Applicable Group definition
Examples of Applicable Group in a sentence
Each Financing Party acknowledges that none of the Agents or the Agent-Related Persons, any Joint Bookrunner or any Mandated Lead Arranger (collectively, the “Applicable Group”) has made any representation or warranty to it, and that no act by any member of the Applicable Agent hereafter taken, including any review of the Project or of the affairs of any Borrower Party, shall be deemed to constitute any representation or warranty by any member of the Applicable Group to any Financing Party.
Each Applicable Group shall pay to Green within ten days of receiving a written request for payment from Green an amount equal to the excess, if any, of (i) such Group's Allocable Share over (ii) such Group's Exemption Amount; provided, however, that no portion of the State and Local Income Tax Floor shall be taken into account.
The aforesaid notice shall be in the form of two (2) executed (by either Alterra or an affiliate or subsidiary thereof) originals of the Purchase Agreement Form for the Applicable Single Parcel or Applicable Group of Parcels, as the case may be, which purchase agreement shall have been modified to include (a) the purchase price and (b) any other modifications that Alterra reasonably deems appropriate.
For the month of substitution, distributions to the relevant Class and Payment Component will include the monthly payment due on any Deleted Loan from the Applicable Group for such month and thereafter the appropriate Seller shall be entitled to retain all amounts received in respect of such Deleted Loan.
Applicable Group ---------------- Either the Group I Loans or the Group II Loans as the case may be, but with respect to the Class AF Certificates and the Class A-IO-I Component, the Group I Loans, and with respect to the Class AV-1 Certificates and the Class A-IO-II Component, the Group II Loans.
The New Second Lien Notes are not being issued with the intent to hinder, delay or defraud either present or future creditors of any member of the Applicable Group.
For purposes of this definition, the amount of any contingent liability at any time shall be computed as the amount that, in light of all of the facts and circumstances existing at such time, represents the amount that the Applicable Group reasonably expects to become an actual or matured liability.
If Purchaser executes and delivers an original of the purchase agreement as aforesaid, the Applicable Single Parcel or Applicable Group of Parcels (but only as a group) shall thereby be released from this Agreement and Purchaser and Alterra shall proceed to close the transaction contemplated thereby in accordance with said purchase agreement.
For the month of substitution, distributions to the relevant Class will include the monthly payment due on any Deleted Loan from the Applicable Group for such month and thereafter the appropriate Seller shall be entitled to retain all amounts received in respect of such Deleted Loan.
Applicable Group ---------------- Either the Group I Loans or the Group II Loans as the case may be, but with respect to the Class AF Certificates and the Class A-IO Certificates, the Group I Loans, and with respect to the Class AV-1 Certificates, the Group II Loans.