Examples of Lender Objection in a sentence
Litig., 524 F.3d 458, 474 (4th Cir.2008) (noting that “[a] condition precedent is either an act of a party that must be performed or a certain event that must happen before a contractual right accrues or contractual duty arises”) (citations and quotations omitted)).) According to the Lender Group, “all” Trigger Events are merely conditions and that failing to perform is “simply not a breach.” (Lender Objection ¶ 57 (citing In re Hawker Beechcraft, Inc., 486 B.R. 264, 276 (Bankr.
In the event that the Project Lender objects to a Draw Request submitted to Lender by Owner pursuant to clause (i) of this subparagraph (a “Project Lender Objection”), then South Bay shall submit a revised Draw Request to Owner within ten (10) days of receipt of notice of such Project Lender Objection and in such event the review procedure described above in clauses (i) and (ii) of this subparagraph shall apply with respect to such Draw Request.
In the event that the Company and the Administrative Agent receive a Lender Objection Notice with respect to such Foreign Subsidiary that has not been withdrawn by the applicable Objecting Lender, the Borrower may not deliver a Subsidiary Borrower Designation with respect to such Foreign Subsidiary Borrower under paragraph (b) of this Section.
The label feature represents the first position in a concordance line.
The Secured Lender asserts that because the Plan Administrator will have “‘all of the powers and rights of a Trustee or debtor-in-possession permitted under the Bankruptcy Code’ and is further allowed to exercise such powers standing in the shoes of the Debtor,” including the ability to propose settlements under section 9019, the Plan Administrator has an “inequitable” monopoly over the resolution of disputes to the exclusion of Mr. Sohn.” See Secured Lender Objection, Dkt.
In the event that the Company and the Administrative Agent receive a Lender Objection Notice with respect to such Non-U.S. Subsidiary that has not been withdrawn by the applicable Objecting Lender, the Company may not deliver a Subsidiary Borrower Designation with respect to such Non-U.S. Subsidiary Borrower under paragraph (b) of this Section.
In accordance with this Court’s April 9, 2008 Memorandum Decision and Order, the Original Lender Objection is overruled and the administrative expense claims asserted by the original lenders in the Original Lender Objection are estimated at zero dollars ($0) for all purposes relating to the Plan and confirmation thereof, including the establishment of any reserve for administrative expenses in connection with the Plan.