GE Securitization Clause Samples
GE Securitization. The Noteholders hereby consent to (i) the execution, delivery and performance by the Company, ▇▇▇▇▇▇▇ Inc. ("▇▇▇▇▇▇▇"), Shakespeare Company, LLC ("Shakespeare"), K-2 Corporation ("K-2 Corp."), K2 Receivables Corporation ("K2 SPV") and K2 Finance Company, LLC ("K2 LLC") of the GECC Securitization Transactions. Notwithstanding anything to the contrary in this Agreement or the Note Agreement, as amended hereby, the Notes, the Subsidiary Guaranties, the Security Documents and the Intercreditor Agreement (collectively the "Transaction Documents"), the GECC Securitization Transactions and the execution and delivery of, and performance under, the GECC Securitization Documents by the Company and it subsidiaries party thereto shall not be deemed to violate or contravene any provision of the Transaction Documents.
GE Securitization. The Requisite Lenders hereby (a) consent to the execution, delivery and performance by the Borrower, ▇▇▇▇▇▇▇ Inc. ("▇▇▇▇▇▇▇"), Shakespeare Company, LLC ("Shakespeare"), K-2 Corporation ("K-2 Corp."), K2 Receivables Corporation ("K2 SPV") and K2 Finance Company, LLC ("K2 LLC") of the GECC Securitization Documents and (b) confirm that the facility being provided pursuant to the GECC Securitization Documents constitutes a Permitted Accounts Receivable Financing Facility.
