Examples of Charging Company in a sentence
Any surplus shall be paid to the relevant Charging Company or other person entitled to it.
Porterbrook Leasing Mid Company Limited became a Charging Company (as defined in the Debenture) under the Debenture pursuant to a Security Accession Deed dated 16 September 2009.
Press Release, SEC, Xerox Settles SEC Enforcement Action Charging Company With Fraud (Apr.
Similar results are observed if a single level classification is used with larger trend values after 2001 for 475 K.
Each Charging Company waives any right it may have of first requiring any Interim Finance Party (or any security trustee or agent on its behalf) to proceed against or enforce any other rights or Security or claim payment from any person before claiming from any Charging Company under this Debenture.
Each Charging Company shall ratify and confirm all things done and all documents executed by any attorney in the exercise or purported exercise of all or any of his powers, in each case except to the extent the attorney in its name is acting negligently, with wilful misconduct or in breach of law or the terms of the Interim Documents.
Following the occurrence of an Enforcement Event which is continuing, at any time when there are Secured Obligations outstanding, no Charging Company shall be entitled to receive, withdraw or otherwise deal with or transfer any credit balance from time to time on any Account except with the prior consent of the Interim Security Agent.
THIS DEBENTURE has been signed on behalf of the Interim Security Agent and executed as a deed by each Charging Company and is delivered by it on the date specified above.
Each Charging Company shall, if requested by the Interim Security Agent, deliver (or procure delivery to the Interim Security Agent of), and the Interim Security Agent shall be entitled to hold and retain, all deeds, certificates and other documents (if any) constituting or evidencing title relating to any material freehold property owned by that Charging Company and subject to the Security created by sub-clause 3.1.1 of Clause 3.1 (Fixed charges).
The obligations of each Charging Company under this Debenture shall be in addition to the covenants for title deemed to be included in this Debenture by virtue of Part 1 of the Law of Property (Miscellaneous Provisions) Xxx 0000.