Examples of Specified Obligors in a sentence
Directly or indirectly enter into or ---------------------------- permit to exist any material transaction with any Affiliate of the Specified Obligors, except for transactions that are in the ordinary course of the applicable Specified Obligor's business, that are upon fair and reasonable terms, that are fully disclosed to Agent, and that are no less favorable to such Specified Obligor than would be obtained in an arm's length transaction with a non-Affiliate.
Technology The prompt and punctual payment of any and all amounts due and payable directly or indirectly from time to time by the Specified Obligors to any SF Group Company under the relevant Finance Agreement (other than where such amounts have become due and payable solely and directly as a result of the insolvency or liquidation of the Bispen).
Should any payment item not be honored when presented for payment, then the Specified Obligors shall be deemed not to have made such payment and interest shall be calculated accordingly.
The Specified Obligors have registered (or an ---------------- application therefor diligently prosecuted) with the United States Copyright Office all copyrights constituting the Required Library.
Cause returns and allowances, if any, as between the ------ Specified Obligors and their Account Debtors to be on the same basis and in accordance with the usual customary practices of the Specified Obligors, as they exist at the time of the execution and delivery of this Agreement other than changes in the ordinary course of business consistent with overall industry practice.