LM Finance definition
Examples of LM Finance in a sentence
LM Finance is also releasing Borrower from all Obligations (as defined in the Existing Agreement and such release herein the "Release").
The foregoing purchases will be consummated in accordance with an Assignment and Acceptance (as defined in the Existing Agreement) between each Bank and LM Finance (the transactions consummated pursuant to this paragraph are referred to herein as the "Purchases").
In consideration for the Transfers, Newco is issuing 100% of its capital stock to the Borrower and assuming all the outstanding Loans under the Existing Agreement acquired in the Purchases and held by LM Finance (the portion of the Loans assumed by Newco, herein the "Newco Loan"), which Newco Loan is in the amount of Seventy Million Dollars ($70,000,000) and will be guaranteed by the Borrower and by Specialized Card Services, Inc., a Subsidiary (the "Assumption").