Examples of Postponement Agreement in a sentence
The Amended and Restated Subordination and Postponement Agreement also contains various other typical covenants of the Fund and the Partnership.
On August 23, 2013, the Company, the Fund and the Partnership entered into an Amended and Restated Subordination and Postponement Agreement to subordinate and postpone their claims against the Company in favour of the lender.
This subordination includes a subordination of the Partnership’s rights under the License and Royalty Agreement between the Partnership and SIR whereby the Partnership licenses to SIR the right to use trademarks and related intellectual property in return for royalty payments based on revenues and is effected pursuant to the terms of an Intercreditor Agreement which replaced the previous Amended and Restated Subordination and Postponement Agreement.
This subordination includes a subordination of the Partnership’s rights under the License and Royalty Agreement between the Partnership and SIR whereby the Partnership licenses to SIR the right to use trademarks and related intellectual property in return for royalty payments based on revenues and will be effected pursuant to the terms of an Intercreditor Agreement which replaced the Amended and Restated Subordination and Postponement Agreement.
Under an Amended and Restated Subordination and Postponement Agreement, absent a default or event of default under the Credit Agreement, ordinary payments to the Fund and the Partnership could continue.
The Intercreditor Agreement replaced the Amended and Restated Subordination and Postponement Agreement entered into on August 23, 2013.
That the Mayor and Clerk be authorized to execute a similar Postponement Agreement in relation to the new debenture issue.
This subordination, which includes a subordination of the Partnership’s rights under the License and Royalty Agreement between the Partnership and the Company, whereby the Partnership licenses to the Company the right to use the trademarks and related intellectual property in return for royalty payments based on revenues, has been effected pursuant to the terms of the Amended and Restated Subordination and Postponement Agreement.
The Postponement Agreement is irrelevant and cannot serve (i) to exculpate River Plate for the misbehaviour of its supporters or (ii) as a waiver by Boca Juniors of future complaints against River Plate (e.g. requests for disqualification or other sanctions).
Moreover, in the case at hand the Parties signed the Postponement Agreement with the intent of preserving the sporting integrity of the Final and playing the Match under equal conditions, which they eventually did at the Bernabeu stadium on 9 December 2018.