Examples of Offshore Lender in a sentence
If an Offshore Lender Cornamusa Claim is disputed as of the Effective Date and is subsequently disallowed in whole or in part, then New Holdco shall promptly reimburse Parent the difference between the amount reserved on account of such Offshore Lender Cornamusa Claim and the amount distributed on account of such Allowed Offshore Lender Cornamusa Claim.
If an event of default under the Offshore Loan Agreement occurs, the Offshore Lender may declare all outstanding amounts together with all interest accrued under the Offshore Loan Facility to be immediately due and payable.
Offshore Lender: SciClone Pharmaceuticals International China Holding Ltd.
If the Offshore Lenders have entered into the Offshore Lender Agreement prior to the Voting Deadline, in addition to the Sparrow River Investment, New Holdco 2 will provide the Sparrow Offshore Investment of $2.5 million in cash in consideration for the Offshore Business in accordance with the terms and conditions set forth in the Investment Agreement.
Accordingly, the principal amounts of 2021 Note Claims, IFC-OFID Loan Claims, and Offshore Lender Parent Claims against the Debtors on the Voting Record Date were entitled to be voted.Consistent with these procedures, and as detailed in the Vote Certification and the Second Vote Certification, the Voting Agent obtained the relevant records from the Debtors and transmitted the Solicitation Materials to the Voting Parties identified therein.
If such request is accepted by Fronting Offshore Lender, the provisions of this Agreement relating to Offshore Currency Loans shall apply to Loans made in the Other Currency, as if Such Other Currency were an Offshore Currency.
No distribution shall be made under the Parent-Included Plan on account of Equity Interests in Parent.Class 11 – Offshore Lender Parent Claims.(Impaired.
Fronting Offshore Lender may from time to time sell or transfer to other Persons assignments or participations or other interests in Fronting Offshore Lender's Revolving Loans and Revolving Loan Commitment, as the case may be, but not in the portion thereof allocated to the Offshore Participations hereunder.
In the event that Fronting Offshore Lender has given notice pursuant to this subsection 2.7B, Sub-Agent will give notice to Administrative Agent and the applicable Borrower no later than 5:00 p.m. (London time) on the fourth Business Day prior to the date of the Notice of Borrowing that such borrowing in the requested Offshore Currency Loan is not then available, and notice thereof also will be given promptly by Administrative Agent to Revolving Lenders.
We also included the length of their tenure in the program as a potential covariate.