Repeating Representation definition
Repeating Representation means each of the representations set out in Clause 18 (Representations) except Clause 18.10 (Insolvency), Clause 18.11 (No filing or stamp taxes) and Clause 18.12 (Deduction of Tax) and any representation of any Transaction Obligor made in any other Finance Document that is expressed to be a “Repeating Representation” or is otherwise expressed to be repeated.
Repeating Representation means each of the representations set out in Clause 18 (Representations) except Clause 18.36 (Insolvency), Clause 18.9 (No filing or stamp taxes) and Clause 18.10 (Deduction of Tax) and any representation of any Obligor made in any other Finance Document that is expressed to be a "Repeating Representation" or is otherwise expressed to be repeated.
Repeating Representation means each of the representations set out in Clause 18 (Representations) except Clause 18.9 (Insolvency), Clause 18.10 (No filing or stamp taxes) and Clause 18.11 (Deduction of Tax) and any representation of any Obligor made in any other Finance Document that is expressed to be a "Repeating Representation" or is otherwise expressed to be repeated. "Representative" means any delegate, agent, manager, administrator, nominee, attorney, trustee or custodian. "Requisition" means, in relation to a Ship: (a) any expropriation, confiscation, requisition (excluding a requisition for hire or use which does not involve a requisition for title) or acquisition of that Ship, whether for full consideration, a consideration less than its proper value, a nominal consideration or without any consideration, which is effected (whether de jure or de facto) by any government or official authority or by any person or persons claiming to be or to represent a government or official authority; and (b) any condemnation of that Ship by any tribunal or by any person claiming to be a tribunal; or (c) any arrest, capture or seizure of that Ship (including any hijacking or theft) by any person whatsoever. "Requisition Compensation" includes all compensation or other moneys payable to an Obligor by reason of any Requisition or any arrest or detention of a Ship in the exercise or purported exercise of any lien or claim. "Resolution Authority" means any body which has authority to exercise any Write-down and Conversion Powers. "Restricted Party" means a person: (a) that is listed on any Sanctions List or otherwise targeted by Sanctions (whether designated by name or by reason of being included in a class of person); (b) that is domiciled, registered as located or having its main place of business in, or is incorporated under the laws of, a country or territory which is, or whose government is, the target of comprehensive, country or territory-wide Sanctions Laws which attach legal effect to being domiciled, registered as located or having its main place of business in such country or broadly prohibiting dealings with such government, country, or territory; or (c) that is directly or indirectly owned or controlled by a person referred to in paragraph (a)(a) and/or (b)(b) above; or 25 EUROPE/75885978v8
Examples of Repeating Representation in a sentence
Each Repeating Representation is applied to the circumstances existing at the time the Repeating Representation is made.
Each Repeating Representation is deemed to be repeated by each Obligor on the date of each Utilisation Request, each Utilisation Date and on the first day of each Interest Period.
In each case, each Repeating Representation is made by reference to the circumstances existing at the Signature Date.
We confirm that each condition precedent under the Credit Agreement which must be satisfied on the date of this Request is so satisfied and that the Repeating Representation are true and correct with reference to the facts and circumstances now subsisting.
In each case, each Repeating Representation is applied to the circumstances existing at the date of this Agreement.
More Definitions of Repeating Representation
Repeating Representation means each of the Representations other than those set out in Clauses 19.7 (Registration requirements), 19.9 (Tax), 19.10 (No filing or stamp taxes), 19.13 (Transaction Documents), 19.17 (Indebtedness; Pari passu ranking), 19.22 (Insolvency), 19.27 (Insurances), 19.28 (No Other Business) and 19.29(a) (Ownership and Shares).
Repeating Representation means each of the representations set out in Clause 21 (Representations) except paragraph (c) of Clause 21.3 (Shares and ownership), Clause 21.10 (Insolvency), Clause 21.11 (No filing or stamp taxes), Clause 21.12 (Deduction of Tax), Clause 21.13 (No Default), paragraph (d) of Clause 21.15 (Financial Statements), Clause 21.24 (ISM and ISPS Code Compliance) and Clause 21.25 (Taxes paid) and any representation of any Transaction Obligor made in any other Finance Document that is expressed to be a “Repeating Representation” or is otherwise expressed to be repeated.
Repeating Representation means each of the representations set out in Clause 5 (Representations).
Repeating Representation means each of the representations set out in Clause 19 (Representations) except Clause 19.10 (Insolvency), Clause 19.11 (No filing or stamp taxes), Clause 19.12 (Deduction of Tax), Clause 19.17 (No proceedings pending or threatened), paragraphs (b) and (c) of Clause 19.20 (Charters), Clause 19.21 (Compliance with Environmental Laws), Clause 19.22 (No Environmental Claim), Clause 19.23 (No Environmental Incident), and Clause 19.34 (US Tax Obligor) and any representation of any Obligor made in any other Finance Document that is expressed to be a “Repeating Representation” or is otherwise expressed to be repeated.
Repeating Representation means each of the representations set out in Clause 10(a) (Representations and Warranties), except those set out in Clause 10(a)(xi), Clause 10(a)(xii), Clause 10(a)(xv), Clause 10(a)(xxxii)(A) and Clause 10(a)(xlvii); “Requisition Compensation” means any and all moneys or other compensation (other than the proceeds of Insurance) from time to time payable during the Charter Period by reason of requisition for title to, or other compulsory acquisition of, the Vessel, otherwise than by requisition of hire; “Restricted Party” means a person or persons, legal or physical: (i) that is listed on any Sanctions List; (ii) that is domiciled, resident, located or having its main place of business in, or is registered as located in or incorporated under the laws of, a country or a territory that is or whose government is subject to Sanctions which attach legal effect to being domiciled, located, having its main place of business in, registered as located in or incorporated under the laws such country or territory; (iii) with which any Relevant Party or Finance Party is prohibited from dealing with or otherwise engaging in a transaction with due to Sanctions; or (iv) that is directly or indirectly owned by more than 50% or controlled by a person(s) referred to in (i), (ii) or (iii) above; “Sanctions” means any economic or trade sanctions or restrictive measures enacted, administered, imposed or enforced by any Sanctions Authority; “Sanctions Authority” means the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), the U.S. Department of State, the United Nations Security Council, Japan, the European Union, and/or His Majesty’s Treasury or other relevant sanctions authority; “Sanctions List” means any list of persons or entities subject to Sanctions published in connection with Sanctions by or on behalf of any Sanctions Authority from time to time; “Second Early Buy-out Date” is as set forth in Schedule 8; “Second Early Buy-out Price” is as set forth in Schedule 8; “Security Assignment” has the meaning given to “General Assignment” in the Loan Agreement; “Security Documents” has the meaning given to it in the Loan Agreement; “Security Agent” ; “Security Assets” means all of the assets which from time to time are, or are expressed to be, the subject of the Transaction Security;
Repeating Representation means the representations set out in Clause 4 and any other representation which any Obligor and the Security Trustee agree is a Repeating Representation.
Repeating Representation means each of the representations set out in Clause 19 (Representations) except Clause 19.10 (Insolvency), Clause