Examples of Initial Servicers in a sentence
Performance Guarantor hereby guarantees to Recipient, the full and punctual payment and performance by Originator and the Initial Servicers of their respective Guaranteed Obligations.
Performance Guarantor warrants that it has adequate means to obtain from Originator and each of the Initial Servicers, on a continuing basis, information concerning the financial condition of such Person, and that it is not relying on Recipient to provide such information, now or in the future.
Performance Guarantor waives notice of acceptance of this Undertaking, notice of any action taken or omitted by Recipient (or its assigns) in reliance on this Undertaking, and any requirement that Recipient (or its assigns) be diligent or prompt in making demands under this Undertaking, giving notice of any Termination Event, Amortization Event, other default or omission by Originator or either of the Initial Servicers or asserting any other rights of Recipient under this Undertaking.
This Performance Undertaking shall survive the insolvency of Originator or either of the Initial Servicers and the commencement of any case or proceeding by or against Originator or either of the Initial Servicers under the federal bankruptcy code or other federal, state or other applicable bankruptcy, insolvency or reorganization statutes.
In addition, the study indicates that a varying number of general purpose highway lanes would most efficiently address the future travel demand.
As of the date hereof, the information describing the Seller in “The Sponsors, Sellers, Initial Servicers and Depositors” section of the prospectus dated June 12, 2013 offering the Bonds, the bonds issued by CEI Funding LLC and TE Funding LLC and the Certificates is correct in all material respects.
As of the date hereof, the information describing the Seller in “The Sponsors, Sellers, Initial Servicers and Depositors” section of the prospectus dated June 12, 2013 offering the Bonds, the bonds issued by CEI Funding LLC and OE Funding LLC and the Certificates is correct in all material respects.
Strip in the vertical flange of the scupper with base ply membrane in the same manner as the base flashing is applied.
Upon demand of the Administrative Agent at the direction of the Agents, either the Seller or the Initial Servicers shall establish a segregated account at Wachovia which is subject to a perfected security interest in favor of the Administrative Agent, for the benefit of the Secured Parties (the “Collection Account”), into which all deposits from time to time in Lock-Box Accounts, and all other Collections, are concentrated pending application in accordance with the terms of this Agreement.
Amend Tax Amnesty LawRepeal provisions of the 2017 tax amnesty law that prescribes forgiveness of outstanding tax obligations.