NW Capital definition
Examples of NW Capital in a sentence
Our affiliates include companies with a Northwest or NW name; financial companies such as NW Capital Management LLC, NW Insurance Agency LLC, Northwest Financial Group LLC, Northwest Financial Advisors LLC, Northwest Tax Group LLC and Northwest Title and Escrow LLC.
This Agreement shall not be deemed to represent a pledge of any interest in the Loan or any Underlying Asset by NW Capital to Exchange Offering Indenture Trustee or any Exchange Offering Noteholder.
Nothing contained in this Agreement, and no action taken pursuant hereto shall be deemed to constitute among any Interest Holder, Exchange Offering Indenture Trustee and NW Capital, a partnership, association, joint venture or other entity, nor shall it create a relationship of principal and agent among any of the foregoing.
In the event NW Capital shall bid at any foreclosure or trustee’s sale or at any private sale permitted by applicable laws or this Agreement, NW Capital may bid all or less than the amount of the Senior Obligations and the Exchange Offering Indenture Trustee’s and the Exchange Offering Noteholders’ obligations hereunder.
In connection with such waiver, the Delegate shall covenant and agree that the Delegate shall not commence any action, cause of action, suit, claim, or demand whatsoever, in law, admiralty or equity, whether direct or indirect, against NW Capital challenging the priority of the Senior Obligations.
Payments to NW Capital, the Rights Offering Indenture Trustee and the Exchange Offering Indenture Trustee shall be made by the Cash Management Agent on each Distribution Date, pursuant to the terms of the Cash Management Agreement for so long as such agreement is in effect.
Exchange Offering Indenture Trustee, on behalf of itself and the Exchange Offering Noteholders, agrees that all costs and expenses incurred by NW Capital (including, without limitation, the fees and disbursements of counsel) incident to its enforcement, exercise, protection or preservation of any of its rights, remedies or claims under this Agreement shall be part of the Senior Obligations and the obligations arising hereunder.
In the event the purchaser fails to pay for the Subordinate Collateral, NW Capital may resell the Subordinate Collateral and Exchange Offering Indenture Trustee and the Exchange Offering Noteholders shall be credited with the proceeds of the sale.
To the extent applicable, the Company and the Trustee, by their execution and delivery of this Indenture, expressly agree to the terms and provisions of the Notes and the Agreement, and to be bound thereby, and such obligations of the Trustee under the Agreement may only be amended, modified, supplemented or cancelled in a writing signed by the Trustee and NW Capital or a Replacement Lender.
Any action or proceeding to enforce the rights of NW Capital upon the occurrence of a Trigger Event may be taken by NW Capital either in Exchange Offering Indenture Trustee’s and the Exchange Offering Noteholders’ name or in NW Capital’s name, as NW Capital may deem necessary, in its sole discretion.