Examples of Interim Financing Term Sheet in a sentence
In the case of a conflict between the provisions contained in the text of this Agreement, the Restructuring Term Sheet and Interim Financing Term Sheet, the terms of this Agreement shall govern.
The indemnities granted under this Interim Financing Term Sheet shall survive any termination of the Interim Facility.
Any counterpart of this Amended and Restated Interim Financing Term Sheet can be executed and delivered by any manner of direct electronic transmission including without limitation “pdf email” or “DocuSign”, each of which shall be deemed to be an original hereof.
Pursuant to the terms of the Interim Financing Term Sheet, all amounts owing to the Interim Lender are due and payable on April 15, 2015.
This Amended and Restated Interim Financing Term Sheet shall begoverned by and construed in accordance with the laws of theProvince of British Columbia and the federal laws of Canada applicable therein.
The rights and remedies of the Interim Lender under this Amended and Restated Interim Financing Term Sheet are cumulative and are in addition to and not in substitution for any other rights and remedies available at law or in equity or otherwise, including under the CCAA or any other Applicable Law.
Furthermore, in the event that the surety provides the principal with interim or “look-see” financing, the surety, the principal and the indemnitors will execute an Interim Financing Term Sheet or other such agreement that sets forth the understandings of the parties with respect to any such interim financing.
The Credit Parties shall, at their expense, fromtime to time do, execute and deliver, or will cause to be done, executed and delivered, all such further acts, documents (including, without limitation, certificates, declarations, affidavits, reports and opinions) and things as the Interim Lender may reasonably request for the purpose of giving effect to this Interim Financing Term Sheet.
For greater certainty, all payments on account of principal and interest to be made by the Borrowers to Romspen in accordance with this Interim Financing Term Sheet shall be made to Romspen to such account as directed inwriting by Romspen to the Borrower from time to time.
Upon the occurrence of an Event of Default and subject to the Court Orders, the Interim Lender may, in its sole and absolute discretion, elect to terminate their respectiveits commitments to make Interim Advances to the Borrower hereunder and declare all Interim Financing Obligations in respect of this Amended and Restated Interim Financing Term Sheet to be immediately due and payable and cease makingto make any further Interim Advances.