Examples of FF&E Lender in a sentence
Pursuant to the FF&E Settlement Agreement and the Plan, on the Effective Date, the FF&E Lender shall be deemed to release its Liens, Claims and encumbrances evidenced by the FF&E Loan Documents (subject to the immediately preceding sentence).
In full satisfaction of the Allowed Class 4 Claim, and pursuant to the terms of the FF&E Settlement Agreement, on the Effective Date, the Debtor shall pay the FF&E Lender cash in the amount of $11,000,000, less any monthly payments made to the FF&E Lender during the Case in excess of the $5,000,000 paid to the FF&E Lender during the Case as of May 1, 2004.
The Debtor, the FF&E Lender, and the objecting parties agreed to proceed with the matter by way of an adversary proceeding and the matter was converted to an adversary proceeding.
On or about February 19, 2003, the Debtor and the FF&E Lender entered into an agreement pursuant to which all issues between the Debtor and the FF&E Lender concerning the amount and priority of the FF&E Lender's Claim and the treatment of such Claim under a plan were resolved.
The Company entered into a commitment letter with the FF&E Lender for provision of the FF&E Financing.
Pledgor agrees that its indemnity of Secured Party and each FF&E Lender set forth in the Disbursement Agreement and the FF&E Facility Agreement shall apply, subject to the terms thereof, to any and all claims, losses and liabilities in any way relating to, growing out of or resulting from this Agreement and the transactions contemplated hereby (including enforcement of this Agreement).
To that end, the Debtor and/or Ad Hoc Committee have executed agreements with: (i) the FF&E Lender, (ii) Hyatt, and (iii) the Creditors' Committee regarding the treatment that these creditors will receive under the Plan.
Pursuant to the terms of the Belding Agreement, commencing in July 2003, the FF&E Lender has received payments of $500,000 per month for total payments during the Case, as of May 1, 2004, in the amount of $5,000,000.
Belding (the "FF&E Lender") entered into an Assignment, Assumption and Consent Agreement, pursuant to which Wells Fargo assigned one hundred percent (100%) of its interest in the FF&E Loan to the FF&E Lender.
The Belding Agreement provided, among other things, that the FF&E Lender would receive payments of up to $500,000 per month during the Case and would be paid certain amounts in connection with confirmation of a plan.