Russian Security definition
Examples of Russian Security in a sentence
The Joint & Several Creditor may accept without enquiry, requisition, objection or investigation such title as any Obligor may have to the Russian Security Assets.
This Agreement and the other Finance Documents have been negotiated in English and, other than the Russian Security Agreements, executed in the English language and, notwithstanding any translation of any thereof into any other language, the English language version thereof shall govern.
In the case of any document originally issued in a language other than English (other than the Russian Security Agreements), the English language version of any such document shall, absent demonstrated error, control the meaning and interpretation of the matters set forth therein.
However, any discharge of any such obligation to one of either Russian Security Agent or the relevant Finance Party shall (without prejudice to the provisions of Clause 17.4) to the same extent, discharge the corresponding obligation owing to the other.
Nothing in the previous sentence shall, in any way, limit either Russian Security Agent's right to act in the protection or preservation of rights or to enforce any Russian Security Agreement as contemplated by the Finance Documents (or to do any act reasonably incidental to any of the foregoing).
Each Security Representative shall give prompt notice to the Principal Facilities Agent of the appointment of any delegate as aforesaid (and, in connection therewith, the Principal Russian Security Agent hereby gives notice of its appointment of IMB to perform certain of the duties and obligations of the nature contemplated by the Russian Security Agreements to which the Principal Russian Security Agent is a party).
The Russian Security Agreements shall be executed in the Russian language accompanied by a certified English translation thereof.