Right of Refinancing Sample Clauses

Right of Refinancing. Developer from time to time may consummate Refinancings under the Funding Agreements on terms and conditions acceptable to Developer. TxDOT shall have no obligations or liabilities in connection with any Refinancing except for the rights, benefits and protections set forth in Article 20 (but only if the Refinancing satisfies the conditions and limitations set forth in Section 20.1).
Sample 1Sample 2Sample 3See All (22)
AutoNDA by SimpleDocs
Right of Refinancing. ‌ Developer from time to time may consummate Refinancings under the Funding Agreements, subject to IFA’s prior written approval except in the case of Exempt Refinancings and Rescue Refinancings. IFA shall have no obligations or liabilities in connection with any Refinancing except for the rights, benefits and protections set forth in Article 21. If the Refinancing is with a new Lender, the new Lender may be added to an existing Direct Agreement or IFA shall enter into a new Direct Agreement with the new Lender, if Lender so elects.
Sample 1Sample 2Sample 3
Right of Refinancing. With the prior consent of the Department in writing by the Department’s Authorized Representative, which consent shall not be unreasonably delayed or withheld, Developer from time to time may consummate Refinancings under the Funding Agreements on terms and conditions acceptable to Developer and in compliance with Sections 15.4.2 and 15.4.3; provided that the Department’s consent shall not be required for an Exempt Refinancing or a Rescue Refinancing so long as Developer shall: (a) notify the Department at least [30] days in advance of such Exempt Refinancing or Rescue Refinancing and (b) include in such notice facts to support the basis on which Developer believes the Refinancing constitutes an Exempt Refinancing or a Rescue Refinancing. The Department’s approval of a Refinancing shall be based on confirming compliance with Sections 15.4.2 and 15.4.3 and agreement on the amount, if any, of Refinancing Gain payable to the Department upon the closing of the Refinancing. The Department shall have no obligations or liabilities in connection with any Refinancing except to deliver estoppel certificates pursuant to Section 12.8 and to allow for the inclusion of the new Lender to be added to the Direct Agreement.
Sample 1Sample 2
Right of Refinancing. Subject to obtaining the Owner’s prior written approval as provided in Section 17.3.3, Developer from time to time may consummate Refinancings on terms and conditions acceptable to Developer and in compliance with Sections 17.3.2 and 17.3.3; provided that the Owner’s consent shall not be required for an Exempt Refinancing or a Rescue Refinancing so long as Developer shall: (a) notify the Owner (i) at least 60 days in advance of any Exempt Refinancing,
Sample 1
Right of Refinancing. XXXX’s prior written approval is required for all Refinancings other than Exempt Refinancings and Rescue Refinancings. LAWA shall have no obligations or liabilities in connection with any Refinancing other than its obligations relating to Lender’s rights in any Direct Agreement. If the Refinancing is with a new Lender, the new Lender may be added to an existing Direct Agreement or LAWA shall enter into a new Direct Agreement with the new Lender, if such Lender so elects.
Sample 1

Related to Right of Refinancing

  • Refinancing Substantially simultaneously with the funding of the Initial Term Loans, the Closing Date Refinancing shall be consummated.

  • Credit Union Lien and Security Interest To the extent you owe the Credit Union money as a borrower, guarantor, indorser or otherwise, the Credit Union has a lien on any or all of the funds in any account in which you have an ownership interest at the Credit Union, regardless of the source of the funds. The Credit Union may apply these funds in any order to pay off your indebtedness without further notice to you. If the Credit Union chooses not to enforce its lien, the Credit Union does not waive its right to enforce the lien at a later time. In addition, you grant the Credit Union a consensual security interest in your accounts and agree the Credit Union may use the funds from your accounts to pay any debt or amount owed the Credit Union, except obligations secured by your dwelling, unless prohibited by applicable law. All accounts are nonassignable and nontransferable to third parties.

Time is Money Join Law Insider Premium to draft better contracts faster.