Enav definition
Examples of Enav in a sentence
This guaranty shall be a full, unconditional, irrevocable, absolute and continuing guaranty of payment and performance of the obligations of Enav US Subsidiary.
The Members, NAV CANADA, Enav, Naviair and the Company are party to that certain Second Amended and Restated Limited Liability Company Agreement of the Company, dated as of February 14, 2014, as amended (the “Operating Agreement”).
Enav shall pay such amount within five (5) Business Days of receipt of demand for payment from the Company.
If Enav US Subsidiary fails to perform any Enav US Subsidiary Obligations requiring payment, in whole or in part, when such Enav US Subsidiary Obligations are due, Enav shall promptly pay such Enav US Subsidiary Obligations in lawful money of the United States.
The Members, NAV CANADA, Enav, IAA, Naviair and the Company are party to that certain Second Amended and Restated Limited Liability Company Agreement of the Company, dated as of February 14, 2014, as amended (the "Operating Agreement").
The Company may enforce its rights under this guaranty without first suing Enav US Subsidiary or joining Enav US Subsidiary in any suit against Enav, or enforcing any rights and remedies against Enav US Subsidiary or otherwise pursuing or asserting any claims or rights against Enav US Subsidiary or any other Person or entity or any of its or their property which may also be liable with respect to the matters for which Enav is liable hereunder.
Each of Iridium, NAV CANADA, Enav, IAA, Naviair and NATS will appoint one lead member to serve on a Strategic Advisory Committee (the “Strategic Advisory Committee”), which shall advise and support the Chief Executive Officer and management team of the Company on the creation of the Company’s strategic plan, its long-term operating plan and the Budget for approval by the Company’s Board of Directors.
Each of Iridium, NAV CANADA, Enav, IAA and Naviair will appoint one lead member to serve on a Strategic Advisory Committee (the “Strategic Advisory Committee”), which shall advise and support the Chief Executive Officer and management team of the Company on the creation of the Company’s strategic plan, its Long-Term Operating Plan and the Budget for approval by the Company’s Board of Directors.
The Company may enforce their rights under this guaranty without first suing Enav US Subsidiary or joining Enav US Subsidiary in any suit against Enav, or enforcing any rights and remedies against Enav US Subsidiary or otherwise pursuing or asserting any claims or rights against Enav US Subsidiary or any other Person or entity or any of its or their property which may also be liable with respect to the matters for which Enav is liable hereunder.
Enav hereby fully, irrevocably, absolutely and unconditionally guarantees, for the benefit of the Company, the prompt and complete payment and performance by Enav US Subsidiary of its obligations when due under this Agreement and any other agreements between Enav US Subsidiary and the Company (collectively, the “Enav US Subsidiary Obligations”) in accordance with the terms hereof.