Finance Parties definition
Examples of Finance Parties in a sentence
This Agreement is not intended by the parties to, and shall not constitute, a payment, discharge, satisfaction or novation of the whole or any item or part of the Secured Obligations (as defined in the Existing Credit Agreement) remaining outstanding and owing to the Finance Parties until paid in full in accordance with the provisions of this Agreement.
None of the Finance Parties shall be entitled to enjoy any Lien with respect to any of the Secured Assets other than the Security.
Each of the Finance Parties agree to accelerate the Secured Obligations owed to it to the extent permitted under the relevant Finance Document and in accordance with the relevant Finance Document.
The Administrative Agent shall promptly notify the Finance Parties of all instructions and approvals of the Majority Lenders.
Upon the Security becoming enforceable in accordance with its terms, the Administrative Agent shall promptly so notify each of the Finance Parties in writing.