Examples of Existing Affiliate in a sentence
The restrictions contained in the foregoing sentence shall not apply to any payments made under the Existing Affiliate Contracts.
Existing Affiliate Organizations that cannot consistently sustain girls’ teams’ season to season may consider joining with another Affiliate Organization in close geographic proximity to create a new Girls Affiliate Organization, but only under the approval, supervision, and guidance of the Girls Committee.
The Corporation will earn no commission with respect to the Sales Revenue of an Existing Affiliate unless such Existing Affiliate enters into a written modification of its existing agreements with MTC pursuant to which such Existing Affiliate agrees to (y) use the Affiliate Support Services provided by the Corporation, and (z) modify its commission schedule with MTC.
Notwithstanding any contrary or inconsistent provision contained in this Agreement or any of the other Loan Documents, Lender hereby consents to the Existing Affiliate Contracts and acknowledges that the existence and continuing effectiveness of the foregoing agreements (and either of them) does not and shall not constitute a default, Default or Event of Default under the provisions of this Agreement or any other Loan Document.
The following new Schedules are hereby added to the Credit Agreement, each to read in its entirety as set forth in the corresponding Schedule to the Borrower Supplemental Agreement: Schedule 1.1(C) (Unrestricted Subsidiaries); Schedule 4.15 (Subsidiaries); Schedule 7.1 (Existing Liens); Schedule 7.2 (Existing Investments); Schedule 7.3 (Existing Indebtedness); Schedule 7.8 (Existing Affiliate Transactions); and Schedule 7.9 (Existing Burdensome Agreements).