Xxxxxxxions. As used in this Agreement, the following terms shall have the meanings hereinafter set forth in this Paragraph:
Xxxxxxxions. As used herein:
1.1. ACCOUNTING TERMS All accounting terms not specifically defined herein shall be construed in accordance with GAAP and all financial data submitted pursuant to this Loan Agreement shall be prepared in accordance with GAAP.
Xxxxxxxions. In this Agreement anx xxxxxxxxx xx any event, change, condition or effect being "material" with respect to any entity or group of entities means any material event, change, condition or effect related to the financial condition, properties, assets (including intangible assets), liabilities, business, operations or results of operations of such
Xxxxxxxions. The Sexxxxxx shall inspect the Mortgaged Property as often as deemed necessary by the Servicer to assure itself that the value of the Mortgaged Property is being preserved and which is both consistent with Accepted Servicing Practices and with any requirements of the primary mortgage guaranty insurer.
Xxxxxxxions. Capitalized txxxx xx xxis Agreement including those in the Exhibit, have the meanings set forth below or defined elsewhere in this Agreement. All references to Sections and Exhibits in this Agreement are to Sections and Exhibits attached to this Agreement, "
Xxxxxxxions. For purposes of this Agreement:
Xxxxxxxions. 1.1 In this Agreement the following words and expressions shall have the following meanings:-
Xxxxxxxions. Delaware Color and Logical (collectively, jointly and severally, "Borrower"), are jointly and severally indebted to Bank under and in regard to various loans and obligations (collectively, the "Obligations") the, including but not limited to the following:
a. Revolving Loan in the maximum principal amount of Two Million Five Hundred Thousand Dollars ($2,500,000) evidenced by and subject to Loan and Security Agreement (as amended, the "Revolving Loan Agreement") dated as of May 5, 2000, between Georgia Color and Bank, as amended and affected by Amendment of Loan Documents dated as of August 30, 2000, Second Amendment of Loan Documents dated as of November 30, 2000, Third Amendment of Loan Documents made as of July 5, 2001, to be effective for all purposes as of June 30, 2001, Fourth Amendment of Loan Documents dated as of November 1, 0000, Xxxxx Xxxxxxxxt of Loan Documents made as of December 31, 2001, Sixth Amendment of Loan Documents made as of February 2002, and Seventh Amendment of Loan Documents made as of July 5, 2002;
b. Term Loan (as amended, the "Term Loan") in the original principal amount of One Million Seven Hundred Fifty-Two Thousand Dollars ($1,752,000) evidenced by Installment Note (the "Term Note") dated as of June 24, 1999 from Georgia Color to Bank and Term Loan Agreement (the "Term Loan Agreement") dated as of June 24, 1999 between Georgia Color and Bank, all as amended by Term Loan Documents Modification Agreement dated as of August 30, 2000, among Bank, Delaware Color, Logical, Georgia Color and Alorex Corp.;
c. Reimbursement Agreement dated as of June 1, 1999, among Georgia Color, Kings Brothers and Bank, as amended by Amendment of Loan Documents dated as of August 30, 2000, among Bank, Delaware Color, Logical, Georgia Color and Alorex Corp.; and
d. Guaranty Agreement dated as of March 31, 1999 regarding the obligations of Kings Brothers under a Term Loan in the original principal amount of Three Million Seven Hundred Forty-Five Thousand Eight Hundred Seventy-Two Dollars ($3,745,872), evidenced by (i) Term Loan Agreement between Kings Brothers and Bank dated as of March 31, 1999, as amended by First Amendment thereto dated as of June 24, 1999, and (ii) Term Note between Kings Brothers and Bank dated as of March 31, 1999 in the original principal amount of Four Million Seven Hundred Twenty Thousand Dollars ($4,720,000), as amended and restated by Amended and Restated Term Note between Kings Brothers and Bank dated as of June 24, 1999, i...
Xxxxxxxions
