OEF Agreement definition
OEF Agreement means the Option Exercise Fee Deed of Agreement, entered into prior to the Borrowing Notice Date, by and among the Administrative Agent, the Security Trustee, BHL, and the Borrower.
Examples of OEF Agreement in a sentence
In the event that the OEF Payment received by the Security Trustee exceeds the Release Amount in respect of such Aircraft, the refund, retention, or application of such excess shall be governed by the terms of the OEF Agreement.
Upon any such resignation, the Required Lenders shall have the right to appoint a successor Representative, subject to (i) consultation with the Borrower provided that no Default or Event of Default shall exist at such time, (ii) receipt of all necessary authorizations from the U.S. Department of State and the Department and (iii) such successor Representative agreeing to become bound to the Assurance Letter and the OEF Agreement in accordance with their terms.