Indent 18 definition
Examples of Indent 18 in a sentence
Upon the occurrence of an Event of Default (as defined in the Indent 18 Deferred Payment Agreement), at the request of Alcatel the Guarantor shall obtain a license, consent or other permission from the Central Bank of the Russian Federation to make payments in Euros under this Deed.
Notwithstanding any payment (or attempt to make a payment) by the Company or the Guarantor to a K-type Account of a Non-Resident Bank (as defined in the Indent 18 Deferred Payment Agreement), and notwithstanding any other provision of this Deed or the Indent 18 Deferred Payment Agreement, the Guarantor shall ensure that Alcatel receives into its account in Germany an amount in Euros that is sufficient to satisfy the obligations of the Company under the Indent 18 Deferred Payment Agreement.
If, for whatever reason, Alcatel fails to receive into its account in Germany an amount in Euros that is sufficient to satisfy the obligations of the Company under the Indent 18 Deferred Payment Agreement, such failure shall constitute a default by the Guarantor under this Deed.