Warehouse Agreements definition
Examples of Warehouse Agreements in a sentence
Concurrently with the execution and delivery of such new lease, Landlord shall assign to the tenant named therein all of its right, title and interest in and to moneys received from any Subleases and Warehouse Agreements that have not been applied to Rent and have not been applied or being held for application to the costs incurred by Landlord to operate, maintain and repair the Leased Property.
Any lease, sublease, license agreement or occupancy agreement entered into by Tenant affecting all or any portion of the Leased Property, provided that Warehouse Agreements shall not be included within the definition of Subleases.
No procedures that could reasonably be expected to be adverse to the interests of the Secured Parties were utilized by the Borrower in identifying and/or selecting Receivables when compared to similar contracts owned by the Originator or any Subsidiary thereof in connection with Other Warehouse Agreements (if any) designed to fund the acquisition of assets similar to the Receivables, in each case taking into consideration the applicable eligibility criteria and concentration limits.
All of the aforementioned policies and arrangements, and to LPB’s knowledge, all policies and arrangements relating to Warehouse Agreements which are required to be maintained by third parties, are in full force and effect and all premiums due thereon have been paid when due.
Sellers shall at all times comply with the terms of the Warehouse Agreements and shall not do anything which would cause Sellers’ rights thereunder to terminate or give rise to a default or a breach thereunder.