Interep Acquisition Collateral Assignment means the Collateral Assignment of Acquisition Documents, in form and substance satisfactory to the Administrative Agent, made by Mondee Brazil and the Parent in favor of the Administrative Agent.
Interep Acquisition Collateral Assignment means the Collateral Assignment of Acquisition Documents, in form and substance satisfactory to the Administrative Agent, made by Mondee Brazil and the Parent in favor of the Administrative Agent. “Interep Acquisition Documents” means the Interep Acquisition Agreement and all other agreements, instruments and other documents related thereto or executed in connection therewith. “Interep Earnout Obligations” means, collectively, the deferred payment obligations contemplated to be paid pursuant to Section 4.3 of the Interep Acquisition Agreement (as in effect on the Amendment No. 11 Effective Date) in an aggregate amount not to exceed $720,000 during the term of this Agreement and the Earnout Obligations contemplated to
Interep Acquisition Collateral Assignment means the Collateral Assignment of Acquisition Documents, in form and substance satisfactory to the Administrative Agent, made by Mondee Brazil and the Parent in favor of the Administrative Agent. “Interep Acquisition Documents” means the Interep Acquisition Agreement and all other agreements, instruments and other documents related thereto or executed in connection therewith. “Interep Earnout Obligations” means, collectively, the deferred payment obligations contemplated to be paid pursuant to Section 4.3 of the Interep Acquisition Agreement (as in effect on the Amendment No. 11 Effective Date) in an aggregate amount not to exceed $720,000 during the term of this Agreement and the Earnout Obligations contemplated to be paid pursuant to Section 4.4 of the Interep Acquisition Agreement (as in effect on the Amendment No. 11 Effective Date) in an aggregate amount not to exceed $3,000,000 during the term of this Agreement. “Intercompany Subordination Agreement” means an Intercompany Subordination Agreement made by the Parent and its Subsidiaries in favor of the Administrative Agent for the benefit of the Secured Parties, in form and substance reasonably satisfactory to the Administrative Agent. “Interest Period” means, with respect to each SOFR Loan, (a) with an initial period commencing on the date of the making of such SOFR Loan (or the continuation of a SOFR Loan or the conversion of a Reference Rate Loan to a SOFR Loan) and ending 1 or 3 months thereafter, as elected by the Administrative Borrower, and (b) thereafter with a period commencing on the date of the making of such SOFR Loan (or the continuation of a SOFR Loan or the conversion of a Reference Loan to a SOFR Loan) and ending 1 or 3 months thereafter, as elected by the Administrative Borrower; provided, however, that (i) if any Interest Period would end on a day that is not a Business Day, such Interest Period shall be extended (subject to clauses (iii)-(v) below) to the next succeeding Business Day, (ii) interest shall accrue at the applicable rate based upon the Adjusted Term SOFR from and including the first day of each Interest Period to, but excluding, the day on which any Interest Period expires, (iii) any Interest Period that would end on a day that is not a Business Day shall be extended to the next