Specified Obligors definition
Examples of Specified Obligors in a sentence
Pay when due all rents and other amounts payable under any ------ leases to which a Specified Obligor is a party or by which a Specified Obligor's properties and assets are bound, unless such payments are the subject of a Permitted Protest.
The Specified Obligors agree not to transfer assets out of any Securities Accounts; provided, however, that, so long as no Event of Default -------- ------- has occurred and is continuing or would result therefrom, the Specified Obligors may use such assets to the extent permitted by this Agreement.
Directly or indirectly enter into or ---------------------------- permit to exist any material transaction with any Affiliate of the Specified Obligors, except for transactions that are in the ordinary course of the applicable Specified Obligor's business, that are upon fair and reasonable terms, that are fully disclosed to Agent, and that are no less favorable to such Specified Obligor than would be obtained in an arm's length transaction with a non-Affiliate.
Each of the Maintenance Agreements entered into with the Obligors' material customers is, with respect to the substantive provisions outlined on Schedule 5.20, consistent ------------- in all material respects with the form of the Maintenance Agreement attached hereto as Schedule 5.20 except for such deviations therefrom that are not ------------- materially adverse to the Specified Obligors, or materially adverse to the value of the Collateral, UK Sub Collateral, or the Canadian Sub Collateral.
Technology The prompt and punctual payment of any and all amounts due and payable directly or indirectly from time to time by the Specified Obligors to any SF Group Company under the relevant Finance Agreement (other than where such amounts have become due and payable solely and directly as a result of the insolvency or liquidation of the Bispen).