Examples of IEP Units in a sentence
Notwithstanding any other provision of the Loan Documents or Collateral Documents to the contrary, any sale, transfer or other disposition of Pledged IEP Units by a Lender must be a Qualifying Disposition (other than, for the avoidance of doubt, the release of the applicable Lender’s security interest in the Pledged IEP Units).
Any or all of the provisions of Sections 5.01, 5.02 and/or 5.03 may be waived upon not less than sixty-one (61) days’ prior written notice to the Borrower and the applicable Grantors if so consented in writing by the Required Lenders (or such other requisite percentage of Lenders then required to enforce and exercise remedies against the Pledged IEP Units under the Amended and Restated Credit Agreement and the Intercreditor/Agreement Among Lenders).