Examples of Working Capital Loan Documents in a sentence
Notwithstanding any of the terms or provisions of the Working Capital Loan Documents, each Subordinated Noteholder, by its acceptance of a Subordinated Note, does hereby ratify and acknowledge the existence of the Senior Indebtedness and the liens securing the Senior Indebtedness and the obligations of the Borrower in connection with the Acquisition Loan Documents.
Skinner then takes a position against the marketisation (refer to the earlier arguments of Bargh, Scott and Smith (1996) as on p 48) and politicisation of education and calls the current trend in education, an “ideology of the marketplace with educational systems and policies being put in place to support ideology”.
The Borrower will immediately prepay the outstanding principal amount of the Term Loan in the event that the Working Capital Commitment or the Working Capital Loan Documents are terminated as a result of an acceleration of the indebtedness thereunder (it being agreed that the maturity of the Working Capital Facility solely in accordance with its terms and without further action by the Working Capital Lender (e.g., upon its scheduled maturity date) shall not constitute an acceleration).
No Credit Party will, nor will it permit any of its Subsidiaries to amend, restate, supplement, modify or otherwise change the Working Capital Loan Agreement or any other Working Capital Loan Documents except as otherwise permitted under the terms of the Intercreditor Agreement.
Upon the acceptance of any appointment as Master Collateral Agent hereunder by a successor, such successor will thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Master Collateral Agent and the retiring Master Collateral Agent will be discharged from its duties and obligations hereunder and under the Acquisition Loan Documents and the Working Capital Loan Documents.