Debtor Parties definition
Examples of Debtor Parties in a sentence
In exchange for the Debtor's payment of the Satisfaction Amount, Creditor does immediately, completely, knowingly, and voluntarily release and forever discharge; covenant not to ▇▇▇; and waive any right to recover from the Debtor and/or the Debtor Parties to the maximum extent permitted by law for any Creditor Claims relating to actions or omissions occurring prior to the Effective Date.
The parties agree and acknowledge that receipt of the Satisfaction Amount by the Creditor represents a complete discharge of all Payment Obligations and Creditor Claims against the Debtor and/or the Debtor Parties except for Creditor's claims for indemnification under the Engagement Letter.
This Agreement shall in all respects be a continuing, absolute, unconditional and irrevocable agreement, and shall remain in full force and effect until the payment in full of all Obligations (other than contingent obligations, including but not limited to obligations of the Debtor Parties under Swap Agreements which are not yet due) satisfied in full, all obligations of all Lenders to the other Lenders hereunder shall have been satisfied in full and all Security Documents have been terminated.
None of the provisions of this Agreement shall inure to the benefit of any of the Debtor Parties or any other Person other than the Lenders; consequently, neither the Debtor Parties nor any other persons shall be entitled to rely upon, or to raise as a defense, in any manner whatsoever, the provisions of this Agreement or the failure of any Lender to comply with such provisions.
All notices, requests and demands to or upon a Party shall be in writing and sent by facsimile transmission and overnight courier, and, unless otherwise expressly provided herein, shall be deemed to have been validly served by the sending Party on the date of transmission and deemed received by the noticed Party one (1) business day after transmission, when addressed as follows: If to Debtor Parties: ▇▇▇▇▇▇ ▇.