NJMI definition
Examples of NJMI in a sentence
PCC, PRT and NJMI jointly and severally agree to pay, subject to Bankruptcy Court approval if necessary, the reasonable fees and expenses of Ropes & ▇▇▇▇ as counsel for the Consenting Holders, incurred through the earlier of the effective date of the Joint Plan or the date of an Agreement Termination Event.
PCC, PRT and NJMI also agree to actively support, including joining in, a motion of the Consenting Holders for payment of such fees as a substantial contribution to the case pursuant to Bankruptcy Code Section 503(b)(3)(D).
Except for reimbursement of actual out of pocket expenses (and not including time), such assistance shall be provided at no additional cost to PRT, PCC, NJMI or the Consenting Holders.
Within two days of execution of this Agreement, NJMI shall pay amounts owing to GBHC as indicated on the proof of claim of NJMI filed in the Sands Bankruptcy and miscellaneous postpetition amounts owing, not to exceed $42,000 in the aggregate.
The Consenting Holders acknowledge and agree (i) that PCC, PRT or NJMI shall make the payments described in Exhibit "B" (subject to Bankruptcy Court approval, as necessary) and (ii) that the dollar amounts for the payments described in Exhibit "B" as restructuring costs and ordinary course corporate expenses are estimates and may vary from the actual payments that are made.
Each of (i) the Agreement dated as of September 2, 1998 among GBHC, GBH, GB Funding, certain entities in the GBCC Group, HCC and certain individual affiliates thereof (the "Settlement Agreement"), and (ii) the Agreement dated June 27, -------------------- 1998 among GBHC, Advanced Casino Systems International, Inc., certain members of the GBCC Group, PCC, PRT, NJMI and HCC (the "Interim Settlement Agreement") is legal, valid, binding, ---------------------------- enforceable, and in full force and effect.
PCC, PRT and NJMI represent that the dollar amounts set forth in Exhibit "B" for restructuring costs and ordinary course corporate expenses represent their good faith estimate of such payments through August 31, 1999 (the assumed date of consummation of the Financial Restructuring), it being acknowledged that PCC, PRT and NJMI have relied on the Consenting Holders' estimates of such Consenting Holders' professional fees and expenses in making such estimate.
Schedule 6(b)(v) lists all contracts and other agreements to which any of PCC, PRT or NJMI is a party, including any tax sharing agreements.
For purposes of Section 12.2 of the Credit Agreement, the addresses and fax numbers for NJMI and Federal Leasing are those set forth beside their names on the signature pages below.
Parent agrees, accepts and consents to the terms and provisions hereof and each other Credit Document in effect as of the date hereof and confirms the continued validity of the Guaranty Agreement including, but not limited to the application of the Guaranty Agreement to the indebtedness of each of NJMI and Federal Leasing.