Examples of Danish Guarantor in a sentence
For the purposes of paragraph(b) above, “ Equity” shall mean the equity (in Danish: egenkapital) of such Danish Guarantor calculated in accordance with applicable generally accepted accounting principles at the relevant time, however, adjusted upwards if and to the extent any market value of an asset is higher than its book value.
It is the intent of the Pro- ject to remediate competencies and proficiencies.
These are unconditional and irrevocable Norwegian law on-demand guarantee from the Guarantor securing the Obligor’s obligations when they have become due under the Bond Agreement and any other Finance Document, including interest, cost and expenses, with payment by the Guarantor to be made within 10 Business Days of any demand, such Guarantees to be qualified as required by Danish law with respect to any Danish Guarantor.
For the purposes of paragraph (b) above, “ Equity” shall mean the equity (in Danish: egenkapital) of such Danish Guarantor calculated in accordance with applicable generally accepted accounting principles at the relevant time, however, adjusted upwards if and to the extent any market value of an asset is higher than its book value.
Notwithstanding that a Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, a Subsidiary, the U.S. Borrower shall be obligated (and in no event shall the Danish Borrower, any Danish Guarantor or any Foreign Subsidiary be obligated) to reimburse the Lender hereunder for any and all drawings under such Letter of Credit.