NAC DAC definition
Examples of NAC DAC in a sentence
If a Debtor requests a Consent, NAC DAC shall, within three Business Days of demand, reimburse the Security Agent for the amount of all costs and expenses (including legal fees) (together with any applicable VAT) reasonably incurred by the Security Agent (and by any Receiver or Delegate) in responding to, evaluating, negotiating or complying with that request or requirement.
Each of NAC DAC and NAC 29, jointly and severally, agrees to pay to the Security Agent, for its individual account, an agency fee as from time to time agreed to by NAC DAC and the Security Agent in a Fee Letter.
Pari Passu Creditors) it shall upon receiving that notice, notify, and send a copy of that notice to, each Creditor Representative, NAC DAC and NAC 29.
The Security Agent shall notify each Creditor Representative and NAC DAC of (i) the receipt of the Super Senior Buyout Instruction and (ii) the Tabulation Agent Appointment Date and the identity and contact details of the Tabulation Agent (and NAC DAC shall upload such notice to the VDR promptly and in any case no later than the next Business Day).