Examples of Accepted Borrowing Request in a sentence
The Borrower shall provide the Lender with not less than three (3) Business Days prior written notice of the scheduled closing date for purchase of an Asset Pool described in an Accepted Borrowing Request and shall request funding of the related Loan on such date (each a "Borrowing Date").
The Borrower shall provide the Lender with not less than five (5) Business Days prior written notice of the scheduled closing date for purchase of an Asset Pool described in an Accepted Borrowing Request and shall request funding of the related Loan on such date (each a “Borrowing Date”).
Each Loan made by the Lender with respect to an Asset Pool under Section 2.1 shall be evidenced by a separate promissory note of the Borrower payable to the order of the Lender in the amount determined in accordance with the related Accepted Borrowing Request, dated as of the Borrowing Date and otherwise in substantially the form of Exhibit B-1 (each a "Note").
Any acceptance of a Borrowing Request shall be evidenced by the Lender's execution and return to the Borrower of such Borrowing Request, and shall be subject to all terms and conditions of this Agreement and in the Borrowing Request so accepted (each an "Accepted Borrowing Request").
Except as permitted by Section 9.12, the Borrower will not consolidate with or merge into any Person, or permit any other Person to merge into it, or acquire (in a transaction analogous in purpose or effect to a consolidation or merger) all or substantially all the assets of any other Person (except pursuant to a Purchase Agreement and Accepted Borrowing Request approved by the Lender in accordance with Section 2.1).
Each Loan made by the Lender with respect to an Asset Pool under Section 2.1 shall be evidenced by a separate promissory note of the Borrower payable to the order of the Lender in the amount determined in accordance with the related Accepted Borrowing Request, dated as of the Borrowing Date and otherwise in substantially the form of Exhibit B-1 (each a “Note”).
The Borrower shall provide the Lender with not less than three (3) Business Days prior written notice of the scheduled closing date for purchase of an Asset Pool described in an Accepted Borrowing Request and shall request funding of the related Loan on such date (each a “Borrowing Date”).
If the Loan is entered into on or following December 30, 2008, then such Loan shall bear interest at an annual rate at all times equal to the Fixed Rate applicable to such Loan (unless the Loan shall have been designated as bearing interest at a Floating Rate in the applicable Accepted Borrowing Request).
The Borrower shall provide the Lender with not less than one (1) Business Days prior written notice of the scheduled closing date for purchase of an Asset Pool described in an Accepted Borrowing Request and shall request funding of the related Loan on or after such closing date (each a "BORROWING DATE").
An Accepted Borrowing Request delivered to the Borrower by the Lender shall constitute the Lender's commitment, subject to satisfaction of all applicable terms and conditions of this Agreement, to make a Loan to the Borrower to fund a specified percentage of the Total Cost of the Asset Pool, as set forth in such Accepted Borrowing Request.