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. 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.
Sample 1
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

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.


More Definitions of Further Assurance

Further Assurance. The Beneficiary shall do and execute, or arrange for the doing and executing of, each necessary act, document and thing as may be reasonably requested of them by the Nominee to implement this Deed.
Sample 1

Related to Further Assurance

  • Financial assurance means the mechanisms used to

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

  • insurance undertaking means an insurance undertaking as defined in Article 13, point (1), of Directive 2009/138/EC;

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

  • Guaranty and Security Agreement means a guaranty and security agreement, dated as of even date with this Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each of the Loan Parties to Agent.