Examples of Postponement Agreement in a sentence
On August 23, 2013, the Company, the Fund and the Partnership entered into an Amended and Restated Subordination and Postponement Agreement to subordinate and postpone their claims against the Company in favour of the lender.
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.
The guarantor(s) for the corporation must complete the Guarantee and Postponement Agreement in this Application for contract.
That the Mayor and Clerk be authorized to execute the Postponement Agreement with the Bank of Montreal for backstop financing; and 2.
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 Amended and Restated Subordination and Postponement Agreement also contains various other typical covenants of the Fund and the Partnership.
That an Order of the Assembly do issue for a Return showing:A copy of a Priorities and Postponement Agreement between Lloyds Bank Canada and 369413 Alberta Ltd., dated on or about August 8, 1989, whereby the Bank was allowed to take a $5 million prior charge on the fixed assets of Gainers.
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.
That the Mayor and Clerk be authorized to execute a similar Postponement Agreement in relation to the new debenture issue.
On May 5, 2022, the Company, Carbon and 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 granted to Carbon commencing on the date of the agreement.