REPRESENTATIONS AND WARRANTIES 16. Section 3.1. Generally 16 Section 3.2. Bank Security Agent 16 Section 3.3. Note Security Agents 17 Section 3.4. Collateral Agent 17 ARTICLE 4 LIEN PRIORITIES; CERTAIN NOTICES; COLLATERAL LIQUIDATION 17 Section 4.1. Pari Passu 17 Section 4.2. Prohibition on Contesting Liens 17 Section 4.3. No New Liens 17 Section 4.4. Notices 18 Section 4.5. Collateral Liquidation 18 ARTICLE 5 CONTROL AGREEMENT 18 Section 5.1. Entry into Control Agreement 18 Section 5.2. Information 18 Section 5.3. Notices 19 Section 5.4. Changes to Control Agreement 19 ARTICLE 6 CUSTODY COLLATERAL 19 Section 6.1. Notice of Exclusive Control 19 Section 6.2. Custody Liquidation Notice 20 ARTICLE 7 OTHER COLLATERAL 20 Section 7.1. Other Collateral 20 Section 7.2. Possessory Liquidation Notice 21 ARTICLE 8 DISTRIBUTIONS 21 Section 8.1. Application of Proceeds 21 Section 8.2. Distributions from Collection Account 21 Section 8.3. Secured Obligation Balances 22 Section 8.4. Advances 22 Section 8.5. Further Assurances 23 ARTICLE 9 CHANGES TO FINANCING DOCUMENTS 23 Section 9.1. Amendments to Financing Documents; Etc. 23 Section 9.2. Other Matters 23 Section 9.3. Limitations 24 ARTICLE 10 INSOLVENCY OR LIQUIDATION PROCEEDINGS 25 Section 10.1. Avoidance Issues 25 Section 10.2. Effectiveness in Insolvency Proceedings 25 ARTICLE 11 RELIANCE; WAIVERS; ETC 25 Section 11.1. Reliance 25 Section 11.2. No Warranties or Liability 25 Section 11.3. No Waiver 26 Section 11.4. Obligations Unconditional 26 ARTICLE 12 MISCELLANEOUS 26 Section 12.1. Conflicts 26 Section 12.2. Effectiveness; Continuing Nature of This Agreement; Severability 27 Section 12.3. Amendments; Waivers 27 Section 12.4. Submission to Jurisdiction 27 Section 12.5. Notices 28 Section 12.6. APPLICABLE LAW 28 Section 12.7. Binding on Successors and Assigns 28 Section 12.8. Headings 28 Section 12.9. Counterparts 28 Section 12.10. No Third Party Beneficiaries 29 Section 12.11. Provisions Solely to Define Relative Rights 29 Section 12.12. Force Majeure 29 Section 12.13. Consequential Damages 29 EXHIBITS EXHIBIT A — Form of Custody Liquidation Notice EXHIBIT B — Form of Instruction Letter EXHIBIT C — Form of Other Liquidation Notice EXHIBIT D — Form of Joinder Agreement EXHIBIT E — Form of Direction EXHIBIT F — Form of Transfer Completion Certificate ANNEXES ANNEX A — Copy of Each Loan Document ANNEX B — Copy of Each Existing 2013 Note Document ANNEX C — Copy of Each Existing 2015 Note Document ANNEX D-1 — Copy of Temporary Control Agreement ANNEX D-2 — Copy of Continuing Control Agreement COLLATERAL AGENCY AND INTERCREDITOR AGREEMENT This COLLATERAL AGENCY AND INTERCREDITOR AGREEMENT, dated as of May 29, 2018, is entered into by and among THE BANK OF NOVA SCOTIA (“Scotia Bank”), in its capacity as Bank Security Agent (as defined below), XXXXX FARGO BANK, NATIONAL ASSOCIATION (“Xxxxx Fargo”), in its capacity as Existing 2013 Note Security Agent (as defined below), THE BANK OF NEW YORK MELLON (“BNY Mellon”), in its capacity as Existing 2015 Note Security Agent (as defined below), each Additional Note Security Agent (as defined below) that may become a party hereto from time to time, and Scotia Bank, in its capacity as collateral agent for the Secured Parties (as defined below) (in such capacity, and including its successors and assigns from time to time, the “Collateral Agent”).
Appears in 1 contract
Samples: Credit Agreement (ClearBridge Energy MLP Opportunity Fund Inc.)
