Examples of Acquisition Lender in a sentence
Most of the information was drawn from theNew York Times, the Montclair Times, and personal interviews.
Each Acquisition Lender is hereby irrevocably authorized by the Borrower to endorse its Acquisition Loan Note and to attach to and make a part of its Acquisition Loan Note a continuation of such schedule as and when required.
Subject to the terms and conditions set forth herein, each Acquisition Lender severally agrees to make Acquisition Loans to the Borrowers from time to time, on any Business Day during the Availability Period for the Acquisition Facility, in an aggregate amount not to exceed such Acquisition Lender’s Acquisition Commitment.
The obligations of each Acquisition Lender hereunder shall be several and not joint.
In addition, the Borrowers shall pay to the Administrative Agent for the account of each Acquisition Lender in accordance with its Applicable Percentage of the Acquisition Facility, a commitment fee equal to the Commitment Fee Rate times the actual daily amount by which the aggregate Acquisition Commitments exceed the Outstanding Amount of Acquisition Loans.