Examples of Substituted Portion in a sentence
The Existing Bank shall no longer be entitled to the Substituted Rights or the Substituted Portion and the New Bank shall become entitled to the Substituted Rights and the Substituted Portion, with effect on and from the Substitution Date.
The Existing Financier will no longer be entitled to the Substituted Rights or the Substituted Portion and the New Financier will become entitled to the Substituted Rights and the Substituted Portion with effect on and from the Substitution Date.
On and from the Substitution Date the Agent will make all payments received by it in respect of the Substituted Commitments, Substituted Obligations, Substituted Rights and Substituted Portion to the New Bank.
On and from the Substitution Date the Facility Agent will make all payments received by it in respect of the Substituted Commitments, Substituted Obligations, Substituted Rights and Substituted Portion to the New Bank.