Examples of Credit Secured Parties in a sentence
CIT BUSINESS CREDIT CANADA INC., as ABL Agent for and on behalf of the ABL Secured Parties By: Name: Title: By: Name: Title: Address for Notices: Xxxxx 000 000 Xxxxx’x Xxxx Xxxx Xxxxxxx, Xxxxxxx X0X 0X0 Attention: Facsimile: (000) 000-0000 1685970 ONTARIO INC., as Term Agent for and on behalf of the Term Credit Secured Parties By: Name: Title: By: Name: Title: Address for Notices: c/o Tricap Bridge Lending Fund Inc.
This is a continuing agreement and the ABL Secured Parties and the Term Credit Secured Parties may continue, at any time and without notice to the other parties hereto, to extend credit and other financial accommodations, lend monies and provide indebtedness to, or for the benefit of, the Credit Parties in reliance hereon.
Without limiting the rights granted in this Section, the Revolving Credit Agent and the Revolving Credit Secured Parties shall cooperate with the Non- ABL Controlling Agent in connection with any efforts made by it to sell the Non-ABL Collateral.
The Revolving Credit Agent, for itself and on behalf of the Revolving Credit Secured Parties, hereby irrevocably waives any defense based on the adequacy of a remedy at law and any other defense which might be asserted to bar the remedy of specific performance in any action which may be brought by the Term Loan Agent.
In the first scene Peter confesses Jesus and objects when Jesus proclaims that he and his followers must suffer; in the second scene Jesus confesses himself and as a result suffers while Peter denies Jesus.
The consent by the Term Loan Secured Parties to the execution and delivery of the Revolving Credit Documents and the grant to the Revolving Credit Agent on behalf of the Revolving Credit Secured Parties of a Lien on the Collateral and all loans and other extensions of credit made or deemed made on and after the date hereof by the Term Loan Secured Parties to any Grantor shall be deemed to have been given and made in reliance upon this Agreement.
In connection with any transfer described herein to Revolving Credit Agent, the Term Loan Agent agrees to take reasonable actions in its power (with all costs arid expenses in connection therewith to be for the account of the Revolving Credit Agent and to be paid by Borrower) as shall be reasonably requested by the Revolving Credit Agent to permit the Revolving Credit Agent to obtain, for the benefit of the Revolving Credit Secured Parties, a first priority security interest in the Control Collateral.
Neither the Term Loan Agent nor any of the other Term Loan Secured Parties shall have any duty to the Revolving Credit Agent or any of the other Revolving Credit Secured Parties to act or refrain form acting in a manner which allows, or results in, the occurrence or continuance of an event of default or default under any agreements (other than this Agreement) with any Grantor (including the Revolving Credit Documents), regardless of any knowledge thereof which they may have or be charged with.
The consent by the Revolving Credit Secured Parties to the execution and delivery of the Term Loan Documents and the grant to the Term Loan Agent on behalf of the Term Loan Secured Parties of a Lien on the Collateral and all loans and other extensions of credit made or deemed made on and after the date hereof by the Revolving Credit Secured Parties to any Grantor shall be deemed to have been given and made in reliance upon this Agreement.
Any costs reasonably incurred by any Agent (other than the Revolving Credit Agent) or its Related Secured Parties by virtue of such removal and storage shall be paid by the Revolving Credit Secured Parties (but with the Grantors’ reimbursement and indemnity obligation with respect thereto, as provided in the Revolving Credit Documents, which shall not be limited hereby).