Examples of Term B-4 Lenders in a sentence
Except to the extent expressly set forth in this Agreement, each Additional Pari Passu Agent, on behalf of the Additional Pari Passu Secured Parties represented by it, hereby waive any and all rights they or the Additional Pari Passu Secured Parties may have as a junior lien creditor or otherwise to contest, protest, object to, or interfere with the manner in which the Term Agent (acting on behalf of the Term B-4 Lenders) or any Term B-4 Lender seeks to enforce its Liens in any Canadian Pledge Collateral.
Director and officer claims related to the Xxxxxxxx Xxxxxxx are being preserved for the benefit of the Term B-4 Lenders in accordance with the terms of the Settlement Agreement.
Notwithstanding the foregoing, the amendments effected hereby shall not become effective, the obligations of the Additional U.S. Term B-4 Lenders to make Additional U.S. Term B-4 Loans will automatically terminate, if each of the conditions set forth or referred to in this Section 3 has not been satisfied at or prior to 5:00 p.m., New York City time, on May 15, 2018.
For the avoidance of doubt, as security for the payment or performance, as the case may be, in full of their respective Term B-4 Obligations, each Grantor (other than Xxxxxxxx) hereby grants to the Administrative Agent, its successors and assigns, for the benefit of the Term B-4 Lenders, a security interest in all of such Grantor’s right, title and interest in, to and under the Canadian Pledge Collateral, wherever located, whether now owned or hereafter acquired or arising.
Before or on the Effective Date, a Liquidating Trustee may be designated by the Debtors subject to the consent of the Ad Hoc Group of Term B-4 Lenders and the Creditors’ Committee, not to be unreasonably withheld, pursuant to the terms of the Liquidator Agreement for the purposes administering the Liquidating Trust.
Notwithstanding anything to the contrary herein, (i) the parties hereto hereby agree that any payments made in respect of the IntermediateCo Unsecured Guarantee shall be paid solely to the Term B-4 Lenders and, for the avoidance of doubt, shall not be paid to any other Lenders in respect of any other Class of Loans and (ii) IntermediateCo shall guarantee the Obligations in respect of the Term B-4 Loans on an unsecured basis pursuant to the IntermediateCo Unsecured Guarantee.
For the avoidance of doubt, Class A5 does not include any Claims of the Term B-4 Lenders against Wayne Real Estate Parent Company, LLC.
Each Lender hereby consents to the granting of an unsecured guarantee by IntermediateCo for the benefit of the Term B-4 Lenders pursuant to the IntermediateCo Unsecured Guarantee.
It was projected that modern bee hives could produce 3000 kg to 4000 kg and traditional beehives could produce 950 to 1330 kg.
Following the Effective Date and in the event of the resignation or removal, liquidation, dissolution, death, or incapacity of the Liquidating Trustee, the Ad Hoc Group of Term B-4 Lenders in consultation with the Creditors’ Committee shall designate another Entity to become Liquidating Trustee and such Entity will become the successor Liquidating Trustee and, without any further act, shall become fully vested with all of the rights, powers, duties, and obligations of the predecessor Liquidating Trustee.