Examples of Strict Foreclosure Agreement in a sentence
This General Assignment and Assumption Agreement and Bill of Sale is being delivered pursuant to the Strict Foreclosure Agreement.
This Release (including the releases provided for herein, and the Parties’ respective rights and obligations hereunder) shall become automatically effective (and may be enforced by and against each Party hereto) as of the later of the time that (i) each Party hereto has executed and delivered this Release and (ii) the Closing Date (as defined in the Strict Foreclosure Agreement) has occurred (the “Effective Time”).
Notwithstanding anything herein to the contrary, nothing herein shall constitute a waiver of any of the obligations of any of the WB Holdings Releasees under this Agreement or the Strict Foreclosure Agreement.
This General Assignment and Xxxx of Sale is being delivered pursuant to the Strict Foreclosure Agreement.
Notwithstanding anything to the contrary in the foregoing, the Third Party Release shall not release any obligations of any party under the Plan, the Strict Foreclosure Agreement, or any other document, instrument, or agreement executed to implement the Plan and/or the Strict Foreclosure Agreement.
If Buyer requests support to be provided by Medigain and Millennium for purposes of providing the cooperation described in Section 1(a) above or completing the audit described in the Strict Foreclosure Agreement (beyond the mere act of signing the management rep letter), Buyer shall request Axxx Xxxxxx’x assistance for specific tasks in writing, and shall pay Axxx Xxxxxx’x hourly rate of $400 for actual services performed.
Subject to anything contained in the Transaction Support Agreement or the Strict Foreclosure Agreement, this Agreement (and the related schedule delivered in connection herewith) contains the entire understanding of the Parties with respect to the subject matter hereof.
Capitalized terms used but not otherwise defined herein shall have the respective meanings assigned thereto in the Strict Foreclosure Agreement, and, if not defined therein, in the Credit Agreement.
The transfer of the Specified Collateral effectuated under this General Assignment and Xxxx of Sale is made in accordance with, and pursuant to, (i) the UCC and other applicable law, and (ii) the Strict Foreclosure Agreement, the Credit Agreement and the other applicable Loan Documents (including the Collateral Agreement).
Prior to the earlier of the termination of the Strict Foreclosure Agreement or a Holdings Board Change, Holdings may elect, by delivering to each other party to this Agreement an executed counterpart to a joinder to this Agreement, substantially in the form attached hereto as Exhibit A (the “Holdings TFA Joinder”), to become a party to this Agreement on the terms and conditions set forth in this Agreement and the Holdings TFA Joinder.