Tag: eastern

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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