Category: regional finance

Community banks serve companies and consumers throughout the country. I understand my fee schedule and I by no means get a mortgage with a payment that I’m not snug making. Bank Product Reserves shall mean all reserves for the Financial institution Merchandise then offered or outstanding which the Agent every so often establishes in its Permitted Discretion, or which the Agent establishes on the path of one or more Lenders if and for so long as Hypothetical Availability is 10{668284420e3c3e703f86693cee83f1c1285e9c7b8ecc41c13b37eea0ef4cf441} or much less of the Credit Facility Exposure.

Eligible Assignee shall imply (a) a industrial financial institution, commercial finance firm or different asset based lender, having total assets in extra of $1,000,000,000.00; (b) any Lender listed on the signature page of this Agreement; (c) any Affiliate of any Lender; and (d) if an Event of Default exists, any Person moderately acceptable to the Agent.

(iii) With respect to any request for Base Rate Revolving Loans, in lieu of delivering the above-described Discover of Borrowing, a Borrower might give Agent telephonic notice of such request by the required time, with such telephonic discover to be confirmed in writing inside 24 hours of the giving of such discover but Agent shall be …

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Over 275 delegates gathered in Bucharest, Romania on 4 June for The Euromoney Regional Finance and Funding Convention for South-East Europe to debate the macroeconomic outlook and the development of capital markets for the SEE economies. Instantly previous Settlement Date have been utilized to Financial institution of America’s Revolving Loans (other than to Non-Ratable Loans or Agent Advances through which such Lender has not yet funded its purchase of a participation pursuant to subparagraph 2.2(j)(ii) above), as offered for within the previous sentence, Bank of America shall pay to Agent for the accounts of the Lenders, to be applied to the excellent Revolving Loans of such Lenders, an quantity such that every Lender shall, upon receipt of such amount, have, as of such Settlement Date, its Professional Rata Share of the Revolving Loans.

Promptly after receipt of a Discover of Borrowing (or telephonic notice in lieu thereof) pursuant to subparagraph 2.2(b), Agent shall elect, in its discretion, (i) to have the phrases of subparagraph 2.2(g) apply to such requested Borrowing, or (ii) to request Bank of America to make a Non-Ratable Loan pursuant to the phrases of subparagraph 2.2(h) in the amount of the requested Borrowing; supplied, nonetheless, that if …

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Over 275 delegates gathered in Bucharest, Romania on 4 June for The Euromoney Regional Finance and Investment Conference for South-East Europe to discuss the macroeconomic outlook and the event of capital markets for the SEE economies. Debtors may prepay Revolving Loans at any time, and reborrow topic to the phrases of this Settlement; offered, however, that with respect to any LIBOR Revolving Loans prepaid by Borrowers previous to the expiration date of the Interest Interval applicable thereto, Borrowers agree to pay to Agent for the account of Lenders the quantities described in Paragraph 2.14. In addition, and with out limiting the generality of the foregoing, Borrowers shall pay to Agent, for the account of Lenders, the amount, with out duplication, by which the sum of outstanding Revolving Loans and the aggregate amount of Pending Revolving Loans exceeds the Availability with any such quantity to be payable immediately with out notice or demand.

As well as, each Lender is permitted, at such Lender’s option, to note the date and amount of every fee or prepayment of principal of such Lender’s Revolving Loans in its books and information, together with laptop records, such books and records constituting presumptive proof, absent manifest error, …

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Community banks serve businesses and customers throughout the nation. Every such cost shall be made by Agent on the Business Day on which Agent receives immediately out there funds paid to such Person pursuant to the instantly preceding sentence, if obtained prior to three:00 p.m. (New York, New York time) on such Enterprise Day and otherwise on the subsequent succeeding Business Day. Particular Goal Subsidiary means a direct or indirect Subsidiary of Regional formed for the purpose of getting into into the Securitization and performing its duties and obligations (and exercising its rights) under the Securitization Paperwork, and that isn’t used for another function or to interact in every other enterprise or activity.

I received a brand new loan from Regional Finance in Grand Prairie TX location. Agent shall imply Financial institution of America, N.A., solely in its capability as agent for the Lenders, and any successor agent. I had my receipts and canceled checks where I had made my funds, in order that they may very well be corrected. Upon the request of any Lender, Agent shall furnish to such Lender copies of any Letter of Credit, reimbursement agreements executed in connection therewith, functions for any Letter of Credit, …

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Over 275 delegates gathered in Bucharest, Romania on 4 June for The Euromoney Regional Finance and Funding Conference for South-East Europe to discuss the macroeconomic outlook and the development of capital markets for the SEE economies. If the sum of outstanding Revolving Loans and the combination quantity of Pending Revolving Loans, along with all outstanding indebtedness owing by Debtors below all excellent Letters of Credit, exceeds the Availability, Lenders might refuse to make or in any other case limit the making of Revolving Loans as Lenders determine till such extra has been eliminated, subject to the Agent’s authority, in its sole discretion, to make Agent Advances pursuant to the phrases of subparagraph 2.2(i).

(a) If any Lender determines that, because of both (i) the introduction of or any Change in Regulation after the Closing Date or (ii) the compliance by such Lender with any guideline or request from any central financial institution or different Governmental Authority (whether or not or not having the drive of law) after the Closing Date, there shall be any increase in the cost to such Lender of agreeing to make or making, funding or maintaining any LIBOR Revolving Loans, then Borrowers shall be answerable for, …

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