Signatory Default definition
Signatory Default means the failure of any Investor to purchase any Available Distributable Securities that such Investor is obligated to purchase under the Cash Recovery Backstop Agreement.
Examples of Signatory Default in a sentence
FM Leveraged Capital Fund I By: GSO Debt Funds Management LLC as Subadviser to FriedbergMilstein LLC By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Authorized Signatory Default of the covenant set forth in Section 5.1(a) of the Credit Agreement for the failure to deliver monthly financial statements for January, February and March 2007.
By: GSO Debt Funds Management LLC as Collateral Manager By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Authorized Signatory Default of the covenant set forth in Section 5.1(a) of the Second Lien Credit Agreement for the failure to deliver monthly financial statements for January, February and March 2007.