Examples of ESOP Loan Documents in a sentence
This Security Agreement, together with the Credit Agreement and other Loan Documents and ESOP Loan Documents, constitute and express the entire understanding between the parties hereto with respect to the subject matter hereof, and supersede all prior agreements and understandings, inducements, commitments or conditions, express or implied, oral or written, except as herein contained.
So long as no Event of Default shall have occurred and be continuing, Pledgor may (to the extent not inconsistent with the provisions of the Loan Documents or the ESOP Loan Documents) (i) sell, transfer or dispose of any asset owned by it or (ii) collect or compromise Accounts and General Intangibles in the ordinary course of business in any lawful manner.
No failure or delay by the Company in exercising any right, power or privilege under or in respect of any of the 2000 Modified ESOP Loan Documents shall affect the rights, powers or privileges hereunder or shall operate as a limitation or waiver thereof.
If the Guarantor fails to satisfy in full its obligations to the Bank under this Section 2.08 on the Purchase Date, the Bank may thereupon exercise any or all rights, remedies and powers available to it hereunder, under the other ESOP Loan Documents, the Security Agreements, or the Subsidiary Guaranties, at law and in equity.
All representations and warranties made by the Trust in any of the 2000 Modified ESOP Loan Documents, or in any document delivered in connection herewith or therewith shall survive the execution of this Agreement and the 2000 Modified ESOP Loan Documents.
The execution, delivery and performance of the ESOP Loan Documents by the Trustee on behalf of the Trust and the consummation of the transactions contemplated therein do not and will not constitute or result in the breach of any provision of, or constitute a default under, the ESOP or any agreement, indenture or other instrument known to the Trustee or to which the Trust is a party or by which it or its assets may be bound.
The Trustee has full power and authority under the Plan to sign and deliver this Agreement, the ESOP Notes, and the Stock Pledge Agreement (the "ESOP Loan Documents") and to consummate the transactions contemplated by the ESOP Loan Documents.
The Lenders authorize the Agent to confirm in writing (in the form of a release or otherwise, as the Agent may determine) that the GECC Equipment and the proceeds thereof do not constitute Collateral and to release the Agent's Lien on the Mail-Well ESOP Loan Documents, the Equipment Lease Facility Equipment and, concurrently with each transfer of such Receivables to MTRC in accordance with the terms and provisions of the Accounts Receivable Securitization Facility Documents, the Receivables.
This Guaranty and the other ESOP Loan Documents shall completely and fully supersede all prior undertakings or agreements, both written and oral, between the Guarantor and the Bank relating to the subject matter hereof and thereof, including those contained in any commitment letter between the Bank and the Guarantor executed in anticipation of the issuance of the making of the Loan.
The execution, delivery and performance by the Trustees, as Trustees under the Trust Agreement and on behalf of the Trust, of this Agreement, the ESOP Loan Documents to which the Trust is a party and the Stock Purchase Agreement do not materially violate any provision of ERISA or the Code.