Binding Nature of the Agreement. The provisions of this Agreement shall enure to the benefit of and shall be binding upon the parties hereto and their respective heirs, legal personal representatives, successors and assigns.
Binding Nature of the Agreement. 35.1 This Agreement shall be continuous and enforceable irrespective of any change at any time in the staff or structure of the Company for any reason and shall be valid to the benefit of the Company (including any company that may undertake its business in any way or may result from its reorganization or merger) and shall also be valid to the benefit of any purchaser of the undertaking of the Company.
Binding Nature of the Agreement. The provisions of this Agreement shall enure to the benefit of and shall be binding upon the parties hereto and their respective heirs, legal personal representatives, successors and permitted assigns. This agreement may not be assigned by the [Shareholder] and the Vendors without the prior written consent of Molson and Coors.
Binding Nature of the Agreement. This Loan Agreement is of mandatory compliance by BANCOLOMBIA and the DEBTOR. In evidence of the above, it is signed by BANCOLOMBIA and the DEBTOR as of the twenty sixth (26th) day of the month of November of 2010. BANCOLOMBIA S.A. Signature: /s/ PXXXXXXX XXXXXXX GXXXXX Name: PXXXXXXX XXXXXXX GXXXXX Position: Regional Manager Legal Representative THE DEBTOR Signature: _/s/ JXXX XXXXXXX SXXXXXX XXXXXXXX Name: JXXX XXXXXXX SXXXXXX XXXXXXXX Position: General Manager Legal Representative ANNEX 1 Public Registry of the DEBTOR ANNEX 2 Form of Promissory Note to be subscribed by the DEBTOR PROMISSORY NOTE - BANCOLOMBIA S.A. BANCOLOMBIA S.A. NIT 890.903.938-8 Promissory Note No. _______________ In the amount of US$ [___,000,000.00] at a rate of LIBOR+ 3.125% Final Maturity: __ of______ of 2015 The undersigned, LEASING BOGOTA, S.A. PANAMA a Panamanian company registered under File No. 11657, roll 492, image 90, of the Panamanian Public Registry, by virtue of this promissory note commit to the payment, jointly and unconditionally to the order of BANCOLOMBIA S.A., a banking establishment with main address in Medellin, republic of Colombia or to whoever represents its rights, at its offices of Medellin or in Bogota at Cxxxx 00 Xx. 0-00 or in the Republic of Panama, at the option of the Bank, the amount of [_____________________ MILLION DOLLARS OF THE UNITED STATES OF AMERICA (US$ ___,000,000.00)], that we have received from the bank under mutual commercial title along with interest. We will pay such amount during a tenor of FIVE (5) YEARS in FOUR (4) SEMIANNUAL installments each in the amount of [_________________ dollars of the United States of America (US$____________,000.00)], in the form of principal amortization, in accordance with the amortization schedule listed below: INSTALLMENT No. DATE OF MATURITY AMOUNT US$ 1 [_________] [_____,000.00] 2 [_________] [_____,000.00] 3 [_________] [_____,000.00] 4 [_________] [_____,000.00] TOTAL USD ___,000,000.00 During the tenor we will recognize interest charges denominated in dollars of the united States of America at a rate equal to six-months Libor plus 3.125% (three point one hundred and twenty five percent) according to the definition of LIBOR incorporated in the agreement signed don 24 November 2010 by and between LEASING BOGOTA, S.A. PANAMA and BANCOLOMBIA S.A., which interest will be paid semiannually in arrears. In case of default we will pay, for each day of delay, interest charges liquidated at the rate agreed ...
Binding Nature of the Agreement. This Agreement is applicable to and binding on VCS, including its officers, agents, employees, and assigns.
Binding Nature of the Agreement. This Agreement shall be binding and inure to the benefit of BlackPoint and its successors and assigns and binding upon client and its successors and assigns.
Binding Nature of the Agreement. This Agreement and its Annexes shall be binding in relation to the regulation of the relations between the Parties vis-à-vis the subject of the Agreement. They shall take precedence over any statements made during the contractual negotiations or any differing provisions that might have arisen in the correspondence that was conducted about the conclusion of the Agreement.
Binding Nature of the Agreement. This Agreement shall be binding on the Transmission Customer upon execution of a completed Attachment 1 and the execution by both parties.
Binding Nature of the Agreement. The provisions of this Agreement shall enure to the benefit of and shall be binding upon the parties hereto and their respective heirs, legal personal representatives, successors and permitted assigns. This agreement may not be assigned by the Vendor or HoldCo without the prior written consent of Hummingbird and Parent.
Binding Nature of the Agreement. The obligations under this Agreement will be binding upon and its benefits will ensure to the benefit of the Parties and their respective successors and assignees.