Examples of Financing Term Sheet in a sentence
Convertible Note Financing Term Sheet (Seed-Stage Start-Up) A Lexis Practice Advisor® Form by.
The Postpetition Lender shall have no obligation to lend under the DIP Financing Term Sheet unless and until the conditions precedent set forth therein have been satisfied.
The DIP Financing Term Sheet and the other Postpetition Financing Documents provide that an Event of Default shall occur if any chapter 11 plan in the Borrower’s or the Guarantor’s Chapter 11 Case is confirmed and becomes effective unless such plan provides that the Postpetition Obligations shall be paid in full in cash on or before the effective date of such plan, unless the Postpetition Lender shall otherwise consent in writing prior to the effective date of such plan.
An Event of Default shall occur if any Debtor seeks an order dismissing the Borrower’s or the Guarantor’s Chapter 11 Case without the consent of the Postpetition Lender and prior to the indefeasible payment in full in cash and satisfaction in the manner provided in the DIP Financing Term Sheet and the other Postpetition Financing Documents of all obligations and indebtedness owing to the Postpetition Lender.
Convertible Note Financing Term Sheet (Seed-Stage Start-Up)The following is a summary of the basic terms and conditions of a proposed convertible promissory note financing of Company Name.
The rights and remedies of the Postpetition Lender specified herein are cumulative and not exclusive of any rights or remedies that the Postpetition Lender may have under the DIP Financing Term Sheet and the other Postpetition Financing Documents or otherwise.
The indemnities granted under this Interim Financing Term Sheet shall survive any termination of the Interim Facility.
In addition, the Borrower and the Guarantor each is hereby authorized and directed to indemnify the Postpetition Lender against any liability arising in connection with the DIP Financing Term Sheet or the other Postpetition Financing Documents to the extent provided in the DIP Financing Term Sheet or the other Postpetition Financing Documents.
In addition to complying with all provisions of the DIP Financing Term Sheet and this Interim Order, the Borrower is hereby authorized and directed to enter into any additional agreements providing for the establishment of lockboxes, blocked accounts or similar arrangements requested by the Postpetition Lender for purposes of facilitating cash collections from the Borrower in accordance with the terms of the DIP Financing Term Sheet and this Interim Order.
Convertible Note Financing Term Sheet (Seed- Stage Start-Up) A Lexis Practice Advisor® Form by.