Examples of Lender Option in a sentence
In the circumstances described in this Section 5.3, unless and until the Loan Amount has been fully repaid to the Lender, or otherwise converted to securities of the Series, the Lender Option shall be exercisable once during each 12-month period following the Cut Off Date.
Vu agrees that, if any portion of this release is found to be unenforceable, the remainder of the release will remain enforceable.
Xxxxxx Re: Loan and Security Agreement dated as of February 5, 1999 (as amended, amended and restated or otherwise modified from time to time, the "LOAN AND SECURITY AGREEMENT") among BankAmerica Business Credit, Inc., as the Lender, Option Care, Inc., individually and as the Borrowers' Agent, and Option Care, Inc.
Option Holder and AEW New Lender ----------------------------------------------------------- It is acknowledged and agreed that as of the date hereof, PTLP is Second Lender, Option Holder and AEW New Lender.
AEW, Second Lender, Option Holder, Sears and ST hereby assign and set over to First Lender all right, title and interest in and to any amounts recoverable by any of them in derogation hereof, with the full right to demand, collect and apply the same in accordance with Section 6 of this Agreement at any time and from time to time at the election of First Lender.
In order to facilitate a Refinancing, First Lender, Second Lender, AEW New Lender, Option Holder, Sears and ST agree to execute and deliver such directions to the Grantor Trustee or the Land Trustee or both, as may be reasonably required, including without limitation amendments to the Grantor Trust and/or the Master Lease.
First Lender, Second Lender, AEW New Lender, Option Holder, Sears, ST and Tower Owner agree to execute such amendments to or restatements of this Agreement and the documents executed in connection herewith as (x) may be reasonably required to meet the requirements (consistent with this Section 4.11) of the Refinancing Lender, (y) do not materially alter the substantive rights of the parties under this Agreement, and (z) satisfy the conditions described in Section 4.08.
MetLife shall be personally liable on a recourse basis to Sears, ST, AEW, Second Lender, Option Holder and Master Lessee for the representations, warranties, covenants and agreements made herein by MetLife that are described in Exhibit O-3 attached hereto.
In the event First Lender declares a Transfer Event (other than an Accelerated Event) to have occurred and Second Lender, Option Holder or the AEW Master Lessee contests the occurrence of such Transfer Event, First Lender shall have the right immediately, upon First Lender's application to a court of competent jurisdiction, to have a receiver, selected by First Lender, appointed for the operation and management of the Tower Property.
For the avoidance of doubt, by its signature hereto, the Company has elected the Replacement Lender Option.