Prior Financing Documents definition
Examples of Prior Financing Documents in a sentence
Pursuant to this Agreement, the parties agree to a complete restructuring of the obligations under the Prior Financing Documents thereunder, all to be effectuated through the issuance of amended and restated instruments, new instruments, and common stock.
Each of the Prior Financing Documents shall have been duly terminated without any recourse against any Warrantor effective as of the Closing, in a form reasonably satisfactory to the Purchaser.
The provisions under the Prior Financing Documents granting liens and security interests in the assets of Debtors are hereby reaffirmed and shall be incorporated into this Section 4 of this Agreement by reference and such liens and security interests in the assets described in such Prior Financing Documents shall continue to secure the Obligations hereunder.
Quest and Investor wish to settle and resolve all disputes arising under the Unit Agreement (collectively, the "Prior Financings"), and any and all documents related thereto (collectively, the "Prior Financing Documents").
It is agreed and understood between Quest and PTF that: (a) except to the extent the Prior Financing Documents are amended hereby, at and after the Closing, the Prior Financings will remain in full force and effect; and (b) the execution of this Agreement will not discharge, interrupt, impair, abate or otherwise modify the priority or the validity of any lien or security interest securing payment of the indebtedness evidenced by the Prior Financing Documents.
It is agreed and understood between Quest and Greenwood that: (a) except to the extent the Prior Financing Documents are amended hereby, at and after the Closing, the Prior Financings will remain in full force and effect; and (b) the execution of this Agreement will not discharge, interrupt, impair, abate or otherwise modify the priority or the validity ▇f any lien or security interest securing payment of the indebtedness evidenced by the Prior Financing Documents.
Quest and Greenwood wish to settle and resolve all disputes arising under the Unit Agreement and the Advisory Agreement (collectively, the "Prior Financings"), and any and all documents related thereto (collectively, the "Prior Financing Documents").
The Debtors acknowledge and agree that as of the date hereof, (i) there exists an outstanding amount of principal and interest of not less than $17,800,000 owing to Secured Party under the Prior Financing Documents, (ii) the Debtors are in default of their respective payment obligations under the Prior Financing Documents and (iii) each Debtor has no right of offset, defense or counterclaim with respect to any amounts owing under the Prior Financing Documents.
Quest and PTF wish to settle and resolve all disputes arising under the Unit Agreement, the Credit Agreement (collectively, the "Prior Financings"), and any and all documents related thereto (collectively, the "Prior Financing Documents").
That it will continue to satisfy all claims of third parties relating to any of the Prior Financing Documents which are unfunded.