Examples of Payment Direction Agreement in a sentence
In the event that Royal & Sun Alliance Insurance plc does not pay any amount when due in respect of its Guaranteed Obligations, Royal & Sun Alliance Insurance plc may elect to make payment of the unpaid Guaranteed Obligations to the Trustee in accordance with the Subscription Deed and Payment Direction Agreement in lieu of a payment by the Guarantor under this Guarantee.
Any amounts received by the Trustee from the Guarantor pursuant to the Subscription Deed and the Payment Direction Agreement will discharge, to the extent of any such receipt, the Guarantor’s obligation to pay the Guaranteed Obligations to the Trustee in accordance with this Guarantee.
Notwithstanding the above, MSCG shall at all times be bound to make payment under the Payment Direction Agreement in accordance with its terms until performance under such Payment Direction Agreement is suspended pursuant to Section 18.4.6.
Notwithstanding the above, MSCG shall at all times be bound to make payment under the Payment Direction Agreement in accordance with its terms until performance under such 44 Payment Direction Agreement is suspended pursuant to Section 18.4.6 or otherwise terminated pursuant to the terms thereof.
But on the other side of the coin, if we are to reduce Arendt’s ascendancy to the spirit of the times would also do an injustice to her powerful scintillating mind and to the sweep of her accomplishments (Berkowitz, 1999, pp.