FURTHER ASSURANCE definition

FURTHER ASSURANCE. The parties covenant with each other that each party will from time to time sign, execute, procure, pass and do all such further documents, acts, matters, resolutions and things as shall be necessary or requisite for effecting the provisions of this agreement.
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FURTHER ASSURANCE. Each party shall (at its own expense) promptly execute and deliver all such documents, and take all such actions, or procure the execution and delivery of all documents and taking of all such actions, as are required to give full effect to this Guarantee.
Sample 1
FURTHER ASSURANCE. The Principal Borrower shall do all such things (and shall procure that the Obligors shall do all such things within its or their control) as the Agent (or any receiver or similar insolvency official in the relevant jurisdiction) may reasonably request from time to time to perfect or remedy any defects in the Transaction Documents as has rendered any of the same ineffective invalid or unenforceable or otherwise to make the Transaction Documents effective valid and enforceable and the Principal Borrower and/or the Obligors concerned shall meet all reasonable costs incurred in connection with the same save insofar as such costs have been necessitated solely by reason of the negligence of any of the Agent, the Security Trustee or any of the Senior Lenders or their respective advisers.
Sample 1

Examples of FURTHER ASSURANCE in a sentence

  • Further Assurance ...............................................................................

  • Acceptance and Assumption Agreement; ------------------------------------------------------------------- Instruments of Further Assurance2.5 Bxxx of Sale, Assignment, Acceptance and ---------------------------- Assumption Agreement; Instruments of Further Assurance.

  • Upon foreclosure, the appointment of a receiver or any other relevant action, Borrower shall, at its sole cost and expense, cooperate fully and completely to effect the assignment or transfer of any license, permit, agreement or any other right necessary or useful to the operation of the Collateral, subject to the Further Assurance Standard.

  • Clauses 14 (Confidentiality), 16 (Amendments), 17 (Further Assurance), 20 (Counterparts) and 22 (Governing Law and Jurisdiction) of the Step-In Agreement shall apply to this Agreement mutatis mutandis.

  • Surviving Clauses means clause 1 (Interpretation), clause 12 (Break Fee), clause 13 (Reverse Break Fee), clause 15 (Announcements), clause 16 (Confidentiality), clause 18 (Goods and Services Tax), clause 19 (Notices), clause 20 (General) (other than clause 20.12 (Further Assurance)) and clause 21 (Governing Law and Jurisdiction).

  • Further Assurance Each Party shall at the reasonable request of the other do or procure the doing of all such further acts, and execute or procure the valid execution of all such documents, as may from time to time be necessary in the requesting Party’s reasonable opinion to give full effect to this Agreement and to vest in the requesting Party the full benefit of the assets, rights and benefits to be transferred to the requesting Party under this Agreement.

  • Further Assurance Each party shall at the cost and expense of the other party use all reasonable endeavours to do all such further acts and things and execute or procure the execution of all such other documents as that party may from time to time reasonably require for the purpose of giving that party the full benefit of the assets, rights and benefits to be transferred to the other party under these Terms and Conditions.

  • Instruments of Further Assurance ......................................................................

  • For the purposes of this Clause 4.11 (Further Assurance), a certificate in writing signed by the Trustee to the effect that any particular assurance or thing required by it is reasonably required shall be conclusive evidence of the fact.

  • Clause 1 (Further Assurance) of the Common Terms applies to this Agreement as if set out in full herein, and as if the Borrower was the Obligor (as defined therein) and the Senior Lenders, the Security Trustee and the Senior Agent were the Obligees (as defined therein).

Related to FURTHER ASSURANCE

  • Financial Assurances means the financial assurances provided by the Shipper and accepted by the Carrier in accordance with Rule 19.

  • Reasonable assurance means a high degree of confidence that submitted data and statements are valid.

  • Financial assurance means a commitment of funds or resources by an operator to a regulatory authority that satisfies the requirements in s. 14 and is sufficient to pay for reclamation activities required by this chapter.

  • Performance Assurance means collateral in the form of cash, letters of credit, or other security acceptable to the requesting Party.

  • Reassurance means to offer an individual encouragement and support.

