Examples of Texas Capital in a sentence
In particular, in addition to communicating with Texas Capital Bank, which will likely have a large deficiency claim, the Assignee has been in frequent communication with the Bailey Group, the holder of a large unsecured claim.
Pursuant to the Final DIP Loan Order, the DIP Loan Claim is held by Texas Capital Bank, as assignee of BTS Enterprises, in accordance with the terms of that certain Collateral Assignment of Note.
Because the Assignment Estates contain no unencumbered liquid assets, the Assignee negotiated the use of cash collateral with the primary secured creditor, Texas Capital Bank, as administrative agent.
The maximum contract award amount allows for administrative costs as outlined in the Texas Capital Fund Application Guidelines.
Exit Financing Documents means those certain documents, including the credit agreement, security agreement and/or other loan documents related to or evidencing the loans, liens, collateral, and all terms, conditions, rights and obligations thereunder or in connection therewith, governing the Exit Financing, each in form and substance acceptable to the Debtors, the DIP Lender, and Texas Capital Bank, and to be dated as of the Effective Date.
Funds recaptured under the Texas Capital Fund from the withdrawal of an award are subject to the procedures described in paragraph (a) of this section.
If a community elects not to participate in the recapture of program income, the community may apply for as many Texas Capital Fund awards as it has eligible projects.
In case an Event of Default has occurred (which has not been cured or waived), the Trustee may exercise such of the rights and powers vested in it hereby, and shall use the same degree of care and skill in their exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.
Recommendations for all Texas Capital Fund applications will be made to the Commissioner of the Texas Department of Agriculture for final award.
The Texas Capital Fund Program may be used to financially assist/facilitate the relocation of a business when certain requirements, as defined in the application guidelines, are met.