No Expenditure of Funds Sample Clauses

No Expenditure of Funds. No provision of this Agreement shall require Agent to expend or risk its own funds or otherwise incur any financial liability in the performance of any of its duties hereunder or in the exercise of its rights if it shall believe in good faith that repayment of such funds or adequate indemnification against such risk or liability is not reasonably assured to it.
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No Expenditure of Funds. No provision of this Agreement shall require Transfer Agent to expend or risk its own funds or otherwise incur any financial liability in the performance of any of its duties hereunder or in the exercise of its rights if it shall believe in good faith that repayment of such funds or adequate indemnification against such risk or liability is not reasonably assured to it.
No Expenditure of Funds. (a) Prior to the earliest of (i) the entry of the Approval Order, (ii) the entry of an order by the Bankruptcy Court or another court of competent jurisdiction approving or authorizing an Alternative Transaction and (iii) the entry by any Seller into a Contract contemplating an Alternative Transaction (the earliest of (i), (ii) and (iii), being the "Final Suspension Date"), Sellers may, after consulting with their professional service advisors and in a manner consistent with their good faith business judgment and subject to subparagraph (d) below, delay or suspend the expenditure of any funds on lease or rental payments that become due and payable in the period between the date of the filing of the Bankruptcy Cases and the Final Suspension Date on one or more Tower Leases and Acquired Spectrum Leases (each, a "Suspended Payment"). For purposes of this Section 11.15, any such Tower Lease or Acquired Spectrum Lease with respect to which any Seller suspends any such payments shall be referred to as an "Affected Lease". (b) If prior to the Final Suspension Date, (i) the Bankruptcy Court or another court of competent jurisdiction rules, enters an order requiring or otherwise finds or holds that one or more Sellers are required to make a payment with respect to any Suspended Payment prior to the Final Suspension Date (a "Payment Order") or (ii) the Bankruptcy Court or another court of competent jurisdiction rules, enters an order or otherwise finds or holds that the failure by one or more Sellers to make one or more Suspended Payments will result in a breach or termination of any Affected Lease prior to the Final Suspension Date (a "Termination Ruling"), then Purchaser may, in its sole discretion, make on behalf of Sellers the payment required by the Payment Order or make on behalf of Sellers the payment in the Termination Ruling necessary to cause such lease to not be in breach, cure any such breach or avoid a termination (any such payment, a "Court Amount") directly to the Person to whom the Court Amount is owed and Sellers agree not to oppose or object any such action by or on behalf of Purchaser. If Purchaser pays any Court Amount, then: (A) the amount of the financing commitment that Purchaser would be required to provide in accordance with Section 9.01(m) hereof such that Sellers will not be able to terminate this Agreement pursuant to such section will be reduced by the amount of all Court Amounts paid by or on behalf of Purchaser and such reduction in th...
No Expenditure of Funds. No provision of this Deposit Agreement shall require the Depositary to expend or risk its own funds or otherwise incur any financial liability in the performance of any of its duties hereunder or in the exercise of its rights if it shall believe in good faith that repayment of such funds or adequate indemnification against such risk or liability is not reasonably assured to it.
No Expenditure of Funds. No provision of this TA Agreement shall require TTA to expend or risk its own funds or otherwise incur any financial liability in the performance of any of its duties hereunder or in the exercise of its rights if it shall believe in good faith that repayment of such funds or adequate indemnification against such risk or liability is not reasonably assured to it.
No Expenditure of Funds. None of the provisions contained in this Agreement shall require the Trustee to expend or risk its own funds or otherwise incur financial liability in the performance of any of its duties or in the exercise of any of its rights or powers unless indemnified as aforesaid.
No Expenditure of Funds. [REDACTED] 20.3 Publicity. [REDACTED]
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Related to No Expenditure of Funds

  • Expenditure of Funds No provision of this Agreement shall require the Securities Intermediary to expend or risk its own funds or otherwise incur financial liability in the performance of any of its duties hereunder or in the exercise of any of its rights or powers, if it shall have reasonable grounds to believe that repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it.

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