Examples of Central Undertaking in a sentence
This Banco Central Undertaking shall become effective on the date hereof for the benefit of the Fiscal Agent and each Securityholder.
The remittance obligations of Banco Central hereunder to the Fiscal Agent and to each Securityholder shall be separate and independent obligations, and the Fiscal Agent and each Securityholder shall be entitled to protect and enforce its rights against Banco Central in connection with this Banco Central Undertaking, and it shall not be necessary for any other person to be joined as an additional party in any proceedings for such purpose.
Neither the Fiscal Agent nor any Securityholder shall be responsible for any action taken or omitted by any other person in connection with this Banco Central Undertaking.
Evidence will be retained in the lender’s permanent loanloan file.
No failure by the Fiscal Agent or any Securityholder to exercise, and no delay in exercising, any right hereunder shall operate as a waiver of the same, nor shall the single or partial exercise of any such right preclude any other or further exercise of such right, all subject to the conditions and limitations established in this Banco Central Undertaking.
This Banco Central Undertaking may be executed in counterparts by Banco Central and the Fiscal Agent, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement.
The Consultant makes provision for engineering resources on site (full-time construction supervision) and head office design support (part-time head office and site).
The rights and remedies provided herein are cumulative and not exclusive of any rights and remedies provided by law, and nothing contained in this Banco Central Undertaking shall impair any of the rights of the Fiscal Agent or any Securityholder against Banco Central under applicable law, subject in each case to the terms and conditions of this Banco Central Undertaking, including without limitation those contained in Section 8.
The waiver of immunities that Banco Central makes in this Section 8 constitutes only a limited and specific waiver for the purposes of this Banco Central Undertaking, and under no circumstances shall it be interpreted as a general waiver by Banco Central or a waiver with respect to proceedings unrelated to this Banco Central Undertaking.
The cost tends to be an easily quantifiable parameter but it is important to be able to express it through relevant characteristics regarding the organization to which it is addressed.