Benefit and Enforcement. This Guarantee is given for the benefit of the Trustee and, subject to the terms and conditions set forth herein or unless otherwise provided with respect to the Securities of any series, the Holders from time to time of the Securities, all of whom shall be entitled in the same manner as set forth herein to enforce performance and observance of this Guarantee.
Benefit and Enforcement. 10.2.1 Any deviation from the Non-Financial Covenants shall require the prior approval of the Supervisory Board, including the affirmative vote of at least one of the Independent Members.
Benefit and Enforcement. 54 SECTION 10.06 Limitations on Guarantee; Release.................................................54
Benefit and Enforcement. This Partnership Guarantee is given for the benefit of the Company and the Trustee and, subject to the terms and conditions set forth herein, including Section 4.7, the Holders from time to time of the Securities, all of whom shall be entitled in the same manner as set forth herein to enforce performance and observance of this Partnership Guarantee.
Benefit and Enforcement. This Guaranty Agreement is entered into by the Guarantor for the benefit of the Authority, the Trustee and the Holders from time to time of the Series 1999 Bonds, all of whom shall be entitled in the same manner as set forth in the Indenture to enforce performance and observance of this Guaranty Agreement to the same extent as if all were parties signatory hereto.
Benefit and Enforcement. This Agreement is intended to carry out the legitimate municipal objectives of, and provide benefit to, the two municipal parties to this Agreement, and shall not be deemed to benefit or vest any rights in any other person or entity, either directly or as a third party beneficiary, and thus this Agreement and any and all of its provisions shall not serve as a basis for a third party suit for enforcement, or for any other relief at law or equity based on the enforcement or non-enforcement of this Agreement by the parties.
Benefit and Enforcement. 6.5.1 The Parties acknowledge that (i) only pursuant to mandatory Applicable Laws, and (ii) if supported by an unequivocal opinion of an outside legal counsel that non-deviation would constitute a breach of mandatory Applicable Laws, the Supervisory Board may in the interest of the Combination deviate from relevant Non-Financial Covenants if such deviation – in the reasonable opinion of the Supervisory Board – is mandated by a proper discharge of its fiduciary duties or is required to ensure compliance with Applicable Laws.
Benefit and Enforcement. This Guaranty is given for the benefit of the Trustee and, subject to the terms and conditions set forth herein, the Holders from time to time of the Securities, all of whom shall be entitled in the same manner as set forth herein to enforce performance and observance of this Guaranty.
Benefit and Enforcement. This Guaranty is given for the benefit of the Agent and each Lender, each of whom shall be entitled in the same manner as set forth herein to enforce performance and observance of this Guaranty.
Benefit and Enforcement. This Pledge and Security Agreement is entered into by the Obligor for the benefit of the Trustee, the Issuer and the Holders from time to time of the Bonds, all of whom shall be entitled in the same manner as set forth in the Indenture to enforce performance and observance of this Pledge and Security Agreement to the same extent as if all were parties signatory hereto.
