Financial Facilities definition

Financial Facilities has the meaning given in paragraph 8.1 of Schedule 6;

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Financial Facilities has the meaning given in paragraph 6.1 of Part 2 of Schedule 2 (AWI Warranties);

Financial Facilities has the meaning ascribed to it in Section 3.2(3).

Examples of Financial Facilities in a sentence

• The Permitted Financial Facilities, the Senior Note Guaranty and the completion guaranty to be executed by Borrower in connection therewith shall be permitted hereunder.

• The Borrower indemnifies and shall keep indemnified the Bank, its employees, successors and assigns from and against all costs, charges, duties, levies, penalties including the penalties whether resulting from delay or omission to pay any stamp duty, registration charges or otherwise and expenses incurred or loss or damage suffered by the Bank in connection with the Financial Facilities including negotiation, execution and enforcement of the Facility Documents.

• Provided always the Borrower shall and hereby agrees and undertakes to repay the amount outstanding under the Financial Facilities on or before the expiry of the period for which the Financial Facilities have been sanctioned.

• The Borrower shall pay all goods and services tax and all other levies and taxes now or hereafter imposed by law on any payment with respect to the Financial Facilities and/or this Agreement and indemnifies and shall keep indemnified the Bank against such payment.

• Agent hereby approves those documents and instruments delivered to the Agent on or before the Closing Date (but not otherwise) executed in connection with the Permitted Construction Loans which have been closed as of the Closing Date, and such facilities shall constitute Permitted Financial Facilities regardless of satisfaction of the conditions of the preceding sentence.

• The Borrower agrees to repay the amount outstanding under the Financial Facilities without any delay, demur or protest, together with interest forthwith, on written demand of Bank on the Borrower.

• Accordingly the Borrower hereby gives its irrevocable consent to the Bank for disclosing the name of the Borrower and its Directors to the Reserve Bank of India as “Willful Defaulter” in the event the Borrower defaults in respect of Financial Facilities with the Bank.

• The Permitted Financial Facilities and the completion guaranty to be executed by Borrower in connection with the proposed facility by KeyCorp as to the Permitted Construction Project shall be permitted hereunder.

• Prior to the date hereof, SBT has made available in the SBT Data Room true, correct and complete copies of Contracts pursuant to which such SBT Financial Facilities are made available to SBT or its Subsidiaries (the “SBT Financial Documents”).

• All payments of principal and interest in respect of the Financial Facilities shall be free and clear of and without withholding or deduction for or on account of any taxes or duties, of whatever nature imposed or levied by or on behalf of the Government of India or any statutory authority.

More Definitions of Financial Facilities

Financial Facilities is defined in SECTION 4.36.

Financial Facilities has the meaning given in paragraph 13.1.2 of Part 1 of Schedule 2. First Deferred Consideration means the sum of EUR 450,000.

Financial Facilities mean all loans, letters of credit, debentures, acceptance credits, overdrafts and other financial facilities available to the Company

Financial Facilities means the facilities sanctioned/to be sanctioned by the Bank to the Borrower in a sum as set out at Serial No.3 of Schedule I written hereunder and upto which the Bank may lend and advance to the Borrower and includes where the context so requires outstanding amounts under the Financial Facilities, on the terms and conditions prescribed by the Bank from time to time in force at the time of repayment;

Financial Facilities has the meaning given in paragraph 10.1 of Schedule 4.

Financial Facilities has the meaning given in paragraph 14.1.2 of Part 1 of Schedule 6. Fundamental Warranties: the Warranties set out in paragraphs 1, 2.2 and 2.3 of Schedule 6 (each a Fundamental Warranty). Fundamental Warranties.