Examples of Significant Lender in a sentence
Further, in January 2013, the court dismissed as without locus standi, public interest litigation filed by an NGO (Suraz India Trust) that sought to challenge the Collegium System of appointment of superior judiciary.In July 2013, the then Chief Justice of India spoke against any attempts to change the Collegium System.However, it must be noted that there is no mention of the Collegium either in the original Above: Andhra Pradesh High Court, India.
Each Loan Party will furnish to the Collateral Agent from time to time statements and schedules further identifying and describing the Pledged Collateral of such Loan Party and such other reports in connection with such Pledged Collateral as the Collateral Agent or any Significant Lender may reasonably request, all in reasonable detail.
Each Lender hereby agrees to instruct the Collateral Agent (and the Collateral Agent agrees to follow such instructions) (x) upon the receipt by the Administrative Agent of a certificate from a Responsible Officer of the Borrower certifying, to the satisfaction of each Significant Lender, that (i) the agreements between the Borrower and each of Boeing Capital Corporation and Skywest Airlines, Inc.
Each such policy of insurance shall (a) name the Collateral Agent for the benefit of the Lenders as an additional insured thereunder as its interests may appear and (b) in the case of each business interruption and casualty insurance policy, contain a loss payable clause or endorsement, satisfactory in form and substance to Collateral Agent and each Significant Lender, that names Collateral Agent for the benefit of Lenders as the loss payee thereunder for any covered loss.
All certificates or instruments representing or evidencing Pledged Equity shall be delivered to and held by or on behalf of the Collateral Agent pursuant hereto at the request of the Collateral Agent or any Significant Lender, and shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to the Collateral Agent and each Significant Lender.
Agent may be removed at any time with or without cause by the Requisite Lenders or any Significant Lender effective upon delivery of written notice thereof to Agent.