Provision of Guarantees Sample Clauses

Provision of Guarantees. We can assist our clients with their personal and business projects by providing guarantees: - First demand guarantees; - Liability guarantees; - Rent guarantees. Provision of guarantees Guarantees less than or equal to €1,000,000 1.5% of the guarantee provided (minimum: €2.500) Guarantees above €1,000,000 0.5% of the guarantee provided 6- Cash management Banque Transatlantique Luxembourg can help you with cash management: - Contractual line of credit - Arranged overdrafts4 – personal loans - Foreign exchange spot transactions - Foreign exchange forward transactions - Sight deposit and term deposit accounts Contractual line of credit As part of the account agreement entered into with the bank, and if you hold assets with us of a value of at least one (1) million euros, we can in principle grant you an advance on dividends and/or unrealised capital gains equivalent to 10% of your assets held with us, capped at one (1) million euros(**). Contractual line of credit Interest rate (for loans in euros) 3-month Euribor+2% Interest rate calculation method 360/360 days Administrative fees No charge (**) The limit takes account of the overall commitments recorded in the client’s accounts and those of any legal entity held as to more than 25%, either directly or indirectly, by the client. Arranged overdrafts5 – personal loans Banque Transatlantique Luxembourg’s private and corporate clients have the option of taking out an overdraft. Risk fees Overdraft fees Rate applied to the difference between the account’s highest debit balance each month over the period, and the authorised balance 2.5% Extended overdraft fees Rate applied to the average negative balance for the period, if the account is in debit for over 51 consecutive or non-consecutive days during the quarter (17 days on a monthly basis) 0.6% Current account Interest rate for account in debit, authorised overdraft 3-month Euribor + margin (contact us for more information) Interest rate for account in debit, unauthorised overdraft 12% Interest rate for account in credit 0% Interest rate calculation method 360/360 days Companies Debit transaction fees 0.15% – quarterly Fee on the highest overdrawn amount in the quarter 0.20% Foreign exchange spot transactions We can facilitate management of your foreign currency assets and execute foreign exchange spot transactions for you in the main currencies, namely GBP, US and Canadian dollars, the yen, the Swiss franc, and the Norwegian krone as per the terms given below. ...
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Provision of Guarantees. 3.5.1 On or before the Effective Date, each of the Parties making up the Contractor (other than the National Company) will provide to the State and acceptable guarantee that should be, at the discretion of the Ministry, either (i) an Affiliate Company guarantee in the form stipulated in Annex D from an Affiliate Company or (ii) an irrevocable standby letter of credit from a first- class international financial institution in up to the amount of … million Dollars ($...MM), which corresponds to the minimum expenditure obligations of the Contractor under this Contract for the First Exploration Sub-Period, and which will remain valid until the Contractor has complied with this obligation of minimum expenditures. In any case, the amount of the guarantee will be reduced as a function of sums expended that are related to the work obligations carried out to the degree that they are complete. If the Parties that make up the Contractor (except the National Company) do not provide the Ministry with the guarantees demanded by the date established under this Article 3.5.1, this Contract will be considered null and void, if the Contractor does not succeed in remediating the noncompliance within thirty (30) days of being notified of it.
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Provision of Guarantees. In consideration of the Existing Guarantees provided by PetSmart, Chewy shall pay to PetSmart on a quarterly basis a recurring Guarantee Fee equal to fifty basis points (50bps) of the aggregate outstanding amount of all Existing Guarantees that are outstanding for all or any part of the calendar quarter preceding the calendar quarter in which such fee is payable.
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Provision of Guarantees. In consideration of the Second Entrusted Loan, two subsidiary companies of the Borrower, which are principally engaged in real estate development in the PRC, have agreed to provide guarantees in favour of FNES for the principal amount of the Second Entrusted Loan, i.e. RMB70 million, as well as the applicable interest, penalty and other damages (if any, when the Borrower fails to repay the Second Entrusted Loan when it falls due).
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Provision of Guarantees. We can assist our clients with their personal and business projects by providing guarantees: ‐ First demand guarantees; ‐ Liability guarantees; ‐ Rent guarantees.
Sample 1
Provision of Guarantees. In consideration of the Third Entrusted Loan, two subsidiary companies of the Borrower, which are principally engaged in real estate development in the PRC, have agreed to provide guarantees in favour of FNES for the principal amount of the Third Entrusted Loan, i.e. RMB40 million, as well as the applicable interest, penalty and other damages (if any, when the Borrower fails to repay the Third Entrusted Loan when it falls due).
Sample 1
Provision of Guarantees. The Concessionaire shall deliver to the Government at the time of execution of this Concession Agreement: a guarantee in the terms of the draft appearing in Part 2 of Schedule duly executed by the parties named therein (and the Government shall return to the Concessionaire the guarantee submitted in accordance with [the bid documents]); and a warranty in the terms of the draft appearing in Part 3 of Schedule duly executed by the Contractor; and a parent company guarantee In the terms of the draft appearing in Part 4 of Schedule duly executed by the parties named therein. The guarantee referred to In Clause 4.1.1 shall be returned to the Concessionaire on termination of the right to the Concession pursuant to Clause 2.6 (The Project and Pre-Concession Period], Clause 6 (Effect of the Bill etch Clause 7.3 (Certificate of Commencement] Clause 30 (Force Majeure], on receipt of the capital payment by the Concessionaire pursuant to Clause 9.2 (Transfer of Outstanding Debt] or on termination of the Concession pursuant to Clause 8.7.2 (Vacant Possession).
Sample 1
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Provision of Guarantees. 3.5.1 On or before the Effective Date, each of the Parties making up the Contractor (other than the National Company) will provide to the State a guarantee in the form stipulated in Annex D from an Affiliate Company in up to the amount of one million Dollars ($1MM), which corresponds to the minimum expenditure obligations of the Contractor under this Contract for the First Exploration Sub-Period, and which will remain valid until the Contractor has complied with this obligation of minimum expenditures. In any case, the amount of the guarantee will be reduced as a function of sums expended that are related to the work obligations carried out to the degree that they are complete. If the Parties that make up the Contractor (except the National Company) do not provide the Ministry with the guarantee by the date established under this Article 3.5.1, this Contract will be considered null and void, if the Contractor does not succeed in remediating the noncompliance within thirty (30) days of being notified of it.
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Related to Provision of Guarantees

