Examples of Fund Group Event of Default in a sentence
Provided there exists no Fund Group Event of Default or Fund Group Potential Default, and subject to compliance with the terms of this Section 2.15, with the written consent of the Administrative Agent, such consent to be given in its sole and absolute discretion, the Borrowers may increase the Maximum Commitment to an agreed upon amount.
If a Fund Group Event of Default has occurred and is continuing with respect to such Fund Group, then (in lieu of the interest rate provided in Section 2.6(a) above) all Obligations of such Fund Group shall bear interest, after as well as before judgment, at the Default Rate.
At all times when a Fund Group Event of Default has occurred and is continuing with respect to any Credit Party’s Fund Group and any Investor of such Fund Group has failed to fund any Capital Contribution to such Fund Group when due or otherwise defaulted on any of its obligations to any Credit Party in such Fund Group, then such Credit Party shall exercise its available remedies as to such Investor only with the written consent of the Administrative Agent, at the direction of the Required Lenders.
Suggestions were given to prepare teachers of why they should remain in the union, i.e. info cards like ConCon; send out a blurb on union history or facts on what your union has done for you as a teacher sending out one a week online.
So long as no Fund Group Event of Default has occurred and is continuing with respect to a Fund Group, all payments made on the Obligations of such Fund Group shall be applied as directed by the Borrowers of such Fund Group.
No event has occurred and is continuing which constitutes a Fund Group Event of Default or, to the knowledge of the Responsible Officers of such Credit Party, a Fund Group Potential Default with respect to such Credit Party’s Fund Group.
A request of the Borrowers in a Fund Group for a Conversion of a Reference Rate Loan to a SOFR Loan is subject to the condition that no Fund Group Event of Default or Fund Group Potential Default in respect of such Fund Group exists at the time of such request or after giving effect to such Conversion.
While a Fund Group Event of Default in respect of such Fund Group is continuing, accrued and unpaid default interest on the accruing Obligations of such Fund Group shall be due and payable in arrears on demand by the Administrative Agent.
CSG (11R), CSS (23R) , Commerzbank (12R), and BANA (21R) dispute subject matter jurisdiction but not personal jurisdiction.