Examples of Fiber Supply Agreement in a sentence
The Loan Parties shall not fail to cause their account debtors and other Persons owing money to them to deposit or credit the same into either (a) in the case of account debtors and other Persons under the Master Stumpage Agreement, in the Revenue Account, or (b) in the case of account debtors and other Persons under the Fiber Supply Agreement, in the CatchMark TRS Subsidiary Account, or (c) in the case of all other account debtors and other Persons, a Pledged Account.
During the Cure Period, MW shall not be permitted to terminate the Fiber Supply Agreement, but shall be permitted to exercise any other right or remedy available to it under the Fiber Supply Agreement, including the rights and remedies set forth in Section 7.2 of the Fiber Supply Agreement.
MW shall accept performance and enforcement of the Supplier’s obligations and rights under the Fiber Supply Agreement by the Lenders and their assigns and designees.
Notwithstanding any terms of any agreement, including, without limitation, the assignment and substitution rights provided to MW under Section 10.2 of the Fiber Supply Agreement, MW and/ or the Parent shall not, without the prior written consent of the Lenders, which consent may be withheld by the Lenders in their sole discretion, assign or delegate to, or cause to be assumed by, any other party any of the rights or responsibilities of MW and/or the Parent under the Fiber Supply Agreement.
The CatchMark TRS Subsidiary Account has been established and is being maintained by CatchMark TRS Subsidiary, proper notice of the same has been provided to the parties to the Fiber Supply Agreement, and all amounts payable to CatchMark TRS Subsidiary under the Fiber Supply Agreement are being deposited in or credited to the CatchMark TRS Subsidiary Account.
Long-Term Fiber Supply Agreement dated on or about July 1, 2008 by and between MeadWestvaco Forestry, LLC and KapStone Charleston Kraft LLC.
Each of the Borrower, CatchMark TRS Subsidiary and each other Loan Party acknowledges and confirms that, pursuant to the terms of this Agreement and the Fiber Supply Agreement, CatchMark TRS Subsidiary has and will give proper notice of the CatchMark TRS Subsidiary Account to the parties to the Fiber Supply Agreement.
In the event that the Fiber Supply Agreement is terminated due to Corning's breach, Corning's obligation not to license third parties shall terminate four years after the Asset Purchase Closing.
The Loan Parties other than CatchMark Timber shall not fail to cause their account debtors and other Persons owing money to them to deposit the same into either (a) in the case of account debtors and other Persons under the Master Stumpage Agreement, in the Revenue Account, or (b) in the case of account debtors and other Persons under the Fiber Supply Agreement, in the CatchMark TRS Subsidiary Account, or (c) in the case of all other account debtors and other Persons, a Pledged Account.
Each of the Borrowers, CatchMark TRS Subsidiary and each other Loan Party acknowledges and confirms that, on or before the date hereof and pursuant to the terms of this Agreement and the Fiber Supply Agreement, CatchMark TRS Subsidiary has and will give proper notice of the CatchMark TRS Subsidiary Account to the parties to the Fiber Supply Agreement.