Examples of Consenting Lenders in a sentence
This Agreement is the product of negotiations among the Company Parties and the Consenting Lenders, and in the enforcement or interpretation hereof, is to be interpreted in a neutral manner, and any presumption with regard to interpretation for or against any Party by reason of that Party having drafted or caused to be drafted this Agreement, or any portion hereof, shall not be effective in regard to the interpretation hereof.
Except where otherwise specified, the agreements, representations, warranties, and obligations of the Consenting Lenders under this Agreement are, in all respects, several and neither joint nor joint and several.
None of the Consenting Lenders shall have any fiduciary duty, any duty or trust or confidence in any form, or other duties or responsibilities to each other, any Consenting Lenders, the Company Parties or any of the Company Parties’ creditors or other stakeholders, including without limitation any holders of Company Claims/Interests, and, other than as expressly set forth herein, there are no commitments among or between the Consenting Lenders.
The Company Parties and the Consenting Lenders were each represented by counsel during the negotiations and drafting of this Agreement and continue to be represented by counsel.
The Required Consenting Lenders will consent to the Company’s use of cash collateral of the Secured Term Loan Party and Secured Noteholders to fund the Chapter 11 Cases on terms and conditions acceptable to the Company and the Required Consenting Lenders, and subject to the budget reasonably acceptable to the Required Consenting Lenders, from time to time, as amended (the “Approved Budget”).