Original Operative Documents definition
Examples of Original Operative Documents in a sentence
Corporate Obligee and Obligor acknowledge and agree that all Items of Equipment have been financed for Obligor pursuant to Section 3.1 of the Original Participation Agreement and in accordance with the other Original Operative Documents and no further duty or obligation exists on the part of Corporate Obligee to finance any additional Items of Equipment thereunder.
Further, all obligations provided for in Section 8 of the Original Participation Agreement shall survive the amendment and restatement of the Original Operative Documents, as such amendment and restatement is evidenced by this Agreement and the other Operative Documents.
This Agreement and the other Operative Documents are given in amendment, restatement, renewal and extension (and not in extinguishment or satisfaction) of the Original Operative Documents.
The representations and warranties of the Company as set forth in the Original Operative Documents are true and correct on and as of the Second Refinancing Date or, as applicable, on and as of the date specified in such representation or warranty.
The parties hereto hereby waive any procedural requirements under the Original Operative Documents to the extent required or necessary for the consummation of the transactions contemplated under this Agreement and the other Operative Documents, and waive the requirement under clause (iv) of Section 12.10 under the definition of Permitted Transferee under the Original Trust Agreement.
Pursuant to the Original Participation Agreement, the Original Owner Participant advanced Equity Components of each Item of Equipment and each party hereto hereby acknowledges and agrees that all such Equity Components so advanced have been fully and satisfactorily applied pursuant to and in accordance with the Original Operative Documents.
One or more employees of Lessee designated by the Lessee, as the authorized representative or representatives of the Lessor, accepted delivery on behalf of Lessor of the Original Property pursuant to the Original Operative Documents.
No condition or event shall exist or have occurred which would constitute a Default or Event of Default under any of the Operative Documents or the Original Operative Documents by any party thereto and the Trustee and the Company shall each have delivered an Officer's Certificate to such effect dated the Second Refinancing Date.
Notwithstanding the amendment and restatement of the Original Guaranty by this Guaranty, the indebtedness, liabilities and obligations owing to Beneficiaries by the Guarantor under the Original Operative Documents remain outstanding as of the date hereof, constitute continuing Liabilities hereunder and shall continue to be secured by the collateral described in and pursuant to the Operative Documents but are payable in accordance with the terms of this Guaranty and the other Operative Documents.
Lessee, Lessor, Guarantor, the Initial Certificate Holder, the Initial Lender and Administrative Agent entered into the Original Participation Agreement and the other Original Operative Documents for the purpose of financing the acquisition of the Land.