We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Common use of Third Lien Obligations Clause in Contracts

Third Lien Obligations. (a) Borrowers have furnished Agent a true, correct and complete copy of each of the Third Lien Loan Documents. The Third Lien Obligations and the Liens securing the Third Lien Obligations and the guarantees of the Third Lien Obligations shall, in each case, be subject to the terms of the Third Lien Subordination Agreement. (b) Borrowers and each other Loan Party Obligor acknowledge that Agent and Lenders are entering into the Third Amendment in reliance upon the Third Lien Subordination Agreement and this Section 7.32.

Appears in 4 contracts

Samples: Loan and Security Agreement (Rubicon Technologies, Inc.), Loan and Security Agreement (Rubicon Technologies, Inc.), Loan and Security Agreement (Rubicon Technologies, Inc.)

Third Lien Obligations. (a) Borrowers have furnished Agent a true, correct and complete copy of each of the Third Lien Loan Documents. The Third Lien Obligations and the Liens securing the Third Lien Obligations and the guarantees of the Third Lien Obligations Obligation shall, in each case, be subject to the terms of the Third Lien Subordination Agreement. (b) Borrowers and each other Loan Party Obligor acknowledge acknowledges that Agent and Lenders are entering into this Fourth Amendment and extending credit and making the Third Amendment Loans in reliance upon the Third Lien Subordination Agreement and this Section 7.327.31.

Appears in 4 contracts

Samples: Loan and Security Agreement (Rubicon Technologies, Inc.), Loan and Security Agreement (Rubicon Technologies, Inc.), Loan and Security Agreement (Rubicon Technologies, Inc.)