2007 Investment Agreement means the Funding Agreement, dated as of April 16, 2007, by and among the Parent Company, the Borrower and certain members of the Existing Investor Group and their Affiliates, upon the terms and subject to the conditions of which (among other things) the Parent Company is to receive certain Permitted Investor Loans.
Examples of 2007 Investment Agreement in a sentence
VRA reaffirms the requirements of the prior Supplemental Indentures regarding the Minimum Balance and provides that Minimum Balance with respect to the 2007 Bonds shall remain a function of the original principal amount of the 2007 Local Bonds as described in the Second Subordinate Series Supplement and in accordance with the 2007 Investment Agreement.
The Trustee may withdraw such cash and securities in the event that FSA or the guarantor defaults under the 2007 Investment Agreement.
Following certain credit ratings downgrades of the guarantor of the 2007 Investment Agreement, in February 2013, FSA caused the 2007 Investment Agreement to be collateralized with cash and other agreed upon securities in an amount approximately equal to the amount currently invested under the 2007 Investment Agreement.
Until a QIPO, the Company shall not issue any securities of any kind or options to purchase securities of any kind without the approval of the majority of the directors appointed by the holders of the Preferred Shares, provided however that shares issued upon the exercise of warrants, options, or other rights outstanding prior to the 2007 Investment Agreement or the grant of options (and shares issued upon exercise of such options) under the Company’s incentive plans, are not subject to such approval.
For the avoidance of doubt, notwithstanding Sections 6.5 and 6.6 of the 2007 Investment Agreement, the parties agree that Sections 4.4, 4.5 and 4.6 of this Agreement shall apply to any controversy, claim, action, suit or proceeding arising out of, relating to or in connection with this Agreement.