Examples of Third Lien Lender in a sentence
It should be noted that throughout this study, while the Committee for Educational Equality, et al (CEE) is the Plaintiff (in 2003 and in 2007), there were also two Plaintiff Intervenors—the Coalition to Fund Excellent Schools, et al (CFES) and the Board of Education of City of St. Louis, et al.
Nothing in this Agreement shall (a) impair, as among the Loan Parties and the Senior Liens Lender Parties and as among the Loan Parties and the Third Lien Lender Parties, the obligations of the respective Loan Parties with respect to the payment of the Senior Liens Debt and the Third Lien Debt in accordance with their respective terms or (b) affect the relative rights of the Senior Liens Lender Parties or the Third Lien Lender Parties with respect to any other creditors of the Loan Parties.
Each Noteholder and each Third Lien Lender must independently and without reliance upon the Collateral Agent, and based on such documents and information as it has deemed appropriate, make its own appraisal of and investigation into the business, operations, property, prospects, financial and other condition and creditworthiness of the Grantor and has made its own decision to accept notes or extend credit to the Grantor.
Until the Senior Liens Debt has been paid in full in cash and the Senior Liens Debt Documents have been terminated, each Third Lien Lender Party agrees that the Senior Liens Agents, acting in a commercially reasonable manner, shall have the sole and exclusive right, subject to the Senior Liens Debt Documents, to adjust settlement with respect to any insurance coverage for any Collateral, the proceeds of which will be applied solely in accordance with the terms of the Senior Liens Debt Documents.
Fax: (000) 000-0000 If to any Third Lien Lender Party c/o WELSH, CARSON, XXXXXXXX & XXXXX 000 Xxxx Xxxxxx Xxxxx 0000 Xxx Xxxx, XX 00000 Attention: Xxxx Xxxxxxx Fax: (000) 000-0000 With copies (which shall not constitute notice) to: XXXXX XXXX & XXXXXXXX 000 Xxxxxxxxx Xxxxxx Xxx Xxxx, XX 00000 Attn: Xxxxxx Xxxxxxxx, Esq.
If the CRO resigns, Debtors shall immediately notify Second Lien Agent and Third Lien Lender in writing and provide Second Lien Agent and Third Lien Lender with a copy of any notice of resignation immediately upon the sending of such notice by such CRO.
Third Lien Lender shall have the right to waive any of the terms, rights and remedies provided or acknowledged in this Interim Cash Collateral Order in respect of Third Lien Lender (the “ Third Lien Lender Rights”), and shall have no obligation or duty to any other party with respect to the exercise or enforcement, or failure to exercise or enforce, any Third Lien Lender Right(s).
Written personnel procedures.The provider shall have and implement provider approved written personnel procedures and make these readily accessible to each staff member.
Any waiver by Third Lien Agent of any Third Lien Lender Rights shall not be or constitute a continuing waiver.
In no event shall Second Lien Agent, any Second Lien Lender or Third Lien Lender be subject to the equitable doctrine of “marshalling” or any similar doctrine with respect to the Collateral.