Examples of Recourse Agreement in a sentence
In the case that the CA and/or PI do not implement the activities (incompliance) in the approved LARAP or TS after the signing of the Recourse Agreement, IIGF Guarantee Agreement and/or PPP Agreement, either to be implemented during construction, operation and/or hand over stage, the IIGF will request the CA and/or PI to stop the construction, operation and/or handover until the corrective actions are implemented satisfactorily.
IV and First Union, and hereby agrees that such amendment shall not affect the obligations of the Company under the Recourse Agreement except as provided herein.
The other members of the Committee include Mr. Anthony D’Souza, Non-Executive Independent Director, and Mr. Asit Pal, Non-Executive Independent Director.
Pursuant to the Recourse Agreement, Petropavlovsk PLC will have the right to inject funds into the Group by shareholder loan (on normal commercial terms at the time) in order to enable the Group to make payments under the ICBC Facility Agreement or for other working capital purposes.
Company bears the credit risk, unless a Full Recourse Agreement or other form of recourse or guaranty is executed by Dealer.