Examples of Polish Guarantor in a sentence
The Default Interest with respect to any Polish Guarantor is subject to mandatory limitations imposed by Article 359 of the Polish Act on the Civil Code of 23 April 1964 (Journal of Laws No. 16, item 93, as amended).
The term “liabilities” shall at all times exclude the Polish Guarantor’s liabilities under the Indenture and the Notes in relation to the Principal Obligations and the Parallel Obligations, but shall include any other obligations (secured and unsecured) of the Polish Guarantor, including any other off-balance sheet obligations of the Polish Guarantor.
The term “liabilities” shall at all times exclude the Polish Guarantor’s liabilities under this Article VII, but shall include any other obligations (secured and unsecured) of the Polish Guarantor, including any other off‑balance sheet obligations of the Polish Guarantor.
The term “liabilities” shall at all times exclude the Polish Guarantor’s liabilities under this Article VII, but shall include any other obligations (secured and unsecured) of the Polish Guarantor, including any other off-balance sheet obligations of the Polish Guarantor.
Polish law is amended in such a manner that balance sheet insolvency ( niewyplacalność) as provided for in Article 11, paragraph 2 of the Polish Bankruptcy Law no longer gives grounds for bankruptcy or no longer obliges the Polish Guarantor to file for bankruptcy.
The Polish Guarantor has been duly organized and is validly existing and in good standing under the laws of Poland.
Each Finance Party agrees that the guarantee, indemnity and any other obligations of each Guarantor incorporated in Poland (a POLISH GUARANTOR) which is a joint-stock company (spolka akcyjna) assumed under this Agreement and any Security provided pursuant to the terms of this Agreement by such Polish Guarantor shall not include and shall not extend to any amount of the Facilities utilised in breach of Article 345 ss.
The First Supplemental Indenture and the Guarantee of the Polish Guarantor have been duly authorized, executed and delivered by the Polish Guarantor.
The Polish Guarantor has all necessary power and authority to execute, deliver and perform its obligations under the First Supplemental Indenture and the Guarantee of the Polish Guarantor.
The execution, delivery and performance by the Polish Guarantor of the First Supplemental Indenture, the Guarantee of the Polish Guarantor and the transactions contemplated thereby have been duly authorized by all necessary action by the Polish Guarantor.