U.S. SPV definition
Examples of U.S. SPV in a sentence
Raglan Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ If to Purchaser: Valens U.S. SPV I, Ltd.
Raglan Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ If to Purchaser: Valens U.S. SPV I, LLC.
In the event that the SPV Borrower, the US SPV Borrower and Ziggo Secured Finance II B.V. comply with the requirements of this covenant, the Facility Agent shall (subject to customary protections and indemnifications) consent to any such amendment, extension, renewal, restatement, supplement, modification or replacement without the need for instructions from the Finance Parties.
When the Federal Government is to pay all or any portion of the cost of an improvement or project, the construction work, although it is under the supervision of the Department and subject to laws of the State of Iowa, is also subject to the above mentioned acts of Congress and to all authorities.
Laurus has assigned all of its rights, title and interest in and to a portion of the Loans made pursuant to the Tranche A Note to Valens U.S. SPV I, LLC and Valens Offshore SPV II, Corp.
The limitations set forth herein (x) shall automatically become null and void following notice to the Company upon the occurrence and during the continuance of an Event of Default (as defined in the Additional Secured Term Notes referred to in the Amendment and Waiver Agreement dated as of the date hereof among the Holder, Valens U.S. SPV I, LLC, Laurus Master Fund, Ltd.
The limitations set forth herein (x) shall automatically become null and void following notice to the Company upon the occurrence and during the continuance of an Event of Default (as defined in the Additional Secured Term Notes referred to in the Amendment and Waiver Agreement dated as of the date hereof among the Holder, Valens U.S. SPV I, LLC, Valens Offshore SPV I, Ltd.
In case of failure by the Canadian SPV or other obligor punctually to pay any Aggregate Unpaids guaranteed hereby, the U.S. SPV hereby unconditionally agrees (subject to the limitations set forth in Section 14.7 hereof) to make such payment or to cause such payment to be made punctually as and when the same shall become due and payable, whether at stated maturity, by acceleration, or otherwise, and as if such payment were made by the Canadian SPV or such obligor.
Assignor is the obligor under that certain Secured Term Note, dated February 13, 2006, in the original principal amount of Eight Million Two Hundred Fifty Thousand and 00/100 ($8,250,000.00) Dollars (as same may have been amended, the “2006 Secured Term Note”), the current holders of which are: (i) Valens U.S. SPV I, LLC (“VUS”), as to fifteen and four hundredths (15.04%) percent; (ii) Valens Offshore SPV I, Ltd.
This Note is one of the Notes that amends and restates in its entirety, and is given in substitution for and not in satisfaction of, that certain Secured Convertible Term Note dated as of August 17, 2007 by the Companies in favor of Calliope Capital Corporation (“Original Holder”) in the original principal amount of Four Million Dollars ($4,000,000), as assigned by Original Holder to each of Valens U.S. SPV I, LLC, the Holder and PSource Structured Debt Limited.