Financing Mode Sample Clauses

Financing Mode. Xxxxxxxx Xxxxx transferred the subject artworks listed under each of the Artwork Financing Agreements (“Subject Artworks”) to Poly North America (the ownership of the Subject Artworks will be transferred to Poly North America from the date when Shenzhen Huaxi delivers the Subject Artworks to Poly North America) , and undertook to repurchase these Subject Artworks that had been transferred to Poly North America as agreed and pay the corresponding repurchase consideration to Poly North America as scheduled after these Subject Artworks had been transferred to Poly North America (the ownership of the Subject Artworks will be transferred to Shenzhen Huaxi from the date when Shenzhen Huaxi settles the full repurchase consideration to Poly North America) .
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Financing Mode. 1. The Asset Pool Financing mode shall include but not be limited to the acceptance of electronic bank acceptance bills, receivables chain business, digital credit voucher business, L/G business, working capital loans, and trade financing business. The specific financing mode shall be subject to the specific business contract entered into by the parties. The receivables chain and digital credit voucher business shall include but not be limited to the transfer, confirmation, or other business of receivables or digital credit vouchers that Party B or its member companies conduct with Party A through the receivables chain platform. 2. When the off-balance-sheet financing of Party B or its member company under the asset pool becomes due, but the sum of the balances in the Margin Accounts of Party B and its member company and the Asset Pool Account is insufficient to repay the financing due, Party A may provide advances for Party B or its member company to repay the financing due, with Party B or its member company bearing the interest and penalty interest accrued thereon. Party B and its member company agree to use the pledged assets in the asset pool and the asset pool margin to secure the advances, and the parties will not separately enter into a security contract.

Related to Financing Mode

  • Being Modified Drawing Number Related Part Number Customer Part Number Current Revision New Revision

  • Discharge Prior to Maturity The Indenture shall be discharged and canceled upon the payment of all of the Securities and shall be discharged except for certain obligations upon the irrevocable deposit with the Trustee of funds or U.S. Government Obligations sufficient for such payment.

  • Complete Understanding; Modification This Agreement constitutes the complete and exclusive understanding and agreement of the parties and supersedes all prior understandings and agreements, whether written or oral, with respect to the subject matter hereof. Any waiver, modification or amendment of any provision of this Agreement will be effective only if in writing and signed by the parties hereto.

  • PRIORITY RATING If so identified, this Contract is a "rated order" certified for national defense, emergency preparedness, and energy program use, and SELLER shall follow all the requirements of the Defense Priorities and Allocation System Regulation (15 C.F.R. Part 700).

  • Payment Permitted If No Default Nothing contained in this Article XII or elsewhere in this Indenture or in any of the Securities shall prevent (a) the Company, at any time, except during the pendency of the conditions described in paragraph (a) of Section 12.2 or of any Proceeding referred to in Section 12.2, from making payments at any time of principal of and any premium or interest (including any Additional Interest) on the Securities or (b) the application by the Trustee of any moneys deposited with it hereunder to the payment of or on account of the principal of and any premium or interest (including any Additional Interest) on the Securities or the retention of such payment by the Holders, if, at the time of such application by the Trustee, it did not have knowledge (in accordance with Section 12.8) that such payment would have been prohibited by the provisions of this Article XII, except as provided in Section 12.8.

  • Reference to the Effect on the Loan Documents (a) As of the date hereof, each reference in the Credit Agreement to “this Agreement,” “hereunder,” “hereof,” “herein,” or words of like import, and each reference in the other Loan Documents to the Credit Agreement (including, without limitation, by means of words like “thereunder”, “thereof” and words of like import), shall mean and be a reference to the Credit Agreement as modified hereby, and this Amendment and the Credit Agreement shall be read together and construed as a single instrument. (b) Except as expressly modified hereby, all of the terms and provisions of the Credit Agreement and all other Loan Documents are and shall remain in full force and effect and are hereby ratified and confirmed. (c) The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of the Lenders or the Administrative Agent under any of the Loan Documents, nor constitute a waiver or amendment of any other provision of any of the Loan Documents or for any purpose except as expressly set forth herein. (d) This Amendment shall be deemed a Loan Document.

  • Industry Ratings The City will only accept coverage from an insurance carrier who offers proof that it: a. Is authorized to do business in the State of Kansas; b. Carries a Best's policyholder rating of A- or better; and c. Carries at least a Class VIII financial rating; or d. Is a company mutually agreed upon by the City and Consulting Engineer/Architect.

  • Moody’s Xxxxx’x Investors Service, Inc. and its successors.

  • Debt Rating The Liquidity Provider has a short-term debt ratings of “P-1” from Xxxxx’x and “F1+” from Fitch.

  • Securing Repayment In order to secure repayment of the Fund’s obligations to the Custodian, the Fund hereby agrees that the Custodian shall have, to the maximum extent permitted by law, a continuing lien and security interest in, and right of setoff against: (a) all of the Fund’s right, title and interest in and to all Accounts in the Fund’s name and the Securities, money and other property now or hereafter held in such Accounts (including proceeds thereof) and (b) any other property at any time held by the Custodian for the Fund. In the event the Custodian has such a legally permissible continuing lien and security interest, the Custodian shall be entitled to collect from the Accounts sufficient cash for reimbursement, and if such cash is insufficient, to sell the Securities in the Accounts to the extent necessary to obtain reimbursement (but only to the extent permitted by the 1940 Act). In this regard, the Custodian shall be entitled to all the rights and remedies of a pledgee and secured creditor of a registered investment company under applicable laws, rules or regulations as then in effect.

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