Additional Beneficiary definition
Examples of Additional Beneficiary in a sentence
Upon the execution and delivery of such Undertaking by the Guarantor and such Subsidiary, such Subsidiary shall constitute an Additional Beneficiary, all references herein to the Beneficiaries shall be deemed to include such Additional Beneficiary and such Additional Beneficiary shall be a Beneficiary hereunder as if it were an original party to this Guarantee.
Additional Beneficiary an additional Beneficiary acceding to the Collection Foundation Documents in accordance with Clause 2.2 et seq.
By its execution of a Trust Supplement each Additional Beneficiary will consent to TPF acting as Servicer.
Owner to provide proof that Limestone Investments LLC has been added as Additional Insured or Additional Beneficiary on Owner's Liability Insurance policy for the Property, within 15 days of execution of this Agreement.
Notwithstanding anything to the contrary contained in Section 11(d) hereof, any Person that acquires shares of Class C Common Stock (other than Paribas) (any such person, an "Additional Beneficiary") may be added to the list contained in Exhibit C ----------------------- --------- hereto upon the written consent of Holdings and a majority in interest of the Shares.
Upon receipt by the Security Trustee of a duly completed Accession Memorandum, the Security Trustee will execute the Accession Memorandum and issue a security certificate to the Representative of the Additional Beneficiary and the Chargor will give notice thereof to the existing Beneficiaries, each Additional Beneficiary and the Chargor.
Owner to provide proof that Strawberry Property Management LLC has been added as Additional Insured or Additional Beneficiary on Owner's Liability Insurance policy for the Property, within 15 days of execution of this Agreement.
Upon such consent, the Additional Beneficiary shall be a third-party beneficiary in accordance with this Section 11(j), and the list contained in Exhibit C hereto shall be amended by adding to such list the --------- name of the Additional Beneficiary and the number of shares of Class C Common Stock held by the Additional Beneficiary as of the date of such consent.
An Additional Beneficiary may be a lender to the Chargor (including, without limitation, by way of a syndicated loan or loan stock, bond note or other debt issue howsoever described), a hedging counterparty, any other provider of financial facilities to the Chargor or an agent or trustee acting on behalf of any such person.
The entry of the DA which involves the granting of Development Rights with Guaranteed Beneficiary Owner’s Entitlement of RM52.0 million and Additional Beneficiary Owner’s Entitlement (if applicable) ("Total Entitlement”), allows the Company to quickly generate cash or capital from the Land without engaging in the development process.