Examples of Indemnity Guarantee in a sentence
If your ANZ Indemnity Guarantee Facility or ANZ Commercial Bill Facility has had no bank guarantee or commercial bill outstanding or no Drawing, for a period of six months, you must request, and authorise ANZ to cancel, the Facility Limit.
While the Society has Mortgage Indemnity Guarantee insurance in place for lending greater than 80% LTV this is not included as mitigation within capital calculations.
ANZ’s obligation to make the Indemnity Guarantee Facility (the “IG Facility”) available to you is conditional upon ANZ being satisfied that:• ANZ receives an Indemnity Application for Guarantee properly executed to ANZ’s satisfaction.
Based on the terminology defined in Section II, this means that those bug reports had at least one non-specific S2R.
Nothing contained in this Section shall be construed to limit the exercise or enforcement, in accordance with the terms of this Agreement, of the rights and remedies against the limited liability company or the assets of the limited liability company or affect claims under Section 5 of the Pledge Agreement or under the Indemnity Guarantee (as such terms are defined in the Citadel Agreement).
While the Society has Mortgage Indemnity Guarantee insurance in place for lending greater than 80% LTV, this is not included as mitigation within capital calculations.
Until the expiration of such 120 day period (or such longer period as agreed by Payee), each such Payor Group Restricted Subsidiary who is party to the Guarantee shall be treated as a Payor Group Loan Party for the purposes of Article III of this Exhibit L (and, to the extent such Subsidiary is not in compliance with the Indemnity Guarantee Requirement upon the expiration of such period, such Subsidiary shall cease to be treated as a Payor Group Loan Party).
On or prior to the 120th day after the Distribution Date (or such longer period as Payee may, in its reasonable discretion, agree to in writing (such agreement not to be unreasonably withheld or delayed)), Payor shall cause each of its Subsidiaries (other than any Excluded Subsidiary) that is organized in Australia, Ireland, Italy, Japan, Mexico and Slovakia to satisfy the Indemnity Guarantee Requirement to the extent any such Subsidiary has not already satisfied the Indemnity Guarantee Requirement.
Borrowers are subject to mortgage conditions that impose obligations on both parties but provide the Society with rights to enforce its security should it need to.Where an advance exceeds 75% loan to value (LTV) of the purchase price or valuation of the property, whichever is the lower, Mortgage Indemnity Guarantee Insurance will be arranged.
In the UK, it is theoretically possible to borrow up to 100% of the property’s value (although a higher lending fee, the so-called MIG -Mortgage Indemnity Guarantee-, normally applies for mortgages of more than around 90% of the property value) and the effective qualification constraint is the one related to the household income.