UK Financial Assistance Sample Clauses

UK Financial Assistance. Neither the execution, delivery or performance of any of the Loan Documents nor the incurrence of any of the Obligations by any Loan Party constitutes or will constitute unlawful financial assistance for the purposes of sections 151 to 154 (inclusive) of the United Kingdom Companies Act 1985 (as re-enacted or amended from time to time).
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UK Financial Assistance. (a) Within seventy-five (75) days after the Effective Date, the UK Borrower and Pipe shall (a) complete the financial assistance whitewash procedures under sections 155-159 of the Companies Act (the “UK Whitewash Procedures”) and (b) provide to the Administrative Agent evidence thereof which evidence shall include: (i) certified copies of an auditor’s engagement letter from Deloitte & Touche LLP in form and substance the same as referred to in Section 4.01, (ii) a certified copy of the minutes of or written resolution of each of the UK Borrower and Pipe together with copies any other board and shareholder resolutions approving and authorizing the giving of financial assistance in connection with the Transactions in compliance with the provisions of Sections 151 to 158 (inclusive) of the Companies Act, (iii) the statutory declarations made for the purpose of section 155 of the Companies Act in the prescribed form by all of the directors of each of the UK Borrower and Pipe, (iv) a certified copy of the statutory auditors’ report by Deloitte & Touche as auditors for the UK Borrower and Pipe as required under section 156(4) of the Act, (v) non-statutory auditors report in the form of FRAG 26/94 (unamended), (vi) the net assets letter (addressed to the Agents specified by the Administrative Agent) for each of the UK Borrower and Pipe in the form contained in the auditor’s engagement letter referred to at subparagraph (i) above, (vii) copies of the UK Borrower and Pipe’s register of directors and shareholders, and (ix) any other documents relating to the financial assistance procedures to be undertaken by the UK Borrower and Pipe in accordance with this Agreement or reasonably required by the Administrative Agent from the UK Borrower and/or Pipe in connection with the giving of financial assistance in connection with the Transactions (collectively, the “UK Financial Assistance Documents”); (b) Execute and deliver to the Applicable Agents a Loan Party Joinder Agreement; (c) Execute and deliver to the UK Collateral Agent the UK Security Agreements, the Charge Over Accounts and the Bond and Floating Charge; and (d) Without limiting the foregoing, the UK Borrower and Pipe will, and will cause each Subsidiary to, execute and deliver, or cause to be executed and delivered, to the Applicable Agent such documents, agreements and instruments, and will take or cause to be taken such further actions (including the filing and recording of financing statements and other docu...
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UK Financial Assistance. Each of the Parent Companies, Holdings, the US Borrower and the UK Borrower will (i) procure (to the extent it is lawful to do so) that each Subsidiary of the US Borrower transfers sufficient funds to enable the US Borrower and the UK Borrower to meet their respective payment obligations under the Credit Documents as they fall due and (ii) ensure that all payments among the US Borrower and any of its Subsidiaries (or any of them) have been and will be made in compliance with applicable local laws or regulations concerning financial assistance by a company for the acquisition of or subscription for its own shares or concerning the protection of shareholders' capital.
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UK Financial Assistance. The Borrower will ensure that all payments among the Borrower and any of its applicable Subsidiaries (or any of them) have been and will be made in compliance with applicable local laws or regulations concerning financial assistance by a company for the acquisition of or subscription for its own shares or concerning the protection of shareholders’ capital.
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UK Financial Assistance. No Obligor or the UK Subsidiary is required to follow the procedures set out in Sections 151 to 158 of the UK Companies Acx 0000 xn connection with the execution and delivery of any of the UK Transaction Documents to which it is a party and to perform its obligations thereunder.
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UK Financial Assistance. Neither the execution, delivery and performance of this Agreement (including without limitation the guarantee in Section 15) and each of the other Credit Documents and Senior Note Documents to which it is a party nor the incurrence of any obligations or liabilities (actual or contingent) thereunder by any of the UK Subsidiaries constitutes or will constitute unlawful financial assistance for the purposes of sections 151 to 158 (inclusive) of the United Kingdom Companies Act 1985 (as amended or otherwise re-enacted from time to time).
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UK Financial Assistance. Each of Holdings and the Borrower will (i) procure (to the extent that it is lawful to do so) that each Subsidiary of the Borrower transfers sufficient funds to enable the Borrower to meet its payment obligations under the Loan Documents as they fall due and (ii) ensure that all payments among the Borrower and any of its Subsidiaries (or any of them) have been and will be made in compliance with applicable local laws or regulations concerning financial assistance by a company for the acquisition of or subscription for its own shares or concerning the protection of shareholders’ capital.
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UK Financial Assistance. The UK Guarantor shall (and Borrower shall ensure that the UK Guarantor shall) comply in all respects with sections 151 to 158 (inclusive) of the United Kingdom Companies Act 1985 (as amended or otherwise re-enacted from time to time) including in relation to the execution of the Security Documents and payment of amounts due under this Agreement if the execution of the Security Documents or payment of such amounts would contravene section 151 of such Act or any equivalent legislation, except for non-compliance that could not reasonably be expected to result in a Material Adverse Effect.
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Related to UK Financial Assistance

  • OPWC Financial Assistance Subject to the terms and conditions contained herein, the OPWC hereby agrees to provide to the Recipient financial assistance not to exceed the amount as set forth in Appendix C of this Agreement for the sole and express purpose of paying or reimbursing the costs certified to the OPWC under this Agreement for the completion of the Project (the "Funds").

