Purchaser SPV definition
Examples of Purchaser SPV in a sentence
This Agreement supersedes all previous letters of intent, heads of terms, term sheets, prior discussions and correspondence exchanged between any of the Parties and the Purchaser SPV in connection with the transactions referred to herein.
The Parties and the Purchaser SPV agree to use their rights to ensure that the terms of this Agreement are given effect so as to achieve the intended economic benefit.
Each Party and the Purchaser SPV agrees to execute, do and procure all other persons, if any, to execute and do all such further deeds, assurances, acts and things as may be reasonably required so that the full effect may be given to the terms and conditions of this Agreement.
Each Purchaser SPV shall be established as a bankruptcy-remote special purpose entity in accordance with the requirements of the Debt Financing; provided, that each of Blackstone and NRZ shall be entitled to review and consent to the form of operating agreement for each Purchaser SPV and the trust documents for each Purchaser SPV Trust, such consent not to be unreasonably withheld, delayed or conditioned.
The managing member of each Purchaser Entity shall cause a Purchaser SPV and a Purchaser SPV Trust to be formed in connection with the Debt Financing.
The Parties and the Purchaser SPV (if applicable) hereto shall use all reasonable endeavours to replace the void, invalid, illegal or unenforceable provisions with a valid, legal, enforceable and mutually satisfactory substitute provision, achieving as nearly as possible the intended commercial effect of the void, invalid, illegal or unenforceable provision.
This Agreement may be executed in any number of counterparts by the Parties and the Purchaser SPV to it, each of which shall be an original but all of which together shall constitute one and the same instrument.
The Parties and the Purchaser SPV agree that the award shall be final and binding on the Parties or the Purchaser SPV.
This Agreement may be executed in any number of counterparts by the Parties and the Purchaser SPV, each of which shall be an original but all of which together shall constitute one and the same instrument.
The Purchasers now propose to acquire the Equity Shares directly and not through the Purchaser SPV and consequently amend the Long Form SPA.