Interim Facilities Agreement definition
Examples of Interim Facilities Agreement in a sentence
Subject to the terms of the Interim Facilities Agreement, the Pledgee may delegate to any person or persons all or any of the powers, authorities and discretion, which are exercisable by it under this Agreement provided the Pledgee shall act with due care when selecting any such person.
Any monies received by the Pledgee as a result of the enforcement of the Pledge shall be applied by the Pledgee in or towards payment of the Secured Liabilities in accordance with the terms of the Interim Facilities Agreement.
Subject to the terms of the Interim Facilities Agreement, this Agreement may be amended or waived only with the prior consent in writing of the Parties and any such amendment or waiver will be binding on the Parties.
All communication ad notices provided for under this Agreement shall be provided for in the manner described in Clause 21 (Notices) of the Interim Facilities Agreement.
The Grantor enters into this Agreement in connection with the Interim Facilities Agreement.