  • Subordination of Guarantees ANTI-LAYERING. No Guarantor shall incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness that is subordinate or junior in right of payment to any Senior Debt of a Guarantor and senior in any respect in right of payment to any of the Guarantees. Notwithstanding the foregoing sentence, the Guarantee of each Guarantor shall be subordinated to the prior payment in full of all Senior Debt of that Guarantor (in the same manner and to the same extent that the Securities are subordinated to Senior Debt), which shall include all guarantees of Senior Debt.

  • Release of Guarantees A Guarantee by a Guarantor shall be automatically and unconditionally released and discharged, and no further action by such Guarantor, the Issuer or the Trustee is required for the release of such Guarantor’s Guarantee, upon:

  • Limitation of Guarantee The obligations of each Guarantor will be limited to the maximum amount as will, after giving effect to all other contingent and fixed liabilities of such Guarantor and after giving effect to any collections from or payments made by or on behalf of any other Guarantor in respect of the obligations of such other Guarantor under its Guarantee or pursuant to its contribution obligations under this Indenture, result in the obligations of such Guarantor under the Guarantee not constituting a fraudulent conveyance or fraudulent transfer under Federal or state law. Each Guarantor that makes a payment or distribution under a Guarantee shall be entitled to a contribution from each other Guarantor in a pro rata amount based on the Adjusted Net Assets of each Guarantor.

  • Confirmation of Guarantee The Guarantor hereby confirms and agrees that (i) the Guarantee is and shall continue to be in full force and effect and is otherwise hereby ratified and confirmed in all respects; and (ii) the Guarantee is and shall continue to be an unconditional and irrevocable guarantee of all of the Obligations (as defined in the Guarantee).

