Examples of Kansas Assets in a sentence
At the First Closing, Seller will deliver the Kansas Assets to Purchaser free of liens, encumbrances, and clouds on title.
If no further funding is received from WG for the remainder of 2020-21, a contribution will be made from the Public Realm budget within the Communities Directorate towards this (see section 4.3.3).
Cause all revenues, profits, payments and proceeds from or with respect to the Kansas Assets to be paid directly to a Collateral Account (and to the extent any such revenues, profits or proceeds are not paid directly to a Collateral Account, cause such asset to be promptly deposited into a Collateral Account).
The Loan Parties each covenant and agree to take such further actions, and execute and deliver to the Administrative Agent such additional assignments, agreements, supplements, powers and instruments, as the Administrative Agent may in its reasonable judgment deem necessary or desirable in order to create, perfect, preserve and protect the security interest in the Kansas Assets until the Obligations are, or are deemed to be, paid in full.
The parties hereto acknowledge and agree that it is the intention of the parties for (a) Administrative Agent to have a perfected, first priority Lien (subject to Permitted Liens) on all Kansas Assets until the Obligations are, or are deemed to be, paid in full, and (b) the Collateral to not include any assets other than the Kansas Assets.
If an Event of Default has occurred, and continues to occur three Business Days after Administrative Agent has provided written notice of such Event of Default to Borrowers, upon the request of Administrative Agent, assign all of the Kansas Assets to Administrative Agent or its assignee.
SECURITY AGREEMENT, as amended by the Original Borrowers Security Agreement Amendment and the Supplemental Borrowers Security Agreement Amendment, granting Administrative Agent a first priority security interest in all of the personal property of Borrowers (other than Kansas Holdings) and Parent that constitute Kansas Assets, and all products and proceeds thereof.
The Company continues to keep its legacy Kansas Assets on a care and maintenance regime whilst the bankruptcy proceedings are ongoing.
This Guaranty shall terminate on the earlier of (a) the time that the Loan has been indefeasibly paid in full in cash and all obligations of Borrowers under the Loan Documents have been satisfied in cash, or (b) the date that is six (6) months after date that the Kansas Assets are assigned to Agent or its assignee under the Loan Documents.
T he IPCC was jointly established by the world meteorological organization and the United Nations Environment Programme in 1988.