External finance Sample Clauses

External finance. 22.1.1 Unless otherwise mutually agreed, the Group shall be self-financing and the Shareholders shall not be obliged to provide any further capital to the Company either by way of subscription for Shares or loan notes or by advancing loans, providing any form of security, collateral or guarantee, or otherwise. 22.1.2 If all the Directors determine that the Company requires additional finance, the Company shall borrow the amount required from such third parties as it considers suitable (which may include arranging a facility with a bank) on the best terms reasonably available on the open market (the “Third Party Finance”). The Third Party Finance shall not confer any right on the lender to participate in the share capital of the Company unless the Shareholders agree in accordance with Clause 20.
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External finance. Save in relation to the Shareholder Loans, the Company shall be financed, so far as possible, from external sources on a non-recourse basis as far as the Shareholders are concerned, on such terms as shall be agreed from time to time by the Board and so that any Security Interest required in respect of such finance shall, if possible, be provided by the Company which shall, if necessary and if so determined by resolution of the Board, be empowered to create Security Interests for such finance.
Sample 1
External finance. The Parties agree that the Project Company may seek third party financial assistance and loans for the conduct of any part of the Project including in particular the construction of a mine and related facilities, as and when feasible and on such terms and conditions as the Board shall decide, and if such financing is obtained and the lenders so require: (a) Pertiwi shall grant to the lenders or as they direct such security over its Shares and its full entitlement to dividends from the Project Company as those lenders require, and; (b) Panther shall enter into such arrangement with those lenders to cause its rights under Clause 5.5 and 5.6'to be subordinated to the right of the lenders without constituting any default on the part of Pertiwi in relation to those rights,
Sample 1
External finance. Nothing in this agreement requires Ansell or any Ansell Subsidiary to borrow moneys from PDH or any Subsidiary of PDH. Subject to clause 7.4, any Loan may be refinanced from moneys borrowed from any bank or other financial institution.
Sample 1
External finance. The Shareholders agree and acknowledge that it is their understanding, as at the date of this Agreement, that the Company will require additional funding of up to SAR 38 million (thirty eight million Saudi Arabian Riyals) for the second phase of the Project and that, subject to their assessment of (i) the feasibility of providing additional funding by way of Shareholder contributions, and (ii) the availability of potential sources of additional finance, in each case at the time such funding is required, such additional funding may be contributed by the Shareholders by way of shareholder loan or by way of subscriptions in cash for fully paid Shares in proportion to each Shareholder’s then holding of Shares (and otherwise in accordance with the Funding Schedule).
Sample 1
External finance. 10.2.1 If the Board determines that the Company requires additional finance, it shall arrange a facility with a bank which the Shareholders consider suitable on the best terms reasonably available in the open market (the “Bank Facility”). The Bank Facility shall not confer any right on the lender to participate in the share capital of the Company or in the Business. 10.2.2 There shall be no recourse to the Shareholders in respect of the Bank Facility and the Shareholders shall not be required to provide guarantees or security in respect of the Bank Facility. 10.2.3 The Company shall use all reasonable endeavours to ensure that the terms of the Bank Facility contain no provisions which would amount to a restriction on the ability of the Company to pay the Balancing Consideration under Schedule 12 of the Contribution Agreement.
Sample 1

Related to External finance

  • EXTERNAL SERVICES The Platform may enable access to third-party services and websites and Applications (collectively and individually, "External Services"). You agree to use the External Services at your sole risk. NCR Voyix is not responsible for examining or evaluating the content or accuracy of any third-party External Services and shall not be liable for any such third-party External Services. Data displayed by any External Service, including but not limited to financial, and location information, is for general informational purposes only and is not guaranteed by NCR Voyix or its agents. You will not use the External Services in any manner that is inconsistent with the terms of this Agreement or that infringes the intellectual property rights of any third party. You agree not to use the External Services to harass, abuse, stalk, threaten or defame any person or entity, and that NCR Voyix is not responsible for any such use. External Services may not be available in all languages or in your home country and may not be appropriate or available for use in any particular location. To the extent you choose to use such External Services, you are solely responsible for compliance with any applicable laws. NCR Voyix reserves the right to change, suspend, remove, disable or impose access restrictions or limits on any External Services at any time without notice or liability to you.

  • Financial Management Government financing and accounting activities (e.g., billing and accounting, credit/charge, expense management, payroll, payment/settlement, debt collection, revenue management, internal controls, auditing, activity based management, currency translation). Asset/Material Management: Acquisition and management of Federal government assets (property/asset management, asset cataloging/identification, asset transfer/allocation/maintenance, facilities management, computers/automation management). Development and Integration: Development and integration of systems across diverse operating platforms (e.g., legacy integration, enterprise application integration, data integration, instrumentation/testing, software development). Human Capital/Workforce Management Development and Integration: Planning and supervisory operations surrounding government personnel (e.g., resource planning/allocation, skills management, workforce directory/locator, team/organization management, contingent workforce management).

