Examples of Credit Party in a sentence
It is understood and agreed that the applicable Credit Party shall provide the documentation described in clauses (a)(i), (a)(ii) and (a)(iii) above to the Collateral Agent no later than 45 days prior to the 120 day deadline to deliver each applicable Mortgage set forth in this Section 9.14.
No Agent shall be under any obligation to any other Secured Party to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Credit Document, or to inspect the properties, books or records of any Credit Party or any Affiliate thereof.
The acceptance of the benefits of each Credit Event in respect of Revolving Credit Loans and each Revolving Letter of Credit shall constitute a representation and warranty by each Credit Party to each of the Lenders that all the applicable conditions specified in this Section 7 have been satisfied or waived as of that time to the extent required by this Section 7.
Each Credit Party has the corporate or other organizational power and authority to execute, deliver and carry out the terms and provisions of the Credit Documents to which it is a party and has taken all necessary corporate or other organizational action to authorize the execution, delivery and performance of the Credit Documents to which it is a party.
The Administrative Agent shall have received a certificate of the Credit Parties, dated the Closing Date, in respect of the conditions set forth in Sections 6.7, 6.8 and 6.9, substantially in the form of Exhibit D, with appropriate insertions, executed by an Authorized Officer of each Credit Party, and attaching the documents referred to in Section 6.5.