The expressions prior payment in full," "payment in full," "paid in full" and any other similar terms or phrases when used herein with respect to the Senior Obligations shall mean the payment in full, in immediately available funds, of all of the Senior Obligations.
The expressions prior payment in full," "payment in full" and "paid in full" and any other similar term or phrase when used in this Article Fifteen with respect to Senior Debt shall mean in the case of Senior Debt consisting of contingent obligations in respect of letters of credit (or local guaranties, as applicable), bankers' acceptances, interest rate protection agreements or currency exchange or purchase agreements, the setting apart of cash or other payment acceptable to holders of such Senior Debt sufficient to discharge such portion of Senior Debt in an account for the exclusive benefit of the holders thereof, in which account such holders shall be granted by the Company a first priority perfected security interest, which first priority perfected security interest shall have been retained by the holders of Senior Debt for a period of time in excess of all applicable preference or other similar periods, if any, under applicable bankruptcy, insolvency or creditors' rights laws.
The expressions the Purchaser", "the Company" and "the Seller" shall, where the context permits, include their respective successors and permitted assigns.
Examples of The expressions in a sentence
The expressions “holding company” and “subsidiary” have the meanings given to them in the Companies Ordinance (Chapter 622 of the Laws of Hong Kong).
The expressions “holding company” and “subsidiary” have the meanings given to them in the Companies Ordinance (Cap.
The expressions “Bank” and “Licensee” hereinbefore used shall include their respective successors and assigns.
The expressions in quotation marks are the waiver names to be used to designate these waiver forms in the MBES/CBES system.
The expressions “the Purchaser”, “the Bank” and “the Supplier” herein before used shall include their respective successors and assigns.In witness whereof I/We of the bank have signed and sealed this guarantee on the day of (Month & Year) being herewith duly authorized.
More Definitions of The expressions
The expressions prior payment in full," "payment in full" and "paid in full" and any other similar term or phrase when used in this Article 9 with respect to Senior Indebtedness shall mean the payment in full of such Senior Indebtedness in cash or provision for such payment in cash or otherwise in a manner satisfactory to the holders of the Senior Indebtedness. This Article 9 shall constitute a continuing offer to all persons who, in reliance upon such provisions, become holders of, or continue to hold, Senior Indebtedness, and such provisions are made for the benefit of the holders of Senior Indebtedness, and such holders are made obligees hereunder and they and/or each of them may enforce such provisions to the extent and in the manner provided herein.
The expressions the Landlord" and "the Tenant" shall wherever the context so admits include their respective successors in title and assigns.
The expressions the Company", "the Seller" and "the Purchaser" shall, where the context permits, include their respective successors, personal representatives and assigns.
The expressions prior payment in full", "payment in full", "paid in full" or any other similar term(s) or phrase(s) when used herein with respect to the Senior Obligation Documents shall mean the payment in full, in cash or other property satisfactory to the Lenders, of all of the Senior Obligations.
The expressions. Bank" and "Customer" when used herein shall include any successor of the Bank or the Customer, as applicable, and "successor" means an assignee or successor of JPMorgan Chase Bank, N.A., or of the CurrencyShares British Pound Trust, as applicable, or any person who, under the laws of its jurisdiction of incorporation or domicile, has assumed the rights and obligations of JPMorgan Chase Bank, N.A., or of the CurrencyShares British Pound Trust, as applicable, hereunder or to which under such laws the same have been transferred.
The expressions the Company" and "CAIH" shall, where the context permits, include their respective successors, and permitted assigns.
The expressions. Agent", "First Union", " First Union (London)", "Tranche B Lender", "Account Bank", "Bank", "Borrxxxx" xxx "Xxxxxxx" xxxxe the context admits include their respective transferees, substitutes, successors and assigns whether immediate or derivative.