  • Execution of Guarantee To further evidence the Guarantee to the Holders, the Guarantor hereby agrees to execute a Guarantee substantially in the form of Exhibit A hereto, to be endorsed on and made a part of each Security ordered to be authenticated and delivered by the Trustee. The Guarantor hereby agrees that its Guarantee set forth in Section 2.01 shall remain in full force and effect notwithstanding any failure to endorse on each Security a Guarantee. Each such Guarantee shall be signed on behalf of the Guarantor by its Chairman of the Board, its President or one of its Vice Presidents prior to the authentication of the Security on which it is endorsed, and the delivery of such Security by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of such Guarantee on behalf of the Guarantor. Such signature upon the Guarantee may be a manual or facsimile signature of such officer and may be imprinted or otherwise reproduced on the Guarantee, and in case such officer who shall have signed the Guarantee shall cease to be such officer before the Security on which Guarantee is endorsed shall have been authenticated and delivered by the Trustee or disposed of by the Company, the Security nevertheless may be authenticated and delivered or disposed of as though the Person who signed the Guarantee had not ceased to be such officer of the Guarantor.

  • Reaffirmation of Guaranties The Credit Parties signatory hereto hereby reaffirm their Guaranties of the Obligations, taking into account the provisions of this Amendment.

  • Limitation of Guaranty Any term or provision of this Guaranty or any other Loan Document to the contrary notwithstanding, the maximum aggregate amount for which any Guarantor shall be liable hereunder shall not exceed the maximum amount for which such Guarantor can be liable without rendering this Guaranty or any other Loan Document, as it relates to such Guarantor, subject to avoidance under applicable Requirements of Law relating to fraudulent conveyance or fraudulent transfer (including the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act and Section 548 of title 11 of the United States Code or any applicable provisions of comparable Requirements of Law) (collectively, “Fraudulent Transfer Laws”). Any analysis of the provisions of this Guaranty for purposes of Fraudulent Transfer Laws shall take into account the right of contribution established in Section 2.3 and, for purposes of such analysis, give effect to any discharge of intercompany debt as a result of any payment made under the Guaranty.

  • Subordination of Guarantee The guarantee and other liabilities and obligations of the Depositor under this Agreement shall constitute unsecured obligations of the Depositor and shall rank subordinate and junior in right of payment to all Senior Indebtedness (as defined in the Indenture) of the Depositor to the extent and in the manner set forth in the Indenture with respect to the Debentures, and the provisions of Article XIII of the Indenture will apply, mutatis mutandis, to the obligations of the Depositor hereunder. The obligations of the Depositor hereunder do not constitute Senior Indebtedness (as defined in the Indenture) of the Depositor.

  • NOTATION OF GUARANTEE As set forth more fully in the Indenture, the Persons constituting Subsidiary Guarantors from time to time, in accordance with the provisions of the Indenture, irrevocably and unconditionally and jointly and severally guarantee, in accordance with Section 12.1 of the Indenture, to the Holders and to the Trustee and its successors and assigns, that (i) the principal of and interest on the 6% Securities will be paid, whether at the Stated Maturity or Interest Payment Dates, by acceleration, call for redemption or otherwise, and all other obligations of the Company to the Holders or the Trustee under the Indenture or this 6% Security will be promptly paid in full or performed, all in accordance with the terms of the Indenture and this 6% Security, and (ii) in the case of any extension of payment or renewal of this 6% Security or any of such other obligations, they will be paid in full when due or performed in accordance with the terms of such extension or renewal, whether at the Stated Maturity, as so extended, by acceleration or otherwise. Such Guarantees shall cease to apply, and shall be null and void, with respect to any such guarantor who, pursuant to Article 12 of the Indenture, is released from its Guarantees, or whose Guarantees otherwise cease to be applicable pursuant to the terms of the Indenture.

  • Releases of Guarantees (a) Notwithstanding anything to the contrary contained herein or in any other Loan Document, the Administrative Agent is hereby irrevocably authorized by each Lender (without requirement of notice to or consent of any Lender except as expressly required by Section 10.1) to take any action requested by the Borrower having the effect of releasing any guarantee obligations (i) to the extent necessary to permit consummation of any transaction not prohibited by any Loan Document or that has been consented to in accordance with Section 10.1 or (ii) under the circumstances described in paragraph (b) below.

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