Examples of Credit Support Agreements in a sentence
The Notes and the Coupons have the benefit of the Credit Support Agreements.
The Parent’s obligations under its Credit Support Agreement and the obligations of TFS under its Credit Support Agreements, rank pari passu with its direct, unconditional, unsubordinated and unsecured debt obligations.
The Credit Support Agreements do not constitute a direct or indirect guarantee by the Parent or TFS of the Notes.
If TFS and/or TMC receives such a claim from any holder of such securities, TFS and/or TMC shall indemnify, without any further action or formality, the holder against any loss or damage resulting from the failure of TFS and/or TMC to perform any of their respective obligations under the Credit Support Agreements.
If TFS and/or TMC receives such a claim from the Trustee, TFS and/or TMC shall indemnify, without any further action or formality, the holders against any loss or damage resulting from the failure of TFS and/or TMC to perform any of their respective obligations under the Credit Support Agreements.
The Notes, the Receipts and the Coupons have the benefit of the Credit Support Agreements.
Securities with respect to which a Trustee is not appointed Holders of such securities will have the right to claim directly against TFS and TMC to perform their respective obligations under the Credit Support Agreements by making a written claim together with a declaration to the effect that the holder will have recourse to the rights given under the Credit Support Agreements.
Securities with respect to which a Trustee is appointed The Trustee, Union Bank of California N.A., will have the right to claim in favour of holders of such securities directly against TFS and TMC to perform their respective obligations under the Credit Support Agreements by making a written claim together with a declaration to the effect that such holders will have recourse to the rights given under the Credit Support Agreements.
Holders of debt securities issued by TFA may have the benefit of Credit Support Agreements governed by Japanese law, one between TMC and TFS dated 14 July 2000, and the other between TFS and TFA dated 7 August 2000 (together, the "Credit Support Agreements").
For further information regarding these Credit Support Agreements, see “PART II.