CONNECTED PARTIES Sample Clauses

CONNECTED PARTIES. The Facility is granted on the Chargor’s representation that the Chargor’s directors, their spouses, dependents of the spouses, children, parents, brothers or sisters and their spouses are not Close Relatives of the directors, controlling shareholder, executive officers and credit officers of the Chargee. ‘Close Relatives’ shall have the meaning as defined in the Guidelines on Credit Transactions and Exposures with Connected Parties issued by BNM.
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CONNECTED PARTIES. Unless permitted by guidelines issued by any authority which has jurisdiction over the Bank:-
CONNECTED PARTIES. To enable the Owner to comply with IFSA and the BNM Guidelines on Credit Transactions and Exposures with Connected Parties (“Guidelines”), the Hirer shall declare to the Owner whether the Hirer is a connected party under the Guidelines, which includes but is not limited to, a spouse, child, parent or financial dependent of the Owner’s Director, Executive Officer or credit-approving/appraising/reviewing officer or in the case of a corporate/business-customer, includes an entity controlled by such abovementioned persons of the Owner. If at any time the Hirer becomes a connected person, the Hirer must notify the Owner immediately. The Owner reserves the right to terminate this Agreement in the event the Hirer fails to make the appropriate or correct declaration resulting in the Owner contravening the IFSA or the said Guidelines.
CONNECTED PARTIES. The Facility is granted on the Assignor/Xxxxxxxx’s representation that the Assignor/Customer’s directors, their spouses, dependents of the spouses, children, parents, brothers or sisters and their spouses are not Close Relatives of the directors, controlling shareholder, executive officers and credit officers of the Bank. ‘Close Relatives’ shall have the meaning as defined in the Guidelines on Credit Transactions and Exposures with Connected Parties issued by BNM.
CONNECTED PARTIES. To enable the Owner to comply with the Financial Services Xxx 0000 (“FSA”) and the BNM Guidelines on Credit Transactions and Exposures with Connected Parties (“Guidelines”), the Hirer shall declare to the Owner whether the Hirer is a connected party under the Guidelines, which includes but is not limited to a spouse, child, parent or financial dependant of the Owner’s Director, Executive Officer or credit-approving/appraising/reviewing officer or in the case of a corporate/business customer, includes an entity controlled by such abovementioned persons of the Owner’s. If at any time the Hirer becomes a connected person, the Hirer must notify the Owner immediately. Owner reserves the right to terminate this Agreement in the event the Hirer fails to make the appropriate or correct declaration resulting in the Owner contravening the FSA or the said Guidelines.
CONNECTED PARTIES. Except for any Intercompany Obligations and Agreements, where a Seller, Transferred Entity or Portfolio Investment is a lender in relation to a Portfolio Investment and transferred Asset, Sellers are not and were not at any relevant time “connected” (as such term is used in the United Kingdom Insolvency Act 1986 (or any similar provision in any relevant jurisdiction)) with any obligor.
CONNECTED PARTIES. The Customer further covenants that none of the directors, managers, guarantors, agents or shareholders or employees of the Customer or the spouses, parents, children of such directors, guarantors, managers, agents, shareholders or employees are directors, officers or in any way otherwise connected with MDV.
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CONNECTED PARTIES to the best of the Borrower’s knowledge and information after due and careful inquiry, the granting of the Facilities is not a related party transaction and to the best of the Borrower’s knowledge and information after due and careful inquiry:-

Related to CONNECTED PARTIES

  • Parties This Agreement shall each inure to the benefit of and be binding upon the Underwriters and the Company and their respective successors. Nothing expressed or mentioned in this Agreement is intended or shall be construed to give any person, firm or corporation, other than the Underwriters and the Company and their respective successors and the controlling persons and officers and directors referred to in Sections 6 and 7 and their heirs and legal representatives, any legal or equitable right, remedy or claim under or in respect of this Agreement or any provision herein contained. This Agreement and all conditions and provisions hereof are intended to be for the sole and exclusive benefit of the Underwriters and the Company and their respective successors, and said controlling persons and officers and directors and their heirs and legal representatives, and for the benefit of no other person, firm or corporation. No purchaser of Securities from any Underwriter shall be deemed to be a successor by reason merely of such purchase.

  • Entities If the undersigned is not an individual but an entity, the individual signing on behalf of such entity and the entity jointly and severally agree and certify that:

  • Relationship Between the Parties A Party is not by virtue of this Agreement the employee, agent or partner of the other Party and is not authorised to bind or represent the other Party.

  • Released Parties The term “Released Parties,” as used in this Release, shall mean the Company Group and any of its past or present employees, administrators, agents, officials, officers, directors, shareholders, divisions, parents, subsidiaries, successors, affiliates, general partners, limited partners, consultants, employee benefit plans (and their sponsors, fiduciaries, or administrators), insurers, accountants and attorneys.

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