Lathi definition
Examples of Lathi in a sentence
Amended and Restated Loan Agreement between ▇▇▇▇▇▇ Commodity Partners Fund LP (f/k/a Sowood Commodity Partners Fund LP f/k/a Lathi, LLC) and MXenergy Inc.
The contractor shall be responsible to make necessary arrangements for proper uniform with caps, Lathi, shoes, raincoats/jerseys, Beet books, registers, and all other equipments needed by the security staff for performance of their duties efficiently.
On the Restatement Date, Lathi shall have received from Paul, Hastings, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ LLP, counsel to MXE, their opinion with respect to the transactions contemplated by this Agreement, which opinion shall be in substantially the form attached hereto as Exhibit 4.1.5.
Lathi shall have no duty to determine the adequacy of any such security in connection with any such offset.
On the Amendment Date, Lathi shall have received from Paul, Hastings, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ LLP, counsel to MXE, their opinion with respect to the transactions contemplated by this Agreement, which opinion shall be in form and substance satisfactory to Lathi.
MXE may from time to time request a Loan under Section 1.1 by providing Lathi a borrowing request in the form of Exhibit 1.2 (a “Borrowing Request”) not later than noon on the business day prior to the requested date for extension of such Loan (each such date a “Funding Date”) specifying (a) the amount of the requested loan, which shall be in an amount not less than $100,000 and (b) the requested Funding Date therefor, which shall be a business day.
None of Lathi or any of its affiliates shall have, and MXE will in no event represent or otherwise in any way imply or intimate that Lathi or any of its affiliates has, any involvement in or is in any way responsible for or liable in respect of any obligation or liability of MXE.
The representations and warranties of MXE set forth or incorporated by reference herein shall be true and correct in all material respects on and as of the Amendment Date as if originally made on and as of the Amendment Date; no Default shall have occurred on or prior to the Amendment Date; and Lathi shall have received a certificate to these effects signed by an officer in the event the Amendment Date occurs after the date hereof.
Lathi may, in its sole discretion, proceed to enforce payment of the Loans in such manner as it may elect and to realize upon any and all rights in the collateral pledged pursuant to the Security Agreement.
MXE shall give Lathi at least one business day’s prior notice of its intention to prepay the Loans under this Section 3.3, specifying the date of payment and the total amount of the Loans to be paid on such date.