NMLP Clause Samples
NMLP. NMLP covenants and agrees that from the date hereof and so long as any indebtedness is outstanding hereunder, or any of the NMLP Loan or other NMLP Obligations remains outstanding, as follows:
NMLP. NMLP warrants and represents to Administrative Agent and each of the Lenders for the express purpose of inducing Lenders to enter into this Agreement, to make the NMLP Loan Advance, and to otherwise complete all of the transactions contemplated hereby that upon the date of the NMLP Loan Advance and at all times thereafter until the NMLP Loan has been repaid and all NMLP Obligations have been satisfied as follows:
NMLP. NMLP covenants and agrees that from the date hereof and so long as any NMLP Obligations remain outstanding hereunder, NMLP shall not (and shall not suffer or permit the other NMLP Loan Parties (except the Excepted Loan Parties), and/or the NMLP Subsidiaries to):
8.1.1 No Changes to NMLP and other NMLP Loan Parties. Without the prior written consent of the Agent, which consent will not be unreasonably withheld, after not less than thirty (30) days' prior written notice (with reasonable particularity of the facts and circumstances attendant thereto):(i) change its jurisdiction of organization, (ii) change its organizational structure or type, (iii) change its legal name, or (iv) change the organizational number (if any) assigned by its jurisdiction of formation or its federal employer identification number (if any).
8.1.2 Restrictions on Liens. Create, incur, assume or suffer to exist any Lien upon or with respect to any property or assets (real or personal, tangible or intangible, including, without limitation, the Individual Properties), whether now owned or hereafter acquired, or sell any such property or assets subject to an understanding or agreement, contingent or otherwise, to repurchase such property or assets (including sales of accounts receivable with recourse) or assign any right to receive income or permit the filing of any financing statement under the UCC or any other similar notice of Lien under any similar recording or notice statute, or grant rights with respect to, or otherwise encumber or create a security interest in, such property or assets (including, without limitation, any item of NMLP Collateral) or any portion thereof or any other revenues therefrom or the proceeds payable upon the sale, transfer or other disposition of such property or asset or any portion thereof, or permit or suffer any such action to be taken, except the following (singly and collectively, "NMLP Permitted Liens"):
(1) Liens created by the NMLP Loan Documents;
(2) Liens for taxes, assessments or other governmental charges not yet delinquent or which are being diligently contested in good faith and by appropriate proceedings, if (x) reasonable reserves in an amount not less than the tax, assessment or governmental charge being so contested shall have been established in a manner reasonably satisfactory to the Agent or deposited in cash (or cash equivalents) with the Agent to be held during the pendency of such contest, or such contested amount shall have been dul...
NMLP. On each Principal Payment Date, NMLP shall pay principal in quarterly installments of the NMLP Pre IPO Payment Amount. To the extent the Maturity Date is extended to any Extended Maturity Date, the required quarterly principal payment set forth above shall continue to be due on each Principal Payment Date. The entire principal balance of the Loan shall be due and payable in full on the Maturity Date (or as may be applicable, any Extended Maturity Date). Together with each such payment, NMLP shall provide the Administrative Agent with a completed NMLP Pre IPO Payment Amount Calculation Sheet in the form of Exhibit T attached hereto and such other evidence as the Administrative Agent shall reasonably request in order to demonstrate the calculation of the subject NMLP Pre IPO Payment Amount, including, without limitation, the calculation of the Excess Cash Flow for the subject Fiscal Quarter.
NMLP. Commencing on the first Principal Payment Date after receipt of the IPO Payment and continuing on each Principal Payment Date thereafter, NMLP shall pay principal in quarterly installments of the NMLP Post IPO Payment Amount. To the extent the Maturity Date is extended to any Extended Maturity Date, the required quarterly principal payment set forth above shall continue to be due on each Principal Payment Date. The entire principal balance of the NMLP Loan shall be due and payable in full on the Maturity Date (or as may be applicable, any Extended Maturity Date).
NMLP. NMLP covenants and agrees that from the date hereof and so long as any NMLP Obligations remain outstanding hereunder, NMLP shall not (and shall not suffer or permit the other NMLP Loan Parties (except the Excepted Loan Parties), and/or the NMLP Subsidiaries to):