Backstop Agreements definition

Backstop Agreements means the Debt Backstop Agreement and the Equity Backstop Agreement.

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Backstop Agreements shall have the meaning set forth in the Recitals hereof.

Backstop Agreements means those certain agreements providing for the allocation of liability and contribution for losses arising from any “bad boy” guaranties constituting part of the Loan Documents.

Examples of Backstop Agreements in a sentence

The number of Shares to be purchased by the Subscriber shall be calculated by first determining the cash and cash equivalents available to the Company on the Closing Date (as defined below), after redemptions of shares held by Public Stockholders but prior to the payment of expenses and other liabilities of the Company, and prior to any issuances under this Subscription Agreement or any of the other Backstop Agreements (the “Available Cash”).
Annexed hereto is a true, correct and complete duly executed Backstop Agreement(s) providing for the acquisition or purchase by WiMi Hologram Cloud Inc.
Unless otherwise approved in writing by the Company (which approval shall not be unreasonably withheld, conditioned or delayed), Purchaser shall not permit any amendment or modification to be made to, any waiver (in whole or in part) of, or provide consent to modify (including consent to terminate), any provision or remedy under, or any replacements of, any of the Backstop Agreements.
To the Knowledge of the Company, with respect to each Backstop Shareholder, the Backstop Agreements are in full force and effect and have not been withdrawn or terminated, or otherwise amended or modified, and no withdrawal, termination, amendment or modification is contemplated by the Company.
No default or event of default (taking into account the proposed issuance of any requested Credit) shall have occurred and be continuing with respect to the Cobra Irrevocable Agreement, the Backstop Agreements or any other financing of Parent, TPO or Applicant.

More Definitions of Backstop Agreements

Backstop Agreements means, collectively:

Backstop Agreements means, collectively, (i) the Backstop Commitment Agreement, dated as of April 11, 2018, by and between the Company and York Capital Management Global Advisors, LLC, severally on behalf of certain funds or accounts advised by it or its Affiliates, (ii) the Backstop Commitment Agreement, dated as of April 11, 2018, by and between the Company and Valinor Management, L.P., severally on behalf of certain funds or accounts for which it is investment manager and (iii) the Backstop Commitment Agreement, dated as of April 11, 2018, by and between the Company and Halcyon Capital Management LP, severally on behalf of certain funds or accounts advised by it or its Affiliates.

Backstop Agreements means, collectively, (a) the Credit and Guaranty Agreement, dated as of October 17, 2017, among TPO, as borrower, TerraForm Power, LLC, as a guarantor, certain subsidiaries of TPO, as guarantors, the lenders party thereto from time to time, and HSBC Bank USA, National Association, as administrative agent and collateral agent (the “Revolver”); (b) the Credit Agreement, dated as of October 16, 2017, by and among Parent, as Borrower, and Brookfield Asset Management Inc., a corporation existing under the laws of the Province of Ontario, and Brookfield Finance Luxembourg S.ÀR.L., a société à responsabilité limitée organized under the laws of the Grand Duchy of Luxembourg, as Lenders (the “Sponsor Line”); and (c) the Support Agreement dated as of February 6, 2018 by and among Parent and Brookfield Asset Management Inc. (the “Support Agreement”).

Backstop Agreements means, collectively, (i) the Backstop Commitment Agreement, dated as of April 11,

Backstop Agreements means, collectively, the Additional Backstop Agreements and the Initial Backstop Agreements;

Backstop Agreements means the PAR Backstop Agreement and the Putnam Backstop Agreement. “Business Combination” refers to the Row 44 Merger and the AIA Stock Purchase, collectively.

Backstop Agreements means the backstop agreements among Compton, Compton Finance and the Backstoppers, including any adhesion agreements associated therewith and entered into by Additional Backstoppers.