Examples of Other Financing Agreement in a sentence
Unless otherwise instructed by the Company, the Manager shall instruct the financial institutions at which the accounts have been established to pay from the operating account, as and when required, amounts payable under any Credit Facility or Other Financing Agreement.
In resolving any Questioned Item, the Company and the Manager shall consider, among other things, the Company’s obligations under any relevant Charters, Credit Facility, or Other Financing Agreement.
Borrower hereby delivers an irrevocable instruction to the buyer or lender under any Financing Document that upon receipt of notice of an Event of Default under this Agreement, the buyer or lender thereunder is authorized and instructed to (i) remit to Lender hereunder directly any amounts otherwise payable to Borrower and (ii) deliver to Lender all collateral otherwise deliverable to Borrower, to the extent all obligations then due and owing under such Other Financing Agreement have been paid in full.
In resolving any questioned item, the Company and the Manager shall consider, among other things, the Company’s obligations under any relevant Charters, Credit Facility, or Other Financing Agreement.
In the event of any repayment in full of loans under, or termination of, any Other Financing Agreement, any More Favourable Provision under the terms of such Other Financing Agreement that is incorporated herein as at the date of such repayment in full or termination shall remain an Incorporated Provision of this Agreement notwithstanding such repayment in full or termination of the relevant Other Financing Agreement.
Such other officers as the Board of Directorsmay choose shall perform such duties and have such powers as from time to time may be assigned to them by the Board of Directors.
As of the date hereof, neither Initial Guarantor, Replacement Guarantor nor any of its Subsidiaries have entered into any Other Financing Agreement containing an MFN Covenant.
The Company represents and warrants that the Other Financing Agreement Parties have not made any borrowings under the Financing Agreement and the Company agrees to prevent the Other Financing Agreement Parties from making any borrowings under the Financing Agreement.
In resolving any disagreements CC and CSM shall consider, among other things, CC’s obligations under any relevant Charters, Credit Facility, or Other Financing Agreement and CSM’s general obligations and general economic and market conditions.
On the date hereof, neither Guarantor nor any of its Affiliates is subject to financial covenants (and/or defined terms related thereto) that are more favorable to the lender or repurchase buyer, as applicable, under any Other Financing Agreement than the financial covenants set forth in Section 5 of this Guaranty (and/or defined terms related thereto).