Examples of Ancillary Obligations in a sentence
Bank officers also function their duty within limit of infrastructures supplied by the bank.
Ancillary Obligations means any Liquidity Facility or Financial Products Agreement designated in a Supplemental Indenture as an Ancillary Obligation for purposes of this Indenture.
The district court should also consider whether to make any provision respecting that note and if so, what.Based on the alleged misleading statements that David made to Mannhard regarding LaBarge’s security under the letter of credit on November 26, 2002, LaBarge brings a claim against First Bank for detrimental reliance22 and one for negligent misrepresentation against both First Bank and David.
In order to induce the Lenders to extend credit to the Borrowers hereunder and for other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged), the Company hereby absolutely and irrevocably and unconditionally guarantees, as a primary obligor and not merely as a surety, the payment when and as due of the Obligations of the Subsidiary Borrowers and the Specified Ancillary Obligations (collectively, the “Guaranteed Obligations”).
The Borrower waives presentment to, demand of payment from and protest to any Subsidiary of any of the Specified Ancillary Obligations, and also waives notice of acceptance of its obligations and notice of protest for nonpayment.