Examples of Guarantor B in a sentence
Unless otherwise specified on a Series Schedule, Performance Assurances shall be permitted to be in the form of one or more of (A) a full and unconditional written guarantee from a Qualified Guarantor, (B) a Letter of Credit or (C) cash collateral (with the ability to substitute from time to time among (A), (B) or (C)).
The terms of the Loan Agreement are negotiated on an arm’s length basis between Fortune Credit and Customer A with regarding to, among others, the financial backgrounds of Customer A and Guarantor B.
Such evidence as the Agent may reasonably require of the transfer of the shares in the Collateral Transfer Borrower from Guarantor B to Guarantor A (or to a sub holding company which is itself a one hundred per cent Subsidiary (directly or indirectly) of Guarantor A).
The Borrowers shall ensure that m.v. “NASSAU SPIRIT” is at all times technically and commercially managed either by a company controlled by OAO Sovcomflot or by a management company controlled by Guarantor B or by A/S Dampskibsselskabet Torm, or such other management company as may be acceptable to the Agent acting on the instructions of the Majority Lenders.
The Borrowers shall ensure that each of the other Vessels is at all times technically and commercially managed by a management company controlled by Guarantor B or by A/S Dampskibsselskabet Torm or such other management company as may be acceptable to the Agent acting on the instructions of the Majority Lenders.