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.
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.
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.
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.
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.
Subsequent to March 31, 2022, the Company, Carbon and Fiera executed an agreement specifying the security held by Carbon.Subsequent to quarter end, on May 5, 2022, the Company, Carbon and Fiera Private Debt Fund VI LP ("Fiera") executed a Subordination and Postponement Agreement (the “Subordination Agreement”), whereby the parties agreed that the security previously held by Fiera would be subordinate to the security to be granted to Carbon commencing on the date of the agreement.
Xxxxx Title: CEO EXHIBIT “A” FORM OF THE SUBORDINATED LOAN GOVERNING DOCUMENTS EXHIBIT “B” JOINDER AGREEMENT We refer to the Subordination and Postponement Agreement made among Hydrocarb Energy Corporation, a Nevada corporation (the “Borrower”), Shadow Tree Capital Management LLC, a Delaware limited liability company, as agent for certain senior lenders (the “Agent”), and __________________, a _________ __________ (“Subordinated Lender”) dated as of _______, 2015 (the “Agreement”).
Thx Xxxxxxxx xxmed 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 Xxxxxxxx xxxed 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.
In this regard the Holder shall execute and deliver the form of Subordination and Postponement Agreement annexed hereto as Exhibit I or such other form as may be reasonably required by Senior Lender from time to time.