Examples of Holdings Guaranty in a sentence
All action on the part of the Borrowers and Holdings necessary for the valid execution, delivery and performance by the Borrowers and Holdings of this First Amendment to Credit Agreement and the Reaffirmation of Holdings Guaranty to which either of them is or is to become a party shall have been duly and eﬀectively taken, and evidence thereof satisfactory to the Administrative Agent shall have been provided.
The Administrative Agent shall have received from each of the Borrowers and Holdings an incumbency certificate, dated as of the date hereof, signed by a duly authorized officer such Person and giving the name of each individual who shall be authorized to sign, in the name and on behalf of such Person, this First Amendment to Credit Agreement and the Reaffirmation of Holdings Guaranty, to which such Person is or is to become a party.
The Administrative Agent shall have received executed copies of the Reaffirmation of Holdings Guaranty, in form and substance satisfactory to the Administrative Agent.
For our financial services universe of coverage, Stanbic IBTC Holdings, Guaranty Trust and Zenith gained by 15.8%, 1.5% and 1.3%, respectively, while the biggest decliners were FBN Holdings, Access Bank and Ecobank Transnational, which declined by 4.4%, 3.5% and 1.8%, respectively.
Without limiting the foregoing, the Administrative Agent shall have received from Holdings true copies of the resolutions adopted by its board of directors authorizing the transactions described herein and evidencing the due authorization, execution and delivery of this Amendment Agreement and the Reaffirmation of Holdings Guaranty, by Holdings for itself and as sole general partner of SALP, each certified by the secretary as of a recent date to be true and complete.