Material Transaction Documents definition
Examples of Material Transaction Documents in a sentence
Each Loan Document and the Material Transaction Documents to which each Obligor is a party constitute, or will, on the due execution and delivery thereof by such Obligor, constitute, the legal, valid and binding obligations of such Obligor, enforceable against it in accordance with their respective terms (except, in any case, as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization or similar laws affecting creditors' rights generally and by principles of equity).
On the Closing Date, Mergerco shall have accepted for purchase not less than the Minimum Shares, the Minimum Condition shall have been satisfied concurrently with the initial Credit Extension hereunder, and all other aspects of the Tender Offer required to be completed on the Closing Date shall have been consummated pursuant to the Material Transaction Documents.
None of the Material Transaction Documents (including the Acquisition Agreement) shall have been amended, supplemented, waived or otherwise modified in any material respect after the date of the Commitment Letter without the prior written consent of the Agents (which consent shall not be unreasonably withheld).
Upon obtaining such consent, Borrower shall not be required to reference the applicable change to the Material Transaction Document(s) in its certification set forth in clause (iv) of this Section 3.2(b).
Borrower may seek Lender’s consent to any material changes to the Material Transaction Documents prior to the Financial Closing Date, which consent shall not be unreasonably withheld, conditioned or delayed.