Examples of SN Parties in a sentence
The SN Parties and their Affiliates have maintained all material Permits necessary to operate the Company Assets as currently operated by them.
If the SN Parties satisfy all requirements for the Debtor Confirmation Option by the DCO Deadline, then the Debtor Confirmation Option shall be implemented.
Upon request of Buyer, the SN Parties shall use commercially reasonable efforts to cause the external audit firm that audits the SEC Financial Statements to consent to the inclusion or incorporation by reference of its audit opinion with respect to any applicable audited financial statements of Buyer in any such registration statement, report or other document and to provide customary comfort letters as required by Buyer’s underwriters.
Debtor Confirmation Option allows the SN Parties to satisfy and discharge the Senior Lender Claims through the Refinancing Transactions, the Deficiency Note, the DCO Sponsor Guaranty and the Net Proceeds Covenants.
The projections and budgets provided to Buyer (including those provided to Xxxxxx, Xxxxxxxx & Company, Incorporated, the financial advisor to the conflicts committee of the board of directors of the General Partner) by the SN Parties and their Affiliates as part of Buyer’s review of the Company Assets in connection with this Agreement have a reasonable basis, were prepared in good faith and are consistent with the expectations of the management of the SN Parties and their Affiliates.
An Indemnified Party shall give prompt written notice to the SN Parties or Buyer, as applicable (the “Indemnifying Party”), of the commencement or assertion of any Claim by a third party (collectively, a “third-party action”) in respect of which such Indemnified Party seeks indemnification hereunder.
If the SN Parties do not timely notify Buyer of any such disagreement with the Allocation Statement, the SN Parties shall be conclusively deemed to have accepted and agreed to the Allocation Statement.
If the SN Parties notify Buyer within 30 days of any such disagreement, the Parties shall use reasonable efforts to resolve such dispute within 30 days.
Whichever confirmation path is implemented, upon the occurrence of the Settlement Effective Date, the SN Parties and Senior Lenders will have expressly consented to the Plan.
Any amendment or waiver executed by any of the Parties or their respective subsidiaries shall not be effective unless and until the execution of such amendment or waiver has been approved by, with respect to Buyer, the conflicts committee of the board of directors of the General Partner, and with respect to the SN Parties, the audit committee of the board of directors of SN.