Ascribe Funds definition
Examples of Ascribe Funds in a sentence
In the event a payment is required to be made by Ascribe to Seller pursuant to Section 7.1(c) or Section 7.1(d)(ii), Ascribe will cause the Ascribe Funds to fund the amount of such payment, which shall be paid directly or indirectly by Ascribe to Seller in accordance with this Section 7.1.
The Ascribe Funds have sufficient unfunded capital to fund the Par Value of the Senior Notes, and Ascribe is authorized to call capital from the Ascribe Funds for purposes of making payments pursuant to Section 7.1.