Examples of Existing Instrument in a sentence
Customer agrees that it will not use any such Existing Instrument for a prohibited use.
Each of the relevant PRC Subsidiaries has full power, authority and legal right to enter into, execute, adopt, assume, issue, deliver and perform their respective obligations, in all material respects, under each of the PRC Agreements and any Existing Instrument under which the relevant PRC Subsidiaries are parties.
Each of the relevant PRC Subsidiaries has full power, authority and legal right to enter into, execute, adopt, assume, issue, deliver and perform their respective obligations, in all material respects, under any Existing Instrument under which the relevant PRC Subsidiaries are parties.
The Transaction Entities shall provide the Purchasers promptly, and in any event within 30 days after a Responsible Officer has received a written notice of any breach or non-performance of, or any default under, an Existing Instrument of the Transaction Entities that has resulted or would reasonably be expected to result in a Material Adverse Effect.
As used herein, a “Debt Repayment Triggering Event” means any event or condition which gives, or with the giving of notice or lapse of time would give, the holder of any note, debenture or other evidence of an Existing Instrument (or any person acting on such holder’s behalf) the right to require the repurchase, redemption or repayment of all or a portion of such indebtedness by the Company or any of its subsidiaries.