REPRESENTATIONS AND WARRANTIES 16. Section 3.1. Generally 16 Section 3.2. Bank Security Agent 16 Section 3.3. Note Security Agents 17 Section 3.4. Collateral Agent 17 ARTICLE 4 LIEN PRIORITIES; CERTAIN NOTICES; COLLATERAL LIQUIDATION 17 Section 4.1. Pari Passu 17 Section 4.2. Prohibition on Contesting Liens 17 Section 4.3. No New Liens 17 Section 4.4. Notices 18 Section 4.5. Collateral Liquidation 18 ARTICLE 5 CONTROL AGREEMENT 18 Section 5.1. Entry into Control Agreement 18 Section 5.2. Information 18 Section 5.3. Notices 19 Section 5.4. Changes to Control Agreement 19 ARTICLE 6 CUSTODY COLLATERAL 19 Section 6.1. Notice of Exclusive Control 19 Section 6.2. Custody Liquidation Notice 20 ARTICLE 7 OTHER COLLATERAL 20 Section 7.1. Other Collateral 20 Organization and Standing of the Resorts Group Companies; Ownership 16 Section 7.2. Possessory Liquidation Notice 21 Corporate Action 16 Section 7.3. Noncontravention 16 Section 7.4. Governmental Approvals 17 Section 7.5. Litigation 17 Section 7.6. Compliance 17 Section 7.7. Title to Capital Stock 17 Section 7.8. Indebtedness 18 Section 7.9. No Brokers or Finders 18 Section 7.10. No Defaults 18 Section 7.11. Material Business Purpose 18 Section 7.12. Ranking 18 Section 7.13. SEC Documents 18 Section 7.14. ERISA 18 Section 7.15. Holdings Subsidiaries 18 Section 7.16. CIT Agreements 18 ARTICLE 8 DISTRIBUTIONS 21 VIII MISCELLANEOUS 19 Section 8.1. Application of Proceeds 21 Complete Agreement; Amendments 19 Section 8.2. Distributions from Collection Account 21 No Assignment 19 Section 8.3. Secured Obligation Balances 22 Fees and Expenses 19 Section 8.4. Advances 22 No Waiver by Holder 19 Section 8.5. Further Assurances 23 ARTICLE 9 CHANGES TO FINANCING DOCUMENTS WAIVER OF JURY TRIAL 20 Section 8.6. Severability 20 Section 8.7. Parties 20 Section 8.8. Authorized Signature 20 Section 8.9. Governing Law 20 Section 8.10. Notices 20 Section 8.11. Confidentiality 21 Section 8.12. Section Titles 22 Section 8.13. Exhibits, etc. 22 Section 8.14. Specific Performance 22 Section 8.15. Remedies Cumulative 22 Section 8.16. Counterparts 23 Section 9.18.17. Amendments to Financing Documents; Etc. Termination of Option Agreement 23 Section 9.28.18. Other Matters Agreements 23 Section 9.3. Limitations 24 ARTICLE 10 INSOLVENCY OR LIQUIDATION PROCEEDINGS 25 Section 10.1. Avoidance Issues 25 Section 10.2. Effectiveness in Insolvency Proceedings 25 ARTICLE 11 RELIANCE; WAIVERS; ETC 25 Section 11.1. Reliance 25 Section 11.2. No Warranties or Liability 25 Section 11.3. No Waiver 26 Section 11.4. Obligations Unconditional 26 ARTICLE 12 MISCELLANEOUS 26 Section 12.1. Conflicts 26 Section 12.2. Effectiveness; Continuing Nature of This Agreement; Severability 27 Section 12.3. Amendments; Waivers 27 Section 12.4. Submission to Jurisdiction 27 Section 12.5. Notices 28 Section 12.6. APPLICABLE LAW 28 Section 12.7. Binding on Successors and Assigns 28 Section 12.8. Headings 28 Section 12.9. Counterparts 28 Section 12.10. No Third Party Beneficiaries 29 Section 12.11. Provisions Solely to Define Relative Rights 29 Section 12.12. Force Majeure 29 Section 12.13. Consequential Damages 29 EXHIBITS EXHIBIT A — Form of Custody Liquidation Notice EXHIBIT B — Form of Instruction Letter EXHIBIT C — Form of Other Liquidation Notice EXHIBIT D — Form of Joinder Agreement EXHIBIT E — Form of Direction EXHIBIT F — Form of Transfer Completion Certificate ANNEXES ANNEX A — Copy of Each Loan Document ANNEX B — Copy of Each Existing 2013 Note Document ANNEX C — Copy of Each Existing 2015 Note Document ANNEX D-1 — Copy of Temporary Control Agreement ANNEX D-2 — Copy of Continuing Control Agreement COLLATERAL AGENCY AND INTERCREDITOR AGREEMENT This COLLATERAL AGENCY AND INTERCREDITOR AGREEMENT, dated as of May 29, 2018, is entered into by and among THE BANK OF NOVA SCOTIA (“Scotia Bank”), in its capacity as Bank Security Agent (as defined below), XXXXX FARGO BANK, NATIONAL ASSOCIATION (“Xxxxx Fargo”), in its capacity as Existing 2013 Note Security Agent (as defined below), THE BANK OF NEW YORK MELLON (“BNY Mellon”), in its capacity as Existing 2015 Note Security Agent (as defined below), each Additional Note Security Agent (as defined below) that may become a party hereto from time to time, and Scotia Bank, in its capacity as collateral agent for the Secured Parties (as defined below) (in such capacity, and including its successors and assigns from time to time, the “Collateral Agent”).Annex I Certain Definitions I-1
