MILPI definition
Examples of MILPI in a sentence
Notwithstanding Section 9.1 or Section 9.2 hereof but subject to the limitations in Sections 9.5(a) and 9.5(b), in the event that any Purchaser Indemnified Party has a right to indemnification under this Article IX, MILPI shall be fully liable, jointly and severally with any other Seller or Sellers who may be liable for such amount hereunder, for the payment of Damages to such Purchaser Indemnified Party.
The maximum aggregate amount of Damages for which indemnity may be recovered from any individual Seller, other than MILPI, shall be equal to the cash amount of Purchase Price received by such Seller in connection with the consummation of the transactions contemplated hereby.
There has been no material adverse change in the business, properties or assets, operations, prospects, profitability or financial or other condition of any Borrower or MILPI since December 31, 2001 (or the date of the most recently delivered audited consolidated financial statements of such Borrower or MILPI, whichever is later).
Agent shall have received an originally executed opinion of counsel with respect to MILPI, in form and substance satisfactory to Lenders, dated as of the date of the initial Advance and addressed to Lenders, together with copies of any officer’s certificate or legal opinion of other counsel or law firm specifically identified and expressly relied upon by such counsel.
By Its________________________________________ By Its________________________________________ By: MILPI Holdings, LLC, a Delaware limited liability company By: Its Managing Member, PLM MILPI Holdings LLC, A Delaware limited liability company By:_________________________ ▇▇▇▇▇ ▇.
Purchaser and Sellers agree that the MILPI Guarantee Obligations are Excluded Assets and are not intended to inure to the benefit of Purchaser at the Closing.
Agent shall have received the MILPI Letter (as defined in Section 1.1 of this Amendment) in form and substance satisfactory to Lenders, duly executed and delivered by MILPI.
Purchaser agrees that Sellers shall have no responsibility to continue or maintain any MILPI Guarantee Obligations on or after the Closing Date.
TEP covenants and agrees that, so long as the Commitments hereunder shall be available, and until full, complete and indefeasible payment and performance of the Obligations, including without limitation, all Loans evidenced by the Notes, unless Requisite Lenders shall otherwise consent in writing, TEP shall cause MILPI to maintain a Funded Debt Ratio of not greater than 1.0:1.0, all in accordance with the MILPI Letter.
By Its________________________________________ By Its________________________________________ By: MILPI Holdings, LLC, a Delaware limited liability company By: Its Managing Members, AFG Investment Trust C By: Its Managing Trustee, AFG ▇▇▇▇ Corporation, a Massachusetts corporation By:___________________________ ▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇ Its: Chief Financial Officer PLM MILPI Holdings LLC, A Delaware limited liability company By:_________________________ ▇▇▇▇▇ ▇.