I T A L S definition

I T A L S. A. Borrower has obtained financing from Lender pursuant to that certain Amended and Restated Revolving Credit Loan Agreement dated as of even date herewith (hereinafter, together with any and all extensions, renewals, modifications, replacements and substitutions thereof, referred to as the "Loan Agreement") and those certain Substitution Revolving Promissory Notes and Revolving Promissory Notes dated as of even date herewith (hereinafter, together with any and all extensions, renewals, modifications, replacements and substitutions thereof, referred to as the "Loan"). B. Borrower's obligations under the Loan are secured in part by a Deed of Trust, Assignment of Leases and Rents, and Security Agreement in favor of Lender 1 NORTH CAROLINA PROPERTIES (the "Deed of Trust") encumbering real property located in Mecklenburg County and Amended and Restated Deed of Trust, Assignment of Leases and Rents and Security Agreement encumbering real property located in Guilford County, North Carolina, and being more particularly described on attached Exhibit A (the "Property"). C. As a condition precedent to and as a material inducement for Lender's agreement to provide the Loan to Borrower, Lender has required Borrower to execute and deliver this Agreement, it being acknowledged and understood by Borrower that Lender otherwise is not willing to make or provide the Loan. D. Borrower has obtained a Phase I Environmental Site Assessment dated November 26, 1997, prepared by Law Engineering and Environmental Services, Inc. (the "Environmental Assessment"), and has delivered a copy of the same to Lender. Lender intends to rely on the Environmental Assessment in making the Loan.
Sample 1
I T A L S. A. Borrower has obtained financing from Lenders pursuant to that certain Amended and Restated Revolving Credit Loan Agreement dated as of even date herewith (hereinafter, together with any and all extensions, renewals, modifications, replacements and substitutions thereof, referred to as the "Loan Agreement") and those certain Substitution Revolving Promissory Notes and Revolving Promissory Notes dated as of even date herewith (hereinafter, together with any and all extensions, renewals, modifications, replacements and substitutions thereof, referred to as the "Loan"). B. Borrower's obligations under the Loan are secured in part by a Mortgage, Assignment of Leases and Rents, and Security Agreement in favor of Lenders (the "Mortgage") encumbering real property located in Greenville County, South Carolina, and being more particularly described on attached Exhibit A (the "Property"). SOUTH CAROLINA PROPERTIES C. As a condition precedent to and as a material inducement for Lenders' agreement to provide the Loan to Borrower, Lenders have required Borrower to execute and deliver this Agreement, it being acknowledged and understood by Borrower that Lenders otherwise are not willing to make or provide the Loan. D. Borrower has obtained a Phase I Environmental Site Assessment dated December 2, 1997, prepared by Law Engineering and Environmental Services, Inc. (the "Environmental Assessment"), and has delivered a copy of the same to Lenders. Lenders intend to rely on the Environmental Assessment in making the Loan.
Sample 1
I T A L S. A. Licensor and Licensee are parties to an Asset Purchase Agreement, dated _________, 1998 (the "Purchase Agreement"), pursuant to which Licensor has acquired from Licensee all proprietary and other property rights and interests in and to the corporate and trade name "Radius" and the marks and trademarks specified on ExhibitE1 hereto under which Licensee has previously conducted its business of designing, developing, assembling, marketing and selling computer displays (the "Display Business").
Sample 1

Examples of I T A L S in a sentence

  • R E C I T A L S WHEREAS, the CITY desires to employ a CONSULTANT to provide(proved a good description).

  • R E C I T A L S: WHEREAS, the Company has adopted the Plan, pursuant to which restricted stock units (“RSUs”) may be granted; and WHEREAS, the Committee has determined that it is in the best interests of the Company and its stockholders to grant the RSUs provided for herein to the Participant on the terms and subject to the conditions set forth herein.

  • R E C I T A L S WHEREAS, the Company desires to employ Executive, and Executive desires to be employed by the Company, on the terms and conditions set forth in this Agreement.

  • If your content is interesting and fresh, people will “like” your page and continue to interact with it.As an extension of the campaign, the “It’s Up to Us” Facebook strategy for content and messaging followed the same approaches (i.e., social inclusion, whole- self wellness and social justice) and goals of the larger campaign.

  • The COUNTY and the CONSULTANT are hereafter sometimes individually referred to as a “party” or together as the “parties.” R E C I T A L S WHEREAS, the Illinois General Assembly has granted the County of DuPage ("COUNTY") authority to construct stormwater management and drainage improvements and to enter into agreements for the purposes of stormwater management and flood control (Illinois Compiled Statutes, Chapter 55, paragraphs 5/5-1062 & 5/5-15001 et.

  • Shepsle and Bonchek (1997) provides an excellent starting point and will be the main reference for many topics.

  • R E C I T A L S WHEREAS, the Trust was established pursuant to a declaration of trust (the “Original Declaration of Trust”) made on October 10, 2006 between InterRent International Properties Inc.

