Examples of Lender Guarantees in a sentence
The Company shall require each Disbursing or Paying Agent (other than the Trustee) to agree in writing that the Disbursing or Paying Agent shall: (i) hold in trust for the benefit of the Holders or the Trustee all money held by the Disbursing or Paying Agent for the payment of the Principal of or interest on the Securities and (ii) notify the Trustee of any Default by the Company in making any such payment.
Borrower covenants and agrees that so long as the Revolving Loan Commitment remains in effect and until payment in full of all Obligations (excluding contingent Obligations not then due and payable) and termination of all Lender Guarantees, unless Xxxxxx shall otherwise give its prior written consent, Borrower shall comply with, shall cause each of its Subsidiaries to comply with and shall use its best efforts to cause Holdings to comply with, all covenants in this Section 4 applicable to such Person.
The obligations of Xxxxxx to make the initial Loans and to issue any Lender Guarantees on the Closing Date are, in addition to the conditions precedent specified in subsection 7.2, subject to the delivery of all documents listed on Schedule 7.1, all in form and substance satisfactory to Xxxxxx.
Reply: Land acquisition and resettlement implemented is in accord with the RPs approved by ADB.
The obligations of Xxxxxx to make Loans or the obligation of Xxxxxx to issue Lender Guarantees on any date ("FUNDING DATE") are subject to the further conditions precedent set forth below.
In determining the amount of outstanding Lender Guarantees, the maximum amount of any Xxxxxx guarantee to a bank issuing letters of credit on behalf of Borrower will be considered outstanding unless such bank reports daily activity to Xxxxxx showing actual outstanding letters of credit subject to Xxxxxx'x guarantee.
All agreements, representations and warranties made herein shall survive the execution and delivery of this Agreement, the making of the Loans, issuances of Lender Guarantees and the execution and delivery of the Notes.
Lender Guarantees will only be provided for letters of credit which expire within one (1) year after date of issuance and at least thirty (30) days prior to the date set forth in clause (c) of the definition of the term "EXPIRY DATE." Borrower shall give Xxxxxx five (5) Business Days prior written notice for a letter of credit.
We need a more transparent system with the involvement of the European Parliament.
Borrower covenants and agrees that so long as the Revolving Loan Commitment is in effect and until payment in full of all Obligations (excluding contingent Obligations not then due and payable) and termination of all Lender Guarantees, unless Xxxxxx shall otherwise give its prior written consent, Borrower shall comply with, shall cause each of its Subsidiaries to comply with and shall use its best efforts to cause Holdings to comply with, all covenants in this Section 3 applicable to such Person.