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.
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.
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.
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.
However, as this is an existing situation, Council is required to determine the development application, and any approval should be subject toconditions to minimize/manage the detrimental impact of the development on the locality.
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.
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.
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.