Greenstar definition
Examples of Greenstar in a sentence
The Company shall not, and shall not permit any of its Subsidiaries to, directly or indirectly convert the TerrAscend Exchangeable Shares into common shares of TerrAscend or exercise the TerrAscend Option to acquire common shares of TerrAscend prior to the date that CBG and Greenstar have exchanged their respective Canopy Shares held for exchangeable shares in the capital of Canopy.
Lender's and its Affiliates' interest in Borrower's Net Cash Flow pursuant to such pledge agreements shall be senior to all other Debt of Borrower (except Borrower's other Obligations to Lender under this Agreement) and any obligations of Borrower to Greenstar for management fees.
No delay or omission on the part of Greenstar in exercising any right hereunder shall operate as a waiver of such right or of any other right under this Note.
Greenstar is not required, but may choose at its sole discretion, to rely on any security granted to it for the payment of this Promissory Note in the case of default, but may proceed directly against the Debtor.
Pursuant to a Master Agreement dated October 24, 1994 among Pacific Lightwave, Inc., a Washington corporation (now known as "GST Pacific Lightwave, Inc."), Greenstar Telecommunications Inc., a Canadian corporation (now known as "GST Telecommunications, Inc.") ("GSI"), GST Telecom Inc., a Delaware corporation ("GST"), Pacwest Network L.L.C., an Oregon limited liability company ("Pacwest"), and Tomen America, Inc.
In addition to exercising any rights Greenstar has been granted by Debtor under the Assignment, Debtor, as evidenced by its signature below, authorizes Greenstar to seek any other legal means of collection if Debtor is in default of this Note.
To: Greenstar Investment Limited Partnership (the “Purchaser”) Ladies and Gentlemen: Reference is made to that certain Subscription Agreement dated October 27, 2017 (as amended, restated, extended, supplemented or otherwise modified in writing, the “Agreement”), by and between the Purchaser and Canopy Growth Corporation (the “Company”).
Payments shall be applied first to the payment of any fees, expenses or past due amounts owing by the Debtor to Greenstar, second to interest accrued on the unpaid principal balance, if applicable, and third to the principal balance.
This Note shall only be amended if such amendment is agreed to by both Debtor and Greenstar, in writing, and executed by both Debtor and Greenstar.
The Purchaser and Canopy covenant and agree in favour of the Company that: (a) from the date hereof until and including the Effective Date, each shall procure that: (a) neither CBG, Greenstar nor any of their affiliates (other than Canopy) shall be permitted to invest directly in the Purchaser; and (b) any investment by either of them, intended for the benefit of the Purchaser, shall be made directly into Canopy.