Common Terms Deed definition
Examples of Common Terms Deed in a sentence
However, if the Borrower prepays on a day other than the Interest Payment Date for the Drawing to be prepaid and the Financier incurs any Break Costs as a result of such prepayment, then the Borrower will be liable for Break Costs (if any) under clause 12 (“Costs and indemnities”) of the Common Terms Deed Poll.
The Borrower will make all repayments and prepayments to the Lender required in accordance with clauses 9.1, 9.3(b) and 9.4 of the Common Terms Deed.
Clause 1.2 of the Common Terms Deed applies in this Agreement as if all references in that clause to "this Deed" were to "this Agreement".
For the avoidance of doubt, the parties agree to make all payments under this Agreement in accordance with clause 23 of the Common Terms Deed.
The Lender may at any time assign or otherwise transfer all or any part of its rights under any Finance Document in accordance with the provisions of clause 19 of the Common Terms Deed and not in any other manner.
The Borrower and the Lender agree that this Agreement is a "Finance Document" for the purposes of the Common Terms Deed and, without limiting the other rights of the Lender, that the Lender, in entering into this Agreement and performing its obligations under this Agreement, has the benefit of the representations and warranties and undertakings given by the Borrower and each other Obligor under the Common Terms Deed.
Clauses 5.2 to 5.4 (inclusive) of the Common Terms Deed apply to this agreement as if set out in full in this agreement and as if references in those clauses to ‘this deed’ were to ‘this agreement’.
The Borrowers must, and must ensure that each other Transaction Party will, comply with clause 4 of the Common Terms Deed.
An Event of Default occurs if an ‘Event of Default’ as defined in the Common Terms Deed occurs, whether or not it is within the control of a Transaction Party.
An Event of Default occurs if an “Event of Default” as defined in the Common Terms Deed occurs.