FURTHER ASSURANCE definition

FURTHER ASSURANCE. The parties covenant with each other that each party will from time to time sign, execute, procure, pass and do all such further documents, acts, matters, resolutions and things as shall be necessary or requisite for effecting the provisions of this agreement.
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FURTHER ASSURANCE. The Principal Borrower shall do all such things (and shall procure that the Obligors shall do all such things within its or their control) as the Agent (or any receiver or similar insolvency official in the relevant jurisdiction) may reasonably request from time to time to perfect or remedy any defects in the Transaction Documents as has rendered any of the same ineffective invalid or unenforceable or otherwise to make the Transaction Documents effective valid and enforceable and the Principal Borrower and/or the Obligors concerned shall meet all reasonable costs incurred in connection with the same save insofar as such costs have been necessitated solely by reason of the negligence of any of the Agent, the Security Trustee or any of the Senior Lenders or their respective advisers.
Sample 1
FURTHER ASSURANCE. Each party shall (at its own expense) promptly execute and deliver all such documents, and take all such actions, or procure the execution and delivery of all documents and taking of all such actions, as are required to give full effect to this Guarantee.
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Examples of FURTHER ASSURANCE in a sentence

  • FURTHER ASSURANCE THE Assignor shall, at the request and cost of the Assignee, perform (or procure the performance of) all further acts and things, and execute and deliver (or procure the execution and delivery of) all further documents which the Assignee reasonably considers necessary to give full effect to this Assignment or to vest in the Assignee the full benefit of the Assigned Rights including registration of the Assignee as applicant or proprietor of the Assigned Rights.

  • FURTHER ASSURANCE You agree to execute such further documents and to take such further steps as we may reasonably require to perfect our security interest over and obtain legal title to the Secured Obligations.

  • ARTICLE 14 : FURTHER ASSURANCE The Contractor agree that it shall, from time to time, do and perform such other and further acts or things and execute and deliver any/ all such other and further agreements and instructions as may be required or reasonably requested by PIA to established, maintain and protect its right and remedies under this Agreement.

  • FURTHER ASSURANCE .......................................................

  • MEMORANDUM AND BYE-LAWS AND FURTHER ASSURANCE..........................

  • AGENT MAY NOT REQUIRE ANY LOAN PARTY TO TAKE ANY ACTION WITH RESPECT TO THE CREATION, PERFECTION OR PRIORITY OF ITS LIEN, WHETHER PURSUANT TO THE EXPRESS TERMS HEREOF OR OF ANY OTHER LOAN DOCUMENT OR PURSUANT TO THE FURTHER ASSURANCE PROVISIONS HEREOF OR ANY OTHER LOAN DOCUMENT, TO THE EXTENT THAT SUCH ACTION WOULD BE VIOLATIVE OF THE INTERCREDITOR AGREEMENT, OR SUCH LOAN PARTY’S OBLIGATIONS UNDER THE FIXED ASSET FACILITY.

  • FURTHER ASSURANCE...................................................

  • AMENDMENTS AND MODIFICATIONS; FURTHER ASSURANCE: The parties agree that any amendments or modifications to this Agreement shall be deemed null and void unless such amendments and modifications are in writing and signed by both parties.

  • FURTHER ASSURANCE :Each of the parties hereto shall cooperate with the others and execute and deliver to the other such instruments and documents and take such other actions as may be reasonably requested from time to time in order to carry out , give effect to and confirm their rights and intended purpose of this Agreement.

  • FURTHER ASSURANCE AND PERFECTION 19 5.1 General Assurance 19 5.2 Legal Mortgage 19 5.3 Additional Documents 20 5.4 Real Property: Delivery of Documents of Title 20 5.5 Land Registration 20 5.6 Note of Debenture 20 5.7 Further Advances 21 5.8 Register of Trade Marks 21 5.9 Retention of Documents 21 5.10 Power to Remedy 21 6.

Related to FURTHER ASSURANCE

  • Financial Assurances means the financial assurances provided by the Shipper and accepted by the Carrier in accordance with Rule 21.

  • Reasonable assurance means a high degree of confidence that submitted data and statements are valid.

