Commercial Purposes Borrower intends to use the Loan proceeds solely for business or commercial related purposes.
Special Notes NOTE # 1: If any laborer work other than the above is performed during a shift, the basic labor rate is paid for the full shift. CLASSIFICATIONS GROUP 1 Includes: General Laborers and the following; • Applicator (including Pot Power Tender for same) applying protective Material by hand or nozzle on utility lines or storage tanks on a project • Asphalt Plant Laborers • Asphalt Spreaders • Assistant and Tender to other Crafts • Batch Weighman • Broomers • Brush Burners and Cutters • Brush Cutters (Power Saw) • Burners • Car and Truck Loaders • Xxxxxxxxx Tender • Change-House Man or Dry Shack Man • Chipper Operator (Vermeer or Similar types) • Choker Setter • Choker Splicer • Xxxxx Power Spreader and similar Types) • Clean-Up Laborers • Clean-Up Nozzleman — Green-Cutter (Concrete, Rock, etc.) • Compressor small, under 1 ,250 CFM) • Concrete Laborer (including, but not limited to, setting up chutes, hoses, pouring, mucking, placing, buckets, and other general concrete work.) • Concrete Specialist (including, but not limited to, patching.) • Crusher Feeder • Curing, Concrete • Demolition, Wrecking and Moving Laborers (including selective demolition) • Demolition and Wrecking Charred Materials • Dewatering (including operation of portable pumps, squeegee, vacuums) • Direction Boring (up to 6-inch diameter) • Doping and Wrapping Pipe • Driller Helpers • Dumpers, Road Oiling Crew • Dump man (for Grading Crew) • Elevator Feeders • Erosion Control Specialist Certified) • Fine Graders • Fence Builders • Form Strippers (not Swinging Stages) or stockpiling if no longer use including cleaning and preparation for reuse • Guard Rail, Median Rail, Barriers, Cable Barrier, Impact Attenuators, Reference Post, Guidepost, Right-of-Way Marker • Gunite Nozzle Man Tender • Gunite or Sand Blasting Pot Tender • Handlers or Mixers of All Materials of an irritating nature (including cement and lime) • Leverman or Aggregate Spreader (Xxxxxxxx and similar types) • Loading Spotters • Material Yard Man (including Electrical and la down yards) • Pavers (Dry Set) • Post Hole Digger, Air, Gas or Electric • Powderman Helper • Precast Concrete Setter (assist in Placement) • Pressure Washing • Railroad Track Laborers • Retaining Wall Installer (Dry Stack) • Ribbon Setter, Head • Ribbon Setter (including Steel Forms) • Rip Rap Man (Head) , Hand Placed including Gabion Baskets • Rip Rap Man (Hand Placed) • Road Pump Tender • Roof Removal • Sand Blasting (Wet) • Scaffold Tender • Self-Propelled Concrete Buggy • Sewer Laborer • Sign Erector (all types of faces and supporting structures) • Signalman • Scissor and Manlift • Skipman • Slopers • Solar Worker • Spray man • Stake Chaser • Stake Setter • Stock piler • Tampers • Tie Back Shoring • Timber Xxxxxx and Xxxxxx (Hand Labor) • Tool Operators, Handheld, Walk Behind (Except Concrete Saw) and • Remote Control (includes but not limited to): - Dry Pack Machine - Jackhammer - Chipping Guns - Compaction - Paving Breakers - - Hand-held Concrete Saw and Demo Saws - Core Drill (2" diameter maximum) • Tool room Man (at Jobsite)
Special Note The net present value calculation used to determine whether a loan should be modified based on the modification process above is distinct and different from the net present value calculation used to determine the covered loss if the loan is modified. Please refer only to the net present value calculation described in this exhibit for the modification process, with its separate assumptions, when determining whether to provide a modification to a borrower. Separate assumptions may include, without limitation, Assuming Bank’s determination of a probability of default without modification, a probability of default with modification, home price forecasts, prepayment speeds, and event timing. These assumptions are applied to different projected cash flows over the term of the loan, such as the projected cash flow of the loan performing or defaulting without modification and the projected cash flow of the loan performing or defaulting with modification. By contrast, the net present value for determining the covered loss is based on a 10 year period. While the assumptions in the net present value calculation used in the modification process may change, the net present value calculation for determining the covered loss remains constant. EXHIBIT 4.15B COMMERCIAL AND OTHER ASSETS SHARED-LOSS AGREEMENT This agreement for reimbursement of loss sharing expenses on certain loans and other assets (the “Commercial Shared-Loss Agreement”) shall apply when the Assuming Bank purchases Shared-Loss Assets as that term is defined herein. The terms hereof shall modify and supplement, as necessary, the terms of the Purchase and Assumption Agreement to which this Commercial Shared-Loss Agreement is attached as Exhibit 4.15B and incorporated therein. To the extent any inconsistencies may arise between the terms of the Purchase and Assumption Agreement and this Commercial Shared-Loss Agreement with respect to the subject matter of this Commercial Shared-Loss Agreement, the terms of this Commercial Shared-Loss Agreement shall control. References in this Commercial Shared-Loss Agreement to a particular Section shall be deemed to refer to a Section in this Commercial Shared-Loss Agreement unless the context indicates that a Section of the Purchase and Assumption Agreement is intended.
GENERAL PURPOSE 1.1 The general purpose of this Agreement is to establish and maintain mutually satisfactory working conditions, hours of work and wages, and to provide for Union security and machinery for the prompt and equitable disposition of grievances for all Employees and Employers who are subject to the provisions of this Agreement.
Redemption of Bonds The Issuer shall take or cause to be taken the actions required by the Indenture (other than the payment of money) to discharge the lien thereof through the redemption, or provision for payment or redemption, of all Bonds then Outstanding, or to effect the redemption, or provision for payment or redemption, of less than all the Bonds then Outstanding, upon receipt by the Issuer and the Trustee from an Authorized Company Representative of a written notice designating the principal amount of the Bonds to be redeemed and specifying the date of redemption (which, unless waived by the Issuer and the Trustee, shall not be less than 30 days from the date such notice is given, or such shorter period as the Trustee and the Company may agree from time to time) and the applicable redemption provision of the Indenture. Unless otherwise stated therein and except with respect to a redemption under Section 4.03 of the Indenture, such notice shall be revocable by the Company at any time prior to the time at which the Bonds to be redeemed, or for the payment or redemption of which provision is to be made, are first deemed to be paid in accordance with Article VIII of the Indenture. The Company shall furnish any moneys required by the Indenture to be deposited with the Trustee or otherwise paid by the Issuer in connection with any of the foregoing purposes. In connection with any redemption of the Bonds, the Company shall provide to the Trustee the names and addresses of the Securities Depositories and Information Services as contemplated by Section 4.05 of the Indenture.
CERTIFICATE OF INDEBTEDNESS A certificate signed by the officer of Maybank as to the monies for the time being due and owing to Maybank from the Cardmember shall be conclusive evidence or proof that the amount appearing therein is due and owing and payable by the Cardmember to Maybank.