Examples of Cayman Guarantor in a sentence
Lombard Cayman Guarantor and its Subsidiaries, when taken as a whole, are Solvent.
Other than estimates of normal course cash expenditures included in the Annual Projections, there has not been any material deterioration in the consolidated financial condition of Lombard Cayman Guarantor and its Subsidiaries since the date of the most recent financial statements submitted to any Lender.
Failing this, the Collateral Agent may (at the expense of the Lombard Cayman Guarantor) appoint another agent for this purpose.
The Lombard Cayman Guarantor may (at its sole discretion) procure that any of its Subsidiaries (other than Dormant Companies) which are not Grantors shall accede to the provision of this Deed as an Additional Guarantor by the delivery to the Collateral Agent of a duly completed and executed accession deed together with such other documentation and evidence as the Collateral Agent shall require, acting reasonably, each in a form and substance satisfactory to it.
All consolidated financial statements for Lombard Cayman Guarantor and its Subsidiaries (including Borrower), delivered to Collateral Agent fairly present, in conformity with IFRS, in all material respects the consolidated financial condition of Borrower and its Subsidiaries and the Lombard Cayman Guarantor and its Subsidiaries, and the consolidated results of operations of Borrower and its Subsidiaries and the Lombard Cayman Guarantor and its Subsidiaries.
Borrower, Parent, the Cayman Guarantor and any other Person that is a Guarantor and that has granted a Lien or any security interest pursuant to a Security Document in favor of Agent on its assets to secure any Obligations.
Xxxxxxx Xxxxx Securities Accounts: the Securities Accounts (i) numbered 268-07M59, maintained by the Parent, (ii) numbered 268-07083, maintained by the Borrower and (iii) numbered 07162 (4236457), maintained by the Cayman Guarantor, in each case with Xxxxxxx Xxxxx & Co., Inc.
The Lenders and the Administrative Agent shall have approved and received true and correct copies of the (i) audited annual consolidated financial statements of the Borrower and each Guarantor (other than the Cayman Guarantor) for the fiscal year ended December 31, 2017; (ii) unaudited financial statements of the Cayman Guarantor for the fiscal year ended December 31, 2017 and (iii) unaudited quarterly financial statements of the Borrower and Vista for the fiscal quarter ended March 31, 2018.
If any Financial Indebtedness owing under the Japanese Distribution Agreement exceeds at any time $US2,500,000, (any such amount in excess being the “Excess”), Lombard Medical Technologies Limited will promptly, and the Lombard Cayman Guarantor shall procure that it will comply, transfer an amount equal to the Excess to the Blocked Account.
Except as may arise under the Finance Documents, none of the Parent, the Borrower, the HK Guarantor and the Cayman Guarantor has traded or incurred any liabilities or commitments (actual or contingent, present or future) other than as permitted by Clause 23.9 (Holding Companies).