Conditions of Acceptance definition

Conditions of Acceptance has the meaning set forth in Section 1.1;
Conditions of Acceptance. This Commitment Letter is intended to be a summary of the most important elements of the agreement to enter into a loan transaction with Borrower, and it is subject to all requirements and conditions contained in Loan documentation proposed by Lender or its counsel in the course of closing the Loans described herein. Not every provision that imposes duties, obligations, burdens, or limitations on Borrower is contained herein, but shall be contained in the final Loan documentation satisfactory to Lender and its counsel. EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY SUIT, ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATED TO THIS LETTER OR THE TRANSACTION DESCRIBED IN THIS LETTER. APPLICATION FEE: The $11,000 Application Fee previously paid will be first applied to the reasonable costs and expenses of the Lender in connection with the transaction, and any remainder shall be applied pro rata to the second month's payment due under each Loan.
Conditions of Acceptance. This Commitment Letter is intended to be a summary of the most important elements of the agreement to enter into a leasing transaction with Lessee, and it is subject to all requirements and conditions contained in Lease documentation proposed by Lessor or its counsel in the course of closing the Lease described herein. Not every provision that imposes duties, obligations, burdens, or limitations on Lessee is contained herein, but shall be contained in the final Lease documentation satisfactory to Lessor and its counsel. EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY SUIT, ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATED TO THIS LETTER OR THE TRANSACTION DESCRIBED IN THIS LETTER. APPLICATION FEE: The $20,000 Application Fee previously paid by Lessee shall be first applied to the costs and expenses of the Lessor in connection with the transaction (not to exceed $2,500 without the consent of the Lessee), and any remainder shall be applied pro rata to the second month's rent due under each Lease Schedule.

Examples of Conditions of Acceptance in a sentence

  • Conditions of Acceptance of Copy FAILURE to comply with any of the following conditions will result in the rejection of copy, and no responsibility can be accepted if such rejection should affect any date contained in such copy or any requirement of publication on a specific date.

  • Substitution of a "Recognized" and/or "Accepted" component by one that is not CSA Certified is not permitted without a proper evaluation as well as a report update because the Conditions of Acceptance of the original component may be different than the Conditions of Acceptance of the substitute component.

  • An affirmative answer to any question appearing on the Conditions of Acceptance form.

  • Step #2: Sign the Conditions of Acceptance FORM: Read, sign and date.

  • Read and answer the questions in the Conditions of Acceptance Statements section.


More Definitions of Conditions of Acceptance

Conditions of Acceptance. This Commitment Letter is intended to be a summary of the most important elements of the agreement to enter into a leasing transaction with Lessee, and it is subject to all requirements and conditions contained in Lease documentation proposed by Lessor or its counsel in the course of closing the lease described herein. Not every provision that imposes duties, obligations, burdens, or limitations on Lessee is contained herein, but shall be contained in the final Lease documentation satisfactory to Lessor and its counsel. EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY SUIT, ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATED TO THIS LETTER OR THE TRANSACTION DESCRIBED IN THIS LETTER. ---------------------------------- * Confidential Treatment Requested
Conditions of Acceptance has the meanign set forth in Section 7.1.
Conditions of Acceptance. This Commitment Letter is intended to be a summary of the most important elements of the agreement to enter into a financing transaction with Borrower, and is subject to all requirements and conditions contained in loan documentation proposed by Lender or its counsel in the course of closing the financing described herein. Not every provision that imposes duties, obligations, burdens, or limitations on Borrower is contained herein, but shall be contained in the final loan documentation satisfactory to Lender and its counsel. EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY SUIT, ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATED TO THIS LETTER OR THE TRANSACTION DESCRIBED IN THIS LETTER. Commitment Fee: The $10,000 Application Fee previously paid by Borrower (all of which is presently held by Meiex Xxxxxxxx & Xompany, LLC) shall be applied to the Commitment Fee. The Commitment Fee shall be applied to the first monthly payments under the Loan on a prorata basis until it has been exhausted.
Conditions of Acceptance. This Commitment Letter is intended to be a summary of the most important elements of the agreement to enter into a financing transaction with Borrower, and it is subject to all requirements and conditions contained in loan documentation proposed by Lender or its counsel in the course of closing the financing described herein. Not every provision that imposes duties, obligations, burdens, or limitations on Borrower is contained herein, but shall be contained in the final loan documentation satisfactory to Lender and its counsel. EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY SUIT, ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATED TO THIS LETTER OR THE TRANSACTION DESCRIBED IN THIS LETTER. Commitment Fee: A non-refundable Commitment Fee equal to 1% of the Loan shall be payable to Lender upon acceptance of this Commitment. The $14,200 Application Fee previously paid by Borrower shall be applied to the Commitment Fee leaving an outstanding balance of $5,800. The Commitment Fee shall be first applied to the costs and expenses of the Lender in connection with the transaction, and any remainder shall be applied to the second month's payment under the Loan.
Conditions of Acceptance. This Commitment Letter is intended to be a summary of the most important elements of the agreement to enter into a leasing transaction with Lessee, and it is subject to all requirements and conditions contained in Lease documentation proposed by Lessor or its counsel in the course of closing the Lease described herein. Not every provision that imposes duties, obligations, burdens, or limitations on Lessee is contained herein, but shall be contained in the final Lease documentation satisfactory to Lessor and its counsel. EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY SUIT, ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATED TO THIS LETTER OR THE TRANSACTION DESCRIBED IN THIS LETTER. Application Fee: The $[...***...] Application Fee previously paid by the Lessee shall be first applied to the costs and expenses of the Lessor in connection with ---------------------------------- * Confidential Treatment Requested the transaction (not to exceed $[...***...]), and any remainder shall be applied to the second month's rent due under the Lease or subsequent months until fully utilized.
Conditions of Acceptance. This Commitment Letter is intended to be a summary of ------------------------ the most important elements of the agreement to enter into a leasing transaction with Lessee, and it is subject to all requirements and conditions contained in Lease documentation proposed by Lessor or its counsel in the course of closing the Lease described herein. Not every provision that imposes duties, obligations, burdens, or limitations on Lessee is contained herein, but shall be contained in the final Lease documentation satisfactory to Lessor and its counsel. EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY SUIT, ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATED TO THIS LETTER OR THE TRANSACTION DESCRIBED IN THIS LETTER. Application Fee: The $10,000 Application Fee previously paid by the --------------- Lessee shall be first applied to the costs and expenses of the Lessor in connection with closing the transaction (capped at $3,000), and the remainder shall be applied pro rata to the second month's rent due under each Lease Schedule.
Conditions of Acceptance. This Commitment Letter is intended to be a summary of the most important elements of the agreement to enter into a leasing transaction with Lessee, and it is subject to all requirements and conditions contained in Lease documentation