6 Miss. Code. R. 1-14.15

Current through December 10, 2024

Rule 6-1-14.15 - Reimbursement Agreement Prerequisite

As a prerequisite to the LOC Agreement, the Borrower may be required to provide the Financial Institution the following:

A. Certain positive and/or negative financial covenants;

B. Grant liens or security interests in assets of the Borrower or its affiliates or stockholders;

C. Personal and/or corporate guarantees; and

D. Such other assurances as may be mutually agreed upon.

6 Miss. Code. R. 1-14.15

Miss. Code Ann. § 57-71-1 et. seq. (Rev. 2008)