Common use of The SPV Clause in Contracts

The SPV. Notwithstanding any other provision of this Agreement or any other Loan Document to the contrary, the SPV is not obligated to guaranty or otherwise directly or indirectly provide credit support (including granting Liens on any of its assets) for any Indebtedness of the Borrower or any of its Subsidiaries or Affiliates.

Appears in 1 contract

Sources: Credit Agreement (Imperial Sugar Co /New/)

The SPV. Notwithstanding any other provision of this Agreement or any other Loan Document to the contrary, the SPV is not obligated to guaranty or otherwise directly or indirectly provide credit support (including granting Liens lien on any of its assets) for any Indebtedness of the Borrower Company or any of its Subsidiaries or Affiliates.

Appears in 1 contract

Sources: Restructuring Credit Agreement (Imperial Sugar Co /New/)