Novation Certificate definition

Novation Certificate has the meaning given to it in Clause 26.3(a)(i) (Procedure for novations).

Novation Certificate has the meaning given to it in Clause 27.3 (Procedure for novations).

Novation Certificate means a novation certificate in substantially the form set out in Part B of Schedule 11 (Transfers and Accession).

Examples of Novation Certificate in a sentence

• The terms of Section 13(b) of the 1992 ISDA Master Agreement shall apply to this Novation Certificate with references in such Section to "this Agreement" being deemed references to this Novation Certificate alone.

• This Novation Certificate may be executed in any number of counterparts, each of which when executed and delivered shall be an original, but all the counterparts shall constitute one and the same instrument.

• The Parent shall pay and within five Business Days of demand indemnify each Finance Party against any liability it incurs in respect of any stamp, registration and similar tax which is or becomes payable in the U.K. or the jurisdiction of the place of incorporation of any Borrower directly attributable to the entry into, performance or enforcement of this Agreement (other than a Novation Certificate).

• The Company shall pay and within 5 Business Days of demand indemnify each Finance Party against any liability it incurs in respect of any stamp, registration and similar tax which is or becomes payable in connection with the entry into, performance or enforcement of any Finance Document (other than the entry into of a Novation Certificate), including any liability which results from any failure to pay or any delay in paying such tax.

• The Parent shall pay and forthwith on demand indemnify each Finance Party against any liability it incurs in respect of any stamp, registration or similar tax which is or becomes payable in connection with the entry into, performance or enforcement of any Finance Document other than a Novation Certificate or any document signed or otherwise entered into pursuant to Clauses 26.2 (Transfers by Banks), 26.3 (Procedure for novations) and Clause 26.10 (Affiliates of Banks).

More Definitions of Novation Certificate

Novation Certificate means a duly completed certificate, substantially in the form of Schedule 5 (Form of Novation Certificate).

Novation Certificate means a certificate, substantially in the form of Appendix A (Form of Novation Certificate).

Novation Certificate has the meaning given to it in Clause 28.3(a)(i) (Procedure for novations). -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- "Obligor" means the Parent and each Borrower.

Novation Certificate means a certificate substantially in the form of Schedule 2;

Novation Certificate has the meaning given to it in Clause 26.4(a)(i) (Procedure for novations). “Obligor” means each Borrower and each Guarantor.

Novation Certificate means a certificate substantially in the form set out at Schedule 8.

Novation Certificate means a certificate to effect a novation of the Funding 1 Liquidity Facility under the Funding 1 Liquidity Facility Agreement, substantially in the form set out in SCHEDULE 4 to the Funding 1 Liquidity Facility Agreement;