Company’s Obligations Absolute Sample Clauses

Company’s Obligations Absolute. Nothing contained in this Agreement shall impair, as between the Company and any Subordinated Creditor, the obligation of the Company to pay to such Subordinated Creditor all amounts payable in respect of its Subordinated Debt as and when the same shall become due and payable in accordance with the terms thereof, or prevent such Subordinated Creditor (except as expressly otherwise provided in Section 3 or Section 6) from exercising all rights, powers and remedies otherwise permitted by its Subordinated Documents and by applicable law upon a default in the payment of its Subordinated Debt or under its Subordinated Documents, all, however, subject to the rights of the Senior Creditors as set forth in this Agreement.
AutoNDA by SimpleDocs
Company’s Obligations Absolute a. The Company's obligations to pay Standby Letter of Credit Disbursements to the Agent shall be absolute, unconditional and irrevocable under any and all circumstances and irrespective of:
Company’s Obligations Absolute. The provisions of this paragraph are intended solely for the purpose of defining the relative rights with respect to Proceeds of the Seller, on the one hand, and the Holders, on the other hand. Nothing contained in these provisions or elsewhere in this Seller Note is intended to or shall impair, as between the Company, its creditors (other than the Trustee) and the Seller, the Company's obligation, which is unconditional and absolute, to pay the Seller Subordinated Debt as and when the same shall become due and payable in accordance with the terms hereof and of the Receivables Sale Agreement or to affect the relative rights of the Seller and creditors of the Company (other than the Certificateholders); provided that any payments made by the Company pursuant to this subsection shall be made solely from funds available to the Company which are not otherwise needed to be applied to the payment of any amounts by the Company pursuant to any Pooling and Servicing Agreements, and the Seller shall make no claim against the Company for payment in contravention of this proviso.
Company’s Obligations Absolute. Nothing contained in this Agreement shall impair, as between the Company and the Junior Creditors, the obligation and right of the Company to pay to the Junior Creditors all amounts payable in respect of the Subordinated Debt as and when the same shall become due and payable in accordance with the terms thereof, or prevent the Junior Creditors (except as expressly otherwise provided in Section 2, Section 3 or Section 6) from exercising all rights, powers and remedies otherwise permitted by the Subordinated Debt Documents and by applicable law upon a default in the payment of the Subordinated Debt or under any Subordinated Debt Document as permitted herein. To the extent that any payment received by Junior Creditors with respect to the Subordinated Debt must be paid to the Senior Creditors hereunder, as between the Company and such Junior Creditors such payment shall be deemed a payment of Senior Debt and not Subordinated Debt.
Company’s Obligations Absolute. By countersigning this Agreement, the Company acknowledges and consents to and agrees to perform and be bound by each provision of this Agreement which expressly recites that the Company is agreeing thereto by countersigning this Agreement. Nothing contained in this Agreement shall impair, as between the Company and any of the Purchasers, the obligation of the Company to pay to such Purchaser all amounts payable in respect of the Subordinated Debt as and when the same shall become due and payable in accordance with the terms thereof, or prevent such Purchaser (except as expressly otherwise provided in this Agreement) from exercising all rights, powers and remedies otherwise permitted by the Subordinated Documents and by applicable law upon a default in the payment of the Subordinated Debt or under any Subordinated Document, all, however, subject to the rights of the Administrative Agent and the Lenders as set forth in this Agreement.
Company’s Obligations Absolute. The obligation of the Company to reimburse the Issuer and the Lenders for each Drawing under a Letter of Credit shall be irrevocable, shall not be subject to any qualification or exception whatsoever and shall be binding in accordance with the terms and conditions of this Agreement under all circumstances, including, without limitation, the following circumstances:
Company’s Obligations Absolute. The obligations of the Company under this Guarantee shall be primary, absolute, irrevocable and unconditional, irrespective of the genuineness, validity, regularity or enforceability of the Guaranteed Obligations or of the Credit Agreement, shall not be subject to any counterclaim, setoff, deduction or defence based upon any claim the Company may have against the Borrower or the Lender or otherwise, and this Guarantee and the obligations of the Company hereunder shall remain in full force and effect without regard to, and shall not be released, discharged, impaired or in any way affected by, any circumstance or condition whatsoever, including:
AutoNDA by SimpleDocs
Company’s Obligations Absolute. Nothing contained herein shall impair, as between the Company and Trident, the obligation of the Company to pay to Trident all amounts payable in respect of Trident Debt as and when the same shall become due and payable in accordance with the terms thereof, or prevent Trident from exercising all rights, powers and remedies otherwise permitted by applicable law or upon an event of default with respect to Trident Debt.
Company’s Obligations Absolute. The liability of the Company under this Agreement shall remain in full force and effect without regard to, and shall not be released, suspended, discharged, terminated or otherwise affected by (i) any change in the time, place or manner of payment of all or any of the payment obligations or in any other term of the Notes, any waiver, indulgence, renewal, extension, amendment or modification of or addition, consent or supplement to or deletion from or any other action or inaction under or in respect of the Notes or any assignment or transfer thereof; (ii) any lack of validity or enforceability, in whole or in part, of the Notes; (iii) any furnishing of any additional security for the Notes or any acceptance thereof or any release or non-perfection of any security interests in property of a Person other than the Company; (iv) any limitation on any party's liability or obligations under the Notes; (v) any bankruptcy, insolvency, reorganization, composition, adjustment, dissolution, liquidation or other like proceeding relating to the Company, or any action taken with respect to this Agreement by any trustee or receiver, or by any court, in any such proceeding, whether or not the Company shall have notice or knowledge of any of the foregoing; or (vi) any other circumstance that might otherwise constitute a defense available to, or a discharge of, the Company. This Agreement shall continue to be effective or be reinstated, as the case may be, if at any time any payment of the Notes is rescinded or must otherwise be returned upon the insolvency, bankruptcy or reorganization of the Company, all as though such payment had not been made.

