Terms of Obligations Sample Clauses

Terms of Obligations. Subject to the terms of the Swaps, the terms and conditions applicable to the Obligations owing to each Swap Counterparty by Accredited shall be such as such Swap Counterparty and Accredited shall from time to time agree upon and may be changed or modified at any time in accordance with the applicable Swap without in any manner affecting this Agreement or impairing this Agreement.
Sample 1Sample 2
AutoNDA by SimpleDocs
Terms of Obligations. Guarantor acknowledges that the terms and conditions of the Team's use of the Stadium are set forth entirely in respective written agreements between the Authority and the Team.
Sample 1Sample 2
Terms of Obligations. Each Obligation shall be designated as provided in the respective Supplemental Agreement authorizing such Obligation and shall be of the lien status specified therein.
Sample 1Sample 2
Terms of Obligations. The obligation of each Sponsor under this Article 3 shall commence upon the initial Disbursement under the Investment Agreement and shall terminate for such Sponsor upon the earliest to occur of the following four events: (i) with respect to such Sponsor, (x) the payment in full of the maximum liability of such Sponsor specified in Section 3.4 hereof, and (y) a period of one hundred twenty (120) days (or such other period as may be applicable under applicable bankruptcy, insolvency or similar laws) has elapsed since the condition set out in clause (i) (x) is satisfied without any court determining that the Sponsor is insolvent or, if such determination is made within that time, the Lenders are reasonably satisfied that no payment made to the Lenders or the Trustee by the Sponsor will be set aside as a consequence thereof under any law relating to bankruptcy, insolvency or similar matters; (ii) the date on which (x) the payment in full by HMGN of the Purchase Price (as defined in the Project Agreement) pursuant to Section 6 of the Project Agreement and receipt thereof by the Lenders and (y) a period of one hundred twenty (120) days (or such other period as may be applicable under applicable bankruptcy, insolvency or similar laws) has elapsed since the condition set out in clause (ii) (x) is satisfied without any court determining that HMGN is insolvent or, if such determination is made within that time, the Lenders are reasonably satisfied that no payment made by HMGN will be set aside as a consequence thereof under any law relating to bankruptcy, insolvency or similar matters; (iii) (x) payment in full of all Obligations has been made, and all obligations of the Lenders under the Loan Documents have terminated or expired, and (y) a period of one hundred twenty (120) days (or such other period as may be applicable under applicable bankruptcy, insolvency or similar laws) has elapsed since the condition set out in clause (iii) (x) is satisfied without any court determining that the Company is insolvent or, if such determination is made within that time, the Lenders are reasonably satisfied that no payment made to the Lenders or the Trustee by the Company will be set aside as a consequence thereof under any law relating to bankruptcy, insolvency or similar matters; or (iv) the occurrence of the Project Completion Date.
Sample 1

Related to Terms of Obligations

  • Conditions of Obligations Your obligations hereunder shall be subject to the accuracy of the representations and warranties on the part of the Company contained in Section 1 hereof, the accuracy of the statements of the Company made pursuant to the provisions hereof, to the performance by the Company of its covenants, agreements and obligations contained in Sections 3 and 5 hereof, and to the following additional conditions:

  • Duration of Obligations The Manager’s obligation to provide Disentanglement Services will continue during the period commencing on the date that a Termination Notice is delivered and ending on the date on which the Successor Manager or the re-engaged Manager assumes all of the obligations of the Manager hereunder (the “Disentanglement Period”).

  • Reaffirmation of Obligations Each Loan Party (a) acknowledges and consents to all of the terms and conditions of this Amendment, (b) affirms all of its obligations under the Loan Documents and (c) agrees that this Amendment and all documents executed in connection herewith do not operate to reduce or discharge such Loan Party’s obligations under the Loan Documents.

  • Payment of Obligations Pay, discharge or otherwise satisfy at or before maturity or before they become delinquent, as the case may be, all its material obligations of whatever nature, except where the amount or validity thereof is currently being contested in good faith by appropriate proceedings and reserves in conformity with GAAP with respect thereto have been provided on the books of the Borrower or its Subsidiaries, as the case may be.

  • Status of Obligations In the event that the Borrower or any other Loan Party shall at any time issue or have outstanding any Subordinated Indebtedness, the Borrower shall take or cause such other Loan Party to take all such actions as shall be necessary to cause the Secured Obligations to constitute senior indebtedness (however denominated) in respect of such Subordinated Indebtedness and to enable the Administrative Agent and the Lenders to have and exercise any payment blockage or other remedies available or potentially available to holders of senior indebtedness under the terms of such Subordinated Indebtedness. Without limiting the foregoing, the Secured Obligations are hereby designated as “senior indebtedness” and as “designated senior indebtedness” and words of similar import under and in respect of any indenture or other agreement or instrument under which such Subordinated Indebtedness is outstanding and are further given all such other designations as shall be required under the terms of any such Subordinated Indebtedness in order that the Lenders may have and exercise any payment blockage or other remedies available or potentially available to holders of senior indebtedness under the terms of such Subordinated Indebtedness.

  • Affirmation of Obligations Each of the Credit Parties hereby acknowledges, agrees and affirms (a) its obligations under the Credit Agreement and the other Loan Documents, including, without limitation, its guaranty obligations thereunder, (b) that such guaranty shall apply to the Obligations in accordance with the terms thereof, (c) the grant of the security interest in all of its assets pursuant to the Loan Documents and (d) that such liens and security interests created and granted are valid and continuing and secure the Obligations in accordance with the terms thereof.

  • Confirmation of Obligations Executive hereby confirms and agrees to his continuing obligation under the Agreement after termination of employment not to directly or indirectly disclose to third parties or use any Confidential Information (as defined in the Agreement) that he may have acquired, learned, developed, or created by reason of his employment with the Company.

  • Repayment of Obligations Notwithstanding anything to the contrary contained herein, the Borrower shall repay the Advances Outstanding, all accrued and unpaid Yield, any Breakage Fees, Increased Costs, all accrued and unpaid costs and expenses of the Administrative Agent and Lenders and all other Obligations (other than unmatured contingent indemnification obligations) in full on the Facility Maturity Date.

  • Ratification of Obligations Except as specifically modified herein, the Indenture and the Notes are in all respects ratified and confirmed (mutatis mutandis) and shall remain in full force and effect in accordance with their terms.

  • Mitigation of Obligations If any Lender requests compensation under Section 2.18, or if the Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.20, then such Lender shall use reasonable efforts to designate a different lending office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the sole judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts payable under Section 2.18 or Section 2.20, as the case may be, in the future and (ii) would not subject such Lender to any unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender. The Borrower hereby agrees to pay all costs and expenses incurred by any Lender in connection with such designation or assignment.

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