Regional Finance Corp Jobs

Neighborhood banks serve companies and consumers all through the nation. Required Lenders shall imply at any time (a) Lenders whose Professional Rata Shares aggregate greater than fifty-one {f153d64db276043ce042764357210ddfef577bdfb26bf7a59b129c351e1587e0} (51{f153d64db276043ce042764357210ddfef577bdfb26bf7a59b129c351e1587e0}) as such percentage is determined beneath the definition of Pro Rata Share set forth herein; or (b) within the occasion there are only two (2) Lenders under this Agreement, each Lenders; or (c) in the occasion Financial institution of America’s Professional Rata Share exceeds fifty-one {f153d64db276043ce042764357210ddfef577bdfb26bf7a59b129c351e1587e0} (fifty one{f153d64db276043ce042764357210ddfef577bdfb26bf7a59b129c351e1587e0}), Financial institution of America plus one different Lender.

Such discover shall be irrevocable and shall specify the unique face amount of the Letter of Credit requested, the efficient date (which date shall be a Enterprise Day) of issuance of such requested Letter of Credit score, whether or not such Letter of Credit could also be drawn in a single or in partial attracts, the date on which such requested Letter of Credit is to run out (which date shall be a Enterprise Day), the purpose for which such Letter of Credit score is to be issued, and the beneficiary of the requested Letter of Credit.

Promptly after receipt of a Discover of Borrowing (or telephonic discover in lieu thereof) pursuant to subparagraph 2.2(b), …