Remaining Advances. So long as (i) no Event of Default has occurred or is continuing under this PSA or the Lease, (ii) no Acquisition Price Deficiency specified in this Section 2.5 exists; and (iii) an Advance does not exceed the limitations specified in Section ARTICLE 2 above, following receipt of an Advance Request, Buyer shall pay to Seller, in immediately available funds, an amount equal to the amount shown on the Advance Request, until the Advance Expiration Date, after which, no additional Advances will be paid by Xxxxx, notwithstanding that all amounts of the Acquisition Price may not have been advanced to Seller, and the Maximum Acquisition Price shall be deemed reduced to the amount that had already been Advanced prior to the Advance Expiration Date.
Remaining Advances. The credit arising under each of the Remaining Advances is owned by Gotesco free and clear of any and all liens, deeds of trust, usufructs, charges, security interests, encumbrances or other adverse claims of any kind. Gotesco has good and marketable title to each of the credits covered by the Remaining Advances. No Person has any right of first refusal or option to acquire any interest in any of the Remaining Advances or any part thereof, and Gotesco has not sold or contracted to sell any of the credits covered by the Remaining Advances or any part thereof or interest therein other than as set forth herein. The obligation to repay each of the Remaining Advances is a legal, valid and binding obligation of the Company, enforceable in accordance with the terms described above. Gotesco has disclosed and Nextel is aware that the herein assigned credit is subordinated to the loan accounts of the Company from Motorola, Inc. By the execution of this Agreement, Nextel agrees to be bound to all the terms and conditions of the said loan accounts of the Company to Motorola, Inc.
Remaining Advances. The credit arising under each of the Remaining Advances is owned by Foodcamp free and clear of any and all liens, deeds of trust, usufructs, charges, security interests, encumbrances or other adverse claims of any kind. Foodcamp has good and marketable title to each of the credits covered by the Remaining Advances. No Person has any right of first refusal or option to acquire any interest in any of the Remaining Advances or any part thereof, and Foodcamp has not sold or contracted to sell any of the credits covered by the Remaining Advances or any part thereof or interest therein other than as set forth herein. The obligation to repay each of the Remaining Advances is a legal, valid and binding obligation of the Company, enforceable in accordance with the terms described above. Foodcamp has disclosed and Nextel is aware that the herein assigned credit is subordinated to the loan accounts of the Company from Motorola, Inc. By the execution of this Agreement, Nextel agrees to be bound to all the terms and conditions of the said loan accounts of the Company to Motorola, Inc.
