Related Fund definition
Examples of Related Fund in a sentence
The Borrower has given reasonably equivalent value to the Related Fund or the applicable third party seller of each Loan in consideration for the transfer to the Borrower of each Loan, and no such transfer has been made for or on account of an antecedent debt, and no such transfer is or may be voidable or subject to avoidance under any section of the Bankruptcy Code.
The Borrower shall in good faith contest any attempt to recharacterize the treatment of the Loans as property of the bankruptcy estate of the Related Fund.
The Borrower will, at its expense, timely and fully perform and comply (or cause the Related Fund or any third party seller to perform and comply pursuant to the Sale Agreement or any Third Party Sale Agreement, as applicable) with all provisions, covenants and other promises required to be observed by it under the Collateral, the Transaction Documents and all other agreements related to such Collateral.
The Borrower has received in writing from the Related Fund confirmation that the Related Fund will not cause the Borrower to file a voluntary petition under the Bankruptcy Code or Insolvency Laws.
There shall at all times be invested in Borrower, equity in an amount not less than the Related Fund Equity Contribution.