BWHW definition
Examples of BWHW in a sentence
For the benefit of the trustees of the New Water Company Scheme, Cascal will procure that BWHW will put in place a guarantee overall not less favourable than the “Water Section Guarantee” (as set out in clause 6 of the 2008 Agreement) or, if acceptable to the trustees of the Water Company Scheme, a parent company guarantee.
This shall not apply to the security granted by Bournemouth & West Hampshire (Holdings) Limited over its shares in BHWH pursuant to the Holdco Debenture (as defined in the BWHW STID)”, and the original Clause 20.4(b) shall become new Clause 20.4(c).
If any sum due and payable under this Agreement is not paid on the due date in accordance with the provisions of this Agreement, Biwater Plc shall in addition to that sum pay interest to BWHW, BWS Finance or Cascal Investments (as appropriate) from the date for payment of the sum up to and including the day of actual payment of the sum (or the next Business Day if the day of actual payment is not a Business Day).
CSL shall use its best endeavours to ensure the BWHW Group procures (subject to applicable laws and regulations) that each of the Regulated Subsidiaries pays CSL all monies owing to it and shall take such steps, and shall ensure that the Regulated Subsidiaries take such steps, as otherwise may be required to comply with each Obligor’s obligations under the Finance Documents to the extent permitted under the BSTID.
All payments to be made to BWHW, BWS Finance or Cascal Investments under this Deed shall be paid in full in cash on the due date for payment by telegraphic transfer into such account as shall have been designated by BWHW, BWS Finance, Cascal Investments or Sembcorp in any demand made pursuant to clause 2.1.