Dankalux definition
Examples of Dankalux in a sentence
Each Revolving Loan will be made to Danka PLC, Danka Holding or Dankalux.
The Companies shall not cause, suffer or permit Dankalux Sarl to own directly any equity interests in any Included Country Operating Companies.
Danka Belgium will use the Euro 2.0 million to repay existing intercompany principal and interest to Dankalux.
Therefore, Dankalux requests approval to capitalize its loan balance, which would be subsequently written-off when the Philippines is dissolved.
On or before July 31, 2003, Dankalux shall execute and deliver to Agent Loan Documents (collectively, the "Dankalux Pledge Documents") that are reasonably acceptable to Agent to create and perfect a first priority Lien upon all of the Equity Interest in Holding.
By investing up to Euro 2.0 million, into Danka Belgium NV, Dankalux will restore the net worth position of the company to approximately Euro 1.0 million.
A-1 EXHIBIT B Danka Business Systems PLC Danka Holding Company Dankalux Sarl & Co. SCA COMPLIANCE CERTIFICATE .
Executive acknowledges that this Agreement is a personal services agreement and cannot be assigned by Executive, but shall inure to the benefit of, and be enforceable by, Executive’s executors, administrators and personal representatives upon Executive’s death or disability.
Security Documents - each Guaranty, each Deposit Account Agreement, the Business Interruption Insurance Assignment, the Servicing Agreement, the Trademark Security Agreement, the Dankalux Pledge Documents, all documents granting or otherwise creating Liens or security interests by the Receivables Purchaser in favor of Agent and all other instruments and agreements now or at any time hereafter securing the whole or any part of the Obligations.
The payment and performance of the Obligations shall also be secured by the Property of each Obligor in which a Lien is granted pursuant to any of the Security Documents, including the Dankalux Pledge Documents and the Servicing Agreement.