Examples of Diamond Resorts Party in a sentence
Since the end of Diamond Resorts Parent, LLC’s most recent, audited fiscal year, there has been no Material Adverse Effect with respect to any Diamond Resorts Party.
Each Diamond Resorts Party agrees to provide such evidence as the Administrative Agent or any Lender shall reasonably request as to the perfection and priority status of each such security interest and Lien.
Nothing in this paragraph shall limit or otherwise affect the liability of any Diamond Resorts Party with respect to any amounts owing by a Diamond Resorts Party, respectively, hereunder or the right of the Administrative Agent or any Lender to enforce such liability against any Diamond Resorts Party, respectively, or any of its respective assets.
Since the end of Holdings’ most recent, audited fiscal year, there has been no Material Adverse Effect with respect to any Diamond Resorts Party.
Each of the Transaction Documents required to be executed and delivered on or prior to the Closing Date has been duly executed and delivered by each of the Diamond Resorts Parties which is a party thereto and constitutes, and each other Transaction Document when executed and delivered by each Diamond Resorts Party thereto will constitute, a legal, valid and binding obligation of such Diamond Resorts Party enforceable against such Diamond Resorts Party in accordance with its terms.
To the knowledge of each Diamond Resorts Party, no third party has interfered with, infringed upon, misappropriated, or otherwise come into conflict with any intellectual property rights of a Diamond Resorts Entity with respect to the ATLAS software application.
In addition, from time to time, each Diamond Resorts Party will, at its cost and expense (and will cause the other Diamond Resorts Parties to), promptly secure the Obligations by pledging or creating, or causing to be pledged or created, perfected security interests with respect to the Collateral.
The Lenders acknowledge that, pursuant to such activities, Capital One, National Association or its Affiliates may receive information regarding any Diamond Resorts Party, or their respective Affiliates (including information that may be subject to confidentiality obligations in Diamond – Loan Agreement #39705641 favor of such Person) and acknowledge that the Administrative Agent shall be under no obligation to provide such information to them.
Schedule 4.1(s) sets forth a complete and accurate list as of the Closing Date of all deposit, checking and other bank accounts maintained by each Diamond Resorts Party into which proceeds of the Timeshare Loans are deposited or credited, together with a description thereof (i.e., the bank or broker dealer at which such deposit or other account is maintained and the account number and the purpose thereof).
Tests were conducted on a dataset of a WorldView-2 image of Sa˜o Jose´ dos Campos city, in Brazil.