Examples of Parent Pledgors in a sentence
The Agent (or Lenders’ Counsel) shall have received a certificate of status or good standing certificate (or equivalent) for the Borrower and the Parent Pledgors from each of their respective jurisdictions of organization.
The Agent shall have received legal opinions from Borrower’s Counsel and Lenders’ Counsel, in respect of the Obligors, and from counsel to each of the Parent Pledgors, each in form and substance reasonably satisfactory to the Agent, acting reasonably.
Opinions of counsel to the Borrower, the Assignor, the Parent Pledgors, the Predecessor Parent Pledgor, the Servicer, the Portfolio Manager, the Guarantor, the Initial Servicer, the Initial Portfolio Manager, the Custodian and the Securities Intermediary, in form and substance satisfactory to the Administrative Agent.
Please confirm that the foregoing correctly sets forth the agreement among the Issuers, the Guarantors, the Parent Pledgors (solely with respect to Sections 5(s), 6(p), 6(ss) and 6(bb) hereof) and the Initial Purchaser.
The Borrower confirms that each of the Obligors and the Parent Pledgors understands and is able to calculate the rate of interest applicable to Loans based on the methodology for calculating per annum rates provided in this Agreement.
Each of the Parent Pledgors has been duly organized, is validly existing and is in good standing under the laws of its jurisdiction of organization.
On or prior to the Closing Date, each of the Parent Pledgors, the Issuers and the Guarantors and, to the knowledge of the Issuers, each other party to the Transaction Documents (other than the Initial Purchaser) shall have performed or complied in all material respects with all of the agreements and satisfied in all material respects all conditions on their respective parts required to be performed, complied with or satisfied as of or prior to the Closing Date pursuant to the Transaction Documents.
The Parent Pledgors shall have made equity contributions (including KKR Preferred Equity) to the Borrower in an aggregate amount sufficient to ensure that the Pro Forma Debt to Capitalization Ratio will not exceed 27.5%.
A certificate of each of the Borrower, the Assignor, the Predecessor Parent Pledgor, the Parent Pledgors, the Portfolio Manager, the Guarantor, the Initial Servicer, the Initial Portfolio Manager and the Servicer, certifying the names of its members, managers, directors or officers authorized to sign each Transaction Document (as defined in the Original Amended and Restated Loan Agreement) to which it is, or will be, a party.
A certificate of each of the Borrower, the Assignor, the Predecessor Parent Pledgor, the Parent Pledgors, the Portfolio Manager, the Guarantor, the Initial Servicer, the Initial Portfolio Manager and the Servicer, certifying the names of its members, managers, directors or officers authorized to sign each Transaction Document to which it is, or will be, a party.