Examples of Working Capital Agent in a sentence
The foregoing provisions of this Section 4.1(b) shall not impose on Working Capital Agent or any other Working Capital Claimholder any obligations which would conflict with prior perfected claims therein in favor of any other person or any order or decree of any court or other governmental authority or any applicable law.
Until the payment in full in cash of the Working Capital Obligations, the Working Capital Agent shall be the “Control Agent” for the purpose of perfecting the security interests granted in any DIP Collateral by possession or control pursuant to the DIP Loan Documents.
The Fixed Asset Collateral Trustee, for itself and on behalf of the other Fixed Asset Claimholders, (a) acknowledges and consents to the grant to the Working Capital Agent by the Company and the Subsidiary Loan Parties on the date hereof of a limited, non-exclusive royalty-free license in the form of Exhibit A hereto (the "IP License") and (b) agrees that its Liens in the Fixed Asset Collateral shall be subject to the IP License.
Each of the Working Capital Agent and the Fixed Asset Collateral Trustee may demand specific performance of this Agreement.
This will include documenting planned transportation infrastructure improvements that could affect accessibility to the site.