Common use of Sxxxx’ah Principles Clause in Contracts

Sxxxx’ah Principles. For the avoidance of doubt, although it is the intention of the Tensar Parties not to enter into any Hedging Agreement or incur any indebtedness, or enter into other financing transaction that is not acceptable under Islamic Sxxxx’ah principles, all defined terms hereunder shall include all relevant transactions of the Tensar Parties, whether or not such transactions are found to be Sxxxx’ah compliant. Schedule 1, Defined Terms

Appears in 2 contracts

Samples: Working Capital Murabaha Facility Agreement (Tensar Corp), Murabaha Facility Agreement (Tensar Corp)

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Sxxxx’ah Principles. For the avoidance of doubt, although it is the intention of the Tensar Parties not to enter into any Hedging Agreement or incur any indebtedness, or enter into other financing transaction that is not acceptable under Islamic Sxxxx’ah principles, all defined terms hereunder shall include all relevant transactions of the Tensar Parties, whether or not such transactions are found to be Sxxxx’ah compliant. Schedule 1, Defined TermsTerms Tensar Holdings and Tensar jointly and severally represent and warrant to TCO and the Administrative Agent that:

Appears in 1 contract

Samples: Lease Financing and Purchase Option Agreement (Tensar Corp)

Sxxxx’ah Principles. For the avoidance of doubt, although it is the intention of the Tensar Parties not to enter into any Hedging Agreement or incur any indebtedness, or enter into other financing transaction that is not acceptable under Islamic Sxxxx’ah principles, all defined terms hereunder shall include all relevant transactions of the Tensar Parties, whether or not such transactions are found to be Sxxxx’ah compliant. Schedule 1, Defined Terms.

Appears in 1 contract

Samples: Murabaha Facility Agreement (Tensar Corp)

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Sxxxx’ah Principles. For the avoidance of doubt, although it is the intention of the Tensar Parties not to enter into any Hedging Agreement or incur any indebtedness, or enter into other financing transaction that is not acceptable under Islamic Sxxxx’ah principles, all defined terms hereunder shall include all relevant transactions of the Tensar Parties, whether or not such transactions are found to be Sxxxx’ah compliant. Schedule 1, Defined TermsTerms Tensar Holdings and Luxco jointly and severally represent and warrant to TCO and the Administrative Agent that:

Appears in 1 contract

Samples: Murabaha Facility Agreement (Tensar Corp)

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