Related Obligors definition

Related Obligors means the “Obligors” as defined in each Related Lease, or any of them, and “Related Obligor” means any of them, as the context may require.
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Related Obligors. Sub-Charterers" or any other person include any of their respective successors, permitted assignees and permitted transferees;
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Related Obligors means the "Obligors" as defined in the relevant Related Charter.
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Examples of Related Obligors in a sentence

  • This Agreement may be amended from time to time by ABS, the Related Obligors and Obligors' Agent only with the prior written consent of the Servicer and the Trustee.

  • ABS, the Obligors' Agent and the Related Obligors have caused this Contribution Agreement Supplement to be duly executed by their respective officers as of the day and year first above written.

  • Such representations and warranties are made for the benefit of the Obligors' Agent, the Related Obligors and the Trustee, and the Related Obligor is relying on such representations and warranties in accepting the contribution of the related Conveyed Assets.

  • Such representations and warranties speak as of the Contribution Date, unless otherwise indicated, but shall survive each contribution, assignment, transfer and conveyance of the respective Conveyed Assets to the Related Obligor and its successors and assigns and the Pledge by the Related Obligors to the Trustee.

  • If in any enforcement suit or legal proceeding it is held that ABS, as the Servicer may not enforce a Contract on the ground that it is not a real party in interest or holder entitled to enforce the Contract, the Related Obligors shall, at ABS's expense, take such steps as the Obligor's Agent deems necessary to enforce the Contract, including bringing suit in such Related Obligors' name.

  • In connection with the contribution, assignment, transfer and conveyance of the Contracts and Equipment to the Related Obligors pursuant to the related Contribution Agreement Supplement and pledge thereof to the Trustee, ABS hereby agrees to service the Contracts and Equipment for the benefit of the Related Obligors (and their respective successors and assigns) and the Trustee in accordance with the terms and conditions of the Master Facility Agreement.

  • ABS as Servicer of the Contracts and Equipment will, at its own cost and expense, (i) retain the Electronic Ledger as a master record of the Contracts and Equipment and (ii) mark ▇▇▇ Electronic Ledger to the effect that the Contracts and Equipment have been transferred to the Related Obligors and that they have been transferred and assigned to the Trustee pursuant to the Master Facility Agreement.

  • Each contribution of Conveyed Assets shall be evidenced by the execution and delivery by ABS and the Related Obligors of the related Contribution Agreement Supplement in the form of Exhibit A hereto, and all of the Related Obligors' rights thereunder shall similarly be pledged to the Trustee for the benefit of the related Series Secured Parties, as of the related Contribution Date.

  • ABS hereby makes the following representations and warranties for the benefit of the Related Obligors, the Trustee and the related Series Secured Parties.

  • Subject to and notwithstanding any of the terms and conditions of that certain Contribution Agreement by and among each Borrower and the Related Obligors (as defined therein) dated as of June 25, 2003.


More Definitions of Related Obligors

Related Obligors means the Obligor(s) designated as the "Related Obligors" in the related Contribution Agreement Supplement.
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Related Obligors means, collectively, the former Yemen Arab Republic, the former People’s Democratic Republic of Yemen, the Central Bank of Yemen, the former Bank of Yemen, the Yemen Bank for Reconstruction and Development, the Yemen Economic Corporation and the former Military Economic Corporation;
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Related to Related Obligors

  • Designated Obligor means an Obligor indicated by Agent to Seller in writing.

  • Affiliated Obligor means any Obligor that is an Affiliate of another Obligor.

  • Designated Obligations means all obligations of the Borrower with respect to (a) principal of and interest on the Loans and (b) accrued and unpaid fees under the Loan Documents.

  • Excluded Obligor means any Obligor (a) that is an Affiliate of any Originator, the Parent or the Borrower (other than a Permitted Affiliate Obligor), or (b) that is designated as an Excluded Obligor by the Administrative Agent in its reasonable discretion upon ten (10) Business Days’ prior written notice from the Administrative Agent to the Borrower, the Lenders, the Servicer and the Parent.

  • Permitted Obligations mean (i) nonspeculative Hedging Obligations of any Person and its Subsidiaries arising in the ordinary course of business and in accordance with such Person’s established risk management policies that are designed to protect such Person against, among other things, fluctuations in interest rates or currency exchange rates and which in the case of agreements relating to interest rates shall have a notional amount no greater than the payments due with respect to the applicable obligations being hedged and (ii) Commodity Trading Obligations. For the avoidance of doubt, such transactions shall be considered nonspeculative if undertaken in conformance with FE’s Corporate Risk Management Policy then in effect, as approved by FE’s Audit Committee, together with the Approved Business Unit Risk Management Policies referenced thereunder.