Joint and Several Obligor definition

Joint and Several Obligor has the meaning given to such term in the preamble of this Agreement.
Joint and Several Obligor. Maxcom SF, S.A. de C.V.,
Joint and Several Obligor will have the meaning given to such term in the Preamble of this Agreement.

Examples of Joint and Several Obligor in a sentence

  • He moved to Knoxville 3 months before data collection and started to attend a regular preschool there 1 month before data collection.

  • The Site was placed on the National Priorities List in 1983, and is now part of the Phoenix-Goodyear Airport North Superfund site.

  • If a substantial portion of the assets of the Joint and Several Obligor are seized or encumbered by judicial, administrative or any other authority, provided that the seizure or encumbrance substantially and adversely affects or might come to affect the business or financial position of the Borrower or the Joint and Several Obligor and that seizure lasts for more than one hundred twenty calendar days.

  • If the Joint and Several Obligor acknowledges its inability to meet its due and payable debts or general obligations.

  • Based on the representations of the Borrower and the Joint and Several Obligor, it is prepared to extend the Credit that is the subject matter of this Agreement up to an amount equivalent to the Share (as this term is defined below) of Bancomext, pursuant to the terms and conditions stipulated in this Agreement.

  • If the Joint and Several Obligor leaves the Fiat Five Hundred Platform incomplete.

  • If the Joint and Several Obligor does not complete the construction and start-up of the Fiat Five Hundred Platform in accordance with the terms stipulated in the Project Schedule and pursuant to the provisions in this Agreement.

  • If the Joint and Several Obligor changes its principal line of business, enters into a state of dissolution or liquidation, merges with another company, spins off a substantial portion of its assets and pays dividends in violation of the provisions in this Agreement.

  • If any judicial or administrative authority issues a decision or order against the Joint and Several Obligor that adversely and substantially affects the financial position of the Joint and Several Obligor and places at risk the ability of the Joint and Several Obligor to meet its obligations pursuant to the provisions in this Agreement, and this circumstance continues for a period greater than one hundred twenty days.

  • Throughout the effective period of this Agreement and until all the amounts due and payable to the Lenders pursuant to this Agreement and the other Transaction Documentation are paid in full, the Joint and Several Obligor must refrain from the following: 1.


More Definitions of Joint and Several Obligor

Joint and Several Obligor. Paseo de las Palmas 1270 (one thousand two hundred seventy), Col. Lomas de Chapultepec, Mxxxxx Xxxxxxx, C.P. 11000 (eleven thousand), Mexico City. Attention: Mxxxxx Xxxxx Xxxxx Email: mxxxxx@xxxxxx.xxx.xx Until the BORROWER and the JOINT AND SEVERAL OBLIGOR give the LENDER notice in writing of the change of its address, any notice or notification hereunder will be made at the addresses provided herein. Additionally, the "PARTIES" agree that the notifications or notices that "LENDER" must give, as provided herein, may be given via e-mail, followed by specialized courier or personal delivery, with acknowledgment of receipt, at the address and e-mail address indicated above; provided that these are in writing and considered validly given. G E N E R A L I N F O R M A T I O N
Joint and Several Obligor means Operadora Hotelera G.I., Sociedad Anónima de Capital Variable and, as from August 24, 2023, will also include any Adhering Joint and Several Obligors.

Related to Joint and Several Obligor

  • Joint and Several means if the Tenant is more than one person or entity forming the Tenant they are jointly and equally responsible for the payment of all Rent and liabilities or any breach of the obligations specified within the Tenancy Agreement during the Tenancy or any extension, or continuation of it as a fixed term or periodic tenancy. Individually each person forming the Tenant is responsible for payment of all rent and liabilities and compensation for any breach of the Tenancy Agreement.

  • Original Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Additional Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • New Borrower means (a) each New Company that is a Company Borrower, and (b) each other Company (including a New Company) acting on behalf of, and for the account of, each Series thereof that is a New Fund.

  • Original Guarantor means the Persons identified as such in the first paragraph of this Indenture until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter each such successor Person shall be an “Original Guarantor”.

  • U.S. Guarantors means and include each U.S. Borrower (in its capacity as a guarantor under the U.S. Guaranty) and each U.S. Subsidiary Guarantor.

  • Additional Guarantor means a company which becomes an Additional Guarantor in accordance with Clause 25 (Changes to the Obligors).

  • Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 24 (Changes to the Obligors).

  • Foreign Guarantors means and includes each Foreign Borrower and each Foreign Subsidiary Guarantor.

  • Qualified ECP Guarantor means, in respect of any Swap Obligation, each Loan Party that has total assets exceeding $10,000,000 at the time the relevant Guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

  • Lender Creditors shall have the meaning provided in the recitals of this Agreement.

  • Qualified ECP Loan Party means each Borrower or Guarantor that on the Eligibility Date is (a) a corporation, partnership, proprietorship, organization, trust, or other entity other than a “commodity pool” as defined in Section 1a(10) of the CEA and CFTC regulations thereunder that has total assets exceeding $10,000,000 or (b) an Eligible Contract Participant that can cause another person to qualify as an Eligible Contract Participant on the Eligibility Date under Section 1a(18)(A)(v)(II) of the CEA by entering into or otherwise providing a “letter of credit or keepwell, support, or other agreement” for purposes of Section 1a(18)(A)(v)(II) of the CEA.

  • ualified ECP Guarantor means, at any time, each Loan Party with total assets exceeding $10,000,000 or that qualifies at such time as an “eligible contract participant” under the Commodity Exchange Act and can cause another Person to qualify as an “eligible contract participant” at such time under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

  • Initial Guarantors shall have the meaning set forth in the preamble.

  • U.S. Guarantor means a Guarantor whose jurisdiction of organisation is a state of the United States of America or the District of Columbia.

  • AND LIABILITY LIMITS State Street shall assume no responsibility for lost interest with respect to the refundable amount of any unauthorized payment order, unless State Street is notified of the unauthorized payment order within thirty (30) days of notification by State Street of the acceptance of such payment order. In no event shall State Street be liable for special, indirect or consequential damages, even if advised of the possibility of such damages and even for failure to execute a payment order.

  • Canadian Guarantors means (i) each Canadian Borrower in its capacity as a guarantor under the Canadian Borrowers/Subsidiaries Guarantee and (ii) each other Canadian Subsidiary of Silgan.

  • Swap Guarantor If so specified in the Supplement with respect to any Series, the guarantor specified as such in such Supplement.

  • Other Creditors means any Lender or any Affiliate thereof and their successors, transferees and assigns if any (even if such Lender subsequently ceases to be a Lender under this Agreement for any reason), together with such Lender’s or Affiliate’s successors, transferees and assigns, with which the Parent and/or the Borrower enters into any Interest Rate Protection Agreements or Other Hedging Agreements from time to time.

  • Guarantors means each of:

  • Parent Guarantors means the Company, Holdings I, Holdings II, Holdings III, Holdings IV and Holdings V.

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.

  • Wholly Owned Subsidiary Guarantor any Subsidiary Guarantor that is a Wholly Owned Subsidiary of the Borrower.

  • Original Borrower means, as the context requires, any of them;

  • Binder Groups mean the sub-units of a cable, usually in groups of 25, 50 or 100 color-coded twisted pairs wrapped in colored tape within a cable. "Bona Fide Request" or "BFR" shall have the meaning set forth in Section 17.

  • Limited Guarantor With respect to any Series (or Class within such Series), a Person specified in the related Supplement as providing a guarantee or insurance policy or other credit enhancement supporting the distributions in respect of such Series (or Class within such Series) as and to the extent specified in such Supplement.