Examples of Cyprus Amax Guaranty in a sentence
The consideration to ------------------------ be received by Cyprus for the transfer of Magadan to Amax Gold has been negotiated in part on the basis that Magadan will be acquired with the anticipated financing for the Project in place on the terms and conditions set forth in the EBRD Loan Agreement and the OPIC Finance Agreement and with credit support provided by Cyprus under the Cyprus Amax Guaranty, the Cyprus Support Agreement and the Reclamation Agreement.
Notwithstanding the foregoing, Buyer will not contact any party to any Cyprus Amax Guaranty or any underlying obligation prior to the Closing without the prior consent of Cyprus Amax, which consent shall not be unreasonably withheld or delayed.
All references to this, Guaranty Agreement and this Agreement in the Cyprus Amax Guaranty and all references to the Cyprus Amax Guaranty in the Security Documents, the Loan Agreements and the other Financing Agreements, and all instruments and agreements executed thereunder, shall for all purposes refer to the Cyprus Amax Guaranty as amended by this Amendment Agreement.
Cyprus and Amax Gold recognize (i) that, inasmuch as Cyprus has provided such credit support for the obligations of Omolon under the EBRD Loan Agreement and the OPIC Finance Agreement, situations may arise in which Cyprus may be obligated to make payments to the Project Lenders under the Cyprus Amax Guaranty and (ii) that Amax Gold, under certain circumstances, will be entitled to look to Cyprus to fund demands on Amax Gold or Magadan to pay the Project Lenders.
Project (including liquidity needs of the Project and progress toward Project Completion) and any circumstances regarding the Project that Amax Gold believes may lead to a demand for payment under the Cyprus Amax Guaranty or the Subordinated Loan Guaranty of Cyprus.
The Administrative Agent shall have received evidence that the appointment by Cyprus Amax of the Process Agent pursuant to Section 5.1.9 of the Amended Loan ------------- Agreement shall extend to the Cyprus Amax Guaranty and the Priority Agreement.
Upon the execution and delivery by Buyer of each agreement and certificate to be executed or delivered by Buyer at Closing pursuant to Section 2.6(b) (the “Buyer’s Closing Documents”), each of the Buyer’s Closing Documents will constitute the legal, valid and binding obligation of Buyer, enforceable against Buyer, as the case may be, in accordance with its respective terms.
Nothing in this --------------------- Article IX shall be construed as limiting in any way the liability of Omolon to pay and perform its obligations under the Financing Agreements or the right of Cyprus to be subrogated to the rights of the Project Lenders against Omolon to the extent of any payment by Cyprus to the Project Lenders of amounts under the Cyprus Amax Guaranty.
Amax Gold shall keep Cyprus informed regarding the status of the Project (including liquidity needs of the Project and progress toward Project Completion) and any circumstances regarding the Project that Amax Gold believes may lead to a demand for payment under the Cyprus Amax Guaranty.
It is another case of what Kathleen Brogan calls "the return of a past that can neither be properly remembered nor entirely forgotten" (27).