  • Europe Europe refers to the following countries: Germany, Andorra, Austria, Belgium, Bulgaria, Cyprus, Croatia, Denmark, Spain, Estonia, Finland, Metropolitan France, Gibraltar, Hungary, Greece, Ireland, Italy and Islands, Liechtenstein, Latvia, Lithuania, Luxembourg, Malta, Principality of Monaco, Norway, Netherlands, Poland, Portugal, Romania, United Kingdom, Slovakia, Slovenia, Czech Republic, San Marino, Sweden and Switzerland. Illness, injury or death during covered travel. ✓ Cancellation ✓ Late arrival ✓ Interruption of stay ✓ Forgotten item ✓ Replacement vehicle The assistance services covered by this agreement can only be triggered with prior approval from MUTUAIDE ASSISTANCE. As a result, no expenditure made under the authority of the Beneficiaries may be reimbursed by MUTUAIDE ASSISTANCE. Portion of the loss left to be paid by the Insured provided for in the policy in the event of indemnity following a loss. The excess can be expressed as an amount, percentage, in days, hours, or kilometres. “Long-haul” refers to travel to countries not listed in the “Medium-haul” definition.

  • Financial Management System Subrecipient shall establish and maintain a sound financial management system, based upon generally accepted accounting principles. Contractor’s system shall provide fiscal control and accounting procedures that will include the following: i. Information pertaining to tuition rates, payments, and educational assistance payments; and

  • External Appeals For appeals of a decision that a prescription drug is not covered because it is not on our formulary, please see the Formulary Exception Process in the Prescription Drug and Diabetic Equipment and Supplies section. When filing a reconsideration or an appeal, please provide the same information listed in the Complaints section above.

  • Financial Management; Financial Reports; Audits 1. The Recipient shall ensure that a financial management system is maintained in accordance with the provisions of Section 2.07 of the Standard Conditions. 2. The Recipient shall ensure that interim unaudited financial reports for the Project are prepared and furnished to the World Bank not later than forty five (45) days after the end of each calendar quarter, covering the quarter, in form and substance satisfactory to the World Bank. 3. The Recipient shall have its Financial Statements for the Project audited in accordance with the provisions of Section 2.07(b) of the Standard Conditions. Each such audit of the Financial Statements shall cover the period of one fiscal year of the Recipient. The audited Financial Statements for each such period shall be furnished to the World Bank not later than six (6) months after the end of such period.

  • Asset Management Supplier will: i) maintain an asset inventory of all media and equipment where Accenture Data is stored. Access to such media and equipment will be restricted to authorized Personnel; ii) classify Accenture Data so that it is properly identified and access to it is appropriately restricted; iii) maintain an acceptable use policy with restrictions on printing Accenture Data and procedures for appropriately disposing of printed materials that contain Accenture Data when such data is no longer needed under the Agreement; iv) maintain an appropriate approval process whereby Supplier’s approval is required prior to its Personnel storing Accenture Data on portable devices, remotely accessing Accenture Data, or processing such data outside of Supplier facilities. If remote access is approved, Personnel will use multi-factor authentication, which may include the use of smart cards with certificates, One Time Password (OTP) tokens, and biometrics.

  • Financial Management, Financial Reports and Audits 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association not later than forty-five (45) days after the end of each calendar quarter, interim unaudited financial reports for the Project covering the quarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) fiscal year of the Recipient. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

  • Investment Company; Public Utility Holding Company Neither the Company nor any Subsidiary is an "investment company" or a company "controlled" by an "investment company" within the meaning of the Investment Company Act of 1940, as amended, or a "public utility holding company" within the meaning of the Public Utility Holding Company Act of 1935, as amended.

  • Investment Management If and to the extent requested by the Advisor, the Sub-Advisor shall, subject to the supervision of the Advisor, manage all or a portion of the investments of the Portfolio in accordance with the investment objective, policies and limitations provided in the Portfolio's Prospectus or other governing instruments, as amended from time to time, the Investment Company Act of 1940 (the "1940 Act") and rules thereunder, as amended from time to time, and such other limitations as the Trust or Advisor may impose with respect to the Portfolio by notice to the Sub-Advisor. With respect to the portion of the investments of the Portfolio under its management, the Sub-Advisor is authorized to make investment decisions on behalf of the Portfolio with regard to any stock, bond, other security or investment instrument, and to place orders for the purchase and sale of such securities through such broker-dealers as the Sub-Advisor may select. The Sub-Advisor may also be authorized, but only to the extent such duties are delegated in writing by the Advisor, to provide additional investment management services to the Portfolio, including but not limited to services such as managing foreign currency investments, purchasing and selling or writing futures and options contracts, borrowing money or lending securities on behalf of the Portfolio. All investment management and any other activities of the Sub-Advisor shall at all times be subject to the control and direction of the Advisor and the Trust's Board of Trustees.

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