Supported Obligations definition

Supported Obligations means the Loan Obligations, the obligations of the Obligors under the Loan Documents and the Other Supported Obligations;

Supported Obligations has the meaning given in Section 2.1(a). ---------------------

Supported Obligations has the meaning ascribed to such term in the Master Obligation Agreement and Exhibit D of this Agreement.

Examples of Supported Obligations in a sentence

• Notwithstanding any other provision of this Agreement or any other Loan Document, the Agent shall apply the proceeds of realization arising from the enforcement of this Agreement or any other Loan Document and of any credit or compensating balance in reduction of the Loan Obligations and the Other Supported Obligations on a pro rata basis.

• Each Other Supported Party, by its acceptance of the benefit of any Guarantees, shall be deemed to have accepted and be bound by the provisions of this Agreement applicable to Other Supported Parties and regarding the terms upon which the Other Supported Obligations are supported by the Guarantees, and authorizes and directs the Agent to act accordingly.

• No Other Supported Party holding Other Supported Obligations from time to time shall have any additional right to influence the Guarantees or the enforcement thereof as a result of holding Other Supported Obligations as long as this Agreement remains in force.

• Notwithstanding the rights of Other Supported Parties to benefit from the Guarantees in respect of the Other Supported Obligations, all decisions concerning the Guarantees and the enforcement thereof shall be made by the Lenders or the Majority Lenders, as applicable, in accordance with this Agreement.

• Upon request by a Lender, the Agent shall, from time to time, prepare and provide the Lenders and the Borrower with a revision of Schedule C to reflect changes in the Other Supported Obligations to the extent notified in writing by the Borrower to the Agent, but any failure to do so shall not affect the guarantees of any Other Supported Obligations in favour of any Other Supported Parties.

More Definitions of Supported Obligations

Supported Obligations means, with respect to any Obligations (a) if such Obligations are Senior Obligations (i) such Senior Obligations are Shared Project Obligations, and (ii) pursuant the provisions of Section 3.04(a), each District party to the Obligation Instrument pursuant to which such Shared Project Obligations are incurred agrees to make Support Payments to each other District party thereto, if and as required pursuant to the provisions of said Section, and (b) if such Obligations are Subordinate Obligations

Supported Obligations has the meaning given in Section 2.l(a).

Supported Obligations at any time with respect to the Assumed Financings, an amount equal to the sum of (a) all payments required to be made by Xxxxx at or after such time under the Power Sales Agreement and the Feedwater Equipment Lease Agreement for which a release has not been obtained from General Electric Capital Corporation, PLUS (b) the sum of: (i) the then outstanding principal of the bonds issued under the Bond Financings (other than the Muskegon Solid Waste Bonds), PLUS (ii) the premium, if any, payable on such bonds upon optional redemption thereof (or, if such bonds are not then subject to optional redemption, on the first optional redemption date), PLUS (iii) one year's interest on such bonds, PLUS (iv) if such bonds are not then subject to optional redemption, an amount equal to interest in excess of one year's interest that will accrue on such bonds until the first date such bonds are subject to optional redemption; as to each Assumed Financing, a "SUPPORTED OBLIGATION".

Supported Obligations means the full, complete and timely performance of the obligations of the Company now or hereafter existing under (i) the Repurchase Agreement; (ii) the Conduit Purchase Agreement, and (iii) the Participation Agreement.

Supported Obligations shall be as defined in Section 3(a). ---------------------

Supported Obligations means the aggregate amount by which the Aggregate Revolving Credit Outstandings would exceed $5,000,000 after giving effect to any Borrowing or the issuance of any Letter of Credit pursuant to the Credit Agreement.

Supported Obligations means, with respect to any Obligations (a) if such Obligations are Senior Obligations (i) such Senior Obligations are Shared Project Obligations, and (ii) pursuant the provisions of Section 3.04(a), each District party to the Obligation Instrument pursuant to which such Shared Project Obligations are incurred agrees to make Support Payments to each other District party thereto, if and as required pursuant to the provisions of said Section, and (b) if such Obligations are Subordinate Obligations (i) such Subordinate Obligations are Shared Project Obligations, and (ii) pursuant the provisions of Section 3.04(b), each District party to the Obligation Instrument pursuant to which such Shared Project Obligations are incurred agrees to make Support Payments to each other District party thereto, if and as required pursuant to the provisions of said Section.