NDS Finance definition
Examples of NDS Finance in a sentence
Each of News Corporation and NDS Finance shall provide the other party with a monthly invoice detailing the services provided hereunder and the reimbursement amounts payable pursuant to the preceding sentence.
NDS Finance, any holding company of NDS Finance and its subsidiaries are engaged in the business of developing and marketing technologies for securely distributing and monetizing digital content for pay-TV operators and broadband providers.
LIMITED, a company incorporated in England and Wales whose registered office is at ▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, 286 Bath Road, West Drayton, Middlesex UB7 ODQ, England (NDS Finance).
If an Issuing Bank shall make any LC Disbursement in respect of a Letter of Credit, NDS Finance shall reimburse such LC Disbursement by paying to the Applicable Agent an amount in the currency of such LC Disbursement equal to such LC Disbursement not later than the Business Day immediately following the day that NDS Finance receives notice that such LC Disbursement has been made.
The Borrowers, jointly and severally, agree to pay to the Administrative Agent and the London Agent, for their own account, the administrative fees payable in the amounts and at the times separately agreed upon between NDS Finance, the Administrative Agent and the London Agent (the “Administrative Agent Fees”).
A Letter of Credit shall be issued, amended, renewed or extended only if (and upon issuance, amendment, renewal or extension of each Letter of Credit NDS Finance shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, renewal or extension, (i) the LC Exposure shall not exceed $25,000,000 and (ii) the aggregate Revolving Exposures shall not exceed the aggregate Revolving Commitments.
In the event of any inconsistency between the terms and conditions of this Agreement and the terms and conditions of any form of letter of credit application or other agreement submitted by NDS Finance to, or entered into by NDS Finance with, an Issuing Bank relating to any Letter of Credit, the terms and conditions of this Agreement shall control.
SIGNED by ) Nuclobel Lux 1 S.àr.l ) SIGNED by ) Nuclobel Lux 2 S.àr.l ) SIGNED by ) NDS Group Plc ) SIGNED by ) NDS Finance Limited ) SIGNED by ) News Corporation ) SIGNED by ) NDS Holdco Inc.
If requested by such Issuing Bank, NDS Finance also shall submit a letter of credit application on such Issuing Bank’s standard form in connection with any request for a Letter of Credit.
Within the foregoing limits and subject to the terms and conditions set forth herein, NDS Finance may borrow, prepay and reborrow Revolving Loans.