Appears in 1 contract
Samples: Master Agreement (Resorts International Hotel & Casino Inc)
REPRESENTATIONS AND WARRANTIES 16. Section 3.1. Generally 3.1 Representations and Warranties of the Schlumberger Parties 16 Section 3.2. Bank Security Agent 16 3.2 Representations and Warranties of the Liberty Parties 28 Section 3.3. Note Security Agents 17 4.1 Access to Information 39 Section 3.4. Collateral Agent 17 ARTICLE 4 LIEN PRIORITIES4.2 Conduct of the Business—Schlumberger 41 Section 4.3 Conduct of Business—Liberty 43 Section 4.4 Third Party Consents; CERTAIN NOTICES; COLLATERAL LIQUIDATION 17 Government Actions and Authorizations 44 Section 4.1. Pari Passu 17 4.5 Liberty Parent Stockholder Approval 46 Section 4.2. Prohibition on Contesting Liens 17 4.6 Proxy Statement 47 Section 4.3. 4.7 No New Liens 17 Solicitation 49 Section 4.4. Notices 18 4.8 Non-Competition 54 Section 4.5. Collateral Liquidation 18 ARTICLE 5 CONTROL AGREEMENT 18 4.9 Stock Exchange Listing 57 Section 5.1. Entry into Control Agreement 18 Section 5.2. Information 18 Section 5.3. Notices 19 Section 5.4. Changes to Control Agreement 19 ARTICLE 6 CUSTODY COLLATERAL 19 Section 6.1. Notice of Exclusive Control 19 Section 6.2. Custody Liquidation Notice 20 ARTICLE 7 OTHER COLLATERAL 20 Section 7.1. Other Collateral 20 Section 7.2. Possessory Liquidation Notice 21 ARTICLE 8 DISTRIBUTIONS 21 Section 8.1. Application of Proceeds 21 Section 8.2. Distributions from Collection Account 21 Section 8.3. Secured Obligation Balances 22 Section 8.4. Advances 22 Section 8.5. 4.10 Further Assurances 23 ARTICLE 9 CHANGES TO FINANCING DOCUMENTS 23 57 Section 9.14.11 Confidentiality 57 Section 4.12 Preservation of Records 58 Section 4.13 Publicity 58 Section 4.14 Tax Matters 59 Section 4.15 Schlumberger Credit Support Obligations 63 Section 4.16 Transaction Litigation 64 Section 4.17 Takeover Laws 64 Section 4.18 Use of Name 64 Section 4.19 Employee Matters. Amendments 66 Section 4.20 Cooperation with Liberty Parent Securities Filings 69 Section 4.21 Exclusivity 70 Section 4.22 Managers, Directors and Officers 70 Section 4.23 Termination of Intercompany Agreements 70 Section 4.24 Updated Schlumberger Disclosure Letter 70 Section 5.1 Mutual Conditions to Financing DocumentsClosing 71 Section 5.2 Conditions Precedent to Obligations of the Liberty Parties 72 Section 5.3 Conditions Precedent to Obligations of the Schlumberger Parties 72 Section 6.1 Indemnification Obligations of Schlumberger US 73 Section 6.2 Indemnification Obligations of Liberty Parent 74 Section 6.3 Limitations on Indemnity 74 Section 6.4 Method of Asserting Claims 75 Section 6.5 Exclusive Remedy; Etc. 23 Survival 77 Section 9.2. Other Matters 23 7.1 Termination of Agreement 78 Section 9.3. Limitations 24 ARTICLE 10 INSOLVENCY OR LIQUIDATION PROCEEDINGS 25 7.2 Procedure Upon Termination 79 Section 10.1. Avoidance Issues 25 7.3 Effect of Termination 79 Section 10.2. Effectiveness in Insolvency Proceedings 25 ARTICLE 11 RELIANCE8.1 Notices 80 Section 8.2 Amendment; WAIVERSWaiver 81 Section 8.3 Counterparts; ETC 25 Signatures 82 Section 11.1. Reliance 25 8.4 Assignment and Binding Effect 82 Section 11.2. No Warranties or Liability 25 8.5 Entire Agreement 82 Section 11.3. No Waiver 26 8.6 Severability 82 Section 11.4. Obligations Unconditional 26 ARTICLE 12 MISCELLANEOUS 26 8.7 Headings 83 Section 12.1. Conflicts 26 Section 12.2. Effectiveness; Continuing Nature of This Agreement; Severability 27 Section 12.3. Amendments; Waivers 27 Section 12.4. Submission to Jurisdiction 27 Section 12.5. Notices 28 Section 12.6. APPLICABLE LAW 28 Section 12.7. Binding on Successors and Assigns 28 Section 12.8. Headings 28 Section 12.9. Counterparts 28 Section 12.10. 