INTRODUCTORY STATEMENTS Sample Clauses
The Introductory Statements clause serves to set the context and background for the agreement, identifying the parties involved and outlining the purpose of the contract. Typically, this section lists the names and addresses of the parties, the date of the agreement, and a brief description of the transaction or relationship being established. By clearly stating these foundational details, the clause ensures that all parties are properly identified and that the intent of the agreement is understood from the outset, reducing the risk of confusion or disputes later on.
INTRODUCTORY STATEMENTS. The Seller is the owner of the Receivables. The Seller proposes to sell to the Trust all of its right, title and interest in and to the Receivables and certain other property pursuant to the Sale and Servicing Agreement. The Trust will issue Notes pursuant to the Indenture.
INTRODUCTORY STATEMENTS. All capitalized terms not otherwise defined in this Agreement are used herein as defined in the Credit Agreement. The Borrower has requested that the Lenders agree to amend certain provisions of the Credit Agreement as hereinafter set forth. Subject to the terms and conditions hereof, the Lenders signatory to this Agreement are willing to agree to such amendments, but only upon the terms and conditions set forth herein. In consideration of the mutual agreements contained herein and other good and valuable consideration the receipt of which is hereby acknowledged, the parties hereto hereby agree as follows:
INTRODUCTORY STATEMENTS. 1.1 The northern cities, villages and townships of Oakland COUNTY are committed to protection of the natural environment and preventing toxic materials from entering their waterways and landfill resources.
1.2 In order to accomplish this goal, there is a need to provide regular and easily accessible household hazardous waste collection services to north Oakland COUNTY residents.
1.3 These northern cities, villages and townships have sought the COUNTY’S assistance in coordinating a household hazardous waste collection program.
1.4 The COUNTY has agreed to assist these communities by coordinating and facilitating this AGREEMENT in order to form a comprehensive household hazardous waste management program.
1.5 This interlocal AGREEMENT will allow participating communities to obtain economic benefits of scale, without placing an undue burden on any one community, in the provision of a coordinated program of household hazardous waste collection and disposal. Residents of these communities will enjoy access to a coordinated, convenient, ongoing collection program supported by an aggressive educational program regarding the hazards of household hazardous wastes and their proper re-use and disposal.
INTRODUCTORY STATEMENTS. Reference is made to the Credit Agreement, dated as of May 5, 2000, (as amended to date, the "Credit Agreement"), by and among the Borrower, the Lenders listed on the signature pages hereof (collectively, the "Lenders") and the Agent. Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to such terms in the Credit Agreement.
INTRODUCTORY STATEMENTS. Pursuant to that certain Amended and Restated Credit Agreement, dated as of May 7, 1999 (as amended, supplemented or otherwise modified or restated from time to time, the “Pre-Filing Credit Agreement”), among Microcell Connexions Inc. and Microcell Solutions Inc. (collectively, the “Pre-Filing Borrowers”), Microcell Telecommunications Inc. (the “Pre-Filing Parent”), the lenders from time to time party thereto (collectively, the “Pre-Filing Lenders”), J.▇. ▇▇▇▇▇▇ Bank Canada, as administrative agent and collateral agent for the Pre-Filing Lenders, and National Bank of Canada, as letter of credit issuing bank, the Pre-Filing Lenders made loans and advances to, issued letters of credit for and/or provided other financial accommodations to, or on behalf of, the Pre-Filing Borrowers (collectively, the “Pre-Filing Loans”);
INTRODUCTORY STATEMENTS. Funding Trust proposes to acquire the Receivables from the Company and simultaneously to sell to the Trust all of its right, title and interest in and to the Receivables and certain other property pursuant to the Sale and Servicing Agreement. The Trust will issue the Certificate pursuant to the Trust Agreement and Notes pursuant to the Indenture. Each Note will be secured by the Collateral. The Trust has requested that Financial Security issue a financial guaranty insurance policy guarantying certain distributions of interest and principal on the Notes on each Insured Distribution Date (including any such distributions subsequently avoided as a preference under applicable bankruptcy law) upon the terms, and subject to the conditions, provided herein. The parties hereto desire to specify the conditions precedent to the issuance of the Policy by Financial Security, the payment of premium in respect of the Policy, the indemnity and reimbursement to be provided to Financial Security in respect of amounts paid by Financial Security under the Policy or otherwise and certain other matters. In consideration of the premises and of the agreements herein contained, Financial Security, the Trust, the Company, Funding Trust and AmeriCredit hereby agree as follows:
INTRODUCTORY STATEMENTS. Sellers are engaged in the business of designing, manufacturing and selling draglines and power shovels for surface mining along with components and spare parts therefor, as well as spare parts for previously manufactured drills (such business being herein referred to as the "Business").
