Examples of Purchaser LLC Agreement in a sentence
In addition to satisfying the Funding Conditions set forth in the Indenture, prior to the initial Funding Date after the Effective Date, the Issuer shall have delivered to the Noteholders of the Series 2013-VF1 Notes the final and executed Advance Purchaser LLC Agreement and evidence to the satisfaction of the Noteholders of the Series 2013-VF1 Notes that the Initial Capital Contributions (as defined in the Advance Funding LLC Agreement) have been made to Advance Purchaser.
For purposes hereof, "Continuing Sponsor" shall mean and refer to each Participating Sponsor that becomes a member of Purchaser and a party to the Purchaser LLC Agreement and Security Holder Agreements (collectively, the "Management-Ownership Agreements"), in each case, as long as such Sponsor continues to be a member of Purchaser and comply with the Management-Ownership Agreements.
When issued pursuant to this Agreement and the Purchaser LLC Agreement, the Rollover Units will be duly authorized and validly issued and outstanding and will be free and clear of all encumbrances (other than restrictions on transfer set forth in this Agreement, the Purchaser LLC Agreement and applicable securities law).
In addition to satisfying the Funding Conditions set forth in the Indenture, prior to the initial Funding Date after the Effective Date, the Issuer shall have delivered to the Noteholders of the Series 2013-VF2 Notes the final and executed Advance Purchaser LLC Agreement and evidence to the satisfaction of the Noteholders of the Series 2013-VF2 Notes that the Initial Capital Contributions (as defined in the Advance Purchaser LLC Agreement) have been made to Advance Purchaser.
The members of the Purchaser other than the Seller shall have executed and delivered to the Seller Representative the Purchaser LLC Agreement, which Purchaser LLC Agreement must be in form and substance satisfactory to the Seller, including, without limitation, certain provisions which provide non-dilution protection for the Seller for any additional capital contributions by BOC to Purchaser, up to a maximum amount of $15,000,000, as such provisions are further set forth in the Purchaser LLC Agreement.
The Restated Purchaser LLC Agreement, which shall amend and restate the limited liability company agreement of the Purchaser in effect as of the date of this Agreement, shall have been adopted at and as of the Closing.
The terms and conditions of the Preferred Interests shall be set forth in the Purchaser LLC Agreement and shall in any event include the terms and conditions set forth on Exhibit H hereto.
The Purchaser LLC Agreement shall contain certain provisions which provide non-dilution protection for the Alpine Owner for any additional capital contributions by Purchaser, up to a maximum amount of $15,000,000, as such provisions are further set forth in the Purchaser LLC Agreement.
The Purchaser LLC Agreement and the Subscription Agreement shall in any event contain customary warranties, representations and covenants for the benefit of the Seller.
When issued pursuant to this Agreement and the Purchaser LLC Agreement, the Rollover Units will be duly authorized and validly issued and outstanding, and will be free and clear of all encumbrances (other than restrictions on transfer set forth in this Agreement, the Purchaser LLC Agreement and applicable securities law).