Examples of Danish Guarantor in a sentence
For the purposes of this Annex D “Equity” means the equity (in Danish: egenkapital) of the Danish Guarantor calculated in accordance with applicable generally accepted accounting principles, however, adjusted if and to the extent any book value is not equal to the market value.
Notwithstanding that a Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, a Subsidiary, the U.S. Borrower shall be obligated (and in no event shall the Danish Borrower, any Danish Guarantor or any Foreign Subsidiary be obligated) to reimburse the Lender hereunder for any and all drawings under such Letter of Credit.
However, adjusted to include a statutory reserve in respect of any unpaid portion of the subscription price for shares issued by the Danish Guarantor calculated in accordance with the Danish Guarantor’s generally accepted accounting principles at the relevant time (if not already included).
These are unconditional and irrevocable Norwegian law on-demand guarantee from the Guarantors securing the Obligor’s obligations when they have become due under the Bond Agreement and any other Finance Document, including interest, cost and expenses, with payment by the Guarantor to be made within 10 Business Days of any demand, such Guarantees to be qualified as required by Danish law with respect to any Danish Guarantor.
Ri- cardo, who, at the same time, drew attention to a new problem, important from our perspective, concerning the diminishing labour demand as a result of machine application (Ricardo, 1957,p.