We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

SPC Party definition

SPC Party shall have the meaning set forth in Section 3.1.24(o).
SPC PartySchedule IV
SPC Party has the meaning assigned in Section 6.14(o).

Examples of SPC Party in a sentence

  • Borrower shall not and shall cause each other Loan Party and each SPC Party not to change its principal place of business from the address set forth on the first page of this Agreement without first giving Lender thirty (30) days prior written notice.

  • Borrower shall not and shall cause each other Loan Party and each SPC Party not to issue or sell or enter into any agreement or arrangement for the issuance and sale of any Equity Interests.

  • There are no actions, suits or proceedings at law or in equity by or before any Governmental Authority or other entity that resulted in a judgment against any Loan Party or any SPC Party that has not been paid in full that would otherwise constitute an Event of Default under Section 8.1.

  • Each Loan Party and each SPC Party is duly qualified to do business and in good standing in each jurisdiction where it is required to be so qualified in connection with its properties, businesses and operations, except to the extent that failure to do so would not reasonably be expected to have a Material Adverse Effect.

  • Each Loan Party and each SPC Party is a Special Purpose Bankruptcy Remote Entity.


More Definitions of SPC Party

SPC PartySchedule VSpecial Member” - Schedule V “Springing Recourse Event” - 10.1
SPC Party shall have the meaning set forth in Section 8.1(ee)(A).
SPC Party has the meaning assigned in 8.28(o).
SPC Party shall have the meaning set fxxxx xx Xxxtion 4.1.30(o) hereof.
SPC Party as used in Section 8.2 of the Loan Agreement shall be deemed inapplicable with respect to the Borrower as constituted on the Effective Date of the Assumption and Release Agreement and for so long as Borrower maintains such structure.
SPC Party shall have the meaning set forth in clause (y) of Schedule III attached hereto.