Examples of Oaktree Cayman in a sentence
Oaktree Cayman hereby (x) becomes an Obligor and an Affiliate Guarantor under the Note Purchase Agreement with the same force and effect as if originally named therein as an Obligor and an Affiliate Guarantor; and (y) agrees to all the terms and provisions of the Note Purchase Agreement applicable to it as an Obligor and an Affiliate Guarantor thereunder.
Schedule 2.7 lists all of the limited partners of Oaktree Cayman together with their respective percentage equity interests in Oaktree Cayman as of the date hereof.
The Obligors will not permit the Combined Leverage Ratio as of the last day of any period of four consecutive fiscal quarters of the Obligors to be greater than the Maximum Combined Leverage Ratio; provided, that Oaktree Cayman will not be considered an Obligor for purposes of the calculation of the Combined Leverage Ratio until March 31, 2023.
The Partnership renounces any interest or expectancy of the Partnership in, or in being offered an opportunity to participate in, business or investment opportunities that are from time to time presented to any Exempted Person, including any transactions with TPG Cayman, Oaktree Cayman or any of their respective Affiliates.
In this case, the proposed drive-thru restaurant comprises a roadside service facility and fulfils a different role to similar shops within a town centre location.
The Obligors will not permit the Combined Leverage Ratio as of the last day of any period of four consecutive fiscal quarters of the Obligors to be greater than 4.00 to 1.00; provided, that Oaktree Cayman will not be considered an Obligor for purposes of the calculation of the Combined Leverage Ratio until March 31, 2023.
Each JHI Party will become admitted as a limited partner of Oaktree Cayman upon such transfer; the Partnership Agreement of Oaktree Cayman will reflect the contributions by the JHI Parties and their admission as limited partners; and each JHI Party and each member of Oaktree Cayman shall, and hereby severally agrees to, file the tax election referred to in Section 5(c) of this Agreement in respect of such contribution.
This Agreement may be modified, amended or waived only with the written approval of TPG Cayman and Oaktree Cayman, provided, however that an amendment or modification that would affect any other Party in a manner materially and disproportionately adverse to such Party shall be effective against such Party so materially and adversely affected only with the prior written consent of such Party, such consent not to be unreasonably withheld or delayed.
TMHC, TPG Cayman, Oaktree Cayman and JHI Holding shall, and each hereby agrees to, enter into the Stockholders Agreement of TMHC, substantially in the form attached hereto as Exhibit B (the “TMHC Stockholders Agreement”), promptly following the consummation of the Reorganization Transactions and prior to the IPO Effective Time.