Examples of Loan Guaranty Agreements in a sentence
In order to comply with the contractual subordination provisions in the Loan Guaranty Agreements, all distributions that would otherwise be made on account of Allowed Bridge Loan Guaranty Claims shall be distributed Pro-Rata to the Holders of Allowed Step One Senior Loan Guaranty Claims and the Sharing Provision Reserve, and no distribution shall be provided to Holders of Allowed Bridge Loan Guaranty Claims.
In order to comply with the contractual subordination provisions in the Loan Guaranty Agreements, all distributions that would otherwise be made on account of Allowed Bridge Loan Guaranty Claims shall be distributed to the Senior Loan Agent, and no distribution on account of the Bridge Loan Guaranty Claims shall be provided to Holders of Allowed Bridge Loan Guaranty Claims.
In accordance with Section 7.3, in order to comply with the contractual subordination provisions in the Loan Guaranty Agreements, all distributions of (i) the Remaining New Senior Secured Term Loan, (ii) the Remaining Distributable Cash and (iii) the Remaining New Common Stock that would otherwise be made on account of Allowed Bridge Loan Guaranty Claims shall instead be distributed to the Senior Loan Agent for distribution on account of Allowed Senior Guaranty Claims.
At its expense, timely and fully perform and comply, and cause the Eligible Lender Trustee to perform and comply, with all material provisions, covenants and other promises required to be observed by each of them under the Higher Education Act, Student Loan Notes, the Student Loan Guaranty Agreements (or in the case of TuitionGard, the TuitionGard Policies), the Master Servicing Agreement, the Subservicing Agreements, and other agreements to which the Issuer is a party related to the Collateral.
In accordance with Section 7.3 of the Plan, in order to comply with the contractual subordination provisions in the Loan Guaranty Agreements, all distributions of (i) the New Senior Secured Term Loan, (ii) the Distributable Cash and (iii) the New Common Stock that would otherwise be made on account of Allowed Bridge Loan Guaranty Claims shall instead be distributed to the Senior Loan Agent for distribution on account of Allowed Senior Loan Guaranty Claims.
Notwithstanding anything to the contrary herein, the obligations of parties to the Loan Agreements and the Loan Guaranty Agreements that are not Reorganized Debtors or Subsidiary Non-Debtors shall not be discharged or limited in any way.
The Contractor acknowledges that the Owners (other than Xxxxxx Utilities) (together, the “DOE Borrowers”) are required to obtain approval of this Agreement from DOE in order to satisfy certain conditions in the Loan Guaranty Agreements of each DOE Borrower.
Borrowers will, and will cause each Subsidiary to, comply in all material respects with all agreements, contracts, and instruments binding on it or affecting its properties or business, including, without limitation, all Securitization Documents, all Student Loan servicing and purchase agreements and all Student Loan Guaranty Agreements.
SBA guarantees a portion of each SBA Lender Loan (as defined herein) in accordance with 13 C.F.R. Part 120 and one or more Small Business Administration Loan Guaranty Agreements (SBA Form 750), between SBA and the SBA Lender (as amended, supplemented or replaced from time to time, the "SBA Agreements").
SBA guarantees a portion of each SBA Lender Loan (as defined herein) in accordance with 13 C.F.R. Part 120 and one or more Small Business Administration Loan Guaranty Agreements (SBA Form 750), between SBA and SBA Lender (as amended, supplemented or replaced from time to time, the "SBA Agreements").