Trism definition
Examples of Trism in a sentence
The Agent shall be provided with evidence satisfactory to it, confirmed by a certificate of a Financial Officer of Trism, that as of the Effective Date, after giving effect to the initial Advances and the issuance of any Letters of Credit on the Effective Date, Borrowing Base Availability is not less than $5,000,000.
Reference is made to the Loan and Security Agreement dated as of July __, 1997 (as amended, modified, supplemented and in effect from time to time, the "Loan Agreement"), among Trism, Inc.
Trism Secured Diablo Systems Transportation, Incorporated (d/b/a Inc.
Notices hereunder shall be given in the same manner, and at the addresses, as provided in Section 16.1 of the Loan Agreement, except that notices to any Pledgor shall be addressed as follows: c/o Trism, Inc.
Sharess Name of of ficate of Issued and Pledgor Issuer Stock Number(s) Shares Outstanding Trism, Inc.
The Agent shall be provided with evidence satisfactory to it, confirmed by a certificate of a Financial Officer of Trism, that as of the Effective Date, after giving effect to the initial Advances and the issuance of any Letters of Credit on the Effective Date, Borrowing Base Availability is not less than $8,000,000.
As of July 15, 1999, Trism has not made such interest payment and such failure constitutes an Event of Default under the Subordinated Indenture (the "Subordinated Indenture Default").
The foregoing shall not prohibit the Trism Entities from disclosing the aggregate principal amount of Old Senior Subordinated Notes held by the Committee as a group.
The Committee, and each of the respective members thereof, each hereby agrees that the distributions under the Plan in respect of such person's claims against, or interests in, the Trism Entities is fair and equitable under Section 1129(b) of the Bankruptcy Code.
The Agent shall have completed, with results satisfactory to it in its sole discretion, its legal credit and business due diligence in respect of the Borrower and the Guarantors and their respective subsidiaries and affiliates, including, without limitation, review of the Subordinated Indenture and background reviews with respect to Trism, ▇▇▇▇▇ ▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇▇▇▇.