Examples of Existing Senior Lenders in a sentence
The execution of this Assignment Agreement may not transfer a proportionate share of the Existing Senior Lender's interest in the Security in all jurisdictions.
It is the responsibility of the New Senior Lender to ascertain whether any other documents or other formalities are required to perfect a transfer of such a share in the Existing Senior Lender's Security in any jurisdiction and, if so, to arrange for execution of those documents and completion of those formalities.
GOVERNING LAW AND SUBMISSION TO JURISDICTION 4 SCHEDULE 1 6 Existing Senior Lenders 6 SCHEDULE 2 7 Restated Intercreditor Deed 7 8.
For the avoidance of doubt, it is clarified that the Purchaser shall comply with the obligations under Clause 2.8 with respect to creation of pledge on the Sale Shares in favour of the Existing Senior Lenders.
The Security Agent shall have received such discharges from the Existing Senior Lenders as it requires, each in form and substance satisfactory to the Security Agent, acting reasonably.