Examples of Additional Commitment Parties in a sentence
It is understood and agreed that the Additional Commitment Parties (except as expressly set forth herein) shall not have any rights or benefits with respect to, (a) roles or titles assigned to any of MSSF, JPMorgan or Wells pursuant to this Commitment Letter, (b) the provisions of this Commitment Letter applicable to the Arrangers and the Administrative Agent solely in their respective capacities as such and (c) any provisions of the Fee Letters unless such Additional Commitment Party is a party thereto.
The Additional Commitment Parties (or their affiliates) with respect to the ABL Facility may have (in the aggregate) commitments of up to 20% of the commitment amount with respect to the ABL Facility and shall be entitled to their ratable share of the economics payable to JPMorgan and Barclays in respect of the ABL Facility.
Except with respect to Additional Commitment Parties, no party hereto may assign, sell, transfer or delegate any of its rights, in full or in part, or be relieved of any of its obligations, under this Commitment Letter without the prior written consent of each other party hereto, and any purported assignment, sale, transfer or delegation without such consent shall be null and void.
In the event of such res- ignation all compensation and benefits, except benefits provided by law (e.g., COBRA benefits), will cease to accrue on the effective date of resignation, and all compensation and benefits accrued through the effective date of resignation shall be paid to Manager as required by applicable law.
The blocks shall not be used prior to one month after the date of manufacture, nor shall any block be used that have not been inspected and approved by the Engineer.
In connection with the modified July Combination Agreement, on July 9, 2014, Wells Fargo, Barclays and the Additional Commitment Parties entered into an Amended and Restated Commitment Letter (the “July Commitment Letter”) with financing terms substantially similar to the Commitment Letter provided by Wells Fargo and Barclays, but extending the commitment to December 31, 2014.
As consideration for the commitments of the Additional Commitment Parties, the Arrangers agree to pay the fees to the Additional Commitment Parties as set forth on Schedule I attached hereto (the “Fee Schedule”), to the extent that such fees have been received by the Arrangers from the Borrower pursuant to the Arranger Fee Letter (it being understood that nothing herein shall be deemed to modify any Fee Letter or increase any fees that have been paid or are payable by the Borrower thereunder).
Notwithstanding anything in the Commitment Letter or the Facilities Fee Letter to the contrary, the parties hereto agree that solely for purposes of (x) Section 5 of the Commitment Letter and (y) Section 1 of the Facilities Fee Letter, each reference to Lead Arranger therein shall be deemed to include the Additional Commitment Parties.
In addition, each of the Additional Commitment Parties shall be a beneficiary of all acknowledgements, representations, warranties, and waivers made by, and covenants of, the Borrower in the Commitment Letter, to the same extent as the same are applicable to the Commitment Parties.
They assessed rates of engagement with the performing arts such as theatre (play, drama, musical, pantomime) dance (ballet and other dance)and cinema.