Examples of Repo Guarantor in a sentence
The Repo Guarantor shall at all times comply with all financial covenants and/or financial ratios set forth in Section 2 of the Pricing Side Letter.
An Act of Insolvency shall have occurred with respect to the Repo Seller, Repo Guarantor, or any Affiliate thereof.
The Repo Seller shall, and shall cause the Repo Guarantor to keep all property useful and necessary in its business in good working order and condition.
Does the water go into a main sewer plant?Answer: The sanitary sewer system feeds into the Two Rivers Water Reclamation Authority via a distribution system owned and maintained by the Army.
A Responsible Officer of the Repo Seller or the Repo Guarantor shall admit its inability to, or its intention not to, perform any of the Repo Seller’s Obligations or the Repo Guarantor’s obligations hereunder or the Repo Guaranty.
All required financial statements, information and reports delivered by the Repo Seller and Repo Guarantor to the Buyer pursuant to this Agreement shall be prepared in accordance with U.S. GAAP, or, if applicable, to SEC filings, the appropriate SEC accounting regulations.
Since December 31, 2019, there has been no material adverse change in the consolidated business, operations or financial condition of the Repo Guarantor from that set forth in said financial statements nor is the Repo Seller aware of any state of facts which (with notice or the lapse of time) would or could result in any such material adverse change.
All such financial statements are accurate, complete and correct and fairly present, in all material respects, the financial condition of the Repo Guarantor (subject to normal year-end adjustments) and the results of its operations as at such dates and for such fiscal periods, all in accordance with GAAP applied on a consistent basis, and to the best of the Repo Seller’s knowledge, do not omit any material fact as of the date(s) thereof.
A final judgment or judgments for the payment of money in excess of $10,000,000 shall be rendered against the Repo Seller, the Repo Guarantor or any of their Affiliates by one or more courts, administrative tribunals or other bodies having jurisdiction and the same shall not be satisfied, discharged (or provision shall not be made for such discharge) or bonded, or a stay of execution thereof shall not be procured, within thirty (30) days from the date of entry thereof.
In the event that You are suspended due to non-payment, Plan coverage shall also be suspended.