Examples of Parity Lien Representative in a sentence
The Borrower will promptly notify the Trustee and any other applicable Parity Lien Representative of any facts known to the Borrower that would cause a payment of any Parity Lien Obligations to be in conflict with this Section, but failure to give such notice will not affect the subordination of provided hereby.
In no event will any Parity Lien Representative be liable for any act or omission on the part of the Grantors or the Collateral Trustee hereunder.
The Company will deliver to each Parity Lien Representative copies of all Security Documents delivered to the Collateral Trustee.
Following and in accordance with the outcome of the applicable vote under its Parity Lien Documents, the Parity Lien Representative of each Series of Parity Lien Debt will cast all of its votes under that Series of Parity Lien Debt as a block in respect of any vote under this Agreement.
Xxxxxx and if to any other Parity Lien Representative, to such address as it may specify by written notice to the parties named above.