Examples of Finance Party in a sentence
If the obligations are in different currencies, the Finance Party may convert either obligation at a market rate of exchange in its usual course of business for the purpose of the set-off.
No Finance Party is responsible for the obligations of any other Finance Party under the Finance Documents.
No Finance Party is bound to monitor or verify the application of any amount borrowed pursuant to this Agreement.
In any litigation or arbitration proceedings arising out of or in connection with a Finance Document, the entries made in the accounts maintained by a Finance Party are prima facie evidence of the matters to which they relate.
Failure by a Finance Party to perform its obligations under the Finance Documents does not affect the obligations of any other Party under the Finance Documents.