Examples of FRG in a sentence
Lessor agrees to provide (or cause to be provided) hangar space for the Aircraft at FRG during the Term.
It is understood and agreed that Fleet and FRG shall have the same rights and powers hereunder (including the right to give such instructions) as the other Lenders and may exercise such rights and powers, as well as its rights and powers under other agreements and instruments to which it is or may be party, and engage in other transactions with the Borrowers, as though they were not the Administrative Agent or the Collateral Agent, respectively, of the Lenders under this Agreement.
The Target Subsidiaries have established adequate reserves for Taxes in accordance with US GAAP and, in the case of German Subsidiaries, FRG GAAP for the payment of all accrued Taxes not yet due and payable.
Each Lender, the Administrative Agent and the Issuing Bank hereby irrevocably (i) designate FRG as Collateral Agent under this Agreement and the other Loan Documents, (ii) authorize the Collateral Agent to enter into the Security Documents and the other Loan Documents to which it is a party and to perform its duties and obligations thereunder and (iii) agree and consent to all of the provisions of the Security Documents.
The reserves for Taxes reflected in the Financial Statements are adequate in accordance with US GAAP and, in the case of German Subsidiaries, FRG GAAP to cover all Taxes accrued or accruable through the date thereof.
Notwithstanding the foregoing, if Fleet resigns as Administrative Agent, FRG may, at its option, become successor Administrative Agent; and if FRG resigns as Collateral Agent, Fleet may, at its option, become successor Collateral Agent.
The Guaranty is in full force and effect, has not been withdrawn or terminated, or otherwise amended, supplemented or modified in any respect, and assuming the due authorization, execution and delivery by the other parties thereto, the Guaranty is a valid, binding and enforceable obligation of FRG in accordance with its terms, subject to the Remedies Exception and the provisions of Section 4 of the Guaranty.
It is understood and agreed that Fleet and FRG shall each have the same rights and powers hereunder (including the right to give such instructions) as the other Lenders and may exercise such rights and powers, as well as its rights and powers under other agreements and instruments to which it is or may be party, and engage in other transactions with any Borrower, as though they were not the Administrative Agent or the Collateral Agent, respectively, of the Lenders under this Agreement.
If such Refinancing Indebtedness is intended to constitute a Replacement FRG Credit Agreement, the Company shall so state in its Designation.
Buyer has made its investment decision based on its own knowledge and independent investigation of FRG, without regard to anything the Seller has said or not said and Buyer has relied only on the specific representations contained in this Agreement and expressly disclaims reliance on representations not explicitly contained herein.