Initial Guarantees definition
Examples of Initial Guarantees in a sentence
If no Interest Period is specified with respect to any requested LIBOR Borrowing, then Borrower shall be deemed to have selected an Interest Period of one month’s duration.
On or before the Effective Date, Satmex shall deliver to the Collateral Trustee copies, certified by a Responsible Officer to be true and complete, of the First Priority Securities Facility and executed originals of the Initial Security Documents and copies of the duly executed Initial Guarantees.
The Guarantees shall be governed by, and construed in accordance with, the laws of the state of New York, without regard to any principles of conflicts of laws that would result in the application of the laws of any other jurisdiction, except that the parties acknowledge that the Initial Guarantees are governed by the laws of the State of Delaware.
Except as specifically modified herein, the Indenture, the Notes and the Initial Guarantees are in all respects ratified and confirmed (mutatis mutandis) and shall remain in full force and effect in accordance with their terms with all capitalized terms used herein without definition having the same respective meanings ascribed to them as in the Indenture.