Obligors definition
Examples of Obligors in a sentence
For the Tranche B Closing, evidence of the contemporaneous payment in full of all remaining Existing Indebtedness and the release of any and all obligations of the Obligors under, and any and all liens securing, such Existing Indebtedness.
If any such exchange or transfer from a Definitive Security to a beneficial interest is effected pursuant to the previous paragraph at a time when a Global Security has not yet been issued, the Obligors will issue and, upon receipt of the Obligor Order, the Trustee will authenticate one or more Global Securities in an aggregate principal amount equal to the principal amount of Definitive Securities so transferred.
Temporary Securities will be substantially in the form of certificated Securities but may have variations that the Obligors consider appropriate for temporary Securities and as may be reasonably acceptable to the Trustee.
The Trustee may appoint an authenticating agent acceptable to the Obligors to authenticate Securities.
The Trustee in its individual or any other capacity may become the owner or pledgee of Securities and may otherwise deal with the Obligors or any Affiliate of the Obligors with the same rights it would have if it were not Trustee.