Examples of Senior Term Loan Documents in a sentence
For the further avoidance of doubt, notwithstanding anything to the contrary set forth herein, Lenders shall not require the consent of WCAS to impose default interest on the Senior Debt under the terms of the Senior Term Loan Documents.
Borrower will not and will not permit any of its Subsidiaries directly or indirectly to enter into or assume any agreement (other than the Loan Documents, Senior Term Loan Documents and Subordinated Loan Documents) prohibiting the creation or assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired.
Obligors certify to Agent and Lenders that neither the execution or performance of the Loan Documents nor the incurrence of any Obligations by Obligors violates the Senior Term Loan Documents or the Term Loan Documents.
Thompson Creek Townhomes, LLC (Thompson Creek) filed a suit for breach of contract and promissory estoppel against the Tabernash Meadows Water and Sanitation District, seeking specific performance and money damages for the District’s failure to reserve water taps for Thompson Creek’s residential development.
This Agreement, the ABL Loan Documents, the Senior Term Loan Documents and the Junior Term Loan Documents represent the entire agreement of the Grantors, the ABL Claimholders, the Senior Term Claimholders and the Junior Term Claimholders with respect to the subject matter hereof and thereof, and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof and thereof.
Obligors further certify that the Commitments and Obligations constitute “Indebtedness” permitted under each of the Senior Term Loan Documents and the Term Loan Agreement.
Obligors further certify that the Commitments and Obligations constitute “Indebtedness” permitted under each of the Senior Term Loan Documents and the Term Loan AgreementAgreements.
As between the ABL Claimholders on the one hand and the Senior Term Claimholders and Junior Term Claimholders on the other, in the event of any conflict between the provisions of this Agreement and the provisions of the ABL Loan Documents, the Senior Term Loan Documents or the Junior Term Loan Documents, the provisions of this Agreement shall govern and control.
Subject to the Intercreditor Agreement and clause (c) below, any such Net Proceeds of insurance or condemnation awards that relate to Term Priority Collateral, to the extent not timely applied to repair, restore or replace such property or asset in accordance with the Senior Term Loan Documents and/or the Term Loan Documents, shall be applied first to the Senior Term Debt and/or the Term Loan Debt until paid in full, then to U.S. Revolver Loans until paid in full and then to other Obligations.
The Borrower shall not pay any Distribution except as permitted as follows: so long as (i) no Default or Event of Default shall have occurred and be continuing or a Default or Event of Default would occur as a result thereof (including without limitation any Default or Event of Default under the Senior Term Loan Documents), and (ii) Borrower maintains sufficient funds equal to an amount necessary to complete the Project and fund the Project Costs and all other capital needs.