Outstanding Agreements definition
Examples of Outstanding Agreements in a sentence
If the foregoing is acceptable to you, kindly note your acceptance in the space provided below and upon receipt by the Company of similar acceptances signed by the holders of the requisite percentage of each issue of the Outstanding Notes, the Outstanding Agreements shall be amended and restated as set forth above, but all other terms and provisions of the Outstanding Agreements shall remain unchanged and are in all respects ratified, confirmed and approved.
The Parties each acknowledge that no other agreements, covenants, representations or warranties, inducements, promises or statements, express or implied, oral or otherwise have been made by any of the Parties that are not embodied or incorporated by reference herein, and further agree that no other agreement, covenant, representation or warranty, inducement, promise or statement not set forth in writing in the Outstanding Agreements shall be valid or binding.
After Closing, Buyer shall pay all real estate commissions due and payable on Outstanding Agreements which settle after Closing.
Section 5.1. This Third Amendment shall be construed in connection with and as part of each of the Outstanding Agreements, and except as modified and expressly amended by this Third Amendment, all terms, conditions and covenants contained in each of the Outstanding Agreements and each of the Outstanding Notes are hereby ratified and shall be and remain in full force and effect.
Subject to the terms of the Outstanding Agreements, upon discovery by either party hereto of a breach of the foregoing representations and warranties which materially and adversely affect the interests of the other party hereunder, the party discovering such breach shall give prompt written notice to the other.
None of such Outstanding Agreements has been terminated, no notice has been given by any Party thereto of any alleged default by any Party thereunder, and neither Seller nor Target is aware of any intention or right of any Party to default another Party to any such Outstanding Agreement.
All of the Outstanding Agreements described in Schedule 2.15 are in full force and effect.
In the event the Company agrees that the Lenders or holders of any of the Outstanding Notes shall be granted any additional or more restrictive financial or negative covenants or events of default than the financial or negative covenants or events of default that are imposed on the Company under the Outstanding Agreements, as amended hereby, the Company agrees that the holders of all other Outstanding Notes shall also be granted such more restrictive covenants or events of defaults.
In furtherance of the foregoing, the parties to this Seventh Amendment Agreement hereby agree and acknowledge that the forms of Notes attached to each of the Outstanding Agreements are hereby amended and modified with respect to all Notes issued after the date of the effectiveness of this Seventh Amendment Agreement to include the above paragraph and interest shall continue to be calculated as provided in each of the Outstanding Agreements.
The Subservicer shall indemnify and hold harmless the Company against all Losses that the Company may sustain as a direct result of the failure of the Subservicer to perform its duties hereunder or the breach of any representation or warranty of the Subservicer, except for Losses arising out of the Company’s negligence, willful misfeasance or bad faith or the failure to perform its duties hereunder or under the Outstanding Agreements, or the breach of any representation or warranty of the Company.