Examples of Third Party Creditors in a sentence
Status of the Listed Notes In respect of the obligations of the Issuer to pay interest onand repay principal of the Listed Notes, the Intercreditor Agreement and the Conditions provide that Listed Notes will be subordinated to the claims of certain Related Third Party Creditors of the Issuer and the Other Issuer Secured Creditors that are expressed to rank ahead of the Listed Notes in accordance with the applicable Priority of Payments.
Buyer further acknowledges that Seller is not 27 liable for delays caused by the Third Party Creditor(s) or costs and expenses incurred by the Buyer if the Third Party 28 Creditor(s) does not allow the closing of the short sale.
Other procurement specific documentation requirements are: a) Undertaking that quoted goods are genuine, brand new, and as per required specs b) Provide an undertaking on legal stamp paper that “Bidder's company is not blacklisted by any organization or involved in any kind of lawsuits in this regard.
Residents are referred to appropriate health professionals, such as doctors, speech pathologists, occupational therapists and dietitians as necessary, and any recommendations are recorded on the residents care plan.
Value of Trusts as Protective Mechanisms • Protection from: • Third Party Creditors: o Unexpected plaintiff bringing a lawsuit.
Status of the Monviso Notes The Monviso Notes are subordinated to the claims ofcertain Monviso Connected Third Party Creditors and the Monviso Secured Creditors that rank ahead of the holders of the Monviso Notes in the relevant Monviso Priority of Payments.
If the Third Party Creditor(s) has not provided final, written 22 approval within the number of days specified above, either party may, at his option, terminate this Agreement with 23 days written notice as provided for in this Agreement and any Xxxxxxx Money shall be returned to Buyer.
The parties agree and understand that the Third Party Creditor(s) may require 30 the Seller to continue to market the Property and continue to submit additional offers and/or back-up contracts to them 31 for approval, even after Buyer and Seller have agreed upon terms and submitted their contract for approval.
Each Partner, by acquiring its interest in the Partnership and becoming a partner of the Partnership, shall be liable to the creditors of the Partnership (hereinafter referred to individually as a "Third Party Creditor", and collectively as the "Third Party Creditors").
The Law Relating to Series LLCs is Not Fully Developed, and the Company’s Assets may Become Subject to the Claims of Third Party Creditors.