Danish terms. (a) The guarantee and indemnity obligations or any third party Collateral of any Danish Loan Party under any Loan Document shall be deemed not to be assumed (and any Collateral created in relation thereto shall be limited) to the extent that the same would otherwise constitute unlawful financial assistance within the meaning of §§ 206-212 of the Danish Companies Act (in Danish: selskabsloven).
Appears in 5 contracts
Samples: Credit Agreement (TENOR CAPITAL MANAGEMENT Co., L.P.), Credit Agreement (DG Capital Management, LLC), Credit Agreement (Endurant Capital Management LP)