8.8 No Third Party Beneficiaries 29 83 Section 12.11. Provisions Solely to Define Relative 8.9 Governing Law; Venue; Waiver of Jury Trial 83 Section 8.10 Expenses 84 Section 8.11 Limited Liability 84 Section 8.12 Non-Recourse 84 Section 8.13 Injunctive Relief 85 Section 8.14 Other Definitional and Interpretive Matters 85 Section 9.1 Definitions 87 Schedule 1.1 - Liberty Parent Stockholders Schedule 1.2 - Pre-Closing Restructuring Schedule 1.4(b) - Specified Transferred Assets Schedule 1.5(a)(vii) - Specified Assumed Liabilities Schedule 1.7(a) - Consents Schedule 2.3 - Minimum Condition Schedule 3.1(e) - Schlumberger Consents Schedule 3.1(h) - Schlumberger Absence of Certain Changes Schedule 3.1(i) - Schlumberger Taxes Schedule 3.1(j)(i)(E) - Schlumberger Other Real Property and Lease Agreements Schedule 3.1(j)(ii) - Schlumberger Joint Use Facilities Schedule 3.1(k)(i) - Schlumberger Fixed Assets Schedule 3.1(k)(ii) - Schlumberger Personal Property Leases Schedule 3.1(l) - Schlumberger Material Contracts Schedule 3.1(p) - Schlumberger Compliance with Laws; Permits Schedule 3.1(q) - Schlumberger Environmental Matters Schedule 3.2(f)(ii) - Liberty Capital Structure Schedule 3.2(h) - Liberty Absence of Certain Changes Schedule 3.2(k) - Liberty Material Contracts Schedule 3.2(j)(ii) - Liberty Leases Schedule 4.2 - Conduct of Business – Schlumberger Schedule 4.3 - Conduct of Business – Liberty Schedule 4.8(a) - Non-Compete Area Schedule 4.15 - Schlumberger Credit Support Obligations Schedule 4.19(a) - Potential Liberty Employees Schedule 4.19(i) - Severance Benefits Schedule 9.1(a) - Commercial Agreement Principles Schedule 9.1(b) - Business Contracts Schedule 9.1(c) - Equipment Schedule 9.1(d) - Excluded Business Contracts Schedule 9.1(e) - Excluded Intellectual Property and Retained Intellectual Property Schedule 9.1(f) - Excluded Permits Schedule 9.1(g) - Schlumberger Knowledge Persons Schedule 9.1(h) - Liberty Knowledge Persons Schedule 9.1(i) - Permitted Liens Schedule 9.1(j) - Transferred Business Contracts Schedule 9.1(k) - Transferred Permits Schedule 9.1(l) - Transferred Intellectual Property Schedule 9.1(m) - Transitional Schlumberger Marks Exhibit A - A&R Stockholders Agreement Exhibit B – Canadian Restructuring Contribution Agreement Exhibit C - Employee Matters Agreement Term Sheet Exhibit D - Equity Assignment Agreement Exhibit E - Intellectual Property License Agreement Exhibit F - Registration Rights 29 Section 12.12. Force Majeure 29 Section 12.13. Consequential Damages 29 EXHIBITS EXHIBIT A — Form of Custody Liquidation Notice EXHIBIT B — Form of Instruction Agreement Exhibit G - US Restructuring Contribution Agreement Schlumberger Disclosure Letter EXHIBIT C — Form of Other Liquidation Notice EXHIBIT D — Form of Joinder Agreement EXHIBIT E — Form of Direction EXHIBIT F — Form of Transfer Completion Certificate ANNEXES ANNEX A — Copy of Each Loan Document ANNEX B — Copy of Each Existing 2013 Note Document ANNEX C — Copy of Each Existing 2015 Note Document ANNEX D-1 — Copy of Temporary Control Agreement ANNEX D-2 — Copy of Continuing Control Agreement COLLATERAL AGENCY AND INTERCREDITOR Liberty Disclosure Letter This MASTER TRANSACTION AGREEMENT This COLLATERAL AGENCY AND INTERCREDITOR AGREEMENT(this “Agreement”), dated as of May 29August 31, 20182020, is entered into made by and among THE BANK OF NOVA SCOTIA Schlumberger Technology Corporation, a Texas corporation (“Scotia BankSchlumberger US”), in its capacity as Bank Security Agent (as defined below)Schlumberger Canada Limited, XXXXX FARGO BANK, NATIONAL ASSOCIATION a corporation organized pursuant to the laws of the Province of Alberta (“Xxxxx FargoSchlumberger Canada”), in its capacity as Existing 2013 Note Security Agent (as defined below)Liberty Oilfield Services New HoldCo LLC, THE BANK OF NEW YORK MELLON a Delaware limited liability company (“BNY MellonUS Buyer”), in its capacity as Existing 2015 Note Security Agent the managing member of which is Liberty Oilfield Services Inc., a Delaware corporation (as defined below“Liberty Parent”), each Additional Note Security Agent Liberty Canada Operations Inc., a British Columbia corporation and indirect, wholly-owned subsidiary of US Buyer (as defined below) that may become a party hereto from time to time“Canadian Buyer”), and Scotia BankLiberty Parent. Each of Schlumberger US, in its capacity Schlumberger Canada, US Buyer, Canadian Buyer and Liberty Parent is individually referred to herein as collateral agent for the Secured Parties (a “Party” and collectively as defined below) (in such capacity, and including its successors and assigns from time to time, the “Collateral Agent”)Parties.” Certain capitalized terms used in this Agreement are defined or referred to in Section 9.1.
Appears in 1 contract
Samples: Master Transaction Agreement (Liberty Oilfield Services Inc.)
