Examples of Borrower Control Group in a sentence
Lender shall have received copies of all consents, licenses and approvals, if any, required in connection with the execution, delivery and performance by Borrower and the members of the Borrower Control Group under, and the validity and enforceability of, the Loan Documents, and such consents, licenses and approvals shall be in full force and effect.
Enter into any agreement which expressly restricts the ability of Borrower or any member of the Borrower Control Group to enter into amendments, modifications or waivers of any of the Loan Documents.
Borrower shall, and shall cause the members of the Borrower Control Group to, observe, perform and satisfy all the terms, provisions, covenants and conditions required to be observed, performed or satisfied by any of them, and to pay when due all costs, fees and expenses required to be paid by any of them under the Loan Documents.
Lender shall have received all financial information (which financial information shall be satisfactory to Lender in Lender's discretion) relating to the Borrower, the members of the Borrower Control Group and the Operating Companies, requested by Lender in Lender's discretion.
Lender, each Assignee and each participant and their respective Affiliates may accept deposits from, lend money to, act as trustee under indentures of, and generally engage in any kind of business with, Borrower, members of the Borrower Control Group or any of them, any Affiliate of Borrower, any of Borrower's subsidiaries and any Person who may do business with or own interests in or securities of Borrower or any such Affiliate or subsidiary, without any duty to account therefor.
There is no fact presently known to Borrower which has not been disclosed to Lender which materially adversely affects, nor as far as Borrower can reasonably foresee, would materially adversely affect the business, operations or condition (financial or otherwise) of Borrower or any member of the Borrower Control Group or any Operating Company.
Such searches shall have been received in relation to Borrower, and certain members of the Borrower Control Group.
Neither Borrower nor any member of the Borrower Control Group shall attempt to revoke, rescind or modify any of the Direction Letters.
Neither Borrower nor any member of the Borrower Control Group shall have any obligation to any such third party to which Lender delivers such information unless such Entity so agrees in writing directly with such third party.
Borrower shall observe and perform or cause to be observed and performed each and every term to be observed or performed by Borrower or any member of the Borrower Control Group pursuant to the terms of any Pledge Agreement, Collateral Assignment or other Loan Document.