Convertible Preferred Equity Documents definition
Examples of Convertible Preferred Equity Documents in a sentence
Without limiting the foregoing, no Credit Party is a party to or bound by an agreement (other than in the case of Borrower, the Convertible Preferred Equity Documents) or subject to any order of any Governmental Authority which prohibits or restricts in any way the right of such party to make Distributions other than restrictions binding on the Credit Party set forth in this Agreement.
As of the Effective Date, no party to any of the Convertible Preferred Equity Documents is in default of its obligations or in breach of any representations or warranties made by it thereunder, and each of the Convertible Preferred Equity Documents is a valid, binding and enforceable obligation of each party thereto in accordance with its terms except as limited by (a) bankruptcy, insolvency or similar Laws affecting creditors rights generally, and (b) equitable principles of general applicability.
Borrower has provided to Administrative Agent a true and correct copy of the material Convertible Preferred Equity Documents.