EBRD Sample Clauses

EBRD. EBRD shall have confirmed to OPIC its intention to make a disbursement pursuant to the EBRD Loan Agreement on or before the Disbursement Date, and have advised OPIC that all of the conditions precedent to EBRD making such disbursement as required by the EBRD Loan Agreement have been (or are reasonably expected to be) satisfied or waived by the proposed Disbursement Date.
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EBRD. EBRD’s main operational objectives in Georgia for 2004-2005 complement those of the Regional Infrastructure Development Activity and EBRD has prepared a number of projects which may be candidates for parallel funding under this Activity.
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EBRD. (a) The Borrower shall procure that, without the Bank's prior consent: (i) the EBRD Conversation Option shall provide the right for EBRD to acquire no more than ten percent (10%) of the issued share capital of Plaza Centers on the basis of a company valuation of the total assets (less all bank debt) of Plaza Centers of not less than US$275,000,000 (two hundred and seventy five million US Dollars); and (ii) the EBRD Equity Financing Facility shall require repayments of principal commencing no earlier than four (4) years after the grant of the EBRD Equity Financing Facility. (b) The Borrower shall, unless otherwise agreed by the Bank, provide to the Bank provide copies of the definitive documentation setting out the provisions of the EBRD Conversion Option and EBRD Equity Financing Facility at least ten (10) days prior to the execution thereof.
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EBRD. EBRD represents and warrants to Rousse Holding, each DB Contributor and Seaboard as set forth below: (a) Due Authorisation; Binding Agreement. EBRD has full corporate power and authority to execute, deliver and perform its obligations under this Agreement. All corporate action on the part of EBRD necessary for the authorisation, execution and delivery of this Agreement, and the performance of all obligations of EBRD hereunder has been taken.
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Related to EBRD

  • The Lender We can choose to assign or transfer any of our rights or obligations under this Agreement without your or the Guarantor’s specific consent, and each of our assignees and transferees has the same rights against you and the Guarantor under the Relevant Documents as if it were named in this Agreement as the Lender.

  • Secured Party In performing its obligations under this Agreement, the Secured Party is subject to, and entitled to the benefits of, the terms of the Indenture that apply to the Indenture Trustee.

  • Security Agent (a) The Security Documents and the Collateral will be administered by the Security Agent pursuant to the Intercreditor Agreement for the benefit of all holders of secured obligations. (b) Any resignation or replacement of the Security Agent shall be made in accordance with the terms of the Intercreditor Agreement.

  • The Bank 1. shall perform the duties imposed on the Bank under the Ordinance. 2. shall exercise reasonable care in the performance of its duties as are specifically set forth in this Agreement, and no implied covenants or obligations shall be read into this Agreement against the Bank; and 3. in the absence of bad faith on its part, may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Bank and conforming to the requirements of this Agreement, but in the case of any opinions which by any provision hereof are specifically required to be furnished to the Bank, shall be under a duty to examine the same to determine whether or not they conform to the requirements of this Agreement.

  • Lockbox Borrower must immediately notify all persons who are obligated on accounts generated by the Borrower with customers domiciled in the United States and Canada that are not considered foreign account debtors by Crestmark for purposes of determining whether an account is an Eligible Account under this Agreement (such accounts, "Debtor Accounts" and such persons, collectively, a "Debtor") to remit all payments due Borrower to the lock box address or pursuant to the wire transfer or ACH instructions set forth in the Schedule (the "Lockbox Account"). The remit to address on all documents related to the Debtor Accounts, including invoices, purchase orders, or contracts ("Documents") must be the Lockbox Account. At Crestmark's request, all Documents must be marked by Borrower to show assignment to Crestmark, and Borrower must notify each Debtor by mail that the Debtor Account has been assigned to Crestmark and that all payments on the Debtor Account, whether made by mail or electronically or otherwise must be made payable to Borrower or Crestmark, at Crestmark's sole discretion, to the Lockbox Account or other address provided by Crestmark in writing. The language used in such notices shall be approved by Crestmark in writing. Crestmark may at any time and from time to time, and at its sole discretion, notify any Debtor or third party payee with respect to a Debtor Account to make payments payable directly to Crestmark or to notify Debtor of the assignment to Crestmark. All expenses for notification of each Debtor will be paid by Borrower. Borrower shall not be required to deposit payments received with respect to COD sales or accounts that are not Debtor Accounts into the Lockbox Account. If notwithstanding the notice to Debtors, Borrower receives any funds from a Debtor, including any cash, checks, drafts or wire transfers from the collection, enforcement, sale or other disposition of a Debtor Account, whether derived in the ordinary course of business or not, Borrower shall hold such funds in trust for Crestmark, shall not mix such funds received with any other funds, and shall within two business days deposit such funds in the Lockbox Account. Crestmark will have sole possession and control over the Lockbox Account. The Lockbox Bank will process all deposits and Borrower has no right to the Lockbox Account, it belongs to Crestmark. Crestmark is the owner of all deposits in the Lockbox Account, and has no duty as to collection or protection of funds as long as it is not grossly negligent or commits actual fraud. All expenses plus any applicable administration and servicing fees of the Lockbox Account will be paid by Borrower.