Disenfranchisement on Debt Purchase Transactions entered into by Sponsor Affiliates. For so long as a Sponsor Affiliate (i) beneficially owns a Commitment or (ii) has entered into a sub-participation agreement relating to a Commitment or other agreement or arrangement having a substantially similar economic effect and such agreement or arrangement has not been terminated:
Appears in 3 contracts
Samples: Senior Facilities Agreement (Luxfer Holdings PLC), Amendment and Restatement Agreement (Sunrise Senior Living Inc), Senior Facilities Agreement (Luxfer Holdings PLC)
Disenfranchisement on Debt Purchase Transactions entered into by Sponsor Affiliates. (a) For so long as a Sponsor Affiliate (i) beneficially owns a Commitment or (ii) has entered into a sub-participation agreement relating to a Commitment or other agreement or arrangement having a substantially similar economic effect and such agreement or arrangement has not been terminated:
Appears in 1 contract
Samples: Facility Agreement (Cascal N.V.)