Common use of Credit Enhancements Clause in Contracts

Credit Enhancements. Borrower and Subsidiary Guarantors shall not permit the Broker Entity to provide credit enhancements in any form (including, without limitation, in the form of guaranties, liens, cash, securities or Indebtedness) in excess of Five Million Dollars ($5,000,000) in the aggregate at any time.

Appears in 2 contracts

Sources: Loan and Security Agreement (Alesco Financial Inc), Loan and Security Agreement (Alesco Financial Inc)

Credit Enhancements. Borrower and Subsidiary Guarantors shall not permit the Broker Entity to provide credit enhancements in any form (including, without limitation, in the form of guaranties, liens, cash, securities or Indebtedness) in excess of Forty Five Million Dollars ($5,000,00045,000,000) in the aggregate at any time.”

Appears in 1 contract

Sources: Loan Agreement (COHEN & Co INC.)