Super Senior Headroom Sample Clauses

Super Senior Headroom. (a) The Issuer and the Super Senior WCF Creditor may agree, without obtaining the prior written consent from any other Secured Party, to increase the aggregate maximum commitment under the Super Senior Working Capital Facility provided that it does not, at the time of the increase, exceed the Super Senior Headroom. (b) The principal amount under the Super Senior Working Capital Facility (excluding, for the avoidance of doubt, any hedging liabilities related thereto) shall not exceed the Super Senior Headroom. (c) The Issuer shall not utilise the Super Senior Working Capital Facility (including by way of a rollover) if the aggregate utilised amounts under the Super Senior Working Capital Facility (including any other utilisation due to be made under (d) Any aggregate utilised commitments exceeding the Super Senior Headroom shall not cease to constitute Super Senior Debt for the purpose of this Agreement provided that paragraphs (b) and (c) above are complied with.
AutoNDA by SimpleDocs

Related to Super Senior Headroom

  • Definitions As used in this Agreement, the following terms shall have the following meanings:

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • NOW, THEREFORE the parties hereto agree as follows:

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the date first above written.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!