Examples of French Guarantor in a sentence
However, where such Subsidiary is not incorporated in France, the amounts payable by the French Guarantor under this paragraph (c) in respect of obligations of this Subsidiary as Borrower and/or Guarantor, shall be limited as set out in paragraph (b) above.
For the avoidance of doubt, any payment made by a French Guarantor under this clause (B) shall reduce the Maximum Guaranteed Amount by the amount paid.
However, where such Subsidiary is not incorporated in France, the amounts payable by the French Guarantor under this paragraph (c) in respect of obligations of this Subsidiary as a Co-Borrower and/or Guarantor, shall be limited as set out in paragraph (b) above.
The obligations and liabilities of any French Guarantor under this Indenture (including in particular this Article 10) and the Notes shall not include any obligation or liability which, if incurred, would constitute the provision of financial assistance within the meaning of article L.
Each Guarantor incorporated, organized or formed, as the case may be, in France (a “French Guarantor”), and by its acceptance hereof, each Holder, hereby confirm that the obligation and liability of such French Guarantor or its subsidiaries (a) will not include any obligation or liability which if incurred would constitute prohibited financial assistance within the meaning of Article L.