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.

  • With my signature below, I represent that the information provided in this Application/Agreement is complete and accurate to the best of my knowledge, and I understand and agree to the Conditions of Acceptance and the authorizations I have provided.

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

  • After the Conditions of Acceptance have been fulfilled, this Agreement shall continue in full force and effect for the remainder of the period between the Effective Date and the date falling three (3) calendar years thereafter (the “Initial Term”), unless renewed or terminated earlier pursuant to the following provisions of this Section 1.

  • Tender Documents would be financially evaluated as per penalties indicated at Clause 6.0 of PART-VII in the Draft Terms and Conditions of Acceptance to Tender / Agreement.


More Definitions of Conditions of Acceptance

Conditions of Acceptance. This Commitment Letter is intended to be 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.
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
Conditions of Acceptance. This Commitment Letter is intended to be a summary of the most important elements of the agreement to enter into a
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 $35,000 Application Fee previously paid by the Borrower shall be applied first to expenses incurred by Lender and the balance will be applied to the non-refundable Commitment Fee.
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 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. Commitment Fee: A non-refundable Commitment Fee equal to $45,000 (0.50% of the maximum amount of this Commitment) is due upon acceptance of this Commitment, to be retained by the Lender as compensation for the Commitment. The $45,000 Application Fee previously paid by the Borrower will be applied to the Commitment Fee.