Transaction Conditions. Dealer agrees:
Transaction Conditions. A. As a condition to REIT’s obligation to close, any notice to the Lender to the conveyance of the Springhouse Interests as a permitted transfer required under any of the Loan Documents shall have been delivered to Lender in accordance with the applicable Loan Documents, and any terms and conditions imposed by any such Lender in connection with the conveyance shall be satisfactory to the REIT in its sole discretion.
Transaction Conditions. (a) The obligation of Buyers to enter into any Additional Funding Transaction shall be subject to satisfaction of the following conditions (in each case, as of the Purchase Date) (together, the “Additional Funding Conditions”):
Transaction Conditions. The following conditions shall have been satisfied on the Note Initial Increase Date and on any Note Balance Increase Date:
Transaction Conditions. Each of the conditions set forth in Section 6.2 of the Master Agreement shall have been fulfilled or waived.
Transaction Conditions. Completion is subject to and conditional on each of the following conditions being fulfilled, or waived under clause 3.4, on or before the date set down in respect of that condition in this clause 3.1:
Transaction Conditions. A. As a condition to Operating Partnership’s obligation to close, any notice to the Lender to the conveyance of the Property as a permitted transfer required under any of the Loan Documents shall have been delivered to Lender in accordance with the applicable Loan Documents, and any terms and conditions imposed by any such Lender in connection with the conveyance shall be satisfactory to the Operating Partnership in its sole discretion.
Transaction Conditions. A. As a condition to REIT’s obligation to close, any notice to the Lender to the conveyance of the Village Green Interests as a permitted transfer required under any of the Loan Documents shall have been delivered to Lender in accordance with the applicable Loan Documents, and any terms and conditions imposed by any such Lender in connection with the conveyance shall be satisfactory to the REIT in its sole discretion.
Transaction Conditions. The terms and conditions applicable to credit transactions shall be as follows (in case of several types of transactions, please xxxx Period from the due date until the date payment is actually received Default Interest Rate 90 days or less ( % p.a.) : Agreed Interest Rate + Additional Interest Rate of ( %) Exceeding 90 days ( % p.a.) : Agreed Interest Rate + Additional Interest Rate of ( %) “√”in the “□” spaces below after receiving explanation by an officer of the Bank). Credit Type (Item) Classification of Transaction □ Revolving Loan Transaction □ Lump Sum Transaction (Maximum) Credit Amount Drawdown Date Maturity (revolving period : month(s)) Interest Rate □ Fixed (In case of selecting Article 3 Paragraph 2 Subparagraph 1 of General Terms and Conditions for Bank Credit Transactions) □ Floating (In case of selecting Article 3 Paragraph 2 Subparagraph 2 of General Terms and Conditions for Bank Credit Transactions) Default Interest (Article 3 Paragraph (5) of General Terms and Conditions for Bank Credit Transactions shall apply) Maximum of % p.a. □ % p.a. until the expiration date □ Base rate + ( □ Other ( )% ) On the basis of actual number of days elapsed and a year of 365 days (366 days in a leap year) however, with respect to foreign exchange transaction, international and commercial practice shall apply. -Default Interest Rate Method of Calculation of Interest and Default Interest *Different Additional Interest Rate shall apply for the first 90 day period immediately following the occurrence of default and the subsequent period. Method of Credit Advance □ Full loan amount is advanced on the date of drawdown □ Loan amount is drawn in installments after the Bank confirms documents, facilities or goods evidencing purpose of loan proceeds and the amount required. □ Loan amount is drawn upon according to my/our request subject to fulfillment of conditions precedent Method of Repayment □ Lump-sum repayment at maturity □ Loan is not redeemed during______ _ _, and shall be payable in installments from____ _ (date) □ Loan shall be payable in ___ _ _ month installments from the first date corresponding to the date of first drawdown after the date of Final drawdown. □ Discretionary repayment; provided, that full amount of loan shall be repaid first on the expiry of first revolving period and all outstanding loan shall be repaid at maturity. Method and Time of Interest Payment □ First interest shall be payable on the date of first drawdown, and interest accrued ...
Transaction Conditions. (a) The obligation of Buyers to enter into any Additional Funding Transaction shall be subject to satisfaction of the following conditions (in each case, as of the Purchase Date) (together, the “Additional Funding Conditions”): (i) with respect to the initial Transaction, each of the items required to be delivered by Seller in connection with such initial Transaction pursuant to Section 3.5 shall have been delivered in accordance with the terms hereof; (ii) all amounts then due and owing by Seller under the Fee Letter and the Side Letter shall have been paid in full; (iii) the Transaction Notice, including the proposed Portfolio Schedule required to be attached thereto, shall have been delivered to Agent in accordance with Section 4.1; (iv) Seller shall have delivered to Agent a duly executed counterpart to the applicable Confirmation; (v) each of the representations and warranties of Seller and Guarantor (as applicable) set forth in the Transaction Agreements (excluding any representations or warranties set forth in the Asset Representations, Warranties and Covenants) shall be true and correct in all material respects; (vi) the aggregate Market Value of the Transaction Portfolio for such Transaction (as set forth in the Portfolio Schedule to the Confirmation provided by Seller) shall be equal to or greater than 105% of the Purchase Price for such Transaction; (vii) all of the loans included in the Transaction Portfolio for such Transaction (as set forth in the Portfolio Schedule to the Confirmation provided by Seller) shall be Eligible Xxxxxx Loans; (viii) the Weighted Average CBR Score with respect to the Transaction Portfolio for such Transaction shall be equal to or greater than 675; (ix) no less than seventy percent (70%) of the Eligible Xxxxxx Loans comprising the Transaction Portfolio for such Transaction (based on their respective Book Values) shall have been made to Debtors that are natural persons; (x) the Purchase Date for such Transaction shall be at least 10 days prior to the Facility Expiration Date; (xi) the payment of the proposed Purchase Price would not cause (x) the Aggregate Buyer Balance (after giving effect to such payment) to exceed the Aggregate Commitment Amount applicable to such Transaction or (y) any Buyer’s Individual Buyer Balance (after giving effect to such payment) to exceed such Buyer’s applicable Individual Commitment Amount with respect to such Transaction; 8 (xii) no Potential Event of Default or Event of Default shall ...
