Examples of Waiver Letters in a sentence
Pursuant to the Waiver Letters, the Consortium Lenders have released pledge on such number of Equity Shares which are required towards fulfilling minimum promoter contribution in order to comply with Regulation 14 of the SEBI ICDR Regulations.
These activities correspond to specific PADEP Chapter 105 GPs; Waivers; Individual Permits numbered E-999x; Emergency Permits; Letters of Authorization; and Waiver Letters of Maintenance.
These activities correspond to specific PADEP Chapter 105 General Permits (GPs); Waivers; Individual Permits numbered E-999x; Emergency Permits; Letters of Authorization; and Waiver Letters of Maintenance.
The limitation on the Total Outstandings set forth in Section 3(a) of the Prior Waiver Letters shall remain in effect through April 15, 2003; provided that the Company shall not be permitted to obtain Loans to make payments under the finite bonding program with AIG (as described in the memorandum dated November 6, 2002 from Gxxx Xxxxxxxx to Mxxxxxx Xxxxxxxx of Bank of America, N.A. and related and included documents) in an aggregate principal amount greater than $2,500,000.
We hereby confirm that each of the Facility Agreement and the other Finance Documents (as amended from time to time including pursuant to the Waiver Letters and the above terms and conditions) and our obligations thereunder remain in full force and effect.
Each of the Waiver Letters shall have been executed by the employees identified therein and delivered to Parent without amendment or modification thereto in any respect and shall be in full force and effect as of the Fourth Effective Time.
Accordingly, from and after the date of this Amendment, the Company will not be entitled to take any of the actions permitted by either of the Waiver Letters unless and until the Company is (or becomes) otherwise entitled to take such actions pursuant to (and in accordance with) the terms of the Merger Agreement.
The Board understands the importance of optimising value for Shareholders and it is the Directors’ intention to return to paying a dividend once they believe it is financially prudent for the Group to do so, following the Group again becoming compliant with the covenants in the Facilities (prior to their amendment by the Waiver Letters) and having repaid the deferred loan amortisation payments.
The Fee Waiver Letters continues the arrangement with ING Funds Distributor to waive 0.05% with respect to Class T shares.
Waiver Letters relating to the Limited Offer for increased cash compensation were submitted with regard to 318,378 Celanese Shares and corresponding payments of €9.08 per share were made.