LGEI definition
Examples of LGEI in a sentence
This Agreement is not intended to confer upon any Person other than the parties hereto any rights or remedies, except that LGEI is hereby expressly made a third party beneficiary of this Agreement.
Such notice shall be accompanied by a brief description of the underlying transaction and upon request of the Issuing Bank or the Administrative Agent, LGEI shall provide additional details regarding the underlying transaction.
In addition, LGEI shall indemnify each U.S. Dollar Lender and the Administrative Agent for any additional withholding taxes paid by such Lender or the Administrative Agent, as the case may be, or any liability (including penalties and interest) arising therefrom or with respect thereto, whether or not such additional withholding taxes were correctly or legally asserted.
In the event LGEI or the Administrative Agent shall so determine that deduction or withholding of taxes is required, they shall advise the affected U.S. Dollar Lender as to the basis of such determination prior to actually deducting and withholding such taxes.
Unless LGEI and the Administrative Agent have received forms or other documents satisfactory to them indicating that payments hereunder or under any Note are not subject to United States withholding tax or are subject to such tax at a rate reduced by an applicable tax treaty, the Borrowers or the Administrative Agent may withhold taxes from such payments at the applicable statutory rate in the case of payments to or for any Lender organized under the laws of a jurisdiction outside the United States.
Notwithstanding any provision to the contrary in this Credit Agreement, LGEI shall not, in any notice of borrowing under this Section 2.1 request any Eurodollar Loan which, if made, would result in an aggregate of more than ten (10) separate Eurodollar Loans of any U.S. Dollar Lender being outstanding hereunder at any one time.
Upon issuance of each Letter of Credit to LGEI, the Issuing Bank shall notify the Administrative Agent of the issuance of such Letter of Credit.
Subject to Section 2.13(d), each U.S. Dollar Lender may at its option fulfill its U.S. Dollar Revolving Credit Commitment with respect to any Eurodollar Loan by causing a foreign branch or affiliate to make such U.S. Dollar Revolving Credit Loan, provided that any exercise of such option shall not affect the obligation of LGEI to repay such U.S. Dollar Revolving Credit Loan in accordance with the terms hereof and of the relevant U.S. Dollar Revolving Credit Note.
In such event the Borrowers shall prepare a U.S. Dollar Revolving Credit Note in the face amount of each such Lender's U.S. Dollar Credit Commitment, payable to the order of each such Lender, duly executed on behalf of LGEI and dated as of the date hereof.
SGF acknowledges that it may, from time to time, come into possession of material Nonpublic Information regarding LGEI and its Affiliates and that U.S. securities laws prohibit any person or entity in possession of such material Nonpublic Information from purchasing or selling securities of LGEI or any of its Affiliates.