Examples of Return Certificate in a sentence
If the Administrative Agent disagrees with any calculations in a Return Certificate, the Administrative Agent shall have no obligations to direct the Collateral Agent to, and the Collateral Agent shall have no obligation to, return any funds to Borrower and the Administrative Agent shall notify Borrower of the disagreement, and Borrower shall be permitted to deliver a revised Return Certificate.
In case of refusal, evasion of the Lessee from signing the Acceptance and Transfer (Return) Certificate of the Leasing Subject, the Lessor shall have the right to draw up a unilateral Report on seizure of the Leasing Subject indicating the defects of the Leasing Subject discovered by him/her.
Not more than two (2) times per calendar year, unless an Event of Default has occurred and is continuing, Administrative Agent will have the right to undertake audit procedures during normal business hours to periodically confirm that the payments described in any Return Certificate as to be made by Borrower have actually been made by Borrower.
Exhibit B Form of Return Certificate....................................
Property Return Certificate Document signed by ESSALUD and OPERATING COMPANY whereby delivery is recorded in favor of ESSALUD regarding Infrastructure and Property under AGREEMENT after Termination or Completion thereof.
Any swaps or collars utilized to comply with this Section 7.15 must have a fixed price paid to the Credit Parties (for swaps) or floor price paid to the Credit Parties (for collars) that would satisfy the internal rate of return set forth in the Return Certificate.
At the time the Aircraft is accepted for return by the Lessor, the Lessor and the Lessee shall execute and deliver a Return Certificate in substantially the form attached hereto as Exhibit B, with all blanks completed.
In the absence of manifest error or a condition that the Final Inspection would not have reasonably discovered, any information set forth in the Return Certificate shall be conclusive with respect to the condition of the Aircraft at the time of its return.
The Loans shall be applied by the Credit Parties (i) to pay Permitted Expenditures and any other payments or distributions expressly permitted under the Approved Plan of Development and as further described in a Return Certificate, (ii) to pay fees, costs and expenses in connection with the Loan Documents and the transactions contemplated thereby, and (iii) for any other purposes approved by Administrative Agent and the Required Lenders in their sole discretion.
At the time of any such return the --------------- Aircraft to be returned shall be in compliance with Exhibit E hereto and the parties hereto shall execute the Return Certificate attached as Exhibit E-1 hereto.