Financing Instrument definition
Examples of Financing Instrument in a sentence
Owner shall have the absolute and unrestricted right from time to time in its sole and absolute discretion to encumber all of the assets that comprise the CityCenter Project, or Crystals Component, or any part thereof, all as contemplated in any Mortgage and/or Financing Instrument that is entered into by Owner, and to assign all of Owner’s right, title and interest in and to the CityCenter Project or any part thereof as security for any Mortgage and/or Financing Instrument.
Owner shall have the absolute and unrestricted right from time to time in its sole and absolute discretion to encumber all of the assets that comprise the Condo-Hotel, or any part thereof, all as contemplated in any Mortgage and/or Financing Instrument that is entered into by the Owner, and to assign all of the Owner’s right, title and interest in and to the Condo-Hotel or any part thereof as security for any Mortgage and/or Financing Instrument.
No covenant, agreement or obligation contained in any Financing Instrument shall be deemed to be a covenant, agreement or obligation of any present or future director, officer, employee or agent of the Authority in his individual capacity, and neither the directors of the Authority nor any officer thereof executing any Financing Instrument shall be liable personally on such Financing Instrument or be subject to any personal liability or accountability by reason of the issuance thereof.
Notwithstanding anything to the contrary herein or in any other Financing Instrument, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Financing Instrument.
To the extent that the execution and delivery of any Financing Instrument by the Borrower, or the performance of its obligations thereunder, would constitute a violation of or default under any other agreement to which the Bondholder and the Borrower are parties, such other agreement is hereby amended to permit such execution and delivery or such performance, as the case may be, and any default under such agreement resulting from such execution and delivery or such performance is hereby waived.
The City shall have the right to cure any monetary default by the Developer under a Security Financing Instrument after notice to Developer of the City's intent to cure, but only immediately prior to expiration of all applicable notice and cure periods available to the Developer.
All financial computations made pursuant to any Financing Instrument shall be made in accordance with generally accepted accounting principles consistently applied, and all balance sheets and other financial statements shall be prepared in accordance with generally accepted accounting principles consistently applied.
Owner shall have the absolute and unrestricted right from time to time in its sole and absolute discretion to encumber all of the assets that comprise the CityCenter Project, a Component, or any part thereof, all as contemplated in any Mortgage and/or Financing Instrument that is entered into by Owner, and to assign all of Owner’s right, title and interest in and to the CityCenter Project or any part thereof as security for any Mortgage and/or Financing Instrument.
Until such time as Section 8.1(o) has been complied with and notwithstanding Section 4(b) of this Amending Agreement, the parties hereto further acknowledge and agree that the Borrowing Base will not include any Financing Instrument Receivables of the Target until such time as such Financing Instrument Receivables constitute Eligible Financing Instrument Receivables under the Credit Agreement.
In the event that Landlord fails to deliver to Tenant an SNDA from the holder of any existing Financing Instrument within said 15-day period, Tenant shall be entitled to terminate this Lease upon notice to Landlord and without the payment of any Early Termination Fee.