Examples of Financier in a sentence
Licensor acknowledges that Licensee is required, pursuant to pre-existing loan agreements (the “Loan Agreements”) with certain financiers (the “Financiers”), to grant the Financiers a security interest over Licensee’s rights in this Agreement and that under the terms of the Loan Agreements a Financier or its designated representative will be entitled to enforce the security interest in the event an event of default subsists under one of the Loan Agreements.
In the event any Financier or any of the Financiers’ representatives seek to enforce any security interest in this Agreement or transfer any rights under this Agreement to any third-party or if, for any reason, any third-party seeks to have this Agreement or any rights under this Agreement assigned to it, then such event shall be a Licensee Event of Default for purposes of Section 17.1.