Oaktree Credit Agreement definition
Examples of Oaktree Credit Agreement in a sentence
The Company Parties shall at all times maintain the Minimum Liquidity Amount in cash and/or Permitted Cash Equivalent Investments in one or more Controlled Accounts (as defined in the Oaktree Credit Agreement) that is free and clear of all Liens, other than Liens granted in favor of Oaktree and ▇▇▇▇▇ permitted under clauses (c) and (y) of the definition of “Permitted Liens”.
If no Qualified Financing has occurred by the last day of the Holding Period, Parent shall, within two (2) Business Days following the end of the Holding Period, wire the $7,500,000 in the Segregated Account to the Administrative Agent for the account of each of the Lenders under the Oaktree Credit Agreement to be applied to the Indebtedness in accordance with the Oaktree Credit Agreement.
After giving effect to such amendment, no event of default has occurred and is continuing under the Oaktree Credit Agreement.
Except as provided in the Oaktree Credit Agreement, neither Seller nor Parent has assigned, in whole or in part, or granted, incurred or suffered to exist any Lien on the License Agreement, any Ancillary Agreement or the Purchased Interests.
The Company has not caused, and to the Knowledge of the Company no other Person has caused, the claims and rights of Investor created by any Transaction Document in and to the Collateral to be subordinated to any creditor or any other Person (other than the Liens granted in favor of ▇▇▇▇▇▇▇ under the Oaktree Credit Agreement and the Oaktree Security Documents (in each case, as modified by the Oaktree Consent and the Intercreditor Agreement)).