Examples of Outgoing Borrower in a sentence
Notwithstanding anything to the contrary contained in this Agreement, the agreements, obligations and liabilities of the Outgoing Borrower and the Borrowers herein contained are joint and several and shall be construed accordingly.
With effect from the date of this Amendment the Outgoing Borrower is released and discharged from all liabilities, obligations, duties, claims and demands whatsoever arising out or connected with the Loan Agreement (including, without limitation, those under Section 9 of the Principal Loan Agreement).
Such arrangement shall be interlocked in the process control wherever possible.
Each of the Outgoing Borrower and the Borrowers agrees and consents to be bound by this Agreement notwithstanding that any of the other Borrowers or the Outgoing Borrower which were intended to sign or be bound may not do so or be effectually bound and notwithstanding that this Agreement may be invalid or unenforceable against the Outgoing Borrower and the Borrowers whether or not the deficiency is known to the Bank.
For the avoidance of doubt, after the Third Restatement Date the Outgoing Borrower shall have no further obligations hereunder except with respect to acting as agent for service of process as set forth in Section 10.21.
Standing Commission on Liturgy and Music, The Episcopal Church, “The Episcopal Church and the Revised Common Lectionary,” brochure, 2007.
Each of the Outgoing Borrower and the Borrowers agrees and consents to be bound by this Agreement notwithstanding that any of the other Borrowers or the Outgoing Borrower which were intended to sign or be bound may not do so or be effectually bound and notwithstanding that this Agreement may be invalid or unenforceable against the Outgoing Borrower and the Borrowers whether or not the deficiency is known to the Creditors or any of them.
ICBCIL Finance Co. Limited (the Outgoing Borrower) is a direct wholly-owned subsidiary of ICBCIL, which in turn is indirectly wholly owned by ICBC.
In order to manage the financings of its subsidiaries more efficiently, the Guarantor, the Outgoing Borrower and the Incoming Borrower are proposing to seek the consent of the Noteholders to sanction the change of borrower under the Facility Agreements (as defined in the Offering Circular dated 3 December 2014 issued by the Issuer in connection with the offering of the Notes (the Offering Circular)) from the Outgoing Borrower to the Incoming Borrower.
Classification data were obtained from medical billing data (procedure or diagnosis codes), nature of injury, cause of injury, part of body, and injury description.