Examples of Senior Loan Agreements in a sentence
The parties hereto acknowledge and agree that the Agreement, as amended hereby, constitutes a “Loan Document” under each of the Senior Loan Agreements.
Appendix B shall be deemed to be amended from time to time to make reference to any such Senior Loan Agreements.
Subject to the terms of the Senior Loan Agreements, the Holder shall have all the rights and remedies provided in this Debenture, including those set forth in this Section 4(c) and Section 17, the other Transaction Documents and as permitted by law or at equity.
In the event that the Conversion Price is less than $0.10, then (A) the Holder shall be entitled to that number of Settlement Conversion Shares issuable with an assumed Conversion Price of $0.10, and (B) the Company shall make a cash payment to Holder on or prior to the Maturity Date (subject to the Senior Loan Agreements) of the Balance Amount (as defined below).
Pursuant to the Deposit Account Control Agreements, as and when Pay-for-Success Payments are due to Borrower under the City PFS Agreement, the Lender Representative will have the authority to cause all of such amounts to be paid directly from the Designated Accounts to Senior Lenders and Subordinate Lender for the account of Borrower in accordance with the Priority of Payments Schedule for application to the obligations of Borrower under the Senior Loan Agreements and the Subordinate Loan Agreement.