Common use of Amendments to Priority Debt Sharing Confirmations Clause in Contracts

Amendments to Priority Debt Sharing Confirmations. The parties hereto acknowledge and agree that each Priority Debt Sharing Confirmation in the Indenture Documents or entered into in connection with an Indenture Document, is hereby amended to provide that the Priority Stream Obligations shall be paid in priority to the other Priority Lien Obligations in accordance with Section 3.4(a) of the Collateral Trust Agreement.

Appears in 3 contracts

Samples: First Amending Agreement (Banro Corp), Gold Purchase and Sale Agreement (Banro Corp), Gold Purchase and Sale Agreement (Banro Corp)

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Amendments to Priority Debt Sharing Confirmations. The parties hereto acknowledge and agree that each Priority Debt Sharing Confirmation in the Indenture Secured Debt Documents or entered into in connection with an Indenture a Secured Debt Document, is hereby amended to provide that the Priority Stream Obligations and the Twangiza Priority Stream Obligations shall be paid in priority to the other Priority Lien Obligations in accordance with Section 3.4(a) of the Collateral Trust this Agreement.

Appears in 1 contract

Samples: Second Amending Agreement (Banro Corp)

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Amendments to Priority Debt Sharing Confirmations. The parties hereto acknowledge and agree that each Priority Debt Sharing Confirmation in the Indenture Documents or entered into in connection with an Indenture Document, is hereby amended to provide that the Priority Stream Obligations and the Twangiza Priority Stream Obligations shall be paid in priority to the other Priority Lien Obligations in accordance with Section 3.4(a) of the Collateral Trust Agreement.

Appears in 1 contract

Samples: Second Amending Agreement (Banro Corp)

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