Examples of Line Letter in a sentence
Letter of IntentSubject Line: Letter of Intent: CDPH-NEOPB SNAP-Ed Funding Application FFY 2020-2022 Attention: Melissa RellesEmail: NEOPBfiscalrequest@cdph.ca.gov B.
Bank may apply any such net proceeds in such order or preference as Bank may determine, except that any proceeds derived from the liquidation of the Collateral shall be applied first by Bank to the payment of any obligations of such Pledgor due to Bank pursuant to the Line Letter and the Note and then to any other Debt of such Pledgor which is outstanding and unpaid.
The Guarantor will not cease to own (directly or ------------------- indirectly), free and clear of all liens and encumbrances, the interest in the Borrower or any other Loan Party (as defined in the Line Letter) which it presently owns (if any) and will not agree to sell or subject to any lien, encumbrance or any other security device such interest at any future time, until the Loan Documents are terminated and all Guaranteed Obligations and all obligations of the Guarantor hereunder are paid in full.
Any capitalized terms used herein and not otherwise defined shall have the meaning used in the Credit Line Letter.
Id. Three of the letter agreements, the Center Line Letter Agreement, the Hose-McCann Letter Agreement, and the Anixter Letter Agreement, provide only that the amounts paid to the subcontractors pursuant to those agreements would be appliedto the balance owed by Trico to Bender, Inc; they do not contain any provision concerning excess amounts paid.