Irrevocably definition

Irrevocably means that the guarantee must contain no clause that would allow the guarantor unilaterally to cancel the guarantee; and
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Irrevocably shall not require the expiration of any applicable bankruptcy preference period.
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Irrevocably means that the Guarantors can’t revoke their Guarantee at a later date. “on a joint and several basis” means that any person owed money under the Guarantee may pursue the obligation against all the Guarantors together, or any one Guarantor as if that Guarantor were liable for the whole guaranteed amount. Their obligations in that regard are contained in the Trust Deed. B.19/B.1 Legal and commercial name: IPF Holdings Limited. B.19/B.2 Domicile, Legal Form, Country of Incorporation and Legislation under which the Guarantor Operates: IPF Holdings Limited is a private limited company incorporated and registered in England and Wales on 29 October 1980 under the Companies Act 1948 as a company limited by shares with registered number 01525242. B.19/B.4b Known Trends Affecting the Guarantor and its Industry: The companies in the Issuer’s corporate Group operate in the international home credit market, which tends to be affected by various changes and fluctuations. These include fluctuations in the cost of obtaining capital, changes in political, economic and financial market conditions, fluctuations in interest and currency exchange rates and changes in governmental regulations, legislation and industry standards. However, there are no known and specific trends currently affecting IPF Holdings Limited or the industry in which it operates. B.19/B.5 Group Position: IPF Holdings Limited is a wholly owned subsidiary of the Issuer and parent company to IPF Financial Services Limited and International Personal Finance Investments Limited. B.19/B.9 Profit Forecasts: No profit forecast or estimate is made in relation to IPF Holdings Limited and the audit reports thereon are without qualification. B.19/B.10 Description of any Qualifications in the Audit Report on the Historical Financial Information: See paragraph B.10 above.Not applicable. No qualifications were made in the audit reports on the historical financial information of the Issuer (on a consolidated basis). B.19/B.12 Key Historical Financial Information: See paragraph B.12 above.Financial data has been extracted without material adjustment from the Issuer’s consolidated audited historical financial information for the financial years ended 31 December 2014 and 31 December 2013. B.19/B.13 Description of Recent Events Material to the Guarantor’s Solvency: Not applicable. There have been no recent events material to IPF Holdings Limited’s solvency.
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Examples of Irrevocably in a sentence

  • Irrevocably authorises any of the other Parties to apply, on behalf of all Parties to such dispute, in writing, to the secretariat of PAMAN in terms of the aforesaid rules for any such arbitration to be conducted on an urgent basis.

  • Irrevocably accept full responsibility for his/her actions according to current tax legislation valid at the place of residence/living of the Client regarding any performed transactions/Operations, including but not limited to revenue/income tax.

  • Irrevocably accepts that he/she is solely responsible for any technical deficiencies that may occur in Client’s connection to the Trading Platform, in Client's equipment used for receiving the services (including, but not limited to, personal computer, laptop, mobile phone and etc.), and confirms that he/she shall have no claims whatsoever against the Company for any direct and/or indirect damages the Client may suffer due to such deficiencies.

  • Irrevocably accepts that he/she is solely responsible for any technical deficiencies that may occur in Client’s connection to the Trading Platform, in Client's equipment used for receiving the services (including, but not limited to, personal computer, laptop, mobile phone etc.), and confirms that he/she shall have no claims whatsoever against the Company for any direct and/or indirect damages the Client may suffer due to such deficiencies.

  • Irrevocably submits to the non-exclusive general jurisdiction of the courts of the State of Maryland and, if a basis for federal jurisdiction exists at any time, the courts of the United States of America for the District of Maryland.

  • Each Of The Parties Hereto Irrevocably Waives Trial By Jury In Any Action Or Proceeding With Respect To This Amendment Or Any Other Loan Document.

  • Applicant hereby makes the loss payable to Bank under such policy and assigns to Bank all proceeds of such policy and agrees to accept proceeds of all insurance as Bank's agent and to hold same in trust for Bank, arid forthwith to deliver the same to Bank, with Applicant's endorsement where necessary, and Bank or any of Banks officers are hereby Irrevocably empowered, with power of substitution, to endorse any check in the name of Applicant received In payment of any loss or adjustment.

  • The Company shall have executed and delivered to the Buyer a Registration Rights Agreement, Escrow Agreement and Irrevocably Transfer Agent Instructions, all in a form acceptable to the Buyer.

  • Irrevocably appoints Oxford and every officer of Oxford severally to be the attorney of the Guarantor at the risk and cost of the Guarantor to execute any mortgage which the Guarantor has promised to execute pursuant to clause 9.4 and 9.5 and to do everything necessary to procure registration of such mortgage.

  • Irrevocably committed funds may not be withdrawn from your funding account or committed to other Projects, unless we abandon or withdraw the offering of the series of LROs (or terminate or suspend our offering generally), each as described above.


More Definitions of Irrevocably

Irrevocably means that the application of the proceeds in or towards discharge of the Senior Credit Agreement Liabilities is not subject to legal challenge by the liquidator or equivalent insolvency officer of the Concessionaire or any third party. The Concessionaire shall pay to the Grantor, or procure the payment to the Grantor of, any such proceeds of insurance received by the Concessionaire, any Affiliates of the Concessionaire or any Lender after the date on which any payment is made by the Grantor pursuant to Clause 37.6 and, without prejudice to any of the foregoing, the Concessionaire undertakes to pursue diligently any claim it may have under any of its insurances which may give rise to a deduction or a payment to the Grantor under this Clause 37.7A.
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Related to Irrevocably

  • hereby, hereunder," "hereof," "hereinbefore," "hereinafter" and other equivalent words refer to the Pooling and Servicing Agreement as a whole. All references herein to Articles, Sections or Subsections shall mean the corresponding Articles, Sections and Subsections in the Pooling and Servicing Agreement. The definitions set forth herein include both the singular and the plural.

  • Non-Cooperative Jurisdiction means any foreign country that has been designated as noncooperative with international anti-money laundering principles or procedures by an intergovernmental group or organization, such as the Financial Task Force on Money Laundering, of which the U.S. is a member and with which designation the U.S. representative to the group or organization continues to concur;

  • The judge means the judge or the substitute judge of the juvenile and domestic relations district

  • Alternative Judgment means a form of final judgment that may be entered by the Court but in a form other than the form of Judgment provided for in this Stipulation and where none of the Parties hereto elects to terminate this Settlement by reason of such variance.

  • Specified Venue means NASDAQ OMX Stockholm;