Transactions under the Master Agreement Sample Clauses

Transactions under the Master Agreement. (a) At any time the Borrower may request the Lender to conclude Transactions for the purpose of swapping its interest payment obligations under this Agreement subject to such Transactions being entered into after the Drawdown Date and the tenor of the same not extending beyond the final Repayment Date. Signature of the Master Agreement does not commit the Lender to conclude Transactions, or even to offer terms for doing so, but does provide a contractual framework within which Transactions may be concluded and secured, assuming that the Lender is willing to conclude any Transaction at the relevant time and that, if that is the case, mutually acceptable terms can then be agreed at the relevant time.
Sample 1
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Transactions under the Master Agreement. Each drawdown under the Master Agreement represent a separate transaction governed by documentation (attached as Exhibit A) reflecting the actual purchase and subsequent sale of a given commodity executed in the London Metal Exchange Market by certified brokers appointed by RPE. As a result of conducting the trade, E&Pco will produce the working capital required for its business. Each trade transaction represents a drawdown under the Master Agreement, hence, creating a respective debt in the books of E&Pco. Each transaction is termed "Murabaha" Transaction Procedure (Modes Operandi):
Sample 1
Transactions under the Master Agreement. At any time during the Security Period the Borrower may request the Swap Banks to conclude Designated Transactions for the purpose of hedging the Borrower’s exposure to interest rate fluctuations in the context of its interest payment obligations under this Agreement. If the Borrower requests to conclude a Designated Transaction prior to the delivery of at least one of the Ships or, if at the time the Borrower requests to conclude a Designated Transaction there is a shortfall in the minimum security cover required to be maintained pursuant to Clause 15.1, the Swap Banks and the Lenders may request that the Borrower provides or procures the provision of such security as is acceptable to the Swap Banks and the Lenders. The entry by the Swap Banks into the Master Agreements does not commit the Swap Banks to conclude Designated Transactions, or even to offer terms for doing so, but does provide a contractual framework within which Designated Transactions may be concluded and secured, assuming that the relevant Swap Bank is willing to conclude any Designated Transaction at the relevant time and that, if that is the case, mutually acceptable terms can be agreed at the relevant time. 3 POSITION OF THE LENDERS, THE SWAP BANKS AND THE MAJORITY LENDERS
Sample 1
Transactions under the Master Agreement. The Borrowers shall enter into the Master Agreement with the Swap Bank on the date of this Agreement and they agree that the Swap Bank shall have a right of first refusal to conclude Designated Transactions under the Master Agreement to hedge the Borrowers' exposure to interest rate fluctuations. The Borrowers shall cooperate in good faith with the Swap Bank in negotiating the terms of the Designated Transactions.
Sample 1
Transactions under the Master Agreement. The Borrower shall provide the Swap Bank with a right of first refusal at any time to conclude Transactions for the purpose of hedging the Borrower’s interest payment obligations under this Agreement. The Borrower agrees that signature of a Master Agreement does not commit either the Swap Bank to conclude Transactions, or even to offer terms for doing so, but does provide a contractual framework within which Transactions may be concluded and secured, assuming that, in relation to each proposed Transaction, mutually acceptable terms can then be agreed at the relevant time. 3 POSITION OF THE LENDERS, THE SWAP BANK AND THE MAJORITY LENDERS
Sample 1
Transactions under the Master Agreement. The Borrower agrees that the Lender shall have a right of first refusal to conclude transactions under the Master Agreement for any derivative transaction which the Borrower may want to enter into to hedge its exposure to interest rate fluctuations or otherwise. The Borrower shall cooperate in good faith with the Lender in negotiating the terms of the Transactions.
Sample 1

Related to Transactions under the Master Agreement

  • Certain Transactions and Agreements To the Knowledge of the Company, none of the officers and directors of the Company, and no Shareholder of the Company, nor any immediate family member of an officer or director of the Company, has a direct ownership interest of more than 2% of the equity ownership of any firm or corporation that competes with, or does business with, or has any contractual arrangement with, the Company. None of said officers, directors, Shareholders or immediate family members, is a party to, or otherwise directly or, to the Knowledge of the Company, indirectly interested in any Company Material Contract.

  • IMPLICATIONS UNDER THE LISTING RULES As the relevant percentage ratios (as defined under the Listing Rules) in respect of the maximum amount of financial assistance granted to the Borrowers or their associates pursuant to the Loan Facility under the Loan Agreement exceed 5% but are under 25%, the transaction contemplated under the Loan Agreement constitutes a discloseable transaction of the Company and is therefore subject to the announcement requirement but exempt from Shareholders’ approval requirement under the Listing Rules.

  • Persons Having Rights Under the Agreement Nothing in this Agreement shall give to any person other than the Company, the Warrant Agent and the holders of the Warrant Certificates any right, remedy or claim under or by reason of this Agreement.

  • Obligations Under the Guaranty The undersigned hereby agrees, as of the date first above written, to be bound as a Guarantor by all of the terms and conditions of the Guaranty to the same extent as each of the other Guarantors thereunder. The undersigned further agrees, as of the date first above written, that each reference in the Guaranty to an “Additional Guarantor” or a “Guarantor” shall also mean and be a reference to the undersigned, and each reference in any other Loan Document to a “Guarantor” or a “Loan Party” shall also mean and be a reference to the undersigned.

  • Status under the Securities Act The Company was not and is not an ineligible issuer as defined in Rule 405 under the Securities Act at the times specified in Rules 164 and 433 under the Securities Act in connection with the offering of the Placement Shares.

  • Obligations Under the Security Agreement The undersigned hereby agrees, as of the date first above written, to be bound as a Grantor by all of the terms and provisions of the Security Agreement to the same extent as each of the other Grantors. The undersigned further agrees, as of the date first above written, that each reference in the Security Agreement to an “Additional Grantor” or a “Grantor” shall also mean and be a reference to the undersigned.

  • Transactions in Progress Upon Termination The Adviser and SubAdviser will cooperate with each other to ensure that portfolio securities or other transactions in progress at the date of termination of this Agreement shall be completed by the SubAdviser in accordance with the terms of such transactions, and to this end the SubAdviser shall provide the Adviser with all necessary information and documentation to secure the implementation thereof.

  • Rights Under The Federal Power Act Nothing in this Section shall restrict the rights of any Interconnection Party to file a complaint with FERC under relevant provisions of the Federal Power Act.

  • Certain Transactions The Warrant Agent, and its officers, directors and employees, may become the owner of, or acquire any interest in, Warrants, with the same rights that it or they would have if it were not the Warrant Agent hereunder, and, to the extent permitted by applicable law, it or they may engage or be interested in any financial or other transaction with the Company and may act on, or as depositary, trustee or agent for, any committee or body of holders of Warrant Securities or other obligations of the Company as freely as if it were not the Warrant Agent hereunder. Nothing in this Warrant Agreement shall be deemed to prevent the Warrant Agent from acting as trustee under any indenture to which the Company is a party.

  • Conditions to Each Party’s Obligations under this Agreement The respective obligations of each party under this Agreement shall be subject to the fulfillment at or prior to the Closing Date of the following conditions, none of which may be waived:

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