REPRESENTATIONS AND WARRANTIES 16. Section 3.1. Generally 3.01 Representations And Warranties Of The Company 16 Section 3.2. Bank Security Agent 16 Section 3.3. Note Security Agents 17 Section 3.4. Collateral Agent 17 3.02 Representations and Warranties of Parent and Merger Sub 37 ARTICLE 4 LIEN PRIORITIES; CERTAIN NOTICES; COLLATERAL LIQUIDATION 17 COVENANTS OF THE COMPANY 42 Section 4.1. Pari Passu 17 4.01 Conduct of the Company 42 Section 4.2. Prohibition on Contesting Liens 17 4.02 Company Stockholder Meeting 45 Section 4.3. No New Liens 17 4.03 Acquisition Proposals 46 Section 4.4. Notices 18 4.04 Access to Information 50 Section 4.5. Collateral Liquidation 18 4.05 MARAD and FAA Assets 50 Section 4.06 Financing Cooperation 51 Section 4.07 Takeover Statutes 52 Section 4.08 FIRPTA Certificate 52 Section 4.09 Section 16 Matters 53 Section 4.10 Director Resignations 53 ARTICLE 5 CONTROL AGREEMENT 18 COVENANTS OF PARENT 53 Section 5.1. Entry into Control Agreement 18 5.01 Obligations of Merger Sub 53 Section 5.2. Information 18 5.02 Indemnification and Insurance 53 Section 5.3. Notices 19 5.03 Employee Matters 55 Section 5.4. Changes to Control Agreement 19 5.04 Financing 57 ARTICLE 6 CUSTODY COLLATERAL 19 COVENANTS OF PARENT AND THE COMPANY 58 Section 6.16.01 Reasonable Best Efforts 58 Section 6.02 Proxy Statement 61 Section 6.03 Public Announcements 61 Section 6.04 Further Assurances 62 Section 6.05 Notices of Certain Events 62 Section 6.06 Advice of Changes; No Control 62 Section 6.07 Transaction Litigation 62 Section 6.08 Compliance with Judgments. 63 ARTICLE 7 CONDITIONS TO THE MERGER 63 Section 7.01 Conditions to the Obligations of Each Party 63 Section 7.02 Additional Conditions to Obligations of Parent and Merger Sub 64 Section 7.03 Additional Conditions to Obligations of the Company 65 ARTICLE 8 TERMINATION 65 Section 8.01 Termination 65 Section 8.02 Notice of Exclusive Control 19 Section 6.2. Custody Liquidation Notice 20 ARTICLE 7 OTHER COLLATERAL 20 Section 7.1. Other Collateral 20 Section 7.2. Possessory Liquidation Notice 21 ARTICLE 8 DISTRIBUTIONS 21 Section 8.1. Application Termination; Effect of Proceeds 21 Section 8.2. Distributions from Collection Account 21 Section 8.3. Secured Obligation Balances 22 Section 8.4. Advances 22 Section 8.5. Further Assurances 23 Termination 67 ARTICLE 9 CHANGES TO FINANCING DOCUMENTS 23 MISCELLANEOUS 67 Section 9.1. Amendments to Financing Documents9.01 Notices 67 Section 9.02 Survival of Representations and Warranties 68 Section 9.03 Amendments; Etc. 23 Extensions and Waivers 69 Section 9.2. Other Matters 23 9.04 Expenses 69 Section 9.3. Limitations 24 ARTICLE 10 INSOLVENCY OR LIQUIDATION PROCEEDINGS 25 9.05 Rules of Construction; Disclosure Schedule References 71 Section 10.1. Avoidance Issues 25 9.06 Binding Effect; Benefit; Assignment 72 Section 10.2. 9.07 Governing Law 73 Section 9.08 Jurisdiction 73 Section 9.09 WAIVER OF JURY TRIAL 74 Section 9.10 Counterparts; Effectiveness in Insolvency Proceedings 25 ARTICLE 11 RELIANCE; WAIVERS; ETC 25 74 Section 11.1. Reliance 25 Section 11.2. No Warranties or Liability 25 Section 11.3. No Waiver 26 Section 11.4. Obligations Unconditional 26 ARTICLE 12 MISCELLANEOUS 26 Section 12.1. Conflicts 26 Section 12.2. Effectiveness; Continuing Nature of This 9.11 Entire Agreement; No Other Representations and Warranties 74 Section 9.12 Severability 27 74 Section 12.3. Amendments; Waivers 27 9.13 Remedies 75 Section 12.4. Submission to Jurisdiction 27 Section 12.5. Notices 28 Section 12.6. APPLICABLE LAW 28 Section 12.7. Binding on Successors and Assigns 28 Section 12.8. Headings 28 Section 12.9. Counterparts 28 Section 12.10. No Third Party Beneficiaries 29 Section 12.11. Provisions Solely to Define Relative Rights 29 Section 12.12. Force Majeure 29 Section 12.13. Consequential Damages 29 EXHIBITS EXHIBIT 9.14 Financing Sources 76 Exhibit A — – Form of Custody Liquidation Notice EXHIBIT Amended and Restated Certificate of Incorporation of Surviving Corporation Exhibit B — – Form of Instruction Letter EXHIBIT Option Surrender Agreement Exhibit C — – Form of Other Liquidation Notice EXHIBIT D — Form Letter of Joinder Agreement EXHIBIT E — Form of Direction EXHIBIT F — Form of Transfer Completion Certificate ANNEXES ANNEX A — Copy of Each Loan Document ANNEX B — Copy of Each Existing 2013 Note Document ANNEX C — Copy of Each Existing 2015 Note Document ANNEX D-1 — Copy of Temporary Control Agreement ANNEX D-2 — Copy of Continuing Control Agreement COLLATERAL AGENCY Transmittal This AGREEMENT AND INTERCREDITOR AGREEMENT This COLLATERAL AGENCY AND INTERCREDITOR AGREEMENTPLAN OF MERGER, dated as of May 29October 5, 20182017 (this “Agreement”), is entered into by and among THE BANK OF NOVA SCOTIA Xxxxx Inc., a corporation duly incorporated under the laws of the Province of New Brunswick, Canada (“Scotia BankParent”), in its capacity as Bank Security Agent (as defined below)Alpha MergerSub, XXXXX FARGO BANKInc., NATIONAL ASSOCIATION a Nevada corporation and a direct wholly-owned subsidiary of Parent (“Xxxxx FargoMerger Sub”), in its capacity as Existing 2013 Note Security Agent and Omega Protein Corporation, a Nevada corporation (as defined below), THE BANK OF NEW YORK MELLON (“BNY Mellon”), in its capacity as Existing 2015 Note Security Agent (as defined below), each Additional Note Security Agent (as defined below) that may become a party hereto from time to time, and Scotia Bank, in its capacity as collateral agent for the Secured Parties (as defined below) (in such capacity, and including its successors and assigns from time to time, the “Collateral AgentCompany”).
