Postponement Agreement definition
Examples of Postponement Agreement in a sentence
Cantel hereby confirms that the Postponement Agreement remains in full force and effect, unamended, for the benefit of the Lender and continues to extend to all liabilities of the Borrower under the Loan Agreement as amended hereby.
Each Secured Party hereby irrevocably authorizes and directs the Administrative Agent to execute and deliver any Affiliate Postponement Agreement on behalf of such Secured Party.
It shall be a required condition of Closing that the Buyer enter into a Subordination and Postponement Agreement in such form and with such terms and conditions as are required by Shadow Tree Capital Management LLC.
The representations and warranties of the Borrower contained in this Agreement and the Security Agreements to which it is a party, and of the Guarantor contained in the Guarantee and Postponement Agreement, shall be true and correct and no Defaults or Events of Default shall exist, and both the Borrower and Guarantor shall have delivered to the Administrative Agent a certificate to such effect, signed on its behalf by a senior officer.
Th▇ ▇▇▇▇▇▇▇▇ ▇▇med in the foregoing Postponement Agreement hereby acknowledges that it has received notice thereof and hereby accepts the assignment and transfer made therein in favour of EBC Zurich AG.
The Borrower shall have delivered to the Lenders this Agreement and the Security Agreements to which it is a party, duly executed, and the Guarantor shall have delivered to the Lenders the Guarantee and Postponement Agreement, duly executed.
The Administrative Agent shall have received any Affiliate Postponement Agreement required in order for Intercompany Indebtedness to be Permitted Intercompany Indebtedness.
Each Lender hereby further authorizes Administrative Agent, on behalf of and for the benefit of Lenders and in connection with the CIBC Letter of Credit, to enter into that certain Subordination and Postponement Agreement dated as of the Closing Date by and among Administrative Agent, GSCP, as a Lender, Company and CIBC.
On the 2nd day of May, 2007 the Claimants applied to the Supreme Court by a Fixed Date Claim form for certain declarations of unlawfulness in respect of a Guarantee and Postponement Agreement dated the 9th day of December 2004 and entered into by the Prime Minister and Minister of Finance with the Belize Bank in respect of debts incurred by UHS.
The foregoing provisions of this Section 5.01 shall be subject to the terms of the Amended and Restated Subordination and Postponement Agreement, for so long as it is in effect.