AGREEMENT TO NOVATE Sample Clauses

AGREEMENT TO NOVATE. An agreement to novate a Transaction under this Annex becomes binding when Party A and Party B (or the Manager on its behalf) agree (whether orally or otherwise) the Novation Date for that Transaction and the Sub-Fund to which it will be novated.
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AGREEMENT TO NOVATE. A novation of a Transaction or proportion of a Transaction under this Annex becomes binding when Party A accepts (in its absolute discretion) in accordance with Section 5.2 a Novation Confirmation from Party C which sets out the Novation Date for that Transaction or proportion of a Transaction and the Transferee Fund to which it will be novated and is otherwise in the form of the Schedule to this Master Novation Annex. Party C shall provide to Party B a copy of the Novation Confirmation.
AGREEMENT TO NOVATE. An agreement to novate a Transaction under this Annex becomes binding when Party A and Party B (or the Manager on its behalf) agree (whether orally or otherwise) the Novation Date for that Transaction and the Warehouse Fund or Sub-Fund to which it will be novated. Party A must agree to novate a Transaction under this Annex if a Security Trust Deed is in place for the Relevant Purchasing Fund, provided always that the Relevant Purchasing Fund has issued Registered Stock or Specified Investor Securities that are rated no lower at the Novation Date than "A-1+" or "AAA" by S&P, or the equivalent ratings thereof by Moodys or Fitch. Party A is under no obligation whatsoever to agree to novate a Transaction under this Annex to a Warehouse Fund.
AGREEMENT TO NOVATE. On and from the Effective Date, the parties novate the Principal Agreement so that:
AGREEMENT TO NOVATE. 2.1 The Original Obligor acknowledges that it entered into the Agreements with the Bank for the purpose of undertaking the Transactions with the Bank with their respective tenors set out in the Trade Confirmations which are the conclusive evidence of the terms and conditions of the Transactions. The Original Obligor agrees and acknowledges that the terms and conditions of the Agreements, the Terms Sheets, the Trade Confirmations and the Transactions are conclusively and absolutely binding on the Original Obligor. The Original Obligor expressly waives and forgo any of its right to challenge the validity or the enforceability of the Agreements and the Transactions, if any.

Related to AGREEMENT TO NOVATE

  • Agreement to Lock-Up Each Key Holder hereby agrees that it will not, without the prior written consent of the managing underwriter, during the period commencing on the date of the final prospectus relating to the Company’s initial public offering (the “IPO”) and ending on the date specified by the Company and the managing underwriter (such period not to exceed l80 days (which period may be extended upon the request of the managing underwriter, to the extent required by any NASD rules, for an additional period of up to fifteen (15) days if the Company issues or proposes to issue an earnings or other public release within fifteen (15) days of the expiration of the 180-day lockup period), (a) lend, offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, or otherwise transfer or dispose of, directly or indirectly, any shares of Capital Stock held immediately prior to the effectiveness of the registration statement for the IPO or (b) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of the Capital Stock, whether any such transaction described in clause (a) or (b) above is to be settled by delivery of Capital Stock or other securities, in cash or otherwise. The foregoing provisions of this Section 5 shall not apply to the sale of any shares to an underwriter pursuant to an underwriting agreement, and shall only be applicable to the Key Holders if all officers, directors and holders of more than one percent (1%) of the outstanding Common Stock (after giving effect to the conversion into Common Stock of all outstanding Preferred Stock) enter into similar agreements. The underwriters in connection with the IPO are intended third-party beneficiaries of this Section 5 and shall have the right, power and authority to enforce the provisions hereof as though they were a party hereto. Each Key Holder further agrees to execute such agreements as may be reasonably requested by the underwriters in the IPO that are consistent with this Section 5 or that are necessary to give further effect thereto.

  • Amendment to Agreement The Agreement is hereby amended as follows:

  • Agreement to Issue Subject to the terms and conditions and in reliance upon the representations and warranties herein set forth, the Republic agrees to issue and sell to the Underwriters, and the Underwriters agree to purchase from the Republic, at the Purchase Price, subject to the adjustments referred to in Section 9(c) hereof, the aggregate principal amount of the Securities set forth in Schedule II hereto.

  • Agreement to Forbear (a) For the period (the “Forbearance Period”) beginning as of the date first above written and ending on the earlier to occur of (a) 5:00 p.m., New York time, on May 11, 2009, and (b) termination of this forbearance as provided herein, Agent and Lenders, without waiving, curing or ceasing the continuance of the Existing Events of Default, hereby agree to forbear from the exercise of any of their Rights and Remedies available under the Credit Agreement and the Loan Documents on account of the Existing Events of Default. Neither Agent nor Lenders shall have any obligation to make any Loans, issue, extend or renew, and Borrower shall not request the issuance, extension or renewal of, any Letters of Credit or otherwise extend credit to Borrower under the Credit Agreement during the Forbearance Period. Lenders have considered and will continue to consider during the Forbearance Period, in their sole discretion, whether to honor borrowing requests or requests for issuances of Letters of Credit which shall, in any case, be made pursuant to and in compliance with the Budget (as hereinafter defined). Any past or future Loans to, or issuances of Letters of Credit for the account of, Borrower should not be considered an agreement, express or implied, on the part of Lenders to make any additional Loans or to issue any additional Letters of Credit or an agreement to waive any terms of the Credit Agreement in the future, including, without limitation, the satisfaction of conditions precedent to funding. Agent’s and Lenders’ forbearance provided for herein shall be effective only with respect to the Existing Events of Default and shall terminate and cease to be of force and effect, and Agent and Lenders may exercise all of their respective rights and remedies as may be available under the Credit Agreement and under applicable law, in Agent’s discretion by a written notice to Borrower upon or after the occurrence of any other Default or Event of Default under the Credit Agreement or any Loan Document (other than the Existing Events of Default) or a Default or Event of Default under the terms of this Agreement (individually a “Forbearance Default” and, collectively, the “Forbearance Defaults”).

  • Agreement to Merge The parties to this Agreement agree to effect the Merger herein provided for, subject to the terms and conditions set forth herein.

  • Amendment to Security Agreement The Security Agreement is hereby amended as follows:

  • Amendment to Note The Note is hereby amended as follows:

  • Agreement to Guaranty The New Guarantor hereby agrees, jointly and severally with all the existing Guarantors, to unconditionally guarantee the Issuer’s obligations under the Securities and the Indenture on the terms and subject to the conditions set forth in Article 13 of the Indenture and to be bound by all other applicable provisions of the Indenture and the Securities.

  • Amendment to Forbearance Agreement As of the date hereof, Section 2(b) of the Forbearance Agreement shall be amended and restated in its entirety to read as follows:

  • Amendment to Exhibit A to Services Agreement Solely with respect to Accounts that are not investment companies registered under the 1940 Act, the section of Exhibit A to the Services Agreement entitled “Administration and Risk Management” shall be, and hereby is, deleted in its entirety and replaced with the following:

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