Examples of UK Chargor in a sentence
If the UK Chargor has used its reasonable endeavours but has not been able to obtain an acknowledgement, its obligation to obtain acknowledgement shall cease on the date falling 20 Business Days after the date of sending any such notice.
The UK Borrower and the UK Chargor are in compliance with the provisions of Sections 151 to 158 of the United Kingdom Companies Act of 1985 in relation to the Transactions.
The UK Borrower and the UK Chargor shall comply in all respects with Sections 151 to 158 of the United Kingdom Companies Act of 1985 in relation to the Transactions, including in relation to the payment of all amounts due under this Agreement.
As security for the payment and discharge of the Secured Obligations, the U.K. Chargor with full title guarantee charges to the Administrative Agent by way of first floating charge the whole of its undertaking and other assets including Payment Accounts and Irish Accounts (other than assets validly and effectively charged or assigned (whether at law or in equity) from time to time pursuant to Clauses 3.1 (Fixed charges (U.K. Chargor)), 3.2 (Fixed charges (Swiss Chargor)) or 3.2(a) (Assignments)).
Each UK Chargor shall, if requested by the UK Security Trustee in writing, as soon as reasonably practicable, deliver (or procure delivery to the UK Security Trustee of), and the UK Security Trustee shall be entitled to hold and retain, all deeds, certificates and other documents (if any) constituting or evidencing title relating to any Real Property constituting the Security Assets as at the date of such request and subject to the Security created by paragraph (a) of Clause 3.2 (Fixed Security).
The viscosity of emulsified crude oil is much greater, up toseveral orders of magnitude than that of the original oil and of the residue left after evaporative loss of ‘light ends’.
The Swiss Chargor acknowledges and agrees to the charge pursuant to this Deed over any Accounts of the U.K. Chargor owing by the Swiss Chargor, whether such Account is governed by Swiss law or any other applicable law.
Subject to Section 6.20 (European Cash Management) of the Facility Agreement (which shall prevail in the event of any inconsistency with this Clause 9.2), the U.K. Chargor shall promptly pay, or procure the prompt payment of, all monies received by it or on its behalf in respect of any Accounts into a Payment Account.
As security for the payment and discharge of the Secured Obligations, the U.K. Chargor with full title guarantee assigns absolutely to the Administrative Agent all of its rights in (i) its Insurances and in any Insurance Proceeds relating (in each case) to its Inventory, and (ii) any U.K. Distributor Agreement.
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