FRG definition
Examples of FRG in a sentence
The FRG Acquisition shall be consummated substantially concurrently with the funding of the initial Credit Extension on the Closing Date in accordance with the FRG Acquisition Agreement.
Use the proceeds of the Loans only for (i) funding the FRG Acquisition, (ii) the Existing Credit Agreement Refinancing, (iii) to fund the Dividend Reserve in an amount not less than $65,000,000, (iv) to pay fees and expenses in connection with the foregoing and (v) for general corporate purposes of the Group Members.
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 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.
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.
If any item deposited to the FRG Concentration Account and credited to the Loan Account is dishonored or returned unpaid for any reason, whether or not such return is rightful or timely, the Administrative Agent shall have the right to reverse such credit and charge the amount of such item to the Loan Account and the Borrowers shall indemnify the Administrative Agent, the Collateral Agent, the Issuing Bank and the Lenders against all claims and losses resulting from such dishonor or return.
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.
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.
The University of Manitoba Transport Institute, p 4 [11] EPRI The Economist, August 5th 2000, p 76 [12] ▇▇▇▇▇ D, ▇▇▇▇▇▇▇ A (1991) Mophological analysis, diffusion and patterns of technological evolution: ferrous casting in France and the FRG.