Examples of Enstar Partnership in a sentence
If the Company or any Borrowing Enstar Partnership enters into any transaction pursuant to which the Company or any Borrowing Enstar Partnership incurs Indebtedness, the Company shall promptly notify the Agents of the amount of such Indebtedness.
The Company shall not, and shall not suffer or permit any Subsidiary to, use any portion of the Loan proceeds, directly or indirectly, for any purpose other than to finance the Enstar Partnership Loans on the terms and conditions set forth in the Enstar Partnership Loan Agreements.
The Company shall not, without the consent of the Majority Banks, amend, supplement, restate or otherwise modify, or waive or consent to any departure from, any Enstar Partnership Loan Agreement or any provision thereof.
The Company shall use the proceeds of the Loans to finance the Enstar Partnership Loans in accordance with Section 7.07 and not in contravention of any Requirement of Law.
The Company shall enforce each Enstar Partnership Loan Agreement in accordance with its terms.
Any Default or Event of Default shall have occurred under and as defined in any Enstar Partnership Loan Agreement.
Upon the making of any mandatory prepayment under this Section 2.07 (other than in connection with an optional prepayment of an Enstar Partnership Loan), the Commitment of each Bank shall automatically be reduced by an amount equal to such Bank's ratable share of the aggregate of principal repaid, effective as of the earlier of the date that such prepayment is made or the date by which such 28 80 prepayment is due and payable hereunder.
Upon the making of any mandatory prepayment under this Section 2.07 (other than in connection with an optional prepayment of an Enstar Partnership Loan), the Commitment of each Bank shall automatically be reduced by an amount equal to such Bank's ratable share of the aggregate of principal repaid, effective as of the earlier of the date that such prepayment is made or the date by which such 28 84 prepayment is due and payable hereunder.