Examples of LMA Agreement in a sentence
Notwithstanding that this definition will require amendment on a case-by-case basis, the definition is suitable for use in an LMA Agreement which is governed by Irish law or in relation to an Irish obligor.
Plaintiffs filed suit on September 27, 2010, alleging, inter alia, Defendants “failed to exercise good faith and fair dealing” with respect to their duties and obligations under the LMA Agreement.
Any license, permit, consent, franchise, order, approval or authorization from, or any filing, recording or registration with, any Governmental Authority (including without limitation the FCC) necessary to the conduct of any business of the Borrower or any of its Subsidiaries or for the ownership, maintenance and operation by such Person of its Stations and other properties or to the performance by such Person of its obligations under any LMA Agreement.
Plaintiffs contend (1) Defendants’ motion to strike should be denied because it is untimely; (2) the Kinzels as individuals did not sign the LMA Agreement and never waived their right to a jury trial; (3) the Kinzels as trustees did not have the authority to waive a jury trial on behalf of the beneficiaries of the trusts; and (4) they did not knowingly and voluntarily waive their right to a jury trial.
Treasurer shall ensure the authorization of payment of any bills, as approved by the committee, for submission to the Select Board for payment.
The accounts receivable of the Stations in existence as of the date of this Agreement shall be collected pursuant to the terms and conditions of the LMA Agreement.
Plaintiffs further contend this is “importan[t]” because the Kinzels as individuals “never signed the LMA [Agreement] and never waived their constitution[al] right to a jury trial.” (Id.).
It is not clear how the Kinzels as individuals might qualify as third-party beneficiaries, as they claim they provided something of value to the signatories of the contract and do not assert the LMA Agreement was entered into directly and primarily for their benefit.
For example, the LMA Agreement for Investment Grade Borrowers includes a representation as to “no litigation” at Clause 19.13.
In part, I concluded Richard and Judith Kinzel, as individuals, are parties to the LMA Agreement through the “Other Parties” clause of that contract, and granted summary judgment in their favor on that portion of their motion.