Permitted Financial Accommodation definition

Permitted Financial Accommodation means financial accommodation provided by the Obligor:

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Permitted Financial Accommodation means any financial accommodation provided by the Obligors to any person or persons (other than an Obligor) in an aggregate amount not exceeding A$500,000 (or its equivalent in another currency or currencies).

Permitted Financial Accommodation means any financial accommodation or any Guarantee provided by an Obligor in respect of financial accommodation:

Examples of Permitted Financial Accommodation in a sentence

An Obligor must not provide any financial accommodation, or give any Guarantee in respect of any financial accommodation, to or for the benefit of any person, other than Permitted Financial Accommodation.
A Transaction Party must not (and must ensure that each of its Subsidiaries do not) provide any financial accommodation (including by making deposits to bank accounts), or give any Guarantee or Encumbrance (other than a Permitted Encumbrance) in respect of any financial accommodation, to or for the benefit of any person, other than Permitted Financial Accommodation.
This clause does not apply to the Permitted Financial Accommodation which can be characterised as an Inter-Company Claim.
Each Obligor must not provide any financial accommodation, or give any Guarantee in respect of any financial accommodation, to or for the benefit of any person other than Permitted Financial Accommodation.
A Transaction Party must not provide any financial accommodation, or give any Guarantee in respect of any financial accommodation, to or for the benefit of any person, other than Permitted Financial Accommodation.
A Transaction Party must not provide any financial accommodation, or give any Guarantee in respect of any financial accommodation, to or for the benefit of any Person, other than Permitted Financial Accommodation.
Permitted Financial Accommodation any financial accommodation or any Surety Obligation provided by a Transaction Party in respect of financial accommodation: 1 under the Transaction Documents; or 2 with the Agent’s prior written consent.
Permitted Financial Accommodation any financial accommodation or any Surety Obligation provided by a Transaction Party in respect of financial accommodation: 1 under the Transaction Documents; 2 in the ordinary course of business up to a maximum aggregate amount for all Transaction Parties of US$250,000; 3 which can be characterised as an Inter-Company Claim; or 4 with the Agent’s prior written consent.

More Definitions of Permitted Financial Accommodation

Permitted Financial Accommodation has the meaning given to that term in the Senior Facility Agreement.

Permitted Financial Accommodation means any financial accommodation as permitted in clauses 10(i)(i) to 10(i)(iii) (Negative Covenants) (inclusive).

Permitted Financial Accommodation means: (a) any loan made by one Security Provider to another Security Provider; (b) any financial accommodation permitted under clause 16.7(b)(i); (c) any deposit made by any Security Provider with a bank or financial institution in the ordinary course of ordinary business and into any account opened in accordance with clause 16.14(f); and (d) any Authorised Investments.