SIBV definition
Examples of SIBV in a sentence
The Company will also pay all Registration Expenses in connection with any registration of Registrable Securities that is demanded by MSLEF II or SIBV pursuant to Section 2(a) but that, because of any of the reasons described in clauses (i), (ii) or (iii) of Section 2(d), is not deemed to have been effected.
SIBV, in the case of the SIBV Guarantee, hereby (i) consents to the aforementioned assignment and assumption, (ii) to the extent necessary under applicable law, confirms and repeats its obligations thereunder as if the SIBV Guarantee were repeated and incorporated herein verbatim as amended by the provisions of Section 2 hereof and expressly addressed to the Collateral Agent, and (iii) agrees to perform the SIBV Guarantee as so amended for the benefit of the Collateral Agent and the 1994 Secured Parties.
Notwithstanding anything herein to the contrary, without the prior written consent of SIBV, neither MSLEF II nor any underwriter may require the Company to, and the Company shall not, effect the listing of any Registrable Securities on the Irish Stock Exchange.
All accounting terms not otherwise defined in this Agreement shall have the meanings assigned to them in accordance with Swedish GAAP where used in relation to the Stena AB Group or the consolidated position of the Stena International Group and Dutch GAAP where used in relation to SIBV and Swiss GAAP where used in relation to SSAG (whether or not such is indicated in this Agreement).
The Company, if requested by MSLEF II or SIBV, as the case may be, or the underwriters, will enter into an agreement with the Independent Underwriter on customary terms.
In the event that the Collateral Agent shall fail to perform or observe any of the obligations assumed by it hereunder, SPI or, in the case of the SIBV Guarantee, SIBV, may proceed directly against the Collateral Agent for the enforcement thereof.
The Collateral Trustee hereby assigns to the Collateral Agent, and the Collateral Agent hereby assumes all liability with respect to and agrees to be solely responsible for, the Collateral Trustee's respective obligations to be performed or observed under each of the Fernandina Agreements as amended hereby and each of SPI, SIBV and CCA hereby releases Bankers Trust, individually and as Collateral Trustee, from all such obligations.
In the event that the Collateral Agent shall fail to perform or observe any of the obligations assumed by it hereunder, SPI or, in the case of the SIBV Guarantee, SIBV, may proceed directly against the 1998 Collateral Agent for the enforcement thereof.
The rights and obligations of the SIBV Holders shall also terminate after the SIBV Holders cease to own, in the aggregate, at least 1,000,000 shares of Common Stock (not taking into account any shares purchased after the date hereof other than shares purchased by an SIBV Holder from a Morgan Holder).
Zen may assign, delegate, novate or otherwise transfer any of its rights or obligations to a third party on prior written notice to the Franchisee provided such third party has been approved by IPC Europe and SIBV and such third party complies with the provisions of the Agreement, this Franchisee Contract and the policies of IPC Europe and Subway®.