Guarantee Providers definition
Examples of Guarantee Providers in a sentence
AZUL Holding agrees to, within [*****] from the relevant request in this respect, reimburse TRIP Participações and its Affiliates for any payments made by the Guarantee Providers under the guarantee agreements granted by the Guarantee Providers in favor of TRIP, in the normal course of business.
In any litigation proceedings arising out of or in connection with this Agreement, the entries made in the accounts maintained by the CNMV Guarantee Providers are prima facie evidence of the matters to which they relate.
If the Offer is irrevocably refused by the CNMV or withdrawn by the Bidder, or, otherwise, after the Final Settlement Date , the Bidder shall procure that each outstanding CNMV Guarantee is cancelled and/or returned to the CNMV Guarantee Providers as soon as practicable.
For the avoidance of doubt, this Section 11.15 shall not limit the obligations of (a) the Equity Providers to the extent set forth in the Equity Commitment Letters or the Guarantee Providers to the extent set forth in the Guarantees, subject to and in accordance with the terms and conditions of each of the foregoing, or (b) the parties to the other Transaction Agreements to the extent set forth therein, subject to and in accordance with the terms and conditions thereof.
The CNMV Guarantee Providers hereby acknowledge and accept the Lenders’ indemnity granted in their favor and the loss sharing provisions set out in Sections 2.19, 2.20 and 2.21 of the Credit Agreement.
The Bidder may at any time, if it gives the CNMV Guarantee Providers not less than three (3) Business Days prior notice, cancel totally or partially the Available Commitment, provided that if there are any CNMV Offer Guarantees outstanding, such CNMV Offer Guarantees should be returned to the CNMV Guarantee Providers before any cancellation takes effect and if such return is not possible for any reason, the Bidder shall otherwise prepay or repay the outstanding amount of CNMV Offer Guarantees.
On the date hereof, the Bidder makes each of the representations and warranties set out in Section 3 (Representations and Warranties) of the Credit Agreement to the CNMV Guarantee Providers and the Bidder acknowledges that the CNMV Guarantee Providers have entered into this Agreement, inter alia, in reliance on those representations and warranties.
Except as otherwise provided in Clause 13(vi), the provisions of this Clause are solely for the benefit of the Administrative Agent and the CNMV Guarantee Providers and the Bidder shall not have rights as a third-party beneficiary of any of such provisions.
Beneficiary, Financial Agents and Guarantee Providers shall hereinafter be collectively referred to as “Parties” and, individually and indistinctly, as “Party”.
Rabobank was appointed Financial Agents’ leader (“Leader”), to represent the interests of the former before Banco Nacional de Desenvolvimento Econômico e Social — BNDES (“BNDES”), beneficiary, the Guarantee Providers (as defined in item 3 below) and third parties, with respect to the Transfer Agreement and its respective guarantees.