Further Assurance definition
Examples of Further Assurance in a sentence
Further Assurance ...............................................................................
Upon foreclosure, the appointment of a receiver or any other relevant action, Borrower shall, at its sole cost and expense, cooperate fully and completely to effect the assignment or transfer of any license, permit, agreement or any other right necessary or useful to the operation of the Collateral, subject to the Further Assurance Standard.
Acceptance and Assumption Agreement; ------------------------------------------------------------------- Instruments of Further Assurance2.5 Bxxx of Sale, Assignment, Acceptance and ---------------------------- Assumption Agreement; Instruments of Further Assurance.
Further Assurance Each Party shall at the reasonable request of the other do or procure the doing of all such further acts, and execute or procure the valid execution of all such documents, as may from time to time be necessary in the requesting Party’s reasonable opinion to give full effect to this Agreement and to vest in the requesting Party the full benefit of the assets, rights and benefits to be transferred to the requesting Party under this Agreement.
Clauses 14 (Confidentiality), 16 (Amendments), 17 (Further Assurance), 20 (Counterparts) and 22 (Governing Law and Jurisdiction) of the Step-In Agreement shall apply to this Agreement mutatis mutandis.
Clause 1 (Further Assurance) of the Common Terms applies to this Agreement as if set out in full herein, and as if the Borrower was the Obligor (as defined therein) and the Senior Lenders, the Security Trustee and the Senior Agent were the Obligees (as defined therein).
Limitations on Assignment; Further Assurance.......................................................
The Common Terms are, for the purposes of this Agreement, amended such that paragraph 1 (Further Assurance) of the Common Terms applies to this Agreement with the Issuer being the Obligor and the Note Trustee being the Obligee.
Requirement for Further Assurance In addition to the requirement within the second recommendation to agree the rota for the MTC within 6 months, some Boards set out other areas on which they require further assurance for final unconditional approval to be confirmed.
Certain additional defined terms may be set forth elsewhere in this Agreement.