Examples of Secured Counterparties in a sentence
Under the Facility, the Company and the Secured Counterparties from time to time will enter into transactions involving the purchase and sale of electrical energy, generating capacity, fuel and other energy related commodities and other Energy Transactions (as such term is defined in the Common Agreement) pursuant to the Secured Counterparty ISDA Agreements (as such term is defined in the Common Agreement).
Mortgagor acknowledges that the right to maintain a consolidated foreclosure action is a specific inducement to the Secured Counterparties to enter into the Facility guaranteed by the Guaranty, and Mortgagor expressly and irrevocably waives any objections to the commencement or consolidation of the foreclosure proceedings in a single action and any objections to the laying of venue or based on the grounds of forum non conveniens which it may now or hereafter have.
The acceptance of this Bond shall be deemed to constitute the consent and agreement by the Holder hereof (on behalf of the Secured Counterparties) to all of the terms and provisions of the Mortgage Indenture.
This Bond is issued to the Agent for the benefit of the Secured Counterparties by the Company pursuant to the Company’s obligations under the Collateral Management Agreement.
The Company shall promptly give the Agent and the Secured Counterparties notice of any Default, Event of Default or Cross Termination Event of which it has knowledge.
This Agreement and the other Facility Documents are intended to provide credit support for the obligations of the Company to the Secured Counterparties under the respective Secured Counterparty ISDA Agreements.
Each of the Credit Agreement Representatives, the Secured Counterparties, and Sowood hereby agrees that no party shall have any duty to advise any other party of information known to it regarding such condition or any such circumstances.
Each of the Credit Agreement Representatives, the Secured Counterparties, and Sowood acknowledges and agrees that it has not made any representation or warranty with respect to the execution, validity, legality, completeness, collectability, or enforceability of the Credit Agreement Documents, the Secured Counterparty Documents, or the Sowood Documents.
The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Event of Default unless the Agent has received notice from a Secured Counterparty or a Credit Party referring to this Agreement, describing such Default or Event of Default and stating that such notice is a “notice of default.” In the event that the Agent receives such a notice, it shall give notice thereof to the Secured Counterparties.
Any amendment, modification or waiver provided pursuant to this Section 9.03(a) shall be binding upon the relevant Credit Party, the Agent and all Secured Counterparties; provided that in the case of any waiver of any Default or Event of Default, such waiver shall be limited to the circumstances and the extent expressly waived and shall not affect any subsequent Default or Event of Default or impair any right consequent thereon.