  • Financial Assistance Subject to the terms and conditions contained herein, the Director hereby grants to the Recipient financial assistance, as established in this section, for the sole and express purpose of paying or reimbursing the eligible costs certified to the Director under this Agreement for the completion of the Project.

  • Grant of Financial Assistance Subject to the terms and conditions contained herein, the OPWC hereby grants to the Recipient financial assistance not to exceed the amount, as set forth in Appendix C of this Agreement for the sole and express purpose of paying or reimbursing the costs certified to the OPWC under this Agreement for the completion of the Project.

  • PROVISION OF FINANCIAL ASSISTANCE As authorized by Section II of this Agreement for the sole and express purpose of financing the Project defined and described in Appendix A of this Agreement, the estimated costs of which are set forth and described in Appendix D of this Agreement, the OPWC hereby agrees to provide financial assistance, subject to the terms and conditions contained in this Agreement, from the State Capital Improvements Fund which constitutes the proceeds of the Infrastructure Bonds, in an amount not to exceed One Hundred Ninety-Nine Thousand, One Hundred Seventy-Nine Dollars ($199,179). This financial assistance shall be provided in the form of a Grant. The OPWC Grant Control No. is CJ23U.

  • Disbursement of Financial Assistance Unless a different disbursement method is specified in that line of Exhibit C, “Financial Assistance Award,” OHA will disburse the Part A awards for MHS 28 Services provided under a particular line of the Financial Assistance Award containing an “A” in column “Part ABC” to County in substantially equal monthly allotments during the period specified in that line of the Financial Assistance Award, subject to the following: i. OHA may, after 30 days (unless parties agree otherwise) written notice to County, reduce the monthly allotments based on under- used allotments identified through MOTS and other reports in accordance with the “Reporting Requirements” and “Special Reporting Requirements” sections above or applicable special conditions; ii. OHA may, upon written request of County, adjust monthly allotments; iii. Upon amendment to the Financial Assistance Award, OHA shall adjust monthly allotments as necessary, to reflect changes in the funds awarded for MHS 28 Services provided under that line of the Financial Assistance Award; iv. OHA is not obligated to provide financial assistance for any MHS 28 Services that are not properly reported in accordance with the “Reporting Requirements” and “Special Reporting Requirements” sections above or as required in an applicable Specialized Service Requirement by the date 60 calendar days after the earlier of expiration or termination of this Agreement; termination of OHA’s obligation to provide financial assistance for MHS 28 Services; or termination of County’s obligation to include the Program Area in which MHS 28 Services fall within its CMHP; and v. OHA will reduce the financial assistance awarded for MHS 28 Services delivered under a particular line of Exhibit C, “Financial Assistance Award,” containing an “A” in column “Part ABC,” by the amount received by a Provider of MHS 28 Services as payment of a portion of the cost of the Services from an Individual receiving such Services with funds awarded in that line of the Financial Assistance Award.

  • PROVISION OF FINANCIAL ASSISTANCE GRANT As authorized by Section II of this Agreement for the sole and express purpose of financing the Project defined and described in Appendix A of this Agreement, the estimated costs of which are set forth and described in Appendix D of this Agreement, the OPWC hereby agrees to provide financial assistance, subject to the terms and conditions contained in this Agreement, from the State Capital Improvements Fund which constitutes the proceeds of the Infrastructure Bonds, in an amount not to exceed Seven Hundred Forty-One Thousand, Three Hundred Seventy-Four Dollars ($741,374). This financial assistance shall be provided in the form of a Grant. The OPWC Grant Control No. is CK17V.

  • Educational Assistance Section 1. Tuition reimbursement shall be provided to employees covered by this collective bargaining AGREEMENT under the same terms and conditions, policies and procedures as the rest of Hennepin County and reflecting a county–wide pool for funding. See Hennepin County Tuition Reimbursement Policy Frequently Asked Questions Section 2. Where courses are required and certified by the appointing authority as essential to current job performance, such appointing authority shall grant 100% reimbursement for tuition, required fees and required study materials. Section 3. At the request of an employee, an Individual Development Plan shall be established. Any employee making the request shall be provided with paid time to work with their Supervisor or Human Resources to develop a training plan for career development within Hennepin County. Human Resources will be a source of career information, and postings, in which the employee may have an interest. Time allotted for this activity and the training plan adopted shall be subject to mutual agreement of the Employee and Supervisor.

  • Legal Assistance The Board shall give full support including legal and other assistance for any assault upon the employee while properly acting in the discharge of his/her duties.

  • Mutual Assistance The Parties will do all things reasonably necessary or appropriate to carry out the terms and provisions of this Agreement and to aid and assist each other in carrying out such terms and provisions.

  • Additional Assistance If you do not understand any of the foregoing Terms and Conditions or if you have any questions or comments, we invite you to contact us at any time. This means you should contact us beforehand if anything of these Terms and Conditions is unclear, unfair or unacceptable to you. Our Commitment to Security and Privacy: To prevent unauthorized access, maintain data accuracy, and ensure the correct use of information, we have put in place the appropriate and reasonable physical, electronic, and managerial procedures to safeguard and secure the information we collect online. Please see our Privacy Policy for further information.

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