Common use of Disenfranchisement on Debt Purchase Transactions entered into by Sponsor Affiliates Clause in Contracts

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)

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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.)

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