  • In this Agreement Riverdale and South Ogden hereinafter also collectively referred to as the “Cities”.R E C I T A L S: Whereas, Riverdale and South Ogden currently provide fire, Emergency Medical Services (EMS) and emergency rescue services, including ambulance transport within their respective jurisdictional boundaries; and,Whereas, the Cities desire and propose to share a common boundary of fire and emergency medical services.

  • R E C I T A L S: WHEREAS, the Company has adopted the Dave & Buster’s Entertainment, Inc.

  • R E C I T A L S This Agreement is being entered into in accordance with the Severance Plan attached hereto as Annex 1 (the "Plan") in order to set forth the specific severance compensation which the Company agrees that it will pay to the Executive if the Executive's employment with the Company terminates under certain circumstances described in the Plan.

Related to I T A L S

  • R E C I T A L S The parties desire to enter into this Agreement setting forth the terms and conditions of the employment relationship between the Corporation and the Executive.

  • Class A-3 Pass-Through Rate For any Distribution Date, a per annum rate equal to 3.356%.

  • Class A-3 Final Distribution Date means the July 2029 Distribution Date.

  • Class A-SB Certificate Any one of the Certificates with a “Class A-SB” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

  • Class A-V Certificate Any one of the Certificates designated as a Class A-V Certificate, including any Subclass thereof.

  • Class A-4 Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to 3.469%.

  • Class A-2B Certificate Any Certificate designated as a "Class A-2B Certificate" on the face thereof, in the form of Exhibit A hereto, representing the right to distributions as set forth herein.

  • Class A-3 Monthly Interest means (i) for the initial Distribution Date, $[ ], and (ii) for any Distribution Date thereafter, one-twelfth of the product of (A) the Class A-3 Rate and (B) the outstanding principal balance of the Class A-3 Notes as of the preceding Distribution Date (after giving effect to all payments of principal made to the Holders of the Class A-3 Notes on or before such preceding Distribution Date).

  • Class A-3 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of a 360 day year consisting of twelve 30 day months) on the Class A‑3 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑3 Rate or, in the case of the first Payment Date, on the Class A‑3 Initial Principal Balance.

  • Class A-1 Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to 2.0020%.

  • Class A-2a Notes means the [__]% Asset Backed Notes, Class A-2a, substantially in the form of Exhibit A-2 to the Indenture.

  • Class A-3 Final Scheduled Distribution Date means the Distribution Date.

  • Class A-4 Final Distribution Date means the January 2030 Distribution Date.

  • Class A-4 Monthly Interest means (i) for the initial Distribution Date, $[ ], and (ii) for any Distribution Date thereafter, one-twelfth of the product of (A) the Class A-4 Rate and (B) the outstanding principal balance of the Class A-4 Notes as of the preceding Distribution Date (after giving effect to all payments of principal made to the Holders of the Class A-4 Notes on or before such preceding Distribution Date).

  • Class A-8 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-8 and Exhibit C hereto.

  • Class A-S Pass-Through Rate For any Distribution Date, a per annum rate equal to 3.4150%.

  • Class A-3 Notes means the Class A-3 4.21% Asset Backed Notes, substantially in the form of Exhibit A-3.

  • Class A-4 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of a 360 day year consisting of twelve 30 day months) on the Class A‑4 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑4 Rate or, in the case of the first Payment Date, on the Class A‑4 Initial Principal Balance.

  • Class A-2 Pass-Through Rate For any Distribution Date, a per annum rate equal to 3.0008%.

  • Class A-AB Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-5 hereto.

  • Class A-2 Principal Distribution Amount With respect to any Distribution Date on or after the Stepdown Date and on which a Trigger Event is not in effect, the excess of (x) the sum of the Certificate Principal Balances of the Class A-2A, Class A-2B, Class A-2C and Class A-2D Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 53.40% and (ii) the aggregate Stated Principal Balance of the Group II Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Group II Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced and unscheduled collections of principal received during the related Prepayment Period) minus the product of (i) 0.50% and (ii) the aggregate principal balance of the Group II Mortgage Loans as of the Cut-off Date (which includes the aggregate principal balance of the Identified Subsequent Mortgage Loans).

  • Class A-5 Pass-Through Rate For any Distribution Date, a per annum rate equal to 3.1156%.

  • Class A-1 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of the actual number of days in such Interest Period and a year assumed to consist of 360 days) on the Class A‑1 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑1 Rate or, in the case of the first Payment Date, on the Class A‑1 Initial Principal Balance.

  • Class A-7 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-7 and Exhibit C hereto.

  • Class A-2a Noteholder means the Person in whose name a Class A-2a Note is registered in the Note Register.

  • Class A-2 Monthly Interest means, (i) for the first Distribution Date, the product of the following: one-twelfth of the Class A-2 Pass-Through Rate multiplied by the Class A-2 Certificate Balance at the Closing Date and (ii) for any subsequent Distribution Date, one-twelfth of the product of the Class A-2 Pass-Through Rate and the Class A-2 Certificate Balance as of the immediately preceding Distribution Date (after giving effect to any distribution of Monthly Principal made on such immediately preceding Distribution Date).

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Most Referenced Definitions