Credit Parties definition
Examples of Credit Parties in a sentence
Each of the Credit Parties hereby covenants and agrees that it shall at all times and from time to time hereafter and upon every request by the Lender so to do, make, do, execute, deliver or cause to be made, done, executed and delivered, all such further acts, deeds, assurances, opinions and things as may be required for more effectually implementing and carrying out the provisions of this Agreement.
Section 6.16.4 Except as may result from the exercise of remedies under the Loan Documents, none of the Credit Parties or any “affiliate” (as that term is defined in PUHCA) of any of them will, solely as a result of (i) the Transactions, (ii) the Borrower’s indirect ownership of the Projects, or (iii) the Project Companies’ sale or transmission of electricity from the Projects, be or become subject to regulation under the FPA, PUHCA or any state public utility laws and regulations.
Each Obligor hereby acknowledges that each of the Credit Parties and any arrangers or bookrunners named herein (collectively, together with the Affiliates of each of the foregoing, the “Lender Group”) is acting solely as lender, agent, bookrunner or arranger, as applicable, in connection with the Transactions contemplated by the Loan Documents (without limiting the provisions of Section 10.10).
Section 4.7.1 Unless otherwise expressly provided in a Loan Document, all payments by the Borrower pursuant to each Loan Document shall be made by the Borrower to the Administrative Agent for the pro rata account of the Credit Parties entitled to receive such payment.
The Loan Parties hereby acknowledge, confirm and agree that the Security Documents, as modified, and any and all Liens previously granted to the Agent, for the benefit of the Credit Parties, shall continue to secure all applicable Obligations of the Loan Parties at any time and from time to time outstanding under the Credit Agreement and the other Loan Documents, as such Obligations have been amended pursuant to this Amendment.