Examples of SWK Credit Agreement in a sentence
A duly executed and delivered payoff letter with respect to the Existing SWK Credit Agreement, together with a release of any Liens created in connection therewith on Borrower, its Subsidiaries and any of their assets and Properties, in each case in form and substance reasonably satisfactory to Administrative Agent.
Borrower shall use the proceeds of the Loans for (i) repayment of all outstanding Indebtedness and obligations under the Existing SWK Credit Agreement and (ii) general working capital purposes and corporate purposes and to pay fees, costs and expenses incurred in connection with the Transactions; provided that the Lenders shall have no responsibility as to the use of any proceeds of Loans.
Borrower represents, warrants, and covenants that the security interest granted herein is and shall at all times continue to be a first priority perfected security interest in the Collateral (which Collateral may be subject to Permitted Liens and, in the case of Liens granted in connection with the SWK Credit Agreement, only to the extent contemplated by the Intercreditor Agreement) to the extent contemplated by the Intercreditor Agreement).
Yes, AFSCME, ST LOUIS - KANSAS CITY CARPENTERS' REGIONAL COUNCIL LOCAL 795, IBEW LOCAL 1, IBEW LOCAL 2, IBEW LOCAL 4, INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 148, IUOE LOCAL 513, PLUMBERS AND PIPEFITTERS UNION LOCAL NO 562, UNION OF PROFESSIONAL FIREFIGHTERS PARAMEDICS EMT'S AND DISPATCHERS OF ST.
The Company is subject to an all assets lien pursuant to the SWK Credit Agreement.
The SWK Credit Agreement provides for a multi-draw term loan to the Company (the “Loan”) up to a maximum principal amount of $12,000,000 (the “Loan Commitment Amount”).
Maturity: 3 years Interest Rate: Libor + 5.00% Origination Fee: 1.75% Amortization: Interest only Unused Line Fee: 0.50% Collateral: As collateral for all its loans and advances, Durham would have a first lien security interest in accounts receivable generated from the sale of diagnostic products and a second lien security interest in all other assets of the company as carved out in SWK Credit Agreement (10.21 Approved AR Loan Facility).
However, some of the other franchise texts appear to complicate this story arc.
Xx the Closing, Alliqua and Parent shall either (i) pay off all obligations of the Company under the Company’s SWK Credit Agreement, or (ii) assume or refinance, on terms reasonably satisfactory to the Company and Alliqua, all obligations of the Company under the SWK Credit Agreement.
Article 12 (4) of the SE Regulation provides that the Statutes of the SE may not conflict at any time with the arrangements for employee involvement which have been so deter- mined.