Examples of Group B Obligor in a sentence
Group A Obligor, 20%, (ii) Group B Obligor, 15%, (iii) Group C Obligor, 10% and (iv) Group D Obligor, 7% and (b) for The Boeing Company (the “ Special Obligor”), 20% (the “Special Concentration Limit”); provided, however, that the Administrative Agent may, in its sole discretion, approve higher “Concentration Percentages” for selected Obligors; provided, further, that the Administrative Agent may, upon not less than ten (10) Business Days’ notice to Seller, cancel or reduce the Special Concentration Limit.
Xxx-Xxxx Power Corporation shall be deemed to be a “Special Group B Obligor” hereunder for so long as (i) Xxx-Xxxx Power Corporation enters into each Contract relating to Pool Receivable on a joint and several basis with Formosa Petrochemical Corporation and (ii) Formosa Petrochemical Corporation maintains the rating of a Group B Obligor.