Agent Liabilities definition
Examples of Agent Liabilities in a sentence
Notwithstanding the foregoing, neither any such grant made hereunder nor the holding of interest hereunder by any Funding Agent shall increase any of the Borrower’s obligations and/or liabilities (including without limitation tax liabilities and other indemnities) which the Borrower has but for such grant or holding of interest (“Funding Agent Liabilities”) and the Granting Bank shall hold the Borrower harmless and indemnify the Borrower from and against any and all Funding Agent Liabilities.
To the extent that the undertakings to indemnify, pay and hold harmless set forth in this Section 7.8 may be unenforceable in whole or in part because they are volatile of any law or public policy, Borrower shall contribute the maximum portion that it is permitted to pay and satisfy under applicable law to the payment and satisfaction of all of the Indemnified Collateral Agent Liabilities incurred by the Indemnified Collateral Agent Parties or any of them.
Each of the Parties agrees that, subject to Clause 16.1 (Order of application), the Transaction Security shall rank and secure the Bank Lender Liabilities, the Hedging Liabilities, the Agent Liabilities, the Arranger Liabilities the Additional Facilities Liabilities (if any), the PP Liabilities (if any) and the Bondholder Liabilities (if any), pari passu and without any preference between them.
Baidu HK shall indemnify Rajax, on a dollar-for-dollar basis, against all payments made by the Xiaodu Group Companies to their agents in satisfying the Pre-Closing Agent Liabilities.
At the Closing the Buyer shall deliver payment of the Purchase Price, including any applicable sales tax and Buyer and Agent Liabilities, to Seller by wire transfer in immediately available funds, or by such terms as may be specified in the Term Sheet.
Each of the Parties agrees that, subject to Clause 16.1 (Order of application), the Bank Lender Liabilities, the Hedging Liabilities, the Agent Liabilities, the Arranger Liabilities, the Additional Facilities Liabilities (if any), the PP Liabilities (if any) and the Bondholder Liabilities (if any) shall rank in right and priority of payment on a pari passu basis and without any preference between them.
Each of the Parties agrees that the Senior Lender Liabilities, the Agent Liabilities, the Arranger Liabilities and the Hedging Liabilities shall rank pari passu and without any preference between them.
Closing Date and Title Transfer Only upon full payment of the Purchase Price and Buyer and Agent Liabilities will title to the Artwork will transition to Buyer.
Notwithstanding the foregoing, neither any such grant made hereunder nor the holding of interest hereunder by any Funding Agent shall increase any of the Borrower's obligations and/or liabilities (including without limitation tax liabilities and other indemnities) which the Borrower has but for such grant or holding of interest ("Funding Agent Liabilities") and the Granting Bank shall hold the Borrower harmless and indemnify the Borrower from and against any and all Funding Agent Liabilities.
Senior Facilities, Agent Liabilities and Hedging Liabilities to rank pari passu between themselves; in priority to 2.