Credit Parties definition
Examples of Credit Parties in a sentence
The Administrative Agent shall have received an officer’s certificate for the Credit Parties prepared by the chief financial officer (or other officer with reasonably equivalent responsibilities) of the Borrower in substantially the form of Exhibit 5.01(j).
As of the Closing Date, the present insurance coverage of the Credit Parties complies with the requirements set forth in Section 7.05.
Without limiting the provisions of clause (a) above, the Credit Parties shall timely pay to the relevant Governmental Authority in accordance with applicable law, or at the option of the Administrative Agent timely reimburse it for the payment of, any Other Taxes.
The Credit Parties shall indemnify the Administrative Agent, the L/C Issuer, each Lender and the Related Parties of each of them from all losses, costs, expenses and liabilities resulting from the reliance by such Person on each notice purportedly given by or on behalf of a Credit Party.
The Borrower has been advised that the Credit Parties are engaged in a broad range of transactions in the ordinary course of their business that may involve interests that differ from the Borrower’s and its Affiliates’ interests and that the Credit Parties have no obligation to disclose such interests and transactions to the Borrower and its Affiliates.