Examples of Junior Participation Agreement in a sentence
To facilitate the transaction, T-Mobile and the Prepetition Lender entered into that certain Junior Participation Agreement dated January 29, 2021, whereby T-Mobile purchased a “last-out” participation interest in certain “Bridge Loans” extended by the Prepetition Lender to the Debtors under the Prepetition Loan Facility.
The Loan Documents (including, without limitation, the Credit Agreement and the ABL Collateral Agreement), the Supplemental Loan Junior Participation Agreement, and each term set forth therein are approved to the extent necessary to implement the terms and provisions of this Final Order.
Neither this Agreement nor the Investors' Rights Agreement, nor any other statements or certificates made or delivered in connection herewith or therewith contains any untrue statement of a material fact or omits to state a material fact necessary to make the statements herein or therein not misleading.
RELEASOR and RELEASEE entered into a certain Amended and Restated Junior Participation Agreement dated as of February 7, 1996, as restated, supplemented or otherwise modified from time to time (the "Junior Participation Agreement") pursuant to which the RELEASOR acquired a junior participation interest in certain loans and advances made and to be made by Releasee to Business Loan Center, Business Loan Center, Inc.
A copy of the notice regarding the Existing Default shall be provided to Renco Group by a Borrower if such notice is given by a Borrower to Agent, and if such notice is delivered by a Lender to Agent, Agent shall use best efforts to provide a copy to Renco Group; provided, that, the failure of Agent to provide such notice shall not affect any of the obligations or liabilities of Borrowers hereunder or Renco Group under the Renco Junior Participation Agreement.