Final Settlement Date definition
Examples of Final Settlement Date in a sentence
This Guaranty is a continuing agreement and shall (i) remain in full force and effect until the Final Settlement Date, (ii) be binding upon the Guarantor, its successors and assigns, and (iii) inure to the benefit of, and be enforceable by, the Beneficiaries and their respective successors, transferees and assigns.
Any other capitalized terms used but not defined in this Agreement (including, without limitation, the terms "Applicable Law," "Business Day," "Closing Date," "Event of Default," "Final Settlement Date," "Governmental Authority," "Lien," "Maturity Date," "Organizational Documents," "Person," "Pledged Collateral," "Required Lenders," "Secured Obligations, "Secured Party," "Secured Parties" and "Transaction Documents") have the meanings assigned to such terms under the Loan Agreement.
The Guarantor agrees that, notwithstanding anything to the contrary in this Guaranty, in any other Transaction Document or in any other agreement, arrangement or understanding between or among one or more of the parties hereto, prior to the date that is one year and one day after the Final Settlement Date, it shall not institute, or join any other Person in instituting, any Insolvency Proceeding against the Borrower.
The Borrower LLC Agreement shall not be amended or terminated, at any time prior to the Final Settlement Date, without the prior written consent of the Agent.
The power of attorney and irrevocable proxy granted under this Section 6.2 is (i) a power coupled with an interest and shall be irrevocable at all times prior to the Final Settlement Date and (ii) conferred on the Agent solely to (A) protect and preserve the Collateral, (B) realize upon its security interest in the Collateral and (C) otherwise exercise, preserve and protect the rights and interests of the Agent (on behalf of itself and the other Secured Partes) under the Related Documents.