Netting Letter definition

Netting Letter means the letter agreement between the Investment Agent, AIHL, DD&Co Ltd and Condor Trade Limited dated on or about the date of this Agreement.
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Netting Letter means the document named Netting Letter that Airbus, the Borrower and Controladora will execute.
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Netting Letter select one: x not applicable. ¨ means that certain Multilateral Netting Agreement in the form currently published by the LSTA dated on or as of the Agreement Date among Seller, Buyer [and] [,] Original Buyer [, Penultimate Buyer] and [describe any other parties to the Netting Letter]].
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Examples of Netting Letter in a sentence

  • The Borrower, is obligated to use the total amount of this Credit to the payment and fulfillment of the obligations assumed by the Borrower in the Second Novation Agreement of the Original Purchase Agreement of the Financed Aircraft, including the repayment set forth in the Netting Letter, being the Borrower obligated to fulfill completely the purposes set forth in such Trust PDP Santander/Bancomext 2 and to the terms of the Step-In Agreement.

  • The Joint Obligors are hereby obligated to transfer definitely and irrevocably in favor of the assets on trust of the Borrower, any rights related to any reimbursement of the Financed Aircraft, except for the reimbursement payments referred in the Netting Letter, as well as any other right related to the BFE and SSBFE Agreements, and to maintain valid such BFE Agreements during the term of this Agreement.

  • A copy of the Netting Letter duly executed by ACN Utility Services.

  • A primary concern highlighted in the 2012 Netting Letter is the inconsistent netting treatment under the insolvency proceedings to which nationalized banks (such as the State Bank of India) are subject, and those insolvency proceedings to which entities incorporated under the Indian Companies Act, 2013 (or previous laws relating to companies) are subject.

  • Kennedys Netting Letter from A W Willians re purchase of netting on Sects 24& 26 Hd Cummins.


More Definitions of Netting Letter

Netting Letter means the English law-governed netting letter, in the agreed form, executed or to be executed intel alia by the Parties hereto, setting off the payments described in such letter between the parties thereto.
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Netting Letter means the letter agreement between ACN Utility and Buyer, dated January 31, 2005, whereby the parties agree to enter into an EEI Master Netting Agreement.
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Netting Letter means the letter contemplated by Clause 5.9.1.
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Netting Letter means the netting letter to be entered into between Lessor, Lessee, the Guarantor and the Airframe Manufacturer on or prior to Delivery.
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Netting Letter means, the letter contemplated by Clause 5.9.1.
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Netting Letter select one: x not applicable.
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Related to Netting Letter

  • netting arrangement means an arrangement under which a number of claims or obligations can be converted into a single net claim, including close-out netting arrangements under which, on the occurrence of an enforcement event (however or wherever defined) the obligations of the parties are accelerated so as to become immediately due or are terminated, and in either case are converted into or replaced by a single net claim, including ‘close-out netting provisions’ as defined in point (n)(i) of Article 2(1) of Directive 2002/47/EC and ‘netting’ as defined in point (k) of Article 2 of Directive 98/26/EC;

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Commitment Letter has the meaning set forth in Section 5.7.

  • Existing Letter of Credit means each letter of credit issued prior to the Effective Date by a Person that shall be an Issuing Bank and listed on Schedule 2.06.

  • netting means the conversion into one net claim or one net obligation of claims and obligations resulting from transfer orders which a participant or participants either issue to, or receive from, one or more other participants with the result that only a net claim can be demanded or a net obligation be owed;

  • Cash Management Agreements means those certain cash management service agreements, in form and substance satisfactory to Agent, each of which is among Borrower, Agent, and one of the Cash Management Banks.

  • Master Transaction Agreement has the meaning set forth in the recitals.