LBSF definition
Examples of LBSF in a sentence
Party A, LBHI and LBSF have each acknowledged to and agreed with each other, and Party B hereby acknowledges, that neither LBHI nor LBSF nor any Affiliate of Party A is under any obligation whatsoever (whether express or implied) to contribute capital to Party A.
For an abundance of clarity, the foregoing representations and warranties contained in this Section 3 only reflect the best belief of the authorized signatory of LBSF.
Without duplication of amounts paid by Party A to Party B pursuant to the Agreement, in the event of the appointment of a Successor Swap Counterparty, Party A shall bear or otherwise reimburse Party B and LBSF for all reasonable costs (excluding any assignment fee or termination fee, except as otherwise contemplated by Part 5(u)(iv)(C)) associated with the actions required by Part 5(u)(iii).
LBSF and its successors and assigns shall be express third-party beneficiaries of this Agreement and shall be entitled to rely upon and directly enforce any rights granted to them hereunder.
LBSF is not making any representation or warranty that is not qualified by the best belief of such authorized signatory, and it will not be bound by or subject to liability based on any inaccuracy contained in any such list that ultimately results from such authorized signatory’s best belief being inadvertently inaccurate.
Party A and LBSF shall have the right to request a certified statement showing in reasonable detail such calculations, specifying the source of such calculations and providing copies of all material documents and information relied upon by the Calculation Agent in performing its obligations hereunder.
Party A or LBSF acting in good faith may dispute any calculation of the Calculation Agent and the parties shall use reasonable efforts to resolve any disputes concerning such calculations.
LBSF and the Issuer entered into a portfolio of credit derivative swap transactions (the “Transactions”) that were governed by a 1992 ISDA Master Agreement, dated as of October 17, 2006 (the “ISDA Master Agreement”) as amended and supplemented by a certain Schedule to ISDA Master Agreement, dated as of October 17, 2006, and those certain confirmations between LBSF and the Issuer, dated October 17, 2006 (collectively, the “Credit Default Swap Agreement”).
Exhibit B to this Schedule ("LBSF") for Party A pursuant to paragraph (a) of Part 5 of this Schedule Party A An incumbency certificate Upon execution of Yes with respect to the this Agreement.
Once LBSF has confirmation from the United States District Court Southern District of New York that the Motion to Stay has been granted, LBSF will expeditiously send the US Stay Confirmation.