Appears in 1 contract
REPRESENTATIONS AND WARRANTIES 16. Section 3.13.01. Generally Representations and Warranties of the Company 16 Section 3.23.02. Bank Security Agent Representations and Warranties of the Purchaser 23 ARTICLE IV ADDITIONAL AGREEMENTS 26 Section 4.01. Taking of Necessary Action 26 Section 4.02. Restricted Period 26 Section 4.03. Exchange Listing 29 Section 4.04. Securities Laws 29 Section 4.05. Lost, Stolen, Destroyed or Mutilated Securities 29 Section 4.06. Antitrust Approval 30 Section 4.07. Board Nomination; Observer; Committees 30 Section 4.08. VCOC Letter 35 Section 4.09. Financing Cooperation 35 Section 4.10. Certain Tax Matters 37 Section 4.11. Section 16 Matters 38 Section 3.34.12. Note Security Agents 17 D&O Indemnification / Insurance Priority Matters 38 Section 3.44.13. Collateral Agent 17 Conversion Price and Warrant Exercise Price Matters 39 Section 4.14. Transfers of SL Securities that are Global Securities 39 Section 4.15. Par Value 40 Section 4.16. Participation Rights 40 Section 4.17. Conduct of Business 42 Section 4.18. Standstill 42 Section 4.19. Indenture Amendments and Supplements; Cooperation 45 Section 4.20. Anti-Takeover Provisions 45 Section 4.21. Tax Treatment 45 Section 4.22. Indemnification 46 Section 4.23. Voting. 47 ARTICLE 4 LIEN PRIORITIES; CERTAIN NOTICES; COLLATERAL LIQUIDATION 17 V REGISTRATION RIGHTS 48 Section 4.15.01. Pari Passu 17 Registration Statement 48 Section 4.25.02. Prohibition on Contesting Liens 17 Registration Limitations and Obligations 49 Section 4.35.03. No New Liens 17 Registration Procedures 53 Section 4.45.04. Expenses 57 Section 5.05. Registration Indemnification 57 Section 5.06. Facilitation of Sales Pursuant to Rule 144 60 ARTICLE VI MISCELLANEOUS 60 Section 6.01. Survival of Representations and Warranties 60 Section 6.02. Notices 18 61 Section 4.56.03. Collateral Liquidation 18 ARTICLE 5 CONTROL AGREEMENT 18 Section 5.1. Entry into Control Agreement 18 Section 5.2. Information 18 Section 5.3. Notices 19 Section 5.4. Changes to Control Agreement 19 ARTICLE 6 CUSTODY COLLATERAL 19 Section 6.1. Notice of Exclusive Control 19 Section 6.2. Custody Liquidation Notice 20 ARTICLE 7 OTHER COLLATERAL 20 Section 7.1. Other Collateral 20 Section 7.2. Possessory Liquidation Notice 21 ARTICLE 8 DISTRIBUTIONS 21 Section 8.1. Application of Proceeds 21 Section 8.2. Distributions from Collection Account 21 Section 8.3. Secured Obligation Balances 22 Section 8.4. Advances 22 Section 8.5. Further Assurances 23 ARTICLE 9 CHANGES TO FINANCING DOCUMENTS 23 Section 9.1. Amendments to Financing Documents; Etc. 23 Section 9.2. Other Matters 23 Section 9.3. Limitations 24 ARTICLE 10 INSOLVENCY OR LIQUIDATION PROCEEDINGS 25 Section 10.1. Avoidance Issues 25 Section 10.2. Effectiveness in Insolvency Proceedings 25 ARTICLE 11 RELIANCE; WAIVERS; ETC 25 Section 11.1. Reliance 25 Section 11.2. No Warranties or Liability 25 Section 11.3. No Waiver 26 Section 11.4. Obligations Unconditional 26 ARTICLE 12 MISCELLANEOUS 26 Section 12.1. Conflicts 26 Section 12.2. Effectiveness; Continuing Nature of This Entire Agreement; Severability 27 Third Party Beneficiaries; Amendment 62 Section 12.36.04. Amendments; Waivers 27 Counterparts 62 Section 12.46.05. Submission to Jurisdiction 27 Public Announcements 63 Section 12.56.06. Notices 28 Expenses 63 Section 12.66.07. APPLICABLE LAW 28 Section 12.7. Binding on Successors and Assigns 28 63 Section 12.86.08. Governing Law; Jurisdiction; Waiver of Jury Trial 64 Section 6.09. Severability 65 Section 6.10. Specific Performance 65 Section 6.11. Headings 28 66 Section 12.96.12. Counterparts 28 Section 12.10. No Third Party Beneficiaries 29 Section 12.11. Provisions Solely to Define Relative Rights 29 Section 12.12. Force Majeure 29 Section 12.13. Consequential Damages 29 EXHIBITS EXHIBIT A — Non-Recourse 66 Exhibit A: Form of Custody Liquidation