Interim Facilities definition
Examples of Interim Facilities in a sentence
Any monies received by the Pledgee as a result of the enforcement of the Pledge shall be applied by the Pledgee in or towards payment of the Secured Liabilities in accordance with the terms of the Interim Facilities Agreement.
Subject to the terms of the Interim Facilities Agreement, this Agreement may be amended or waived only with the prior consent in writing of the Parties and any such amendment or waiver will be binding on the Parties.
Subject to the terms of the Interim Facilities Agreement, the Pledgee may delegate to any person or persons all or any of the powers, authorities and discretion, which are exercisable by it under this Agreement provided the Pledgee shall act with due care when selecting any such person.
All communication ad notices provided for under this Agreement shall be provided for in the manner described in Clause 21 (Notices) of the Interim Facilities Agreement.
The Grantor enters into this Agreement in connection with the Interim Facilities Agreement.
This letter sets forth certain fees payable in connection with the Facilities and the Interim Facilities contemplated to be provided pursuant to the commitment letter dated on or about the date of this letter between us as it may be amended, amended and restated, supplemented, modified or replaced from time to time (the "Commitment Letter").
The provisions of clause 19 (Notices) of the Interim Facilities Agreement shall apply (subject to any necessary modification) to this Agreement as though they were set out in full in this Agreement.
As per paragraph (b) of Clause 3.3 (Purpose) of the Agreed Form Interim Facilities Agreement.
The Interim Security Agent shall hold the benefit of this Agreement inclusive of, inter alia, the security interests, confirmations, representations and warranties and undertakings and covenants given by the Grantor in and pursuant to this Agreement upon trust for the Interim Finance Parties on the terms and conditions of the Interim Facilities Agreement.
The Interim Lenders have agreed to extend credit and the Issuing Banks have agreed to issue Bank Guarantees to the Borrower subject to the terms and conditions set forth in the Interim Facilities Agreement.