Autocon definition
Examples of Autocon in a sentence
To the extent that the Company, IMS, or Autocon is prohibited by the terms of any agreement to which it is a party from granting a lien to the Agent on any of its property which the Agent or the Lenders have reasonably requested, the Company shall use its best efforts to obtain the consent of the other parties to each such agreement to the granting of the liens required.
For the benefit of the Agent and the Lenders, and to secure repayment of all Credit Obligations, on or before the Effective Date, the Company, IMS, and Autocon shall execute and deliver the Security Documents and such other confirmations, instruments and documents as the Agent or the Lenders shall reasonably request.
All notices and other communications hereunder shall be in writing and shall be delivered or sent to the Guarantors at Autocon Technologies, Inc., ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇, Attention: Chief Financial Officer, and at IMS Technology, Inc.
The Company desires to amend the Reimbursement Agreement to coordinate its provisions with those of this Agreement, to have Autocon and IMS guaranty its obligations thereunder, and to have NBD Michigan acknowledge such amendments and guaranty.
Autocon and IMS (each as defined below) have separately provided certain security to NBD Michigan to secure the prompt and complete payment of amounts due under the 1996 Credit Agreement, and desire to guaranty the Company's performance under this Agreement.
All payments or distributions made to the Agent or either of the Lenders on account of allowed non-subordinated claims respecting Credit Obligations in a bankruptcy or other insolvency proceeding of the Company or Autocon shall be made subject to the sharing provisions of Article III.