To Lender Clause Examples for Any Agreement
The "To Lender" clause designates specific rights, obligations, or information that must be provided to the lender under an agreement. Typically, this clause outlines what the borrower or other parties must deliver, disclose, or perform for the benefit of the lender, such as providing financial statements, notices, or payments. Its core practical function is to ensure that the lender receives necessary information or actions to monitor, enforce, or protect their interests in the transaction.
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To Lender.ÌýUnless and until Lender notifies Borrower in writing to the contrary, all written notices to Lender from Borrower will be sent to U.S. Bank National Association ND, 000 Xxxxxxxx Xxxx, Xxxxxxxxxxx, XX 00000, attention: Treasurer, with a copy to Lender’s Agent at the following address: U.S. Bank National Association, 000 X. Xxxxxxxx Xxxxxx, Xxxxxxxxx, XX 00000, attention: Xxx X.
To Lender.ÌýNothing herein contained shall be construed to obligate Lender to discharge or perform the duties of a lessor to any tenant or to impose liability upon Lender as the result of any exercise by Lender of its rights under this Deed, and Lender shall be liable to account only for the Rents, incomes and profits actually received by Lender.
To Lender.ÌýFor Line of Credit in the amount of $l,800,000.00.
To Lender.ÌýLegendary A-1 Bonds, LLC c/o Legendary Capital Attn: General Counsel 0000 00xx Xxxxxx Xxxxx, Xxxxx 000 Xxxxx, Xxxxx Xxxxxx 00000 Email: [email protected] â€� With a copy to: â€� Xxxxx & Xxxxxxx LLP Attn: Xxxxxxx X. Xxxxx, XX 0000 XxXxxxxx Xxx., Suite 1600 Dallas, Texas 75201 Email: [email protected] â€� To Borrower: LF3 RIFC, LLC LF3 RIFC TRS, LLC Attn: Xxxx Xxxx 0000 00xx Xxxxxx Xxxxx, Xxxxx 000 Xxxxx, Xxxxx Xxxxxx 00000 Email: [email protected] â€� With a copy to: â€� durellaw PLC Attn: Xxxx X. Xxxxx 000 Xxxxxx XX, Suite B Grand Rapids, MI 49506 Email: [email protected]
To Lender.ÌýPrior to each Advance, including the Initial Advance, Lender shall have received all documents, instruments, and information identified on Exhibit "E" hereto. Requests for Advances shall be made in writing at least five (5) business days prior to the requested date of disbursement and shall be in the form of Exhibit "F" hereto. Borrower shall ensure that all actions to be taken after each Advance as set forth in the Request for Advance or elsewhere in this Agreement are taken in compliance with this Agreement.
To Lender.ÌýA carbon, photographic, photocopy or other reproduction of a security agreement or financing statement shall be sufficient as a financing statement.
(b) In the event of Default, Grantor shall provide Lender from time to time within five working days of the written request of Lender with: (i) written statements or schedules identifying and describing the Collateral, and all additions, substitutions, and replacements thereof and thereto; (ii) copies of customers' invoices or billing statements; (iii) evidence of shipment or delivery of goods or merchandise to or performance of services for customers; (iv) a listing and aging report for the Accounts; (v) proof of the sale or lease of goods or satisfactory performance of services which gave rise to the Accounts; and (vi) such other schedules and information as Lender reasonably may require. The items to be provided under this Section shall be in form satisfactory to Lender, in such detail as Lender may require and are to be executed and delivered to the Lender from time to time solely for Lender's convenience in maintaining Records of the Grantor's Collateral. The Grantor's failure to give any of such items to Lender shall not affect, terminate, modify or otherwise limit Lender's security interest in the Collateral.
(c) Upon reasonable advance notice, Grantor shall allow Lender access to the Grantor's places of business during normal business hours at intervals to be determined by Lender, before or after a Default, and without hindrance or delay, to audit, inspect, verify, check and make extracts or photocopies from the Records of the Grantor and other data relating to the Collateral.
(d) The Grantor shall pay or reimburse Lender for all expenses of any nature which may be reasonably necessary, before or after Default hereunder, for the enforcement or preservation of Lender's rights under this Agreement or under the Loan Documents, including but not limited to reasonable attorneys' fees, appellate costs and fees, and costs incurred by Lender as a participant in any bankruptcy proceeding, workout, debt restructuring, extension of maturity or document amendment, involving the Grantor under the Loan Documents.
To Lender.ÌýNotices to Lender shall be directed to: STERLING FINANCIAL SERVICES CO. 000 Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000
To Lender.ÌýIn the event Lender shall sustain or incur any loss or reasonable expenses as a result of failure by a Borrower to borrow any Revolving Facility Advance after having given notice of a request for such Revolving Facility Advance under paragraph 2C.4 (whether by reason of election not to proceed with such Advance or failure of satisfaction of any conditions required by Article IV), Borrowers jointly and severally agree to pay to Lender, upon demand, an amount sufficient to compensate Lender for any such losses and expenses, including, without limitation, Consequential Loss, if any. At the request of Borrowers, Lender shall provide a certificate itemizing such loss and expenses.
To Lender.Ìý(i) Subject to the provisions of Section 12.14 concerning the Highest Lawful Rate, on each Interest Payment Date, the Borrower shall pay interest on all amounts disbursed and outstanding from time to time under the Credit, calculated at an interest rate per annum equal to the sum of (x) 0.25% per annum, and (y) LIBOR for the applicable Interest Period(s), or any other interest rate in effect for such amounts.
(ii) If all or any part of principal, accrued interest, fees or other amounts owing to the Lender under this Agreement or any Note is not paid in full when due, whether at stated maturity, by acceleration or otherwise, the Borrower shall pay to the Lender on demand interest on the unpaid amount (to the extent permitted by applicable law) for the period from the date such amount was due until such amount shall have been paid in full at an interest rate per annum equal to (x) 1% per annum above the interest rate then applicable under Section 5.02(a)(i) until the end of the then current Interest Period, and (y) thereafter 1% per annum above the Alternate Rate.
To Lender.ÌýLegendary A-1 Bonds, LLC c/o Legendary Capital Attn: General Counsel 0000 00xx Xxxxxx Xxxxx, Xxxxx 000 Fargo, North Dakota 58103 â€� With a copy to: â€� Xxxxx & Xxxxxxx LLP Attn: Xxxxxxx X. Xxxxx, XX 2021 XxXxxxxx Ave., Suite 1600 â€� â€� â€� LOAN AGREEMENT, PAGE 29 â€� Xxxxxx, Xxxxx 00000 â€� To Borrower: LF3 El Paso Airport, LLC LF3 El Paso Airport TRS, LLC Attn: Xxxxx Xxxxxx 0000 00xx Xxxxxx Xxxxx, Xxxxx 000 Fargo, North Dakota 58103 â€� With a copy to: â€� Xxxxx Xxxxxx, CIO 000 Xxxxxx XX SE Grand Rapids, MI 49506 â€