BFPH definition
Examples of BFPH in a sentence
Holdings will not permit any of its Subsidiaries (other than BFPH) to create or own any Unrestricted Subsidiaries.
As of the Restatement Effective Date, there is no action, suit, proceeding, investigation, audit, or claim now pending or, to the knowledge of Holdings or BFPH, threatened by any authority regarding any material taxes relating to Holdings or any of its Subsidiaries.
Except as otherwise permitted by this Section 9.06, in no event shall any management or similar fees be paid or payable by Holdings or any of its Subsidiaries to any Affiliate (other than BFPH, any U.S. Borrower or any U.S. Subsidiary Guarantor).
The Administrative Agent shall have received an officer's certificate from an Authorized Representative of BFPH certifying that all matters set forth in Section 5.02(a) have been satisfied (or shall have be satisfied concurrently with) the incurrence of Tranche A Term Loans described in Section 5.02(a) above.
Additionally, BFPH unconditionally and irrevocably, guarantees the payment of any and all of the U.K. Guaranteed Obligations of the U.K. Borrowers to the Guaranteed Creditors whether or not due or payable by the U.K. Borrowers upon the occurrence of any of the events specified in Section 10.05, and unconditionally promises to pay such indebtedness to the Guaranteed Creditors, or order, on demand.
The indebtedness being incurred, assumed or guaranteed by Holdings, BFPH, BF Digital or the Subsidiary Guarantors, as the case may be, pursuant to the Agreement and/or the other Credit Documents and from the issuance of the Senior Subordinated Bridge Loans and the Mezzanine Subordinated Debt.
Holdings, BFPH and each U.K. Borrower is hereby authorized by, and on behalf of, each (other) U.K. Borrower to give Notices of -212- Borrowing, Notices of Conversion and other notices and directions in connection with the extensions of credit and repayments thereof to be made pursuant to this Agreement to the U.K. Borrowers (including without limitation notices as to the application of proceeds of such extensions of credit).
BFPH waives, to the full extent permitted by law, the benefit of any statute of limitations affecting its liability hereunder or the enforcement thereof.
Each U.S. Borrower hereby grants to Holdings, BFPH and each other U.S. Borrower an irrevocable power-of attorney, in such U.S. Borrower's name, to take the actions contemplated above in this Section 13.17(a).
All payments made by BFPH pursuant to this Section 15 will be made without setoff, counterclaim or other defense, and shall be subject to the provisions of Sections 4.03 and 4.04.