Examples of Contract Delivery Documents in a sentence
Whenever Borrower is in possession or control of Contract Delivery Documents for Contracts not paid in full, Borrower shall hold them in trust for Lender.
Upon the request of the Borrower, and at the cost and expense of the Borrower, the Custodian shall, within two (2) Business Days of the receipt of such request, provide Borrower with copies of any Contract Delivery Documents from the Custodial Contract Files which Borrower may request.
The undersigned is a Person authorized pursuant to Section 6 of the Custodial Agreement to receive Contract Delivery Documents in trust from the Custodian and hereby acknowledges receipt from the Custodian of the Contract Delivery Documents set forth on the attached Schedule of Documents.
Pursuant to the Loan Agreement, the Lender will make loans to Borrower which loans will be secured by, among other things, Contract Delivery Documents.
Whenever Borrower is in possession or control of Contract Delivery Documents for Contracts not paid in full, Borrower shall at all times hold them in trust for Lender.
Nortel Provides Status Update Nortel to File Third Quarter 2004 Financial Statements TORONTO – Nortel Networks* Corporation [NYSE/TSX:NT] and its principal operating subsidiary, Nortel Networks Limited (“NNL”), today provided a status update pursuant to the alternative information guidelines of the Ontario Securities Commission.
The total number of Contracts for which Contract Delivery Documents are being requested is __________________ and Lender approval [is / is not] required.
With respect to any distribution of Collateral together with a Borrowing Base Certificate, if applicable, the Collateral and/or related - 48 - Contract Delivery Documents shall be released from of the security interest of the Lender in the applicable Collateral and the Lender shall execute and deliver such instruments of release, prepared by and at the expense of the Borrower, in each case without recourse, representation or warranty, as shall be necessary to release the Lender’s security interest therein.
The Custodian shall promptly review such returned Contract Delivery Documents to confirm the Contract Delivery Document (i) has been physically returned, (ii) is not damaged and (iii) has no new Exceptions.
The Borrower or Servicer requesting the release of Contract Delivery Documents shall be responsible for such Contract Delivery Documents from the time such documents are deposited by the Custodian with a nationally recognized insured overnight delivery service for delivery to the requestor until the documents are returned to the Custodian, verified as physically returned in undamaged condition and without new Exceptions pursuant to Section 6.04, and receipted as received by the Custodian.