Examples of Debt Instrument in a sentence
The Corporation is not in violation, breach or default, and has not received any notification from any party claiming that the Corporation is in violation, breach or default, under any Material Agreement or Debt Instrument and no other party, to the knowledge of the Corporation, is in breach, violation or default of any term under any Material Agreement or Debt Instrument.
There is not, in the constating documents (or equivalent organizational or governing documents) or in any Material Agreement, Debt Instrument, or other instrument or document to which the Corporation is a party or otherwise bound, any restriction upon or impediment to, the declaration of dividends by the directors of the Corporation or the payment of dividends by the Corporation to the holders of the Common Shares.
Other than pursuant to or contemplated by the Strategic Agreements, the Firefly Loan and the Organa Brands Loan, the Corporation it not party to any Debt Instrument or any agreement, contract or commitment to create, assume or issue any debt instrument and the Corporation has not made any loans to, or guaranteed the obligations of, any Person.
Other than pursuant to or contemplated by the Strategic Agreements, the Corporation is not a party to any Debt Instrument or has any material loans or other indebtedness outstanding which has been made to any of its shareholders, officers, directors or employees, past or present, or any Person not dealing at arm’s length with the Corporation.
The Corporation has performed all obligations (including payment obligations) in a timely manner under, and are in compliance with all terms and conditions contained in each Material Agreement and Debt Instrument.