Examples of Fund Guarantors in a sentence
Notwithstanding the foregoing, Fund Guarantors shall be jointly and severally liable to the Lenders for all representations, warranties, covenants, obligations and indemnities of the Qualified Borrowers, including, without limitation, the Fund Guaranteed Obligations, and Administrative Agent and the Lenders may at their option enforce the entire amount of the Fund Guaranteed Obligations against any one or more Fund Guarantors.
Any failure or inability of Administrative Agent to enforce one or more Fund Guarantor’s obligations shall not in any way limit Administrative Agent’s right to enforce the obligations of the other Fund Guarantors.
Administrative Agent (on behalf of the Lenders) may exercise remedies against each Fund Guarantor and its property separately, whether or not Administrative Agent exercises remedies against the other Fund Guarantors or their properties.
The Borrower shall promptly give notice to the Fund Guarantors of any default or event of default under the Revolving Credit Loan Documentation upon a Financial Officer of Borrower obtaining knowledge thereof.
The rights and remedies of the Collateral Agent hereunder and of the Collateral Agent and the Fund Guarantors under the other Reimbursement Documents are cumulative and are not exclusive of any rights or remedies that they would otherwise have.
The Borrower also agrees promptly to notify the Fund Guarantors if any material portion of the Collateral is damaged or destroyed.
The Borrower covenants and agrees with the Fund Guarantors that its obligations under this Agreement shall be secured under the Security Documents for so long as the Guaranty is in force.
Ka hoki mai ngā kōrero ki te ao tūroa nei, ki ngā mahuetanga iho o rātou mā – Mauri Ora ki a tātou.It is again my pleasure, as Chair of this Board and on behalf of all Trustees, to report to this Annual General Meeting ofTe Rūnanga ā Iwi o Ngāpuhi [the Rūnanga] on its governance activities for the period 1 July 2018 to 30 June 2019.
The Fund Guarantors shall hold any such cash collateral for, and may apply such cash collateral to, the payment and performance of the obligations of the Borrower under this Agreement.
The Borrower has agreed, upon the terms specified in the Reimbursement Agreement, to reimburse the Fund Guarantors for any and all amounts paid by the Fund Guarantors under the Guaranty.