Examples of GECC Credit Agreement in a sentence
For the avoidance of doubt, the transactions entered into by SMT under the GECC Credit Agreement and the GECC Pledge Agreement are acknowledged hereby as transactions not intended to circumvent the restrictions of this Section 3.1(a).
I will pay when due any and all debts owed under the GECC Credit Agreement, subject to any waivers to which the Lenders thereunder may agree.
The Nether- lands already possesses a generic legal framework for supervision and control in inter alia the municipal and provincial law (the ‘Gemeentewet’ and the ‘Provinciewet’), but the NErpe offers an ultimate and extremely powerful means, which could be emulated by other Member States.
Each Fox Party acknowledges that GECC has expressly reserved its right to withhold its consent to any Alternative Transaction to the extent that the terms of such Alternative Transaction do not provide for the satisfaction in full in cash of the Obligations outstanding under the GECC Credit Agreement upon Closing.
As of the Closing or -------------------------------- simultaneously with the Closing: (a) all Obligations (as defined in the GECC Credit Agreement) shall have been satisfied in full by delivery to GECC of the McKesson Note and (b) all of the Borrower Secured Obligations (as defined in the GECC Receivables Funding and Servicing Agreement) shall have been satisfied by payment in full to GECC in cash.
Sellers will use the ----------------------- $30,000,000 of proceeds from the Purchaser Participation solely to acquire "eligible inventory" as defined in the GECC Credit Agreement.
Stakeholders must only be remunerated for legitimate services provided to us or on our behalf.
Any proxies (other than the Proxy) heretofore given in respect of such Shareholder's Subject Shares are not irrevocable and all such proxies are hereby revoked, except, with respect to SMT, that the GECC Parties may be entitled to exercise voting and consensual rights with respect to the SMT Shares pursuant to Article 5(b) of the GECC Pledge Agreement upon the occurrence of an "Event of Default" or "Additional Acceleration Event" under the GECC Credit Agreement.
The headings of the Articles and Sections of this Agreement are included for purposes of convenience only, and shall not affect the construction or interpretation of any of its provisions.
The proceeds (x) of the Term Loans and up to $10,000,000 of the Revolving Loans are to be used solely to repay (i) all amounts outstanding under the GECC Credit Agreement and (ii) the full principal amount of and all interest accrued under outstanding Connector Notes, and (y) the balance of the Revolving Loans are to be used solely for the general corporate purposes of the Borrower, including non-hostile acquisitions otherwise permitted herein.