Examples of Obligated Parties in a sentence
The Collateral Agent is appointed solely as an agent for the Secured Parties and not as an agent of the Obligated Parties.
The Obligated Parties further represent and warrant that Obligated Parties are the sole Obligated Parties under the Loan Agreement and the other Loan Documents and are the sole owner and holder of all Released Claims.
The acknowledgements, confirmations, representations, warranties, and agreements made by the Obligated Parties above will survive the execution and delivery hereof.
Borrower and all other Obligated Parties agree to all renewals and extensions of this Term Note and partial payments and releases or substitutions of security, in whole or in part, with or without notice, before or after maturity.
Except such notice of default as is specifically required by the Loan Agreement, Borrower and all other Obligated Parties severally waive the order of their liability, the marshaling of assets, demand, presentment for payment, notice of dishonor, protest and notice of protest, notice of default, notice of intent to accelerate maturity, and notice of the acceleration.