Purchase Agreement Collateral definition
Examples of Purchase Agreement Collateral in a sentence
Each Grantor waives demand, notice, protest, notice of acceptance of this Agreement, notice of any purchase pursuant to the terms of the Purchase Agreement, Collateral received or delivered or other action taken in reliance hereon and all other demands and notices of any description other than those required pursuant to the Purchase Agreement or any other Transaction Documents to which such Grantor is a party.
The Asset Purchase Agreement, Collateral Agreements, Forbearance Agreement, and all other agreements, instruments, and other documents executed in connection with or relating to the Asset Purchase Agreement (the “Transaction Documents”) are legal, valid, binding, and enforceable against Purchaser in accordance with their terms.
The Exit Facility shall be Secured by a valid, first priority Security Interest in, to and upon the Note Purchase Agreement Collateral, the DIP Facility Collateral and the Litigation Trust Collateral, except to the extent the Litigation Trust Loan shall have a first priority Lien in, to and upon the Litigation Trust Loan Collateral.
Except as modified and amended herein, all of the terms and conditions of the Purchase Agreement, Collateral Agent Agreement, Security Agreement, Notes and Warrants shall remain in full force and effect and all references to such documents shall be deemed to refer to such documents as modified by this Amendment.