Entry into Letter of Undertaking. We have been further advised by the Owner that one of the conditions to the advance of the Loan is that we enter into this Letter of Undertaking in favour of the Security Trustee in respect of the Ship.
Entry into Letter of Undertaking Sample Clauses
Related to Entry into Letter of Undertaking
Form of Undertaking Any written undertaking by the Indemnitee to repay any Expense Advances hereunder shall be unsecured and no interest shall be charged thereon.
Copies of policies; letters of undertaking Each Borrower shall ensure that all approved brokers provide the Security Trustee with pro forma copies of all policies relating to the obligatory insurances which they are to effect or renew and of a letter or letters of undertaking in a form required by the Security Trustee and including undertakings by the approved brokers that:
Memorandum of Understanding This Memorandum of Understanding (the “MOU”) is made by and between; SiTime Corporation, a company incorporated under the laws of the State of California, USA and having its principal place of business at 000 Xxxxxxx Xxxxxx Xxxxxxxxx, XX 00000 U.S.A, (hereinafter referred to as “SiTime”); and MegaChips Corporation, a company incorporated under the laws of Japan and having its principal place of business at Shin-Osaka Hankyu Building, 0-0-0 Xxxxxxxx, Xxxxxxxx-xx, Xxxxx, 000-0000 Xxxxx (hereinafter referred to as “MegaChips”); in relation to the Distribution Agreement entered into as of April 1st, 2015 by and between SiTime and MegaChips (the “Agreement”).
Authorization of Underwriting Agreement This Agreement has been duly authorized, executed and delivered by the Company.
Nature of Undertakings The undertakings given by you under this letter are given to us and (without implying any fiduciary obligations on our part) are also given for the benefit of the Borrower and each other member of the Group.
Letter of Intent Quantity discounts also apply under a Letter of Intent as described in the Funds’ current prospectus.
Confirmation of Agreement Except as amended hereby, the Custody Agreement is in full force and effect and as so amended is hereby ratified, approved and confirmed by the Customer and the Bank in all respects.
Transitional Services Agreement Seller shall have executed and delivered the Transitional Services Agreement.
Letter Agreement The Company shall have entered into the Letter Agreement on terms satisfactory to the Company.
Services Agreement The Company has entered into the Services Agreement with the Sponsor pursuant to which the Sponsor will make available to the Company general and administrative services including office space, utilities and secretarial support for the Company’s use for $10,000 per month, subject to adjustment as provided for in the Services Agreement. Prior to the consummation of a Business Combination, the Company shall not enter into any other arrangement for the provision of such services with any Insider that will require the Company to pay in excess of $10,000 per month for such services.
