Examples of Banro Event of Default in a sentence
For certainty, and at all times, the Seller shall not, and Banro shall ensure that the Seller does not, make any Distributions other than a Permitted Distribution from such account if a Banro Event of Default, or event which with the giving of notice or the passage of time or both would constitute a Banro Event of Default, has occurred and is continuing, or if a Banro Event of Default would occur or arise immediately after, or as a result of, making a Distribution.
Banro and the Seller shall promptly notify the Purchaser regarding any matter that has or is reasonably likely to have a Material Adverse Effect or any occurrence of or circumstances that may result in a Banro Event of Default, including, for greater certainty, receipt of a notice of acceleration in respect of any indebtedness or obligations or an intention to enforce security against any of the Project Assets.
Provided there has been no Banro Event of Default that is continuing, the Purchaser may avail itself of such right of access a maximum of twice per calendar year (including the mill in respect thereof), and for this purpose, invitations from Banro will not reduce the number of visits the Purchaser may request.
Banro and the Seller shall promptly notify the Purchasers regarding any matter that has or is reasonably likely to have a Material Adverse Effect or any occurrence of or circumstances that may result in a Banro Event of Default, including, for greater certainty, receipt of a notice of acceleration in respect of any indebtedness or obligations or an intention to enforce security against any of the Project Assets.
For certainty, and at all times following the Security Trigger Event, the Seller shall not, and Banro shall ensure that the Seller does not, make any Distributions other than a Permitted Distribution from such account if a Banro Event of Default, or event which with the giving of notice or the passage of time or both would constitute a Banro Event of Default, has occurred and is continuing, or if a Banro Event of Default would occur or arise immediately after, or as a result of, making a Distribution.
Provided there has been no Banro Event of Default that is continuing, the Purchasers may avail themselves of such right of access a maximum of twice per calendar year (including the mill in respect thereof), and for this purpose, invitations from Banro will not reduce the number of visits the Purchasers may request.
Firstly, there are three main interpretations for multiculturalism: as the reality of a society being multi-ethnic; as political ideology on how to optimally organize the different groups in a society; and the state politics relating to the accommodation and assistance of different groups (Mitchell, 2017, p.
Each of the covenants of the Seller and Banro contained herein shall also constitute a covenant under the Twangiza Forward and failure to comply herewith shall constitute a Banro Event of Default as set out in the Twangiza Forward (including, for greater certainty, subject to the cure periods set out therein which provisions remain unaffected hereby).
The Contractor shall submit properly executed invoices to the County for each piece of equipment.
Each of the covenants of the Seller and Banro contained herein shall also constitute a covenant under the Namoya PSA and failure to comply herewith shall constitute a Banro Event of Default as set out in the Namoya PSA (including, for greater certainty, subject to the cure periods set out therein which provisions remain unaffected hereby).