Pre-Negotiation Agreement definition
Examples of Pre-Negotiation Agreement in a sentence
Without limiting the effectiveness of the previous sentence, for the avoidance of doubt, all discussions and negotiations conducted during the Forbearance Period are covered by, and entitled to the existing protections and benefits of the covenants, conditions and terms of, the Pre-Negotiation Agreement.
All Discussions shall continue to be subject to the terms of the Pre-Negotiation Agreement which is hereby ratified and affirmed by all parties hereto.
The parties hereto acknowledge and agree that upon the Amendment Effective Date this Amendment shall constitute a Restructuring Agreement, as such term is defined in the Pre-Negotiation Agreement dated as of December 29, 2020 among the Administrative Agent, the Borrower, and the Guarantors (the “Pre-Negotiation Agreement”).
The parties hereto acknowledge and agree that upon the Amendment Effective Date this Amendment shall constitute a Restructuring Agreement, as such term is defined in the Pre-Negotiation Agreement dated as of April 7, 2020 among the Administrative Agent, the Borrower, and the Guarantors (the “Pre-Negotiation Agreement”).
This Agreement and the other Modification Documents together with the Pre-Negotiation Agreement constitute the entire understanding of the Parties and supersedes all prior agreements, understandings, discussions, statements and negotiations of the Parties relating to the subject matter herein contained.
Without limitation of the foregoing, Borrower, Guarantor and Property Guarantors hereby acknowledge and agree that the Pre-Negotiation Agreement executed in connection with the Loans (the “PNA”) continues to govern any discussions among Holder, Borrower, Guarantor and Property Guarantors regarding any restructuring, settlement or compromise of the Loans.
If the Closing has not occurred, this Agreement shall terminate, and the Closing shall not occur, upon the occurrence of a Forbearance Termination Date (as defined in the Pre-Negotiation Agreement).
THE TREATS PROGRAM, SERVICES, SOFTWARE AND PRIZES ARE PROVIDED "AS IS" AND WITH ALL FAULTS.
Borrower Parties shall pay the costs and expenses of Agent, Arrangers, and the Lenders to the extent set forth in Section 8(i) of the Pre-Negotiation Agreement.
Pre-Negotiation Agreement and Documents to Remain In Effect; Confirmation of Obligations; References.