Common use of Receivables Loan Agreement Clause in Contracts

Receivables Loan Agreement. This Note has been executed and delivered pursuant to the provisions of a Second Amended and Restated Receivables Loan Agreement among Borrower, Liberty Bank, as administrative and collateral agent, Lender, and the financial institutions which are Lenders and named therein, dated as of the date hereof, as it may from time to time be amended, modified or restated (as it may from time to time be amended, modified or supplemented, the “Receivables Loan Agreement”). This Note is one of the Receivables Loan Notes and evidences the obligation of the Borrower to repay, with interest thereon, Advances under the Receivables Loan made by Lender to the Borrower pursuant to the Receivables Loan Agreement. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Receivables Loan Agreement. This Note also evidences Borrower’s obligation to repay with interest all additional moneys advanced or expended from time to time by Lender to or for the account of Borrower or otherwise added to the principal balance of this Note, as provided in the Receivables Loan Agreement, whether or not the principal amount shall thereby exceed the principal amount stated above.

Appears in 2 contracts

Samples: BBX Capital Corp, Bluegreen Vacations Corp

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Receivables Loan Agreement. This Note has been executed and delivered pursuant to the provisions of a Second Amended and Restated Receivables Loan Agreement among Borrower, Liberty Bank, as administrative and collateral agent, Lender, and the financial institutions which are Lenders and named therein, dated as March 12, 2018, as amended by that certain First Amendment to Second Amended and Restated Receivables Loan Agreement, dated as of the date hereof, hereof (as it may from time to time be amended, modified or restated (amended and as it may from time to time be amended, modified or supplemented, the “Receivables Loan Agreement”). This Note is one of the Receivables Loan Notes and evidences the obligation of the Borrower to repay, with interest thereon, Advances under the Receivables Loan made by Lender to the Borrower pursuant to the Receivables Loan Agreement. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Receivables Loan Agreement. This Note also evidences Borrower’s obligation to repay with interest all additional moneys advanced or expended from time to time by Lender to or for the account of Borrower or otherwise added to the principal balance of this Note, as provided in the Receivables Loan Agreement, Note whether or not the principal amount shall thereby exceed the principal amount stated above, all as provided in and subject to the Receivables Loan Agreement.

Appears in 2 contracts

Samples: BBX Capital Corp, Bluegreen Vacations Corp

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Receivables Loan Agreement. This Note has been executed and delivered pursuant to the provisions of a Second an Amended and Restated Receivables Loan Agreement among Borrower, Liberty Bank, as administrative and collateral agent, Lender, and the financial institutions which are Lenders and named therein, dated as of the date hereof, as it may from time to time be amended, modified or restated (as it may from time to time be amended, modified or supplemented, the “Receivables Loan Agreement”). This Note is one of the Receivables Loan Notes and evidences the obligation of the Borrower to repay, with interest thereon, Advances under the Receivables Loan made by Lender to the Borrower pursuant to the Receivables Loan Agreement. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Receivables Loan Agreement. This Note also evidences Borrower’s obligation to repay with interest all additional moneys advanced or expended from time to time by Lender to or for the account of Borrower or otherwise added to the principal balance of this Note, as provided in the Receivables Loan Agreement, whether or not the principal amount shall thereby exceed the principal amount stated above.

Appears in 1 contract

Samples: Bluegreen Vacations Corp

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