Examples of Financial Guarantor in a sentence
A Relevant Financial Guarantor may elect to accelerate payments due under its Financial Guarantee in full or partially.
The Bond Trustee shall be entitled to assume that any instruction, consent or certificate received by it from the Borrower Security Trustee, the Issuer or any Financial Guarantor, which purports to have been given pursuant to the STID, has been given in accordance with its terms.
The Bond Trustee shall not be responsible for reviewing the terms of such accession nor for considering the relationship between the acceding Financial Guarantor and any existing Financial Guarantor.
Such indemnity shall continue in full force and effect whether or not the Bond Trustee is trustee of this Bond Trust Deed or such Financial Guarantor is a guarantor hereunder and under the relevant Financial Guarantee.
Such payment may be made in accordance with Condition 9 (Payments) and any payment so made shall be a good discharge, to the extent of such payment, by the Issuer, the Bond Guarantor, a Financial Guarantor or the Bond Trustee, as the case may be.
Under the terms of the financial guarantee, the total amount payable by the Financial Guarantor will be limited to the Guaranteed Amount (as specified in the relevant Final Terms).
Early adoption is permitted only for annual and interim periods beginning after December 15, 2016.Entities are permitted to adopt the new revenue standard by restating all prior periods under the full retrospective approach following ASC 250 “ Accounting Changes and Error Corrections” or entities can elect to use a modified retrospective approach.
The relevant Financial Guarantee provided by a Relevant Financial Guarantor in respect of the Bonds will constitute a direct, unsecured obligation of such Relevant Financial Guarantor which will rank at least pari passu with all other unsecured obligations of such Relevant Financial Guarantor, save for such obligations as may be preferred by provisions of law that are both mandatory and of general application.
Each Sub-Class of Wrapped Bonds will have the benefit of a Financial Guarantee issued by a Relevant Financial Guarantor, issued pursuant to a guarantee and reimbursement deed between, among others, the Issuer and the Relevant Financial Guarantor dated on or before the relevant Issue Date (as defined below) of such Bonds (the “G&R Deed”).
If no such election is made, the Relevant Financial Guarantor will continue to be liable to make payments in respect of the Bonds pursuant to the relevant Financial Guarantee on the dates on which such payments would have been required to be made if such amounts had not become immediately due and payable.