Examples of Benefitted Party in a sentence
Each Benefitted Party agrees that upon the occurrence of a Triggering Event, it shall promptly notify the Collateral Agent of the occurrence of such Triggering Event.
During the first sprint, the team worked with EPUB-based publications that include a variety of multimedia and supplementary material either within the EPUB itself or as a platform-level resource.
Notwithstanding any contrary provision, it is the intention of each Guarantor and each Benefitted Party that the amount of the Guaranteed Debt guaranteed by each Guarantor under this Guaranty shall be in, but not in excess of, the maximum amount permitted by fraudulent conveyance, fraudulent transfer, or similar insolvency Laws applicable to such Guarantor.
Each Guarantor confirms that it has made its own independent investigation with respect to Borrower’s creditworthiness and is not executing and delivering this Guaranty in reliance on any representation or warranty by any Benefitted Party as to such creditworthiness.
All rights granted to Administrative Agent under or in connection with this Guaranty are for the benefit of each Benefitted Party.