Examples of Vendor Financing Agreement in a sentence
Except as herein provided, the Vendor Financing Agreement shall remain unchanged and in full force and effect.
The Lender-Owners’ failure and refusal to honor their commitments and obligations pursuant to the Vendor Financing Agreement and Master Supplier Agreement constitute a breach of the Lender-Owners’ implied covenant of good faith and fair dealing.
The entering into of the Second Supplemental Agreement constitutes a material variation to the terms of the Vendor Financing Agreement and the transactions contemplated under it.
As a direct and proximate result of the Lender-Owners’ failure to honor their obligations under the Vendor Financing Agreement and the Master Supplier Agreement, each of the Lender-Owners is jointly and severally liable to Tanya in an amount to be determined at trial, but in no event less than $1,734,187.60, with interest thereon as provided by law.
In addition, with the Lender-Owners agreeing to forbear, the maturity date of the Vendor Financing Agreement was extended for one year until May 15, 2020.