Examples of Conditional Approval Notice in a sentence
Within 10 days after receipt by the Borrower of a Conditional Approval Notice (which period may be extended in the discretion of the Administrative Agent, at the Borrower’s request, for an additional 30 days without the approval of the Required Lenders), the Borrower shall, at its expense, deliver (or cause to be delivered) to the Administrative Agent all applicable Deliverables and Guarantor Deliverables.
Within 45 days after receipt by the Borrower of a Conditional Approval Notice (which period may be extended in the discretion of the Administrative Agent, at the Borrower’s request, for an additional 30 days without the approval of the Required Lenders), the Borrower shall, at its expense, deliver (or cause to be delivered) to the Administrative Agent all applicable Deliverables and Guarantor Deliverables.
Within 45 days after receipt by the Borrower of a Conditional Approval Notice (which period may be extended in the discretion of the Administrative Agent, at the Borrower’s request, for an additional 30 days without the approval of the Required Lenders), the Borrower shall, at its expense, deliver (or cause to be delivered) to the Administrative Agent all applicable Collateral Deliverables and Guarantor Deliverables.
Within forty five (45) days after receipt by Borrower of a Conditional Approval Notice (which period may be extended in the discretion of the Administrative Agent, at Borrower’s request, for an additional thirty (30) days without the approval of the Requisite Lenders), Borrower shall, at its expense, deliver (or cause to be delivered) to the Administrative Agent all applicable Collateral Deliverables and Guarantor Deliverables.
Within 10 days after receipt by the Borrower of a Conditional Approval Notice (which period may be extended in the discretion of the Administrative Agent, at the Borrower’s request, for an additional 30 days without the approval of the Required Lenders), the Borrower shall, at its expense, deliver (or cause to be delivered) to the Administrative Agent the Deliverables pertaining to the applicable Proposed Borrowing Base Asset.
After the issuance of a Conditional Approval Notice, Borrower will be required to satisfy the conditions set forth in Schedule 2.3 and the Borrowing Base Conditions before the applicable Proposed Borrowing Base Asset is considered a Borrowing Base Asset.
Seller shall then have ten (10) business days following its receipt of the Conditional Approval Notice or Conditional Disapproval Notice to elect, by written notice to Buyer and Escrow Holder (the "Election Notice"), to either cure the Objection Matters by the Cure Date, or not to attempt cure of the Objection Matters (with Seller deemed to have elected to not attempt such cure if Seller fails to timely give -8- the Election Notice).
The CSR will communicate with Sellers regarding conditions received and outstanding.To assure the conditions are handled quickly and efficiently, Sellers will print the most recent Conditional Approval Notice for the loan, indicate on the form the conditions that are being submitted and write on each condition the associated condition number from the most recent Conditional Approval Notice.
We do not control State CNS notices but have worked with the State to revise various notices that we have found confusing for the clients (i.e., SNAP Recertification Notice and the Expedited SNAP Conditional Approval Notice).
Except as expressly set forth below, no Proposed Borrowing Base Asset shall be added as a Borrowing Base Asset unless a Conditional Approval Notice with respect thereto shall have been issued.