Examples of Subordinated Note Financier in a sentence
Other than in connection with a Subordinated Note Financing (so long as each Subordinated Note Financier is then party to the No Petition Agreement), this Subordinated Note may not be assigned, pledged or otherwise transferred to any party other than Originator without the prior written consent of the Administrative Agent and the Required Purchasers, and any such attempted transfer shall be void.
The Administrative Agent shall have received confirmation from the Subordinated Note Financier that the Subordinated Note Financing Documents have become effective in accordance with their terms.
Each of the parties hereto hereby acknowledges and agrees that each Subordinated Note Financier is a third-party beneficiary of this Section 10.15 and shall have the right to enforce the provisions of this Section 10.15.
No Originator shall transfer or pledge its Subordinated Note to any Person other than in connection with the Subordinated Note Financing in effect as of September 4, 2018 so long as each Subordinated Note Financier under such Subordinated Note Financing is then party to the No Petition Agreement.
Notwithstanding the foregoing, each Originator and the Servicer may pledge its respective rights under the Subordinated Note to a Subordinated Note Financier pursuant to Subordinated Note Financing Documents so long as a No Petition Agreement between the Subordinated Note Financier and the Administrative Agent is in full force and effect.
Notwithstanding the Anti-Assignability Provision, the Administrative Agent hereby consents to the Adverse Claims of the Subordinated Note Financier in the Subordinated Note that arise pursuant to any Subordinated Note Financing Document.
Each of the parties hereto hereby acknowledges that each Subordinated Note Financier shall be a third party beneficiary of, and shall be entitled to enforce, Section 9.14 of this Agreement, to the same extent as if it were a party hereto.
Notwithstanding each Anti-Assignability Provision, the Administrative Agent hereby consents to the Adverse Claims of the Subordinated Note Financier in each Subordinated Note that arise pursuant to any Subordinated Note Financing Document, so long as the Subordinated Note Financier is then party to the No Petition Agreement.