Examples of Forward Flow Purchase Agreement in a sentence
Impact Area(s): Impacts to vegetated wetlands total 1,650 square feet (sf) of permanent impacts to locally jurisdictional vegetated wetland.
With respect to a Loan made by the Lender to the Borrower in connection with an Asset Pool purchased under a Forward Flow Purchase Agreement, the initial advance of such Loan shall be evidenced by a Note, dated as of the Borrowing Date for such initial advance, in the amount of such initial advance and otherwise in substantially the form of Exhibit B-1.
All Accounts and other Assets purchased by the Borrower during a period of twelve (12) months (or such shorter period as the Lender shall agree to in writing) under a Forward Flow Purchase Agreement shall constitute a single Asset Pool for all purposes of this Agreement and the other Loan Documents.
The Borrower will provide to the Lender a duplicate copy of the computer disk (or other medium reasonably acceptable to the Lender) showing all relevant information as to the Accounts being purchased by the Borrower in connection with the acquisition of the Assets contained in a portion of an Asset Pool under a Forward Flow Purchase Agreement not later than five (5) Business Days after the advance of the applicable Loan is made to purchase the Assets contained in such portion of such Asset Pool.
Each such replacement Note issued in connection with a Loan made in connection with an Asset Pool purchased under a Forward Flow Purchase Agreement shall be issued in replacement of and substitution for, but not in payment of, the previous Note related to such Loan.
The Loan made by the Lender with respect to an Asset Pool purchased by the Borrower under a Forward Flow Purchase Agreement shall be made in multiple advances, with each such advance of the Loan occurring on the date that the Borrower makes one of the periodic purchases of the Accounts and other Assets under such Forward Flow Purchase Agreement; provided, that, advances shall be made no more often than once per month for any Asset Pool.
On the Business Day immediately preceding a Borrowing Date for the purchase of a portion of an Asset Pool under a Forward Flow Purchase Agreement, the Borrower shall transfer to the Lender the Borrower's Asset Pool Equity Contribution for such portion of the Asset Pool to be purchased on such Borrowing Date net of all Purchase Expenses paid or incurred by the Borrower with respect to such portion of the Asset Pool to be purchased on such Borrowing Date.
The Borrower and the Lender contemplate that certain of the Purchase Agreements will provide for the purchase by the Borrower from an Asset Pool Seller of Accounts and other Assets on a periodic basis for a specified period of time (for example, the monthly purchase of Accounts and other Assets during a specified period of time) (each such Purchase Agreement is herein called a "Forward Flow Purchase Agreement").
The circuit court granted appellants’ motion on September 10, 2020, and appellants filed the Forward Flow Purchase Agreement under seal on September 15, 2020.The complaint filed by Briesmeister alleges a violation of the AFDCPA, codified at Arkansas Code Annotated sections 17-24-501 et seq.
Each Originator will comply with the Credit and Collection Policy with respect to each Receivable originated by it or sold by it to the Seller under the Forward Flow Purchase Agreement.