  • Financial assurance means a commitment of funds or resources by an operator to a regulatory authority that satisfies the requirements in s. 14 and is sufficient to pay for reclamation activities required by this chapter.

  • Performance Assurance means collateral in the form of cash or letters of credit, or other security acceptable to the requesting Party.

  • Reassurance means to offer an individual encouragement and support.

  • Federal Assurances means Standard Form 424B (for non-construction projects) or Standard Form 424D (for construction projects) in Attachment B, attached hereto and incorporated herein for all purposes.

  • Adequate Assurance has the meaning given in clause 21.3(a).

  • Legal Opinions has the meaning given to that term in subsection 6.1(k)(ii) hereto;

  • Additional Documents has the meaning specified therefor in Section 5.12 of the Agreement.

  • Provider of financial assurance means an entity that provides financial assurance to an Owner or Operator of an underground storage tank through one of the mechanisms listed in these Regulations, including a guarantor, insurer, risk retention group, surety, issuer of a letter of credit, issuer of a state required mechanism, or a state.

  • Adequate Assurance of Performance has the meaning given to it in Section 10.3.

  • insurance undertaking means insurance undertaking as defined in point (1) of Article 13 of Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (1);

  • Guaranteed asset protection waiver means that term as defined in section 3 of the guaranteed asset protection waiver act.

  • Auto-Reinstatement Letter of Credit has the meaning specified in Section 2.03(b)(iv).

  • Assurance means any warranty, representation, statement, assurance, covenant, agreement, undertaking, indemnity, guarantee or commitment of any nature whatsoever;

  • Security Policy means the Authority’s Security Policy annexed to Schedule (Security Requirements and Plan) as updated from time to time.

  • Assignment of Insurances shall have the meaning provided in the definition of “Collateral and Guaranty Requirements”.

  • reinsurance undertaking means reinsurance undertaking as defined in point (4) of Article 13 of Directive 2009/138/EC;

  • L/C Undertaking has the meaning set forth in Section 2.12(a).

  • Financial Agreement means an agreement that meets the

  • Discharge of Obligations subject to Section 10.8, the satisfaction of the Obligations (including all such Obligations relating to Cash Management Services) by the payment in full, in cash (or, as applicable, Cash Collateralization in accordance with the terms hereof) of the principal of and interest on or other liabilities relating to each Loan and any previously provided Cash Management Services, all fees and all other expenses or amounts payable under any Loan Document (other than inchoate indemnification obligations and any other obligations which pursuant to the terms of any Loan Document specifically survive repayment of the Loans for which no claim has been made), and other Obligations under or in respect of Specified Swap Agreements and Cash Management Services, to the extent (a) no default or termination event shall have occurred and be continuing thereunder, (b) any such Obligations in respect of Specified Swap Agreements have, if required by any applicable Qualified Counterparties, been Cash Collateralized, (c) no Letter of Credit shall be outstanding (or, as applicable, each outstanding and undrawn Letter of Credit has been Cash Collateralized in accordance with the terms hereof), (d) no Obligations in respect of any Cash Management Services are outstanding (or, as applicable, all such outstanding Obligations in respect of Cash Management Services have been Cash Collateralized in accordance with the terms hereof), and (e) the aggregate Commitments of the Lenders are terminated.

  • Insurance Assignment each collateral assignment of insurance pursuant to which an Obligor assigns to Agent, for the benefit of Secured Parties, such Obligor’s rights under key-man life, business interruption or other insurance policies as Agent deems appropriate, as security for the Obligations.

  • Charter Assignment means a specific assignment of any Extended Employment Contract required to be executed hereunder by either Owner in favour of the Bank (including any notices and/or acknowledgements and/or undertakings associated therewith) in such form as the Bank may require in its sole discretion;

  • Request means the Client's order to the Company to obtain a quote. Such a request shall not constitute an obligation to make a transaction.

  • Further Governors means the Governors appointed pursuant to Article 63 ;

  • Additional Agreements means all agreements, instruments, documents and opinions other than this Loan Agreement, whether with or from Customer or any other party, which are contemplated hereby or otherwise reasonably required by MLBFS in connection herewith, or which evidence the creation, guaranty or collateralization of any of the Obligations or the granting or perfection of liens or security interests upon the Collateral or any other collateral for the Obligations.