Examples of Xxxxxxx Obligations in a sentence
The Aviation Authority reserves the right, after the receipt of Proposals, to request, review and consider additional information and documentation regarding MWBE and LDB/VBE certification.
The Borrower will not, nor will it permit any Subsidiary to, make or suffer to exist any Contingent Obligation (including, without limitation, any Contingent Obligation with respect to the obligations of a Subsidiary), except (a) by endorsement of instruments for deposit or collection in the ordinary course of business, (b) the Subsidiary Guaranty and (c) the Xxxxxxx Obligations.
Unless otherwise agreed to be the Requisite Equityholders, if the Initial Public Offering is not consummated on or prior to August 1, 2011, or immediately prior to the Initial Public Offering the Company has not satisfied the Xxxxxxx Obligations, then this Agreement shall automatically terminate and be of no force and effect.
The Borrower will not, nor will it ----------------------- permit any Subsidiary to, make or suffer to exist any Contingent Obligation (including, without limitation, any Contingent Obligation with respect to the obligations of a Subsidiary), except (a) by endorsement of instruments for deposit or collection in the ordinary course of business, (b) the Subsidiary Guaranty and (c) the Xxxxxxx Obligations.
Upon Borrowers' reasonably satisfactory demonstration that they have satisfied the Xxxxxxx Obligations and Xxxxxxx has released all of the Xxxxxxx Liens, then Agent and Lenders agree to waive Borrowers' defaults (existing as of the date of this Letter Agreement with respect to the Xxxxxxx Obligations and Xxxxxxx Liens) under the Existing Loan Agreement.