Examples of Guarantee Commitment in a sentence
Note that the sums due by the Guarantor with respect to the Guarantee Commitment may not exceed the amounts due by CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK with respect to the Swap Transaction.
To the extent necessary, the determination and payment of sums due from the Guarantor with respect to the Guarantee Commitment are before any taxes, fees, or withheld tax or social charge due by the Unitholder with respect to the sums paid by the Guarantor under this Guarantee Commitment.
The determination and payment of the sums due from the Guarantor under the Guarantee Commitment are before any taxes, fees, or withheld tax or social charge deducted from these sums, for which the Unitholders will then be liable.
The Guarantor will then have seven (7) Business Days from the date of receipt of the aforementioned information to notify the Management Company by fax, if applicable, of its intention to terminate the Guarantee Commitment.
As from date on which the New Guarantor takes over its function or the effective date of the Event, if this date is earlier, the Guarantor shall be released from its obligations with respect to the Guarantee Commitment, after payment of the sums due with respect to any implementation of the Guarantee Commitment according to the terms and conditions provided for in Article II of the Guarantee Commitment (following unit redemption requests sent to the Management Company before this date).