  • Federal Assurances means Standard Form 424B (for non-construction projects) or Standard Form 424D (for construction projects) in Attachment B, attached hereto and incorporated herein for all purposes.

  • Security and Pledge Agreement shall have the meaning set forth in Section 4.01(c).

  • Adequate Assurance means at least meeting the following conditions, which Landlord and Tenant acknowledge to be commercially reasonable:

  • Legal Opinions has the meaning given to that term in subsection 6.1(k)(ii) hereto;

  • Additional Documents has the meaning specified therefor in Section 5.12 of the Agreement.

  • Provider of financial assurance means an entity that provides financial assurance to an Owner or Operator of an underground storage tank through one of the mechanisms listed in these Regulations, including a guarantor, insurer, risk retention group, surety, issuer of a letter of credit, issuer of a state required mechanism, or a state.

  • Adequate Assurance of Performance has the meaning given to it in Section 10.3.

  • insurance undertaking means insurance undertaking as defined in point (1) of Article 13 of Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (1);

  • Guaranteed asset protection waiver means that term as defined in section 3 of the guaranteed asset protection waiver act.

  • Assurance means any act or action, whether written or oral, expressing an opinion or conclusion

  • Security Policy means the Authority’s Security Policy annexed to Schedule (Security Requirements and Plan) as updated from time to time.

  • Guaranty and Security Agreement means a guaranty and security agreement, dated as of even date with this Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each of the Loan Parties to Agent.

  • Assignment of Insurances shall have the meaning provided in the definition of “Collateral and Guaranty Requirements”.

  • reinsurance undertaking means reinsurance undertaking as defined in point (4) of Article 13 of Directive 2009/138/EC;

  • L/C Undertaking has the meaning set forth in Section 2.12(a).

  • Financial Agreement means a financial agreement within the meaning of section 205ZN, 205ZO or 205ZP;(FLA s. 4(1))

  • Discharge of Obligations subject to Section 10.8, the satisfaction of the Obligations (including all such Obligations relating to Cash Management Services) by the payment in full, in cash (or, as applicable, Cash Collateralization in accordance with the terms hereof) of the principal of and interest on or other liabilities relating to each Loan and any previously provided Cash Management Services, all fees and all other expenses or amounts payable under any Loan Document (other than inchoate indemnification obligations and any other obligations which pursuant to the terms of any Loan Document specifically survive repayment of the Loans for which no claim has been made), and other Obligations under or in respect of Specified Swap Agreements and Cash Management Services, to the extent (a) no default or termination event shall have occurred and be continuing thereunder, (b) any such Obligations in respect of Specified Swap Agreements have, if required by any applicable Qualified Counterparties, been Cash Collateralized, (c) no Letter of Credit shall be outstanding (or, as applicable, each outstanding and undrawn Letter of Credit has been Cash Collateralized in accordance with the terms hereof), (d) no Obligations in respect of any Cash Management Services are outstanding (or, as applicable, all such outstanding Obligations in respect of Cash Management Services have been Cash Collateralized in accordance with the terms hereof), and (e) the aggregate Commitments of the Lenders are terminated.

  • Insurance Assignment means the valid and effective first legal assignment of the Insurances (together with the notice thereof), to be executed by the Borrower in respect of the Vessel in favour of the Trustee and the Commercial Loan Trustee, such assignment and notice to be in the form and on the terms and conditions required by the Agent, the Hermes Agent and the Commercial Loan Agent and agreed on the signing of the Original Loan Agreement and as specified in paragraph 47 of Schedule 4;

  • Charter Assignment means a specific assignment of each Extended Employment Contract required to be executed hereunder by any Borrower in favour of the Security Trustee (including any notices and/or acknowledgements and/or undertakings associated therewith) in such form as the Agent and the Majority Lenders may require in their sole discretion;

  • Information Privacy and Security Laws means applicable Laws and legal requirements (and binding industry standards) concerning the use, ownership, maintenance, storage, collection, transfer, processing, controlling, privacy and/or security of Personal Information.

  • Request means the Client's order to the Company to obtain a quote. Such a request shall not constitute an obligation to make a transaction.