Lending Formulas definition

Lending Formulas means the percentages set forth in Section 3.1 hereof, subject to the limits set forth therein, with respect to Eligible Accounts and Eligible Inventory.
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Lending Formulas means, collectively, the Operating Leases Lending Formula, the Capital Leases Lending Formula, the Finished Goods Inventory Lending Formula, the Long Term Receivables Lending Formula and the Real Property Lending Formula."
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Lending Formulas means the percentages set forth in Section 3.1 hereof with respect to Eligible Accounts and Eligible Inventory.
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Examples of Lending Formulas in a sentence

  • In determining whether to reduce any of the Lending Formulas, Lender may consider events, conditions, contingencies or risks which are also considered in determining Eligible Accounts, Eligible Inventory or in establishing reserves as provided in Section 2.4. Borrowers may from time to time borrow, repay and reborrow Loans made to it in accordance with the terms hereof.

  • In determining whether to reduce any of the Lending Formulas, Agent may consider events, conditions, contingencies or risks which are also considered in determining Eligible Accounts, Eligible Inventory or in establishing reserves as provided in Section 3.5 hereof.

  • Lender hereby agrees not to change the Lending Formulas in effect under the Loan Agreement as of the effective date hereof for a period of sixty (60) days from the effective date hereof, provided, that, no Draw Event (as such term is defined in the Junior Participation Agreement) has occurred.

  • In determining whether to reduce any of the Lending Formulas, Agent may consider events, conditions, contingencies or risks which are also considered in determining Eligible Accounts, Eligible Inventory or in establishing reserves as provided in Section 3.3. Borrower may from time to time borrow, repay and reborrow Loans in accordance with the terms hereof.

  • In determining whether to reduce or otherwise revise the Lending Formulas, Lender may consider events, conditions, contingencies or risks which are also considered in determining Eligible Operating Leases or Eligible Capital Leases or in establishing Availability Reserves.


More Definitions of Lending Formulas

Lending Formulas means the percentages with respect to Eligible Accounts and Eligible Inventory set forth in the definition of the term Borrowing Base contained herein.
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Lending Formulas means, collectively, the Eligible Accounts Lending Formula, the Operating Leases Lending Formula, the Capital Leases Lending Formula, the Finished Goods Inventory Lending Formula, the Long Term Receivables Contract Lending Formula and the Real Property Lending Formula.
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Lending Formulas means, collectively, the Operating Leases Lending Formula and the Capital Leases Lending Formula.
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Lending Formulas means the lending formulas set forth in Sections 2.1(a)(i) and (ii) and Section 2.2 of the Loan Agreement, without giving effect to this Amendment and the Supplemental Credit Facility, as the same now exist or may hereafter be adjusted by Lender pursuant to the Loan Agreement. (xi) " R & R" shall mean R & R Vista, a general partnership organized under the laws of the state of Oregon, and its successors and assigns. (xii) "Standby Letter of Credit" shall mean the Irrevocable Standby Letter of Credit, dated of even date herewith, issued by ▇▇▇▇▇ Fargo Bank for the account of R & R and for the benefit of Lender in the original face amount of $10,000,000.
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Related to Lending Formulas

  • Combination Products means COBI Combination Products, EVG Combination Products, TDF Combination Products, TAF Combination Products and Quad Product.

  • Therapeutically equivalent drug products means drug products that contain the same active ingredients and are identical in strength or concentration, dosage form, and route of administration and that are classified as being therapeutically equivalent by the U.S. Food and Drug Administration pursuant to the definition of "therapeutically equivalent drug products" set forth in the most recent edition of the Approved Drug Products with Therapeutic Equivalence Evaluations, otherwise known as the "Orange Book."

  • Corresponding Component As identified in the Preliminary Statement with respect to any Class of Non-Vertically Retained Principal Balance Certificates or Lower-Tier Regular Interest.

  • New Products means any product which is not an Enhanced Product or 2 Existing Product but which is substantially similar to an Existing Product with respect to design and function and possesses reasonable performance improvements. If Company desires to purchase an Enhanced or New Product(s) from Supplier, Company shall so notify Supplier and provide Supplier the opportunity to manufacture such Enhanced or New Product(s), subject to the following conditions and procedures.

  • Bearing components means the bearing element, retainer, inner race, or outer race.