Common use of Bust-up Provision Clause in Contracts

Bust-up Provision. Notwithstanding any other provision of the Margin Loan Documentation to the contrary, any sale, transfer or other disposition of Relevant Collateral Shares by Secured Party must be a Qualifying Disposition.

Appears in 4 contracts

Sources: Margin Loan Agreement (Valor Buyer LP), Pledge and Security Agreement (KKR Fresh Aggregator L.P.), Pledge and Security Agreement (Riverstone VI Centennial QB Holdings, L.P.)

Bust-up Provision. Notwithstanding any other provision of the Margin Loan Documentation to the contrary, any sale, transfer or other disposition of Relevant Collateral Shares by Secured Party must be a Qualifying Disposition.

Appears in 2 contracts

Sources: Pledge and Security Agreement (Birch-or Equity Holdings, LLC), Margin Loan Agreement (Valor Parent LP)

Bust-up Provision. Notwithstanding any other provision of the Margin Loan Documentation Documents to the contrary, any sale, transfer or other disposition of Relevant Collateral Shares by Secured Party must be a Qualifying Disposition.

Appears in 1 contract

Sources: Margin Loan Agreement (Teekay Corp)