Parties definition
Examples of Parties in a sentence
In any case, the number of outstanding shares of Common Stock shall be determined after giving effect to the conversion or exercise of securities of the Company, including this Warrant, by the Holder or its Affiliates or Attribution Parties since the date as of which such number of outstanding shares of Common Stock was reported.
The Borrowers shall indemnify the Agents, each L/C Issuer, each Lender and the Related Parties of each of them from all losses, costs, expenses and liabilities resulting from the reliance by such Person on each notice purportedly given by or on behalf of the Borrowers in accordance with Section 10.05 hereof.
Notwithstanding such release, Athena Technology Solutions Purchaser, LLC, as Holdings, will remain a Loan Party and Guarantor for all other purposes under the Loan Documents following the effectiveness of the Closing Date Acquisition and will not be released or discharged from any Secured Obligations that are applicable to Loan Parties or grants of security interests in the Collateral pursuant to the Collateral Documents), except as otherwise provided for hereunder.
The foregoing provisions are intended as an inducement to the lenders under any documentation governing other parity lien or junior lien Indebtedness permitted to be incurred hereunder to extend credit to the Loan Parties and such lenders are intended third party beneficiaries of such provisions.
It is understood that the handling of the Collateral of the Loan Parties and Guarantors in a combined fashion, as more fully set forth herein and in the Collateral Documents, is done solely as an accommodation to the Borrowers and Guarantors in order to utilize the collective borrowing powers of the Borrowers in the most efficient and economical manner and at their request, and that neither the Agents nor the Lenders shall incur liability to any Loan Party or Guarantors as a result hereof.