Examples of Bond Lender in a sentence
In case Borrower otherwise than listed in item10.1 and 10.2 neglects its obligations according to this Bond, Lender is entitled to enforcement of specific performance or to claim damages for any losses according to general rules of Danish law.
Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing Bank, except that interest accrued on and after the date of payment by any Revolving Lender or any Revenue Bond Lender, as the case may be, to reimburse an Issuing Bank shall be for the account of such Revolving Lender or Revenue Bond Lender, as applicable, to the extent of such payment.
Provided that no Event of Default has occurred and is continuing, upon Lender’s receipt of a written request from Borrower, which request shall describe in reasonable detail the circumstances giving rise to Borrower’s need to have physical possession of the Timeshare Project Payment Bond, Lender shall promptly release the Timeshare Project Payment Bond to Borrower.
The Initial Bond may be prepaid in whole or in part on any Business Day, without penalty upon 30 days’ prior written notice to the Initial Bond Lender.
Lake Restoration Bond UpdateCouncil to Select Bond Lender this Month Minerva Park Council will select at its January 11 meeting the bank that will hold the $365,000 17-year lake restoration bond.
Dated: August 12, 2005/s/ JEFFREY KATZENBERG Jeffrey Katzenberg Chief Executive OfficerKristina M.
If an Event of Default occurs while the Initial Bond is Outstanding, the Initial Bond Lender may exercise any remedy available at law or in equity and as set forth in this Master Borrowing Declaration.
This Initial Bond may be prepaid in whole or in part on any Business Day, without penalty, upon 30 days’ prior written notice to the Initial Bond Lender.
If either party incurs any expenses in connection with enforcing the Initial Bond, or if the Initial Bond Lender takes collection action under Initial Bond, the losing party shall pay to the prevailing party, on demand, the prevailing party’s reasonable costs and reasonable attorneys' fees, whether at trial, on appeal or otherwise, including any allocated costs of in-house counsel.
Co-defendants CSX and General Chemical asserted cross-claims against each other as follows: 1) CSX asserted one cross-claim based on contractual indemnification and a second based on common law indemnity, apportionment and contribution; and 2) General Chemical asserted a single cross-claim against CSX on the ground of common law indemnity, apportionment and contribution.