Examples of Borrowing Orders in a sentence
In both Islands, however, the authorities have also continued to use their powers under long-established Control of Borrowing Orders to control what investment businesses may be established on the Islands.
Subject to entry of the Borrowing Orders, each Borrower has the power and authority to execute, deliver, and perform this Agreement and the other Loan Documents to which it is a party, to incur the Obligations (as applicable), and to grant to the Agent Liens upon and security interests in the Collateral.
There should also be a focus on the building of supports, both formal and informal, that minimise harmful risks and maxim- ise the positives and resilience building aspects, on short-term and long-term bases.
The Borrowers shall have repaid the Prior Lender Claim, as such term is defined in the Borrowing Orders (other than early termination fees provided thereunder) in full.
From the perspective of the client’s interest, the sanction of invalidity of a legal transac- tion will not always bring about positive effects, as the client will often become aware of the shortcomings of the counterparty after the fact, that is after they have transferred their funds or financial instruments for management, or have used investment consult- ing services.
Unless stayed by judicial or statutory process, subject to the provisions of the Borrowing Orders a Liquidation shall be initiated by the Collateral Agent within a commercially reasonable time following Acceleration of the Revolving Credit Obligations, the Tranche B Loan and the Tranche C Loan.
We'll cover techncial skills like SQL and regular expressions, soft skills like working effectively with other coders, and everything in between.
In accordance with the Borrowing Orders, each Borrower hereby waives, and shall cause each of its Subsidiaries to waive, any and all claims to any surcharge of the security interests of Agent in the Collateral under section 506(c) of the Bankruptcy Code.
Subsection 2.10 of the Credit Agreement is hereby amended by (i) adding the phrase "and other professional fees and expenses specified in the Borrowing Orders" immediately after the reference to "Chapter 11 Cases" contained in clause (ii) thereof, and (ii) adding the phrase "or such greater amount set forth in the Borrowing Orders" immediately after the reference to "$2,000,000" contained therein.
Upon Acceleration, and at all times thereafter, and subject to any Bankruptcy Court order as may be required under the terms of the Borrowing Orders, the Agent shall have the following 146 rights and remedies in addition to all of the rights, remedies, powers, privileges, and discretions which the Agent is provided prior to the occurrence of an Event of Default:.