Notice EXHIBIT B — Form of Instruction Letter EXHIBIT C — Form of Other Liquidation Notice EXHIBIT D — Indenture Exhibit B: Form of Joinder Agreement EXHIBIT E — Exhibit C: Form of Direction EXHIBIT F — Issuer Agreement Exhibit D: Notes and Warrants Purchase Amounts Annex A: Plan of Distribution Annex B: Form of Transfer Completion Certificate ANNEXES ANNEX A — Copy Warrant Annex C: Form of Each Loan Document ANNEX B — Copy of Each Existing 2013 Note Document ANNEX C — Copy of Each Existing 2015 Note Document ANNEX D-1 — Copy of Temporary Control Service Agreement ANNEX D-2 — Copy of Continuing Control Agreement COLLATERAL AGENCY AND INTERCREDITOR This INVESTMENT AGREEMENT This COLLATERAL AGENCY AND INTERCREDITOR AGREEMENT(this “Agreement”), dated as of May 29March 2, 20182022, is entered into by and among THE BANK OF NOVA SCOTIA (i) Zuora, Inc., a Delaware corporation (together with any successor or assign pursuant to Section 6.07, the “Scotia BankCompany”), in its capacity as Bank Security Agent and (as defined below)ii) Silver Lake Alpine II, XXXXX FARGO BANKL.P., NATIONAL ASSOCIATION a Delaware limited partnership (“Xxxxx Fargo”), in its capacity as Existing 2013 Note Security Agent (as defined below), THE BANK OF NEW YORK MELLON (“BNY Mellon”), in its capacity as Existing 2015 Note Security Agent (as defined below), each Additional Note Security Agent (as defined below) that may become a party hereto from time to time, and Scotia Bank, in its capacity as collateral agent for the Secured Parties (as defined below) (in such capacity, and including together with its successors and assigns from time to timeany Affiliate that becomes a Purchaser party hereto in accordance with Section 4.02 and Section 6.07, the “Collateral AgentPurchaser”).. Capitalized terms not otherwise defined where used shall have the meanings ascribed thereto in Article I.
Appears in 1 contract
Samples: Investment Agreement (Zuora Inc)
REPRESENTATIONS AND WARRANTIES 16. Section 3.13.01. Generally Representations and Warranties of the Company 16 Section 3.23.02. Bank Security Agent Representations and Warranties of the Purchaser 23 ARTICLE IV ADDITIONAL AGREEMENTS 26 Section 4.01. Taking of Necessary Action 26 Section 4.02. Restricted Period 26 Section 4.03. Exchange Listing 29 Section 4.04. Securities Laws 29 Section 4.05. Lost, Stolen, Destroyed or Mutilated Securities 29 Section 4.06. Antitrust Approval 30 Section 4.07. Board Nomination; Observer; Committees 30 Section 4.08. VCOC Letter 35 Section 4.09. Financing Cooperation 36 Section 4.10. Certain Tax Matters 37 Section 4.11. Section 16 Matters 38 Section 3.34.12. Note Security Agents 17 D&O Indemnification / Insurance Priority Matters 38 Section 3.44.13. Collateral Agent 17 Conversion Price and Warrant Exercise Price Matters 39 Section 4.14. Transfers of SL Securities that are Global Securities 39 Section 4.15. Par Value 40 Section 4.16. Participation Rights 40 Section 4.17. Conduct of Business 42 Section 4.18. Standstill 42 Section 4.19. Indenture Amendments and Supplements; Cooperation 45 Section 4.20. Anti-Takeover Provisions 45 Section 4.21. Tax Treatment 46 Section 4.22. Indemnification 46 Section 4.23. Voting. 48 ARTICLE 4 LIEN PRIORITIES; CERTAIN NOTICES; COLLATERAL LIQUIDATION 17 V REGISTRATION RIGHTS 48 Section 4.15.01. Pari Passu 17 Registration Statement 48 Section 4.25.02. Prohibition on Contesting Liens 17 Registration Limitations and Obligations 49 Section 4.35.03. No New Liens 17 Registration Procedures 53 Section 4.45.04. Expenses 57 Section 5.05. Registration Indemnification 57 Section 5.06. Facilitation of Sales Pursuant to Rule 144 60 ARTICLE VI MISCELLANEOUS 60 Section 6.01. Survival of Representations and Warranties 60 Section 6.02. Notices 18 61 Section 4.56.03. Collateral Liquidation 18 ARTICLE 5 CONTROL AGREEMENT 18 Section 5.1. Entry into Control Agreement 18 Section 