Release of Obligations of Transferor. Upon consummation of the Subject Transfer, the Transferor shall be deemed to relinquish its rights and be released from its obligations under the Agreement with respect to the Subject Transfer.
Appears in 7 contracts
Samples: Backstop Commitment Agreement (Enviva Inc.), Backstop Commitment Agreement (Party City Holdco Inc.), Backstop Commitment Agreement (WeWork Inc.)
Release of Obligations of Transferor. Upon consummation of the Subject Transfer, the Transferor shall be deemed to relinquish its rights (and be released from its obligations obligations, except for any claim for breach of the Agreement that occurs prior to consummation of the Subject Transfer) under the Agreement with respect to the extent of the Backstop Commitment Transferred in the Subject Transfer.
Appears in 2 contracts
Samples: Backstop Commitment Agreement (Gulfmark Offshore Inc), Backstop Commitment Agreement (Chaparral Energy, Inc.)
Release of Obligations of Transferor. Upon consummation of the Subject Transfer, the Transferor shall be deemed to relinquish its rights and be released from its obligations under the Agreement with respect to the Subject Transfer. Representations and Warranties of the Transferor. The Transferor hereby represents and warrants that the Subject Transfer does not violate any of the provisions contained in Section 2.6(e) of the Agreement.
Appears in 2 contracts
Samples: Backstop Commitment Agreement (Invacare Corp), Backstop Commitment Agreement (Invacare Corp)
Release of Obligations of Transferor. Upon consummation of the Subject Transfer, the Transferor shall be deemed to relinquish its rights (and be released from its obligations obligations, except for any claim for breach of the Agreement that occurs prior to consummation of the Subject Transfer) under the Agreement with respect to the extent of the Commitments Transferred in the Subject Transfer. 5.
Appears in 1 contract
Samples: Investment Agreement (Vanguard Natural Resources, Inc.)
Release of Obligations of Transferor. Upon consummation of the Subject Transfer, the Transferor shall be deemed to relinquish its rights (and be released from its obligations obligations, except for any claim for breach of the Agreement that occurs prior to consummation of the Subject Transfer) under the Agreement with respect to the extent of the Commitments Transferred in the Subject Transfer.
Appears in 1 contract
Samples: Equity Investment Agreement (Vanguard Natural Resources, LLC)
Release of Obligations of Transferor. Upon consummation of the Subject Transfer, the Transferor shall be deemed to relinquish its rights (and be released from its obligations obligations, except for any claim for breach of the Agreement that occurs prior to consummation of the Subject Transfer) under the Agreement with respect to the extent of the Commitments [and the Exit Term Loan Backstop Commitment] Transferred in the Subject Transfer.
Appears in 1 contract
Samples: Equity Investment Agreement (Vanguard Natural Resources, LLC)
Release of Obligations of Transferor. Upon consummation of the Subject Transfer, the Transferor shall be deemed to relinquish its rights (and be released from its obligations obligations, except for any claim for breach of the Agreement that occurs prior to consummation of the Subject Transfer) under the Agreement with respect to the extent of the Commitments [and Exit Term Loan Backstop Commitment] Transferred in the Subject Transfer. 5.
Appears in 1 contract
Samples: Investment Agreement (Vanguard Natural Resources, Inc.)
Release of Obligations of Transferor. Upon consummation of the Subject Transfer, the Transferor shall be deemed to relinquish its rights (and be released from its obligations obligations, except for any claim for breach of the Agreement that occurs prior to consummation of the Subject Transfer) under the Agreement with respect to the extent of the Commitments [and Exit Term Loan Backstop Commitment] Transferred in the Subject Transfer.
Appears in 1 contract
Samples: Equity Investment Agreement (Vanguard Natural Resources, LLC)
Release of Obligations of Transferor. Upon consummation of the Subject Transfer, the Transferor shall be deemed to relinquish its rights (and be released from its obligations obligations, except for any claim for breach of the Agreement that occurs prior to consummation of the Subject Transfer) under the Agreement with respect to the extent of the Commitments [and the Exit Term Loan Backstop Commitment] Transferred in the Subject Transfer. 5.
Appears in 1 contract
Samples: Investment Agreement (Vanguard Natural Resources, Inc.)
Release of Obligations of Transferor. Upon consummation of the Subject Transfer, the Transferor shall be deemed to relinquish its rights (and be released from its obligations obligations, except for any claim for breach of the Agreement that occurs prior to consummation of the Subject Transfer) under the Agreement with respect to the extent of the Backstop Commitment Transferred in the Subject Transfer.Transfer.](1)
Appears in 1 contract
Release of Obligations of Transferor. Upon consummation of the Subject Transfer, the Transferor shall be deemed to relinquish its rights (and be released from its obligations obligations, except for any claim for breach of the Agreement that occurs prior to consummation of the Subject Transfer) under the Agreement with respect to the extent of the Commitment Amount and Exchange Amount Transferred in the Subject Transfer.
Appears in 1 contract
Release of Obligations of Transferor. Upon consummation of the Subject Transfer, the Transferor shall be deemed to relinquish its rights (and be released from its obligations obligations, except for any claim for breach of the Agreement that occurs prior to consummation of the Subject Transfer) under the Agreement with respect to the extent of the Commitment Amount and Exchange Amount Transferred in the Subject Transfer.Transfer.](2)
Appears in 1 contract
