TERG definition
Examples of TERG in a sentence
The Company has the right to inspect, or demand for such licenses, permits, authorization and certificates and the Contractor/ Consultant shall forthwith comply with such inspection on demand.
Such TERG Party has taken all necessary action to authorize the execution and delivery of this Agreement and any other agreement or document related hereto to which it is a party and the performance of its obligations hereunder and thereunder.
Therefore, the TERG Parties undertake to execute such agreements in substantially the forms attached hereto in Schedule 2.3, as applicable, and to provide all reasonable documentation, as may be requested by BB in connection with the amendments to the agreements of the Banco do Brasil Financing Liens.
The TERG Parties hereby acknowledge that BB’s consent, as set forth in Section 2.1, is subject to the execution of new agreements with respect to Banco do Brasil Financing Liens substantially in the forms attached in Schedule 2.3 attached hereto.
Renova hereby consents to the payment of its dividends for the third and fourth quarters of 2015 as described in the preceding sentence and hereby acknowledges and agrees that all such amounts shall be considered for all purposes as having been paid to Renova by Global as a dividend on the applicable shares of TERG Common Stock.
Notwithstanding the foregoing, EMYC shall not have the right to cause to be sold more than the number of shares of TERG Common Stock necessary to generate proceeds equal to the amount necessary to prepay the Debentures in full.
The form of any release of the Banco do Brasil Financing Liens shall be reasonably acceptable to the TERG Parties.
In view of this, Renova shall indemnify and hold harmless the TERG Parties from and against all Losses that exclusively arise out of or result from such redemption of Nova Renova.
If the amounts received from the sale of the shares of TERG Common Stock (including the Pledged TERG Shares) pursuant to Section 2.7 are insufficient to repay the Debentures in full, Renova agrees to provide the remaining funds necessary to repay the Debentures in full with cash (R$).
Each of the TERG Parties further acknowledges that Renova has granted to EMYC Sub and Buyer, as applicable, the powers of attorney attached as Schedule 4.3(b) hereto in connection with the relevant Reorganization, which does not discharge Renova of its obligation under the Phase I Agreements, including the completion of the Reorganization(s).