ICF Entity definition
Examples of ICF Entity in a sentence
Each Borrower will, and will cause each other ICF Entity to, promptly pay and discharge when due all federal, state and other governmental taxes, assessments, fees and charges imposed upon it, or upon any of its properties or assets, except to the extent that the non-payment thereof will not result in the execution of any tax lien or otherwise jeopardize the Administrative Agent's or the Lenders' interest in or the value of any Collateral.
No ICF Entity is in default with respect to any order, writ, injunction or decree of any court, governmental authority or arbitration board or tribunal.
With each submission of information to the Administrative Agent or any Lender by the internet, each Borrower certifies, on its own behalf and on behalf of each other ICF Entity, that such information provided is true, correct and complete as represented.
Each ICF Entity is the sole legal and beneficial owner of all assets owned or purported to be owned by it, free and clear of all liens, claims and encumbrances of any nature, except for the Permitted Liens and other liens expressly permitted by the terms and provisions of this Agreement.
In no event shall the LC Issuer be liable to any ICF Entity for any indirect, consequential, incidental, punitive, exemplary or special damages or expenses (including attorneys' fees), or for any damages resulting from any change in the value of any property relating to a Letter of Credit.
Suffer or permit any change to the Fiscal Year of any ICF Entity or, subject to The Interpretive Provisions Section of this Agreement, the accounting methods of any ICF Entity.
No ICF Entity is in default of any obligation, covenant or condition contained in any Material Contract which could reasonably be expected to have a Material Adverse Effect.
The obligation of the Administrative Agent and each Lender to make Equalization Payments shall not be affected by a bankruptcy filing by any ICF Entity, the occurrence of any Event of Default or any other act, occurrence or event whatsoever, whether the same occurs before, on or after the date on which an Equalization Payment is required to be made.
The Borrowers, on their own behalf and on behalf of each other ICF Entity, the Administrative Agent and the Lenders agree that the electronic reporting of certain information authorized herein shall constitute an agreement under the Uniform Electronic Transfer Act (the "Electronic Transfer Act"), in effect in the Commonwealth of Virginia; and any dispute or controversy relating to such reporting shall be interpreted in accordance with the provisions of the Electronic Transfer Act.
Neither the Administrative Agent nor any Lender assumes liability for the unauthorized or inadvertent access, use or disclosure of Required Information should such disclosure occur by error in transmission by any ICF Entity or reply thereto by the Administrative Agent or any Lender or otherwise.