Triton LLC definition
Examples of Triton LLC in a sentence
Nothing herein contained shall impair, as between any Triton LLC and Lender, the obligations of such Triton LLC under any SPV Indebtedness.
In no event shall Lender have any obligation (although it is entitled, at its option) to proceed against any Triton LLC or any other Person or any Letter of Credit or any real or personal property pledged to secure the Obligations before seeking satisfaction from Guarantor.
All payments required to be made by Guarantor hereunder shall be made to Lender free and clear of, and without deduction for, any and all present and future taxes, withholdings, levies, duties, and other governmental charges ("Taxes"), excluding such income and franchise taxes thereof which would otherwise have been payable by Lender if the Triton LLC that is the borrower under any SPV Indebtedness, as the case may be, had paid the Obligations to Lender in accordance with the terms of any SPV Indebtedness.
Guarantor represents, warrants and agrees that, as of the date of this Guaranty, its obligations under this Guaranty are not subject to any offsets or defenses against Lender or any Triton LLC of any kind.
Guarantor further agrees that its obligations under this Guaranty shall not be subject to any counterclaims, offsets or defenses against Lender or against any Triton LLC of any kind which may arise in the future.
If Lender may, under applicable law, proceed to realize its benefits under any SPV Indebtedness, giving Lender a lien upon any collateral, whether owned by the Triton LLC that is the borrower under such SPV Indebtedness or by any other Person, either by judicial foreclosure or by non-judicial sale or enforcement, Lender may, at its sole option, determine which of its remedies or rights it may pursue without affecting any of its rights and remedies under this Guaranty.
If, in the exercise of any of its rights and remedies, Lender shall forfeit any of its rights or remedies, including its right to enter a deficiency judgment against a Triton LLC or any other Person, whether because of any applicable laws pertaining to "election of remedies" or the like, Guarantor hereby consents to such action by Lender and waives any claim based upon such action.
Any election of remedies which results in the denial or impairment of the right of Lender to seek a deficiency judgment against a Triton LLC or any other Person shall not impair Guarantor's obligation to pay the full amount of the Obligations.
Oklahoma ▇▇▇▇ Communications Company Maryland ADDvantage Triton, LLC Oklahoma the Secured Parties identified therein (the “Security Agreement”) Reference is made to the Security Agreement as defined above; capitalized terms used herein and not otherwise defined herein shall have the meanings given to such terms in, or by reference in, the Security Agreement.
Encoal and NuCoal will not enter into any transactions prior to the Closing Date, other than in the ordinary course of business, except for matters being negotiated with Triton LLC with respect to bonding and other terms or requirements under the Encoal Use Agreement.