Examples of BNP Agreement in a sentence
Borrowings under the BNP Agreement are secured by assets of the Fund that are held with the Fund’s custodian in a separate account.
Neither Party shall terminate, purport to terminate, provide notice of termination or otherwise seek to terminate the BNP Agreement other than as set forth in Section 9.1 of the BNP Agreement (as amended pursuant to Section 2.4(a)).
A National Aid Policy was developed for enhancing and guiding aid coordination during budget formulation and execution.
The Fund, with the approval of its Board, including its Independent Directors, has entered into a financing package that includes the BNP Agreement that allows the Fund to borrow up to 33 1/3 of its total assets.
The term of this Agreement shall begin on the Effective Date and remain in effect until the last to occur of the following: (i) the date on which the Annual True Up Report for calendar year 2029 is provided and any corresponding payment is made pursuant to Section 3.3; (ii) the date on which the BNP Agreement is terminated as set forth in Section 2.4(b)(3); or (iii) the expiration of the last BNP Agreement Territory Wind-Down Period.
As of the Effective Date, the BNP Agreement is amended as set forth in the BNP Amendment Agreement.
The Lenders hereby expressly permit Administrative Agent to enter into the Senior Lender Subordination (as such term is defined in the BNP Agreement) in form and substance satisfactory to the Administrative Agent and any partial release of Liens granted in favor of the Administrative Agent, for the benefit of the Lenders, and encumbering the SNPI sold to BNP Paribas pursuant to the BNP Agreement.
Without limiting the foregoing, the consideration for Q-B Products supplied to QCI under the BNP Agreement and to Xxxxxxx under the Distribution Agreement, and the consideration for Quidel Antibody supplied to Xxxxxxx under the Supply Agreement, is reflected in such payments.
The Lenders hereby expressly permit Administrative Agent to enter into the Senior Lender Subordination (as such term is defined in the BNP Agreement) in form and substance satisfactory to the Administrative Agent.
Each of Xxxxxxx and QCI hereby represents and warrants to the other Party that, as of the Effective Date: (i) a true, complete and correct copy of the BNP Agreement (including all amendments thereto) is attached as Attachment 5.3; and (ii) it is currently a party to the BNP Agreement, and it has not assigned the BNP Agreement (or any of its rights or obligations thereunder) to any other Person.