Keep Well Agreement definition

Keep Well Agreement means either (i) if clause (ii) of this definition does not apply, the Keep Well Agreement, dated as of September 9, 2005, between the Company and HMC, or (ii) if HMC has elected to enter into a keep well agreement (substantially in the form of the keep well agreement described in clause (i) of this definition) with a successor person as permitted under “—Termination, Modification or Amendment of the Keep Well Agreement” above as a result of a transaction permitted under “—Merger, Consolidation and Transfer of Assets” above, such keep well agreement between HMC and the successor person, in each case as the same may be amended or supplemented from time to time.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Keep Well Agreement means that certain Keep Well Agreement, dated as of August 21, 2001, between the Borrower and Columbia Propane Corporation (renamed AEPI).

Keep Well Agreement means either (i) if clause (ii) of this definition does not apply, the Keep Well Agreement, dated as of September 9, 2005, between the Company and HMC, or (ii) if HMC has elected to enter into a keep well agreement (substantially in the form of the keep well agreement described in clause (i) of this definition)

Examples of Keep Well Agreement in a sentence

• This Agreement, together with the Keep Well Agreement, contains the entire understanding of the parties with respect to the subject matter hereof and thereof and supersedes all prior agreements and understandings, oral or written, with respect to such matters, which the parties acknowledge have been merged into such documents.

• Such Net Worth has been determined in a manner consistent with the definition of "Net Worth" contained in the Keep Well Agreement.

• Each such share, when issued, will have been duly authorized, issued and delivered by Finance and will be in the form of NW Preferred Stock specified in the Keep Well Agreement.

• A Keep Well Agreement shall provide for the financial support of each Borrower that has issued any Secured Note and the rights and obligations of the parties to such Keep Well Agreement thereunder shall be valid, binding and enforceable while such Secured Note is outstanding.

• Shares of NW Preferred Stock issued on the Issuance Date shall be evidenced by one or more certificates of NW Preferred Stock issued to Fuji or the Branch, as Fuji shall request not later than two Business Days after receipt by Fuji of this Certification, and shall have such terms and conditions as are set forth in the Keep Well Agreement.

More Definitions of Keep Well Agreement

Keep Well Agreement means the Keep-Well Agreement dated as of the date hereof made by Aladdin Holdings, Aladdin Bazaar Holdings, LLC and LCI Parent in respect of the Bank Financing in favor of the Bank Lenders.

Keep Well Agreement means either of them;

Keep Well Agreement means, on any date, the Keep-Well Agreement, as originally in effect on the Closing Date, by the Sponsors and ABH in favor of the Lenders substantially in the form of EXHIBIT D to the Credit Agreement and as thereafter from time to time amended, supplemented, amended and restated or otherwise modified.

Keep Well Agreement means that certain Keep-Well Agreement by Holdings, LCI and Bazaar Holdings. "LCI" shall mean London Clubs, International PLC, a company registered in England and Wales. "LEASE" shall have the meaning assigned to it in the first paragraph of the Schedule. "LEASE COMMENCEMENT DATE" shall have the meaning assigned to it in Section 2(a) of the Master Lease Agreement. "LEASE FACILITY" shall have the meaning assigned to it in Section 1(a). "LEASES" shall mean all of those leasehold estates in real property now owned or hereafter acquired by Aladdin Gaming, as lessee. "LEASE TERM" shall mean the Basic Lease Term and all available Renewal Lease Terms. "LESSEE" shall have the meaning assigned to it in the first paragraph of the Master Lease Agreement. "LESSOR" shall have the meaning given to it in the first paragraph of the Master Lease Agreement. "LIBOR RATE FUNDING" shall mean any Funding as to which the interest rate is calculated by reference to 30-Day LIBOR or 90- Day LIBOR. "LIBOR RESERVE PERCENTAGE" means, relative to any Interest Period, the reserve percentage (expressed as a decimal) equal to the maximum aggregate reserve requirements (including all basic, emergency, supplemental, marginal and other reserves and taking into account any transitional adjustments or other scheduled changes in reserve requirements) specified under regulations issued from time to time by the F.R.S. Board and then applicable to assets or liabilities consisting of or including "Eurocurrency Liabilities", as currently defined in Regulation D of the F.R.S. Board, having a term approximately equal or comparable to such Interest Period.

Keep Well Agreement means the Keep Well Agreement entered into as of September 26, 2005 between Honda and the Corporation, as the same may be amended and/or supplemented from time to time in accordance with its terms. For greater certainty, the Keep Well Agreement is not a guarantee of the Debentures.

Keep Well Agreement means any one of them as the context may require;

Keep Well Agreement means either one of them as the context may require.