Funding Package definition

Funding Package means with respect to each Railcar:

Funding Package means, with respect to each Aircraft proposed by the Borrower to become part of the Portfolio, the following information:

Funding Package has the meaning assigned to such term in Section 2.02 hereof.

Examples of Funding Package in a sentence

• Concurrent with the delivery of the Request, the Borrower shall deliver to the Agent the Funding Package for each such Railcar.

• The Independent Appraisal (if required) included within such Funding Package shall be issued and dated within 30 days of the proposed Funding Date.

• On the Notice Date, Seller or a Guarantor shall (i) request that Buyer enter into a Transaction by furnishing to Buyer and Custodian a Transaction Notice and Loan Schedule, (ii) deliver to Buyer a Computer Medium for the related Purchased Assets and (iii) deliver to Custodian the Loan File or Wet Funding Package for each Loan subject to such Transaction.

• Receipt of the complete Funding Package for each such Railcar, including a Xxxx of Sale and a Physical Inspection Report (if and to the extent required by Section 6.10), based upon a physical inspection of a representative sampling of such Railcars conducted not earlier than 90 days before the proposed Funding Date.

• Within six Business Days of receipt of the Request and a complete Funding Package with respect to such Railcar, the Agent shall inform the Borrower if the Railcar and Lease referred to in the Request and Funding Package may be added (subject to the terms and conditions of this Agreement) to the Portfolio.

• With respect to each Loan, Seller and Guarantors, jointly and severally, hereby make all of the applicable representations and warranties set forth in Appendix A to the Custody Agreement as of the date the Loan File or Wet Funding Package, as applicable, is delivered to the Custodian.

• The Borrower shall use the proceeds of each Advance for the sole purpose of paying its interim operating expenses, as disclosed in the related Funding Package (or to make an interest payment in respect of a Payment Date prior to the Maturity Date as described in Section 2.04).

• With respect to each Loan to be sold hereunder by the related Seller to the Buyer, the Sellers and the Guarantor, jointly and severally, hereby make all of the applicable representations and warranties set forth in Appendix A hereto as of the date the Loan File or Wet Funding Package, as applicable, is delivered to the Custodian.

• Each of the Agent and the Collateral Agent shall from time to time upon reasonable request therefor furnish each Lender with copies of the Funding Package, Railcar Documentation, Lease Documents and/or Loan Documents (to the extent such Funding Package, Railcar Documentation, Lease Documents and/or Loan Documents are provided by the Borrower or other third parties, in the form and to the extent provided to the Agent or the Collateral Agent by the Borrower or such third parties).

• With respect to each Loan to be sold hereunder by Seller to Buyer, Seller and Guarantors, jointly and severally, hereby make all of the applicable representations and warranties set forth in Appendix A to the Custody Agreement as of the date the Loan File or Wet Funding Package, as applicable, is delivered to the Custodian.

More Definitions of Funding Package

Funding Package shall include all of the following:

Funding Package means with respect to each Railcar: (i) a copy of each related Lease; (ii) an Independent Appraisal, if required under Section 6.10; (iii) a Physical Inspection Report, if required under Section 6.10; (iv) the following information: 739866994 17557858 27 Fifth Amended and Restated Warehouse Loan Agreement (A) the Manufacturer, type and car number, including whether such Railcar is a Designated Type and the date of manufacture; (B) the Xxxx that is, or after acquisition by the Borrower will be applicable to such Railcar and the identity of the registered holder of such Xxxx; (C) the Lessee or proposed Lessee, if applicable, and the primary Industry in which such Railcar operates; (D) the seller of the Railcar and whether it is an Affiliate of the Borrower; (E) the proposed Purchase Price, the information on any material modifications (including, but not limited to, prospective material modifications) to the Railcar that relate to such Purchase Price and a written certification that, to the best of the Borrower’s knowledge and belief, such proposed Purchase Price does not exceed the fair market value of the Railcar; (F) the terms of the Lease or proposed Lease, if any, with respect to such Railcar, including, without limitation, the terms, Monthly Rent, maintenance reserves (if any), security deposit (if any), return conditions and if requested by the Agent, non-confidential information showing the basis for the decision to enter into the applicable Lease; (G) if TILC or any of its Affiliates then owns or owned such Railcar at any time prior to the purchase of such Railcar by the Borrower, (A) the dates of such ownership, (B) the purchase price paid by TILC and/or any such Affiliate for such Railcar and (C) such further information as the Agent may reasonably request; (H) search reports (or oral confirmation thereof) as of a recent date from all public offices (including, without limitation, the STB and the Office of the Registrar General of Canada) in which a filing or recording is required or would be effective to perfect a Lien on the interests of the Borrower or the applicable seller in such Railcar and any related Lease; and (I) if such Railcar is then subject to a Lien of record of any Person, information regarding all such Liens including, but not limited to, (A) the name of such lienholder, (B) a description of the collateral granted to such lienholder to secure each such Lien and (C) the payoff amount required to satisfy each such Lien; (v) a memora...

Funding Package contained in Section 1.01 of the Agreement is hereby amended by inserting the words ", and the Industry of such Lessee" at the end of clause (iv)(C) thereof.

Funding Package means a Funding Package delivered to Custodian and containing any Funding Deliverable required to be delivered to Custodian.