Post-Closing Obligations Letter means that certain letter agreement dated the First Closing Date, in the form of Exhibit L attached hereto, by and among the Companies, the initial holders of the Notes, and the Agent.
Post-Closing Obligations Letter means that certain Post-Closing Obligations Agreement dated as of the date hereof made by Borrower in favor of Administrative Agent.
Post-Closing Obligations Letter means that certain letter agreement of even date herewith from Borrowers to Lender regarding certain post-closing repair and obligations of Borrower.
Examples of Post-Closing Obligations Letter in a sentence
Lenders extended credit to Borrower for the purposes permitted in the Loan Agreement.C. In connection with the Loan Agreement, Borrower, Collateral Agent and Lenders entered into that certain Post Closing Obligations Letter dated January 24, 2011 (the “Post Closing Obligations Letter”).
Attached should be all the requisite MBE/WBE affidavits and documents, as enumerated above in Section 5, "Procedure to Determine Bid Compliance." The City will not approve extra payment for escalated costs incurred by the contractor when a substitution of subcontractors becomes necessary for the contractor in order to comply with MBE/WBE contract requirements.
More Definitions of Post-Closing Obligations Letter
Post-Closing Obligations Letter means that certain letter agreement dated as of the Closing Date between the Loan Parties and the Administrative Agent, together with any amendments or modifications thereto, in form and substance satisfactory to Administrative Agent.
Post-Closing Obligations Letter means that certain post-closing letter agreement dated as of the Closing Date executed by Borrower in favor of Lender.
Post-Closing Obligations Letter means that certain Post-Closing Obligations Letter, dated as of the date hereof, executed by Xxxxxxxx in connection with the Loan for the benefit of Agent. “Prime Rate” shall mean the rate of interest published in The Wall Street Journal from time to time as the “Prime Rate”. If more than one “Prime Rate” is published in The Wall Street Journal for a day, the average of such “Prime Rates” shall be used, and such average shall be rounded up to the nearest 1/100th of one percent (0.01%). If The Wall Street Journal ceases to publish the “Prime Rate,” Agent shall select an equivalent publication that publishes such “Prime Rate,” and if such “Prime Rates” are no longer generally published or are limited, then Agent shall select a comparable interest rate index or any similar release by the Federal Reserve Board (as reasonably determined by Agent). Notwithstanding the foregoing or anything herein to the contrary, in no event shall the Prime Rate, for purposes of the Loan, be less than zero percent (0%) per annum. “Prohibited Transfer” shall have the meaning set forth in Section 8.2 hereof. “Projections” shall have the meaning set forth in Section 13.9 hereof. “Property” shall mean, individually and/or collectively, as the context may require, the Hilton Property, the Crowne Plaza Property and the Holiday Inn Property. “Property Condition Report” shall mean, individually and/or collectively, as the context may require, the Property Condition Report, dated December 15, 2022, prepared by AEI Consultants for each Property. “Property Document Event” shall mean any event which would, directly or indirectly, cause a termination right, right of first refusal, first offer or any other similar right, cause any termination fees to be due, cause any “kicker” or other similar fee or payment to be due, or would cause a Material Adverse Effect to occur under any REA, the Franchise Agreement, the Management Agreement, the Ground Lease or any Hotel Brand Agreement (in each case, beyond any applicable notice and cure periods under the applicable document); provided, however, any of the foregoing shall not be deemed a Property Document Event to the extent Xxxxxx’s prior written consent is obtained with respect to the same. “Protective Advances” means the payment by Xxxxxx or Agent of impositions, Insurance Premiums, Liens, cure payments in the nature of protective advances made on behalf of Borrower and any other advances or payments by Xxxxxx made for the purpose of preventing or...
Post-Closing Obligations Letter means that certain letter agreement, dated as of the Closing Date, among Borrower and Agent, which sets forth each of the obligations of Borrower and the other Credit Parties to be performed and completed to Agent's satisfaction within the time frames indicated therein for such obligation.
Post-Closing Obligations Letter means that certain Post-Closing Obligations Letter dated as of the Agreement between Borrower Representative and Agent.
Post-Closing Obligations Letter that certain letter agreement dated the date hereof between Borrower and Lender pursuant to which Borrower covenants to deliver to Lender certain Surveys and third-party estoppels as listed therein.
Post-Closing Obligations Letter means that certain Post-Closing Obligations Agreement dated as of the date hereof made by Borrower in favor of Xxxxxx.