5.2. Information 18 Section 5.3. Notices 19 Section 5.4. Changes to Control Agreement 19 ARTICLE 6 CUSTODY COLLATERAL 19 Section 6.1. Notice of Exclusive Control 19 Section 6.2. Custody Liquidation Notice 20 ARTICLE 7 OTHER COLLATERAL 20 Section 7.1. Other Collateral 20 Section 7.2. Possessory Liquidation Notice 21 ARTICLE 8 DISTRIBUTIONS 21 Section 8.1. Application of Proceeds 21 Section 8.2. Distributions from Collection Account 21 Section 8.3. Secured Obligation Balances 22 Section 8.4. Advances 22 Section 8.5. Further Assurances 23 ARTICLE 9 CHANGES TO FINANCING DOCUMENTS 23 Section 9.1. Amendments to Financing Documents; Etc. 23 Section 9.2. Other Matters 23 Section 9.3. Limitations 24 ARTICLE 10 INSOLVENCY OR LIQUIDATION PROCEEDINGS 25 Section 10.1. Avoidance Issues 25 Section 10.2. Effectiveness in Insolvency Proceedings 25 ARTICLE 11 RELIANCE; WAIVERS; ETC 25 Section 11.1. Reliance 25 Section 11.2. No Warranties or Liability 25 Section 11.3. No Waiver 26 Section 11.4. Obligations Unconditional 26 ARTICLE 12 MISCELLANEOUS 26 Section 12.1. Conflicts 26 Section 12.2. Effectiveness; Continuing Nature of This Entire Agreement; Severability 27 Third Party Beneficiaries; Amendment 62 Section 12.36.04. Amendments; Waivers 27 Counterparts 62 Section 12.46.05. Submission to Jurisdiction 27 Public Announcements 63 Section 12.56.06. Notices 28 Expenses 63 Section 12.66.07. APPLICABLE LAW 28 Section 12.7. Binding on Successors and Assigns 28 63 Section 12.86.08. Governing Law; Jurisdiction; Waiver of Jury Trial 64 Section 6.09. Severability 65 Section 6.10. Specific Performance 65 Section 6.11. Headings 28 66 Section 12.96.12. Counterparts 28 Section 12.10. No Third Party Beneficiaries 29 Section 12.11. Provisions Solely to Define Relative Rights 29 Section 12.12. Force Majeure 29 Section 12.13. Consequential Damages 29 EXHIBITS EXHIBIT A — Non-Recourse 66 Exhibit A: Form of Custody Liquidation Notice EXHIBIT B — Form of Instruction Letter EXHIBIT C — Form of Other Liquidation Notice EXHIBIT D — Indenture Exhibit B: Form of Joinder Agreement EXHIBIT E — Exhibit C: Form of Direction EXHIBIT F — Issuer Agreement Exhibit D: Notes and Warrants Purchase Amounts Annex A: Plan of Distribution Annex B: Form of Transfer Completion Certificate ANNEXES ANNEX A — Copy Warrant Annex C: Form of Each Loan Document ANNEX B — Copy of Each Existing 2013 Note Document ANNEX C — Copy of Each Existing 2015 Note Document ANNEX D-1 — Copy of Temporary Control Service Agreement ANNEX D-2 — Copy of Continuing Control Agreement COLLATERAL AGENCY AND INTERCREDITOR This INVESTMENT AGREEMENT This COLLATERAL AGENCY AND INTERCREDITOR AGREEMENT(this “Agreement”), dated as of May 29March 2, 20182022, is entered into by and among THE BANK OF NOVA SCOTIA (i) Zuora, Inc., a Delaware corporation (together with any successor or assign pursuant to Section 6.07, the “Scotia BankCompany”), in its capacity as Bank Security Agent and (as defined below)ii) Silver Lake Alpine II, XXXXX FARGO BANKL.P., NATIONAL ASSOCIATION a Delaware limited partnership (“Xxxxx Fargo”), in its capacity as Existing 2013 Note Security Agent (as defined below), THE BANK OF NEW YORK MELLON (“BNY Mellon”), in its capacity as Existing 2015 Note Security Agent (as defined below), each Additional Note Security Agent (as defined below) that may become a party hereto from time to time, and Scotia Bank, in its capacity as collateral agent for the Secured Parties (as defined below) (in such capacity, and including together with its successors and assigns from time to timeany Affiliate that becomes a Purchaser party hereto in accordance with Section 4.02 and Section 6.07, the “Collateral AgentPurchaser”).. Capitalized terms not otherwise defined where used shall have the meanings ascribed thereto in Article I.
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Samples: Investment Agreement (Zuora Inc)