Examples of Loan Manager Service in a sentence
LIBOR Advances are not available for Advances made through the Loan Manager Service, and shall not be available during Default Periods.
Lender may terminate a Borrower’s access to the Loan Manager Service at any time in its discretion.
Lender will have no obligation to make a Revolving Loan through the Loan Manager Service in an amount in excess of Excess Availability or if an Event of Default has occurred and is continuing or any of the other conditions set forth in Section 3.2 are not satisfied.
All borrowing requests which are not made on-line via Lender’s electronic platform or portal or pursuant to the Loan Manager Service shall be subject to (and unless Lender elects otherwise in its discretion, such Revolving Loans shall not be made until the completion of) Lxxxxx’s authentication process (with results satisfactory to Lender) prior to the funding of any such requested Revolving Loan.
Lender will have no obligation to make a Revolving Loan through the Loan Manager Service in an amount in excess of Excess Availability or if an Event of Default exists or any of the other conditions set forth in Section 3.2 are not satisfied.
If Lxxxxx terminates a Borrower’s access to the Loan Manager Service, each Borrower may continue to request Revolving Loans as provided herein so long as no Event of Default has occurred and is continuing.
If Xxxxxx terminates a Borrower’s access to the Loan Manager Service, each Borrower may continue to request Revolving Loans as provided herein so long as no Event of Default exists.
Fixed Rate Advances are not available for Advances made through the Loan Manager Service, and shall not be available during Default Periods.
The Master Agreement for Treasury Management Services, the Acceptance of Services, and the related Service Description for each deposit or treasury management related product or service that Company will subscribe to, including without limitation the Loan Manager Service Description and the Lockbox and Collection Account Service Description.
Upon approval by the Lender, Revolving (but not Term Loan) Advances may be made through the Loan Manager and will be initiated by the Lender and credited to the Account, as that term is defined in the Loan Manager Service Description, as Floating Rate Advances as of the end of each Business Day in an amount equal to the Loan Manager Advance Amount, as that term is defined in the Loan Manager Service Description, subject to Availability.