Common use of Ownership; Control Clause in Contracts

Ownership; Control. Such Consenting Lender (A) either (i) is the sole beneficial owner of the principal amount of Debt and, as applicable, other interests in the Partnership set forth on its signature page hereto, or (ii) has sole investment or voting discretion with respect to the principal amount of such Debt and, if applicable, other interests in the Partnership set forth on its signature page and has the power and authority to bind the beneficial owner(s) of such Debt and, if applicable, other interests in the Partnership to the terms of this Agreement as such terms relate to the Debt and, if applicable, such other interests and (B) has full power and authority to act on behalf of, vote, and consent to matters concerning such Debt and, if applicable, other interests in the Partnership as set forth on its signature page and to dispose of, exchange, assign, and transfer such Debt and, if applicable, such other interests in the Partnership, including the power and authority to execute and deliver this Agreement and to perform its obligations hereunder.

Appears in 3 contracts

Samples: Transaction Support Agreement, Transaction Support Agreement (Foresight Energy LP), Transaction Support Agreement (Foresight Energy LP)

AutoNDA by SimpleDocs

Ownership; Control. Such Consenting Lender Noteholder (A) either (i) is the sole beneficial owner of the principal amount of Debt Notes and, as applicable, other interests in the Partnership set forth on its signature page hereto, or (ii) has sole investment or voting discretion with respect to the principal amount of such Debt Notes and, if applicable, other interests in the Partnership set forth on its signature page and has the power and authority to bind the beneficial owner(s) of such Debt Notes and, if applicable, other interests in the Partnership to the terms of this Agreement as such terms relate to the Debt Notes and, if applicable, such other interests and (B) has full power and authority to act on behalf of, vote, and consent to matters concerning such Debt Notes and, if applicable, other interests in the Partnership as set forth on its signature page and to dispose of, exchange, assign, and transfer such Debt Notes and, if applicable, such other interests in the Partnership, including the power and authority to execute and deliver this Agreement and to perform its obligations hereunder.

Appears in 3 contracts

Samples: Transaction Support Agreement, Transaction Support Agreement (Foresight Energy LP), Transaction Support Agreement (Foresight Energy LP)

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