Purchase Closing. On the Purchase Date: (a) the Purchasing Creditors and the First Lien Agents will execute and deliver the Assignment Agreements, (b) the Purchasing Creditors will pay the Purchase Price to the First Lien Agents by wire transfer of immediately available funds, and (c) Second Lien Agent will execute and deliver to the First Lien Agents a waiver of all claims arising out of this Agreement and the transactions contemplated hereby as a result of exercising the purchase option contemplated by this section 5.
Appears in 2 contracts
Samples: Intercreditor Agreement (Terran Orbital Corp), First Lien/Second Lien Intercreditor Agreement (Terran Orbital Corp)
Purchase Closing. On the Purchase Date:
(a) the Purchasing Creditors and the First Lien Agents Agent will execute and deliver the Assignment AgreementsAgreement,
(b) the Purchasing Creditors will pay the Purchase Price to the First Lien Agents Agent by wire transfer of immediately available funds, and
(c) Second Lien Agent will execute and deliver to the First Lien Agents Agent a waiver of all claims arising out of this Agreement and the transactions contemplated hereby as a result of exercising the purchase option contemplated by this section 5Section 6.
Appears in 1 contract
Samples: Intercreditor Agreement (Cal Dive International, Inc.)
Purchase Closing. On the Purchase Date:
, (ai) the Purchasing Creditors and the First Lien Agents Agent will execute and deliver the Assignment Agreements,
Agreement, (bii) the Purchasing Creditors will pay the Purchase Price to the First Lien Agents Agent by wire transfer of immediately available funds, and
and (ciii) Second Lien Agent will execute and deliver to the First Lien Agents Agent a waiver of all claims arising out of this Agreement and the transactions contemplated hereby as a result of exercising the purchase option contemplated by this section 5Article VI.
Appears in 1 contract
