Assignment of Intercompany Loans means first priority assignment of any Intercompany Loans granted to a Guarantor and/or from a Guarantor to the Issuer or another Guarantor.
Assignment of Intercompany Loans means a first priority assignment of the claims of any Guarantor or, if applicable, any Borrower or any other Affiliate, under any loan from any Guarantor or, if applicable, from any other Borrower, in favour of the Security Agent (on behalf of the Finance Parties) to be in form and substance acceptable to the Security Agent and to include a statement of subordination, whereby any Guarantor or, if applicable, any other Borrower or Affiliate, subordinates its claims against the relevant Borrower to the claims of the Finance Parties under the Finance Documents.
Assignment of Intercompany Loans means an assignment (or such similar Security under the relevant jurisdiction) on first priority of all monetary claims and other rights of the Issuer under the Intercompany Loans.
Examples of Assignment of Intercompany Loans in a sentence
The Issuer shall at all times ensure that any Intercompany Loans shall at all times be subject to an Assignment of Intercompany Loans and otherwise comply with the requirements set out herein.
More Definitions of Assignment of Intercompany Loans
Assignment of Intercompany Loans means a first priority assignment of any claims against any Borrower from any Guarantor or other Borrower, and any claims against any Guarantor from any Borrower, in favour of the Security Agent (on behalf of the Finance Parties) to be in form and substance acceptable to the Security Agent, and to include a statement of subordination, whereby the relevant creditor subordinates its claims against the relevant debtor to the claims of the Finance Parties under the Finance Documents. "Authorisations" means an authorisation, consent, approval, resolution, licence, exemption, filing, notarisation or registration. "Availability Period" means a) in respect of the Term Loan Facility: the period from and including the date of this Agreement to and including 30 June 2023, or such later date as may be agreed in writing by all the Lenders; and b) in respect of the Revolving Facility: the period from and including the date of this Agreement up to three (3) months prior to the Final Maturity Date. "Available Commitment" means, in relation to a Facility, a Xxxxxx's Commitment under the Facility minus: a) the amount of its participation in any outstanding Loans under that Facility; and b) in relation to any proposed drawdown only, the amount of its participation in any Loans that are due to be made under that Facility on or before the proposed Drawdown Date. "Bail-In Action" means the exercise of any Write-down and Conversion Powers. "Bail-In Legislation" means: a) in relation to an EEA Member Country which has implemented, or which at any time implements, Article 55 BRRD, the relevant implementing law or regulation as described in the EU Bail-In Legislation Schedule from time to time; b) in relation to the United Kingdom, the UK Bail-In Legislation; and c) in relation to any state other than such an EEA Member Country or the United Kingdom, any analogous law or regulation from time to time which requires contractual recognition of any Write- down and Conversion Powers contained in that law or regulation.
Assignment of Intercompany Loans shall have the meaning assigned thereto in Section 2.4(a).
Assignment of Intercompany Loans means pledges over Intercompany Loans. “Attachment” means each of the attachments and schedules to these Bond Terms.
Assignment of Intercompany Loans. The Amended and Restated Assignment of Intercompany Loans from each of the Intercompany Lenders (other than SCI Canada), substantially in the form of Exhibit E-1, attached hereto, as amended, restated, supplemented, waived or modified from time to time and, with respect to SCI Canada, the Quebec Assignment of Intercompany Loans.
Assignment of Intercompany Loans means a first priority assignment of any claims against the Borrower from any Guarantor, and any claims against any Guarantor from the Borrower, in favour of the Security Agent (on behalf of the Finance Parties) to be in form and substance acceptable to the Security Agent, and to include a statement of subordination, whereby the relevant creditor subordinates its claims against the relevant debtor to the claims of the Finance Parties under the Finance Documents. "Authorisations" means an authorisation, consent, approval, resolution, licence, exemption, filing, notarisation or registration. "Availability Period" means 10127241/1 5
Assignment of Intercompany Loans means an assignment of intercompany loans or pledge over receivables, pursuant to which the relevant creditor assigns its claims against a Pledged Company (in respect of intercompany indebtedness owing by such Pledged Company to such creditor) in favour of the Security Trustee.
Assignment of Intercompany Loans means the agreement dated on or about the date of this Agreement between the Parent, the Borrower, FX Energy Netherlands Partnership C.V., FX Energy Netherlands B.V. and the Security Trustee assigning the rights in respect of intercompany loans granted between members of the Group.