Examples of Guarantor Representative in a sentence
If the Trustee does not file such a claim prior to 30 days before the expiration of the time to file such a claim, the holders of Guarantor Senior Indebtedness, or any Guarantor Representative, may, and hereby are authorized to, file such a claim on behalf of Holders of the applicable Notes.
Any distribution to the holders of Guarantor Senior Indebtedness or their Guarantor Representative of assets other than cash may be held by such holders or such Guarantor Representative as additional collateral without any duty to the Holders to liquidate or otherwise realize on such assets or to apply such assets to any Guarantor Senior Indebtedness or other Obligations relating thereto.
Each of the Issuer and the Guarantor has agreed that the process by which any Proceedings in England are begun may be served on it by being delivered to the Guarantor, Representative Office at 68 Lombard Street, London EC3V 9LJ or, if different, its registered office for the time being.
Notwithstanding the foregoing, if the obligations of the Issuers under the Notes have been accelerated pursuant to Article 6 of this Indenture or otherwise, the Trustee shall be deemed to have received notice from the Guarantor Representative of a Non-Payment Event of Default relating to such acceleration as provided for in the first sentence of this clause (b).
The Beneficiaries agree to act in a commercially reasonable manner in exercising the powers granted under the Power of Attorney, and agree to afford the Guarantor Representative such prior notice of their actions as is reasonable in the circumstances (but in no event less than three business days’ prior written notice of the initial exercise of the Power of Attorney, on a one-time basis).
Only the Guarantor, a Guarantor Representative, the Conversion Agent or a holder of an issue of Guarantor Senior Indebtedness that has no Guarantor Representative may give the notice.
A certificate as to the amount of such payment or liability, together with a reasonably detailed calculation thereof, delivered to the Guarantor Representative by a Lender, or by the Administrative Agent on its own behalf or on behalf of a Lender, shall be conclusive absent manifest error.
If the Trustee does not file such a claim prior to 30 days before the expiration of the time to file such a claim, the holders of Domestic Guarantor Senior Indebtedness, or any Domestic 116 Guarantor Representative, may file such a claim on behalf of Holders of the Notes.
The Beneficiaries agree to act in a commercially reasonable manner in fulfilling any such Guaranteed Obligation or curing any such Event of Default, and agree to afford the Guarantor Representative such prior notice of their actions as is reasonable under the circumstances.
The Administrative Agent shall promptly deliver to the Lenders copies of any projections it receives setting forth any proposed Combined Material Project EBITDA Adjustment, and the Administrative Agent shall notify the Lenders of whether any proposed Combined Material Project EBITDA Adjustment has been approved, promptly after receipt of notice from the Guarantor Representative thereof.