Related to Company’s Obligations Absolute

  • Company’s Obligation Each RSU represents the right to receive a Share on the vesting date. Unless and until the RSUs vest, the Employee will have no right to receive Shares under such RSUs. Prior to actual distribution of Shares pursuant to any vested RSUs, such RSUs will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company.

  • Company’s Obligations The Company shall provide Executive with any and all necessary or appropriate current financial information and access to current information and records regarding all material transactions involving the Company, including but not limited to acquisition of assets, personnel contracts, dispositions of assets, service agreements and registration statements or other state or federal filings or disclosures, reasonably necessary for Executive to carry out Executive's duties and responsibilities hereunder. In addition, the Company agrees to provide Executive, as a condition to Executive's services hereunder, such staff, equipment and office space as is reasonably necessary for Executive to perform Executive's duties hereunder.

  • The Company’s Obligations The Company shall provide Employee with any and all necessary or appropriate current financial information and access to current information and records regarding all material transactions involving the Company and/or its subsidiaries and/or affiliates, including but not limited to acquisition of assets, personnel contracts, dispositions of assets, service agreements and registration statements or other state or federal filings or disclosures to carry out his duties and responsibilities hereunder. In addition, the Company agrees to provide Employee, as a condition to his services hereunder, such staff, equipment and office space as is reasonably necessary for Employee to perform his duties hereunder.

  • Termination of Company's Obligations This Indenture will be discharged, and will cease to be of further effect as to all Notes issued under this Indenture, when:

  • Conditions to the Company’s Obligation 3.2.2.1 With respect to a given Purchaser, the obligation of the Company to consummate the sale of the Subordinated Notes and to effect the Closing is subject to delivery by or at the direction of such Purchaser to the Company of this Agreement, duly authorized and executed by such Purchaser.

  • Conditions to the Company’s Obligations The Company’s obligation to issue and sell the Units to the Investor shall be subject to: (i) the receipt by the Company of the purchase price for the Units being purchased hereunder as set forth on the Signature Page and (ii) the accuracy of the representations and warranties made by the Investor and the fulfillment of those undertakings of the Investor to be fulfilled prior to the Closing Date.

  • CONDITIONS TO COMPANY’S OBLIGATIONS HEREUNDER The obligations of the Company to the Investor hereunder are subject to the satisfaction of each of the following conditions, provided that these conditions are for the Company’s sole benefit and may be waived by the Company at any time in its sole discretion by providing the Investor with prior written notice thereof:

  • Conditions to Company’s Obligations The obligations of the Company hereunder are subject to the following conditions:

  • Conditions of Company's Obligations The obligations of the Company to sell and deliver the Bonds are subject to the following conditions:

  • Conditions of the Company’s Obligations The obligations of the Company to the Purchaser under this Agreement are subject to the fulfillment, on or before each Closing Date, of each of the following conditions:

Time is Money Join Law Insider Premium to draft better contracts faster.