INTRODUCTORY STATEMENTS. Goal Capital Funding, LLC, a Delaware limited liability company (the “Depositor”), and Goal Capital Funding Trust 2007-1, a Delaware statutory trust (the “Trust”), have previously filed a registration statement with the Securities and Exchange Commission (the “Commission”) relating to the issuance and sale from time to time of student loan asset-backed notes. Goal Financial, LLC, a California limited liability company (“Goal Financial”), owns 100% of the membership interest in the Depositor. The Depositor proposes to cause the Trust to issue and sell to Banc of America Securities LLC, Deutsche Bank Securities Inc., Barclays Capital Inc., and ▇.▇. ▇▇▇▇▇▇ Securities Inc. (each, an “Underwriter” and collectively, the “Underwriters”), $237,000,000 principal amount of its Student Loan Asset-Backed Notes, Class A-1, $155,000,000 principal amount of its Student Loan Asset-Backed Notes, Class A-2, $279,000,000 principal amount of its Student Loan Asset-Backed Notes, Class A-3, $331,000,000 principal amount of its Student Loan Asset-Backed Notes, Class A-4, and $118,000,000 principal amount of its Student Loan Asset-Backed Notes, Class A-5, (collectively, the “Class A Notes”), $45,000,000 principal amount of its Student Loan Asset-Backed Notes, Class B-1 (the “Class B-1 Notes”) and $35,000,000 principal amount of its Student Loan Asset-Backed Notes, Series 2007-1, Class C-1 (the “Class C-1 Notes” and, together with the Class A Notes and the Class B Notes, the “Series 2007-1 Notes”), as set forth in Schedule II hereto. The Series 2007-1 Notes will be issued, pursuant to the terms and provisions of an Indenture of Trust, dated as of June 7, 2007 (the “Indenture”), between the Trust and The Bank of New York Trust Company, N.A., as indenture trustee (in such capacity, the “Indenture Trustee”) and as eligible lender trustee (in such capacity, the “Eligible Lender Trustee”). The Class A Notes and any other Class A Obligations (as defined in the Indenture) issued pursuant to the Indenture will be secured on a superior basis to the Class B Notes and the Class C Notes and any other Class B Obligations or Class C Obligations (each as defined in the Indenture) issued pursuant to the Indenture. The Class B Notes and any other Class B Obligations issued pursuant to the Indenture will be secured on a superior basis to the Class C Notes and any other Class C Obligations. Each Class of the Class A Notes and the Class C-1 Notes constitute LIBOR Rate Notes (as defined in the Indentu...
INTRODUCTORY STATEMENTS. Borrower, Agent, and certain financial institutions (collectively, the “Original Lenders”) are parties to the Amended and Restated Credit Agreement, dated as of March 29, 2004 (as amended or otherwise modified prior to the date hereof, the “Original Credit Agreement”), and the parties thereto wish to make certain modifications thereto.
INTRODUCTORY STATEMENTS. Pursuant to a Pooling and Servicing Agreement, dated as of December 1, 1997, made by and among the Depositor as depositor, the Seller as seller, the Company as master servicer and Bankers Trust Company of California, N.A., as trustee (the "Trustee"), $114,425,000 ▇▇▇▇▇▇ ABS Corporation, United PanAm Mortgage Loan Asset Backed Certificates, Series 1997-1, Class A (the "Securities") are being issued. ---------- The Company has requested that FSA issue a financial guaranty insurance policy guarantying certain distributions of the principal of and interest on the Securities (including any such distributions subsequently avoided as a preference under applicable bankruptcy law) upon the terms and subject to the conditions provided herein. The parties hereto desire to specify the conditions precedent to the issuance of the Policy by FSA, the payment of premium in respect of the Policy, the indemnity and reimbursement to be provided to FSA in respect of amounts paid by FSA under the Policy or otherwise and certain other matters. In consideration of the premises and of the agreements herein contained, FSA, the Depositor, the Seller and the Company hereby agree as follows: