Support Letters definition
Examples of Support Letters in a sentence
Notwithstanding the provision of the Support Letters to the Province and any approval by the Minister of MAH of the Amended RMOW OCP, the RMOW agrees not to formally adopt the Amended RMOW OCP until the RMOW Act Amendments come into force.
For purposes of this Section 6.05, when referring to any Investment, the term “outstanding” means, as applicable, loans and advances which have not been repaid, guarantees and Intercompany Support Letters which have not been cancelled and other investments which have not been repaid or returned, as applicable, to the investor (provided that the amounts of any outstanding Investment shall be determined in accordance with the definition of “Investment”).
Additionally, LUN agrees to prepare and deliver to Planning Board and City Council letters of support of the Project and the Rezoning (each, a “Support Letter”), in a timely manner to ensure the Support Letters are delivered to City Council prior to any hearings related to the Property, Project, or the Rezoning.
In making their choice, the arbitrators shall choose the allocation arrangement that in their judgment most equitably allocates the total Lakehead System revenues in a manner that best represents the relative economic value of each Series as of the expiration of the L3R Support Letters.
Each of EECI L3R Sub and Lakehead GP shall appoint an arbitrator at least 150 days prior to the expiration of the L3R Support Letters.
Amounts placed in the Cash Collateral Account, up to $2,310,000, shall remain in the Cash Collateral Account until the expiration of the Support Letter of Credit Availability Period to secure Support Letters of Credit regardless of whether Support Letters of Credit in such amount have yet been issued.
Notwithstanding anything herein to the contrary, within three Business Days prior to Completion, the Collateral Agent shall draw on the Equity Support Letters of Credit and deposit such funds in the Equity Account.
This Agreement shall not be effective until (a) Citibank and CS shall have returned to them their undrawn B Support Letters of Credit, (b) National shall have paid all accrued fees and expenses of Citibank and CS payable under the B Support Letter of Credit Reimbursement Agreement, and (c) Credit Agricole shall have issued a B Support Letter of Credit.
Agent shall promptly return to Borrower the Support Letters of Credit.
Not later than the execution of this Agreement, shareholder support letters (the "Support Letters") in the form attached as Schedule 1 shall be executed by the shareholders of Da Capo and Granges set forth in Schedule 1 pursuant to which such shareholders shall agree to vote in favour of the Amalgamation and against any other Extraordinary Business Combination (hereinafter defined) all Da Capo Common Shares and Granges Common Shares, respectively, over which they exercise voting power.