Examples of Class B Note Purchasers in a sentence
The Issuer, the Purchaser, the Seller, the Servicer, the Class B Note Purchasers and the Class B Noteholders hereby waive any and all conflicts of interest (if any) that may arise in respect of the exercise of any such rights or remedies by the Class A Note Purchaser or any Class A Noteholder.
Levels of Significant Exposure to Sulfur Mustard -Inhalation 293-2.
The Issuer agrees not to sell, offer for sale or solicit offers to buy or otherwise negotiate in respect of any security (as defined in the Securities Act) that would be integrated with the sale of the Class B Notes and the Class A Notes in a manner that would require the registration under the Securities Act of the sale to the Class B Note Purchasers and the Class A Note Purchasers of the Class B Notes and the Class A Notes, respectively.
Accordingly, any action taken or omitted by the Class A Note Purchaser or any Class A Noteholder under this Indenture, the Class A Notes or any other Basic Document may not be in the interests of, and may be directly adverse to the interests of, the Issuer, the Purchaser, the Seller, the Servicer, the Class B Note Purchasers and the Class B Noteholders (or any of them).
Accordingly, any action taken or omitted by the Class A Note Purchaser or any Class A Noteholder under this Agreement or any other Basic Document may not be in the interests of, and may be directly adverse to the interests of, the Issuer, the Purchaser, the Seller, the Servicer, the Class B Note Purchasers and the Class B Noteholders (or any of them).
The offer, sale and delivery of the Class A-1 Notes and the Class B Notes by the Depositor to the Class A-1 Note Purchasers and the Class B Note Purchasers, respectively, in the manner contemplated in the Class A-1 Note Purchase Agreement and the Class B Note Purchase Agreement, respectively, does not require registration under the Securities Act; provided, that we express no opinions as to any subsequent resale of the Class A-1 Notes or the Class B Notes.
On the Closing Date, the Purchasers’ Agent shall take delivery of the Class B Notes and maintain custody thereof on behalf of the Class B Note Purchasers.
In addition, to secure the payment of principal of and interest on, and any other amounts owing in respect of the Class B Notes, the Bear Secured Obligations and any and all other amounts due and payable to the Class B Note Purchasers and the Class B Noteholders under the Basic Documents, and to secure compliance with this Indenture, the Issuer has agreed to pledge the Pledged Subordinate Securities as collateral to the Trustee for the benefit of the Class B Noteholders and the Class B Note Purchasers.
Under no circumstances shall the Class B Note Purchasers fund any Loan if after giving effect to such Funding or Incremental Funding, the aggregate Class B Note Principal Balance outstanding hereunder would (i) exceed the Class B Note Commitment or (ii) exceed the product of (y) one-ninth (1/9) and (z) the aggregate Class A Note Principal Balance outstanding under the Class A Note Purchase Agreement after giving effect to the Funding or Incremental Funding made thereunder on the same date.
The Class B Note Purchasers, the Purchasers’ Agent, the Issuer, and the Servicer will take all reasonable action necessary to obtain (and will cooperate with one another in obtaining) any consent, authorization, permit, license, franchise, order or approval of, or any exemption by, any Governmental Authority or any other Person, required to be obtained or made by it in connection with any of the transactions contemplated by this Class B Note Purchase Agreement.