Examples of Foreign Obligors in a sentence
Maintain all authorizations, consents, approvals and licenses from, exemptions of, and filings and registrations with, each Governmental Authority of the jurisdiction in which each Foreign Obligor is organized and existing, and all approvals and consents of each other Person in such jurisdiction, in each case that are necessary to maintain the enforceability of, and the practical realization by the Secured Parties of the intended benefit of, the applicable Loan Documents against such Foreign Obligors.
Guarantors The Existing Guarantors and, subject to the Guaranty and Security Principles, the Foreign Obligors.
Ensure that the payment obligations of the Foreign Obligors under the Loan Documents rank and continue to rank at least pari passu with the claims of all of the Foreign Obligors’ other unsecured and unsubordinated creditors, except for obligations mandatorily preferred by law applying to companies generally.
Maintain all authorizations, consents, approvals and licenses from, exemptions of, and filings and registrations with, each Governmental Authority of the jurisdiction in which each Foreign Obligor is organized and existing, and all approvals and consents of each other Person in such jurisdiction, in each case that are necessary to maintain the enforceability of, and the practical realization by the Lender Parties of the intended benefit of, the applicable Loan Documents against such Foreign Obligors.
The business plan financial modelling using the ODPM model clearly demonstrates that HRA sustainability is particularly sensitive to changes in the level of management and maintenance subsidy.
Notwithstanding anything to the contrary herein, the Designated Borrowers and Foreign Obligors shall make no payment under this Section 11.04 except for payments directly allocable to Foreign Obligor Obligations, and all other payments under this Section 11.04 shall be made by the Administrative Borrower and/or the U.S. Loan Parties.
Notwithstanding the foregoing, the Foreign Obligors shall only be responsible for payment of any of the foregoing costs and expenses with respect to and attributable to the Foreign Obligations.
Loans to Foreign Obligors Pledged as Collateral:Out of concern for Reserve Banks’ ability to perfect and enforce a security interest in loans to foreign obligors pledged as collateral, Reserve Banks will no longer accept such loans as collateral unless those loans meet criteria as described below.
The Loan Parties acknowledge and agree that (x) each U.S. Loan Party has Guaranteed, inter alia, all Obligations of the Foreign Obligors and the Foreign Subsidiaries and (y) each Foreign Obligor has Guaranteed, inter alia, all Foreign Obligations of each other Foreign Obligor and the Foreign Subsidiaries, provided that no such Foreign Obligor and/or such Foreign Subsidiary shall Guarantee the Obligations of any U.S. Loan Party or other Domestic Subsidiary.
For the avoidance of doubt, each of the Loan Parties and the Lender acknowledges and agrees that, notwithstanding anything to the contrary in this Agreement or any of the other Loan Documents, the Obligations of the Foreign Obligors under this Agreement or any of the other Loan Documents shall be separate and distinct from the Obligations of the U.S. Loan Parties and shall be expressly limited to the Foreign Obligations.