Corporate Borrowers definition
Examples of Corporate Borrowers in a sentence
An "Extraordinary Cash Dividend" shall be that portion, if any, of the aggregate amount of all cash dividends paid in any fiscal year which exceeds the sum of (A) the Corporate Borrower's cumulative undistributed earnings on the date of this Agreement, plus (B) the cumulative amount of earnings, as determined by the Board of Directors, after such date, minus (C) the cumulative amount of dividends accrued or paid in respect of the Common Stock.
In connection with agreeing to make the Corporate Loan, Atlantic agreed that the Prior Corporate Borrower's repayment obligation for funds advanced in respect of the Corporate Loan would be adjusted by a discount factor of .8821961120 (the "Discount Factor").
In any case, You agree to pay for the cost of any such insurance and if You fail to do so, We may declare Your Account in default.
Date: 02.26.2021 B▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, Owner/Officer Note: Corporate Borrowers must execute Loan Authorization and Agreement in corporate name, by a duly authorized officer.
Any remaining balance of the initial Advance on the Revolving Loan and the proceeds of any subsequent Advance thereon shall be used for the Corporate Borrower's general business purposes in a manner not in conflict with any of the Borrower's covenants in this Agreement.
Any limitations on Advances or required prepayments relating to the Borrowing Base shall be based on the latest Borrowing Base Certificate the Corporate Borrowers shall have delivered to the Lender.
At a minimum, Lender will require an annual examination to be conducted at Corporate Borrowers headquarters.
Date: 07.21.2020 ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Owner/Officer Note: Corporate Borrowers must execute Loan Authorization and Agreement in corporate name, by a duly authorized officer.
Such right may only be exercised by the Corporate Borrowers delivering a notice to the Agent advising of such cancellation and specifying the effective date of cancellation which must be no less than five Banking Days after and no later than 30 days after the relevant Lender became an Affected Lender.
TriplePulse Inc /s/ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Date: 07.08.2020 ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Owner/Officer Note: Corporate Borrowers must execute Loan Authorization and Agreement in corporate name, by a duly authorized officer.