Treatment Within the Same Group Sample Clauses

Treatment Within the Same Group. (2.15) As far as the public sector is concerned, multilateral and bilateral creditors enjoy different treatment within their respective groups. Negotiations with multilateral creditors are conducted on an ad hoc and individual basis. Each multilateral creditor is responsible for its own negotiation process with the debtor and has no influence over other multilateral creditors’ negotiation processes. Bilateral creditors within the Paris Club support the principle of equal treatment within the Club. All Paris Club decisions are taken based on consensus, in the form of so-called “Agreed Minutes”. Although the Agreed Minutes are not binding, they guide the future bilateral negotiations that result in changes to the debt contracts.29 In practice, driven by a mutual interest in avoiding disproportionate repayment of loans, all Paris Club members fully respect the commitments made through the Agreed Minutes.30 However, such a principle does not apply to bilateral creditors outside the Paris Club, such as China, who are responsible for their own negotiations.
Sample 1
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Related to Treatment Within the Same Group

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • NOW, THEREFORE the parties hereto agree as follows:

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Entire Agreement This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter contained in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

  • Assignment This Agreement and all rights and obligations hereunder may not be assigned without the written consent of the other party.

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

  • Definitions As used in this Agreement, the following terms shall have the following meanings:

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • Services FASC agrees to provide to the Adviser the services indicated in Exhibit A to this Agreement (the “Services”).

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