Examples of Existing Financings in a sentence
The Option granted by this Agreement and the rights of the Operating Partnership hereunder are and shall be subordinate to any Existing Financings and New Financings.
The Option granted by this Agreement and the rights of Kite Realty hereunder are and shall be subordinate to any Existing Financings and New Financings.
Each Member covenants and agrees not to encumber such Member’s Interests during the Option Term except in connection with the Existing Financings and the New Financings.
The Company is not in default under any of the Existing Financings and no event has occurred that, but for the passage of time or giving of notice, or both, would constitute a default under the Existing Financing Documents.
No lender or agent of the lenders under any of the Existing Financing Documents shall have provided valid written notice to the Company of any material default under any such Existing Financing Document that is not capable of being cured or for which no remaining cure period exists, and the amendments to the Existing Financings specified on Section 6.2(d) of the Company Disclosure Letter (the "Amendments") shall be in full force and effect.