Letter of Comfort. Each Corporate Member that is an Obligor shall, and the Account Party shall procure that each Corporate Member will, use all reasonable endeavours to obtain from Lloyd’s (after consultation with the Agent), no later than 5 Banking Days after each of:
Letter of Comfort. The Administrative Agent shall have received executed counterparts of the Letter of Comfort, duly executed and delivered by each party thereto.
Letter of Comfort. The Borrower shall use all reasonable endeavours, as soon as possible and in any event by no later than 15 December 2022, to:
Letter of Comfort. The Borrower shall deliver to the Administrative Agent a Letter of Comfort relating to each Managed Syndicate in respect of the 2024 underwriting year of account by no later than December 15, 2023 (or, if later, within four Business Days after Lloyd's provides such Letters of Comfort to the Borrower). Each such Letter of Comfort shall be signed on behalf of Lloyd's by an authorized signatory thereof.
Letter of Comfort. The Borrower:
Letter of Comfort. To: Seanergy Maritime Holdings Corp. of the Xxxxxxxx Islands (the “Company”) Attn: Xx. Xxxx Xxxxxxxxx June 2009 Dear Sir, RE: Sale of 50% of all the issued share capital of Bulk Energy Transport (Holdings) Limited, of the Xxxxxxxx Islands (250 shares) from Constellation Bulk Energy Holdings, Inc., of the Xxxxxxxx Islands, as seller, to the Company, as buyer (the “Transaction”). We, CONSTELLATION ENERGY COMMODITIES GROUP INC., in our capacity as a sister company of Constellation Bulk Energy Holdings Inc. (“CBEH”), hereby confirm, undertake and warrant that we shall ensure that CBEH has sufficient financial resources to perform its obligations under clause 4.13 of the agreement made by the buyer and seller on the same date as this letter setting out the terms of the Transaction. If any questions or matter concerning this letter falls to be determined in any jurisdiction, the applicable law of this letter will be English law. Yours faithfully, Name: Authorized Signatory / Title For and on behalf of CONSTELLATION ENERGY COMMODITIES GROUP, INC. SCHEDULE 5A BULK ENERGY TRANSPORT (HOLDINGS) LIMITED SHAREHOLDERS WRITTEN RESOLUTION The following written resolution is made pursuant to section [ ] of the [ ] of Bulk Energy Transport (Holdings) Limited (the “Company”). The Shareholders of the Company, having read and considered the agreement of even date with this resolution made between Constellation Bulk Energy Holdings, Inc. of the Xxxxxxxx Islands, as seller, and Seanergy Maritime Holdings Corp., a corporation organized under the laws of the Republic of the Xxxxxxxx Islands, as buyer, (the “Agreement”) relating to the sale of 50% of all the issued share capital of the Company (250 shares) by the seller to the buyer (the “Transaction”) hereby resolve as follows:
Letter of Comfort. Subject to the approval of the employees shall be granted reasonable leave with pay for other union business to a maximum of thirty (30) days or shifts per calendar year excluding any other union leave granted for collective bargaining or internal business with the employer. LOSS OF SERVICE Service and employment will be terminated when an employee:
Letter of Comfort. Deliver to the Seller’s Solicitors a letter of comfort from the Managers in terms of which the Managers will warrant to the Seller that no Employee has received notice terminating his or her employment on or before the Transfer Date. SCHEDULE 2 Warranties
Letter of Comfort. A letter of comfort from State Bank of India, CAG Branch, New Delhi, India, shall be a required document for this Agreement, securing the said enhanced amount of the Revolving Credit Working Capital facility.
Letter of Comfort. The Letter of Comfort shall have been amended to extend its term until December 20, 2022.
