Examples of Replacement Participant in a sentence
Any Replacement Participant shall not be responsible for, and such Replacement Participant’s interest in the Loan shall not be subject to, any liabilities of the Defaulting Participant to Borrowers accruing prior to the date of the transfer of the participation interest.
At no time shall any Participant be permitted or required to make any Supplemental Funding unless all Participants (including any Replacement Participant) consent to make a Supplemental Funding.
At the time of such acceptance and/or rejection, Lessee may, in its sole discretion, request that any Participant declining to commit to make such Supplemental Funding sell its Notes and Certificates to another Participant or financial institution (a "Replacement Participant"); provided, that no declining Participant shall be obligated to sell its Notes and/or Certificates to any Replacement Participant.
The development of highly sophisticated radio-astronomical instruments has helped to detect over 150 molecules, ranging from simple diatomics like CO to more complex organic molecules like ethylene glycol (OCH2-CH2OH), in the interstellar and circumstellar spaces till date and they are of significant biochemical and astrochemical interest.Most organic molecules present in the interstellar space are just straight chains of carbon atoms.
Any Replacement Participant shall not be responsible for, and such Replacement Participant’s interest in the Loan shall not be subject to, any liabilities of the Defaulting Participant to Borrower accruing prior to the date of the transfer of the participation interest.