NBA Consent Letter definition

NBA Consent Letter means the NBA recognition and consent in form and substance satisfactory to the Agent executed by the Borrower, those Affiliates and Controlling Owners of the Borrower designated by the NBA in its sole discretion, the NBA and certain other NBA Entities, and the Collateral Agent, for itself and as agent for each of the Secured Parties (under and as defined in the Security Agreement), as the same may be amended, modified or supplemented from time to time in accordance with the terms thereof.
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NBA Consent Letter means the letter agreement being executed by the NBA, the Borrower, the Lender and certain other parties contemporaneously with the execution of this Agreement pursuant to which, among other things, the NBA approves of the Borrower’s incurrence of the Obligations subject to the terms and conditions thereof, as the same may be amended, modified or supplemented from time to time in accordance with the terms thereof..
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NBA Consent Letter means the letter agreement among the Borrower and certain of its Subsidiaries, the Administrative Agent (on behalf of itself and the Lenders), NBA, NBA Properties, Inc. and NBA Market Extension Partnership, approving the transactions evidenced by the Loan Papers, giving the Administrative Agent and the Lenders the right to assign any portion of the Obligations in accordance with Section 9.04 hereof and setting forth certain restrictions with respect to the Administrative Agent and the Lenders exercise of their rights hereunder.
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Examples of NBA Consent Letter in a sentence

  • Except as otherwise provided in the Loan Documents and the NBA Consent Letter, such security interests are not subordinate or junior to the security interests, Liens or claims of any other Person, including the United States or any department, agency or instrumentality thereof, or any state, county or local governmental agency, other than with respect to the rights of Persons pursuant to Liens expressly permitted by Section 5.09.

  • Without limiting the generality of the preceding sentence, neither the Agent nor any Lender (whether acting through the Agent or otherwise) shall exercise, enforce or attempt to exercise or enforce any of its rights or remedies under this Agreement or any of the other Loan Documents except in accordance with and subject to the NBA Consent Letter.

  • Notwithstanding anything to the contrary contained in this Agreement or any other Loan Document, it is acknowledged and agreed that (a) each of the provisions of this Agreement and the other Loan Documents shall be subject to the terms of the NBA Consent Letter and (b) in the event of any conflict between the terms of the NBA Consent Letter, on the one hand, and the terms of this Agreement or of any other Loan Document, on the other hand, the terms of the NBA Consent Letter will control.

  • Each Lender hereby acknowledges it has been furnished a copy of the NBA Consent Letter and hereby agrees to be bound by the NBA Consent Letter and agrees to the terms thereof.

  • Subject to Section 3.06(d) of the Security Agreement and to the terms of the NBA Consent Letter in each event, at any time that the amount in the Debt Service Account is less than the Debt Service Reserve Amount, League Pledged Revenue Receipts deposited into the Collection Account shall be transferred into the Debt Service Account to the extent required so that the amount in the Debt Service Account is equal to the Debt Service Reserve Amount.


More Definitions of NBA Consent Letter

NBA Consent Letter means the agreement among the Company, the Administrative Agent and the National Basketball Association in substantially the form of Exhibit J hereto.
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NBA Consent Letter means the letter agreement among the Borrower and certain of its Subsidiaries, the Administrative Agent (on behalf of itself and the Lenders), NBA, NBA Properties, Inc. and NBA Market Extension Partnership, approving the transactions evidenced by the Loan Papers and setting forth certain restrictions with respect to the Administrative Agent and the Lenders exercise of their rights hereunder.
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Related to NBA Consent Letter

  • Consent Agreement shall have the meaning set forth in Section 14.2.

  • Waiver Agreement means an agreement between

  • Management Letter means formal communications from the auditor to the client management in accordance with the International Standard on Auditing 265 (communicating deficiencies in internal control to those charged with governance and management), which is not required to be provided separately as it is equivalent to the Audit Findings and Recommendations prepared by the Project auditor and submitted to ADB;

  • Transaction Agreement has the meaning set forth in the recitals.

  • Investment Letter shall have the meaning specified in subsection 9.07(a).

  • Settlement Agreement means this agreement, including the recitals and schedules.

  • Settlement Agreements means any settlement reached in the U.S. Litigation with any of the Settling Defendants.

  • Admission Agreement An admission agreement in the form available on the Civil Service Pensions website immediately prior to the Relevant Transfer Date to be entered into by the Supplier where it agrees to participate in the Schemes in respect of the Services;

  • Side Letter means any side letter executed by an Investor with any Borrower or the Investment Adviser with respect to such Investor’s rights and/or obligations under its Subscription Agreement and any other applicable Operative Document.

  • Consent and Agreement means the Manufacturer Consent and Agreement [ ], dated as of even date with the Participation Agreement, of Airframe Manufacturer.

  • Formation Agreement has the meaning attributed to it in Recital A;

  • Reaffirmation Agreement means the Reaffirmation Agreement dated as of the Closing Date by the Borrower and the Guarantors to the Administrative Agent for the benefit of the Secured Parties.

  • Amendment and Restatement Agreement means the Amendment and Restatement Agreement, dated as of January 29, 2016, among the Borrowers, the Lenders party thereto and the Administrative Agent.

  • Acquisition Agreements means the Nexstar Acquisition Agreement and the Mission Acquisition Agreement, and “Acquisition Agreement” means the applicable agreement in the context used.

  • Parent Agreement has the meaning given to it in Clause 12;

  • Master Transaction Agreement has the meaning set forth in the recitals.

  • Commitment Letter has the meaning set forth in Section 5.7.

  • Sponsor Letter Agreement has the meaning set forth in the recitals to this Agreement.

  • Restatement Agreement has the meaning set forth in the introductory statement of this Agreement.

  • Amendment Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Supplemental Agreements means the First Supplemental Agreement, the Second Supplemental Agreement, the Third Supplemental Agreement, the Fourth Supplemental Agreement, the Fifth Supplemental Agreement and the Sixth Supplemental Agreement.

  • Implementation Agreement means the Implementation Agreement dated ……… by and between the GOB, PGCB and the Company in connection with the Project, and also includes any amendment of it made from time to time;

  • Engagement Letter means that certain Engagement Letter, dated as of June 18, 2015, by and among the Borrower and the Arrangers.

  • Disbursement Letter means an instructional letter executed and delivered by Administrative Borrower to Agent regarding the extensions of credit to be made on the Closing Date, the form and substance of which is satisfactory to Agent.

  • Connection Agreement means an agreement entered into between a distributor and a person connected to its distribution system that delineates the conditions of the connection and delivery of electricity to or from that connection;

  • Alternative Acquisition Agreement shall have the meaning set forth in Section 6.5(c).