OPMW definition
Examples of OPMW in a sentence
No effective financing statement or other instrument similar in effect covering all or any part of such Collateral has been executed or authorized by Pledgor or, is on file in any recording office, except such as may have been filed in favor of (i) the Administrative Agent relating to this Agreement or (ii) the OPMW Administrative Agent relating to the OPMW Credit Agreement.
Pledgor will hold and preserve such records and will permit representatives of the OPMW Administrative Agent at any time, upon reasonable prior notice, during normal business hours to inspect and make abstracts from such records.
No effective financing statement or other instrument similar in effect covering all or any part of such Collateral has been executed or authorized by Pledgor or, is on file in any recording office, except such as may have been filed in favor of (i) the OPMW Administrative Agent relating to this Agreement or (ii) the OPNY Administrative Agent relating to the First Lien Partnership Interest Pledge Agreement (as hereinafter defined).
In addition, to the extent certificates or instruments are held by the OPMW Administrative Agent, the OPMW Administrative Agent shall have the right at any time to exchange certificates or instruments representing or evidencing Collateral for certificates or instruments of smaller or larger denominations.
No property or assets of any Non-Recourse Party, other than as contemplated in the Financing Documents or the OPMW Financing Documents, shall be sold, levied upon or otherwise used to satisfy any judgment rendered in connection with any action brought against Pledgor with respect to this Agreement or the other Financing Documents or OPMW Financing Documents.
This Agreement shall create a continuing pledge, assignment of hypothecation of and security interest in the Collateral and shall remain in full force and effect until no OPMW Lender shall have any Commitment outstanding and until the Notes, together with interest, and all other Secured Obligations are indefeasibly paid in full in cash.
To the extent permitted by Requirements of Law, the OPMW Administrative Agent on behalf of the OPMW Lenders may bid for and become the purchaser of the Collateral or any item thereof, offered for sale in accordance with this Section 16.
No effective financing statement or other instrument similar in effect covering all or any part of such Collateral has been executed or authorized by Pledgor or, is on file in any recording office, except such as may have been filed in favor of (i) the OPNY Administrative Agent relating to this Agreement or (ii) the OPMW Administrative Agent relating to the First Lien Partnership Interest Pledge Agreement (as hereinafter defined).
THIS ASSIGNMENT has been granted in conjunction with the security interest granted to the OPMW Administrative Agent for the benefit of the Secured Parties under the Security Agreement.
Subject to the foregoing, any of the Assignment Collateral may be sold, leased or otherwise disposed of, in the condition in which the same existed when taken by the OPMW Administrative Agent or after any overhaul or repair which the OPMW Administrative Agent, acting in good faith, shall determine to be commercially reasonable.