary may

  • Loans The Sponsor has agreed to make loans to the Company in the aggregate amount of up to $300,000 (the “Insider Loans”) pursuant to a promissory note substantially in the form annexed as an exhibit to the Registration Statement. The Insider Loans do not bear any interest and are repayable by the Company on the earlier of December 31, 2021 or the consummation of the Offering.

  • Acquisition Loans The proceeds of the Acquisition Loans may be used only for the following purposes: (i) for working capital and general corporate purposes, including, without limitation, the issuance of Letters of Credit and to pay outstanding Floor Plan Loans; and (ii) to make Permitted Acquisitions.

  • Revolving Advances Subject to the terms and conditions set forth in this Agreement, each Lender, severally and not jointly, will make Revolving Advances to Borrower in aggregate amounts outstanding at any time equal to such Lender's Commitment Percentage of the lesser of (x) the Maximum Revolving Advance Amount less the aggregate amount of outstanding Letters of Credit or (y) an amount equal to the sum of:

  • Investments, Loans, Advances and Acquisitions The Borrower will not, and will not permit any of its Subsidiaries to, purchase, hold or acquire (including pursuant to any merger with any Person that was not a wholly owned Subsidiary prior to such merger) any capital stock, evidences of indebtedness (subject to Section 6.09 below) or other securities (including any option, warrant or other right to acquire any of the foregoing) of, make or permit to exist any loans or advances to, or make or permit to exist any investment or any other interest in, any other Person, or purchase or otherwise acquire (in one transaction or a series of transactions) any assets of any other Person constituting a business unit, except:

  • Other Loans In the event the Partnership is in need of additional funds other than an FF&E Loan or a Capital Improvement Loan, the Company may, but shall not be obligated to, make loans to the Partnership in such amounts as are necessary. Any such loan shall bear interest at a rate, and shall have repayment terms, as the General Partner shall reasonably determine.

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