Xxxx Xxxxxxxxxx Family means Xxxx Xxxxxxxxxx, his direct lineal descendants, the personal estate of any of the aforementioned persons and any trust created for the benefit of one or more of the aforementioned persons and their estates.
Xxxx Xxxxxxxxxx Family means Xxxx Xxxxxxxxxx, his direct lineal descendants, the personal estate of any of the aforementioned persons and any trust created for the benefit of one or more of the aforementioned persons and their estates. Application Subject to Clause 14 (Payments by the Obligors) in the Common Terms Agreement, all mandatory prepayments and/or reductions and/or cancellations (as the case may be) made under this Clause 8 (except for Clause 10.3) shall be applied pro rata against any scheduled repayment (including balloon) or scheduled reductions of the Facility. Upon any such reduction the Agent shall, if applicable, replace Schedule 5 (Repayments and Reductions) with an amended and new repayment and reduction schedule reflecting the correct scheduled amounts and provide a copy to the Borrower and the Lenders thereof.
Xxxx Xxxxxxxxxx Family means Xxxx Xxxxxxxxxx, his direct lineal descendants, the personal estate of any of the aforementioned persons and any trust created for the benefit of one or more of the aforementioned persons or their estates. “Lender” means:
Examples of Xxxx Xxxxxxxxxx Family in a sentence
Xxxxxxx CO-TTEE Xxxxxx Xxxxxxx Xxxx Xxxxxxx Rev Tst Xxxxx Martial Xxxxxxxxxx and Xxxxx Xxxx Xxxxxxxxxx Family Trust U/A dtd March 8, 2005 Xxxxxx & Xxxx Xxxxxxxxx XxXxxx-Xxxxxxxxxxx Family Trust u/a/d 7-29-94 Xxxx Xxxx Xxxxxxxx Xxxxxxxx Xxxxxxx Xxxxx Investments, LP Xxxx X.
More Definitions of Xxxx Xxxxxxxxxx Family
Xxxx Xxxxxxxxxx Family means Xxxx Xxxxxxxxxx, his direct lineal descendants, the personal estate of any of the aforementioned persons and any trust created for the benefit of one or more of the aforementioned persons and their estates. If, for any reason whatsoever, the GIEK Guarantee or the K-sure Insurance Policy are repudiated, ceases to be legally valid and binding or have full force and effect, the GIEK Lender and/or the K-sure Lenders (as applicable) may cancel the GIEK Lender Facility and/or the K-sure Facility (as applicable) secured by the GIEK Guarantee or K-sure Insurance Policy (respectively) and declare the outstanding amounts under the relevant Facility, together with accrued interests and all other amounts accrued or outstanding owing to the GIEK Lender and/or the K-sure Lenders (as applicable) thereunder immediately due and payable.
Xxxx Xxxxxxxxxx Family means Xx. Xxxx Xxxxxxxxxx, his direct lineal descendants, the personal estate of any of them and/or any trust created for the benefit of any of the aforementioned persons or their estates. "KEXIM" means The Export-Import Bank of Korea. "KEXIM Facility" means the term loan facility made available by the KEXIM Facility Lenders under this Agreement as described in Clause 2 (The Facility). "KEXIM Facility Commitment" means: (a) in relation to an Original KEXIM Facility Lender, the amount set opposite its name under the heading "KEXIM Facility Commitment" in Schedule 1 (The Original Parties and Commitments) and the amount of any other KEXIM Facility Commitment transferred to it under this Agreement; and (b) in relation to any other KEXIM Facility Lender, the amount of any KEXIM Facility Commitment transferred to it under this Agreement, to the extent not cancelled, reduced or transferred by it under this Agreement. "KEXIM Facility Lenders" means: (a) the Original KEXIM Facility Lender; and BD-#34696673-v11 9
Xxxx Xxxxxxxxxx Family means Xx. Xxxx Xxxxxxxxxx, his direct lineal descendants, the personal estate of any of them and/or any trust created for the benefit of any of the aforementioned persons or their estates. "Lender" means: a) any Original Lender; and b) any New Lender, which in each case has not ceased to be a Party in accordance with the terms of this Agreement. "LIBOR" means, in relation to any Loan: a) the applicable Screen Rate as of 12:00 hours on the Quotation Day for USD and for a period equal in length to the Interest Period of that Loan; or b) as otherwise determined pursuant to Clause 10.1 (Unavailability of Screen Rate); and if, in either case, that rate is below zero, LIBOR will be deemed to be zero. "Loan" means a loan made or to be made under a Facility or the principal amount outstanding for the time being of that loan. "Majority Lenders" means: a) if there are no Loan outstanding, a Lender or Lenders whose Commitments aggregate equal to or more than 662/3% of the Total Commitments (or, if the Total Commitments have been reduced to zero, aggregated equal to or more than 662/3% of the Total Commitments immediately prior to the reduction); or b) at any other time, a Lender or Lenders whose participations in the Loans then outstanding aggregate equal to or more than 662/3% of the Loans then outstanding. "Management Agreement(s)" means any commercial and/or technical management agreement entered into between the Borrower and the Manager(s) regarding the Vessel, on terms and conditions acceptable to the Majority Lenders. "Manager" means any technical or commercial manager of the Vessel. "Manager's Undertaking" means a subordination statement by each Manager of the Vessel, in form and substance acceptable to the Agent, whereupon the Manager fully subordinates its claims under any Management Agreement(s) and otherwise in respect of the Vessel to the claims of the Finance Parties under the Finance Document. "Margin" means two point eighty five per cent (2.85%) per annum. "Marpol" means the International Convention for the Prevention of Pollution from Ships.
Xxxx Xxxxxxxxxx Family means Xx. Xxxx Xxxxxxxxxx, his direct lineal descendants, the personal estate of any of them and/or any trust created for the benefit of any of the aforementioned persons or their estates. "Lender" means: a) any Original Lender; and b) any New Lender, which in each case has not ceased to be a Party in accordance with the terms of this Agreement. "LIBOR" means, in relation to any Loan: a) the applicable Screen Rate; or b) (if no Screen Rate is available for the Interest Period of that Loan) the Interpolated Screen Rate for that Loan; or c) if: 10127241/1 12
Xxxx Xxxxxxxxxx Family means Xx. Xxxx Xxxxxxxxxx, his direct lineal descendants, the personal estate of any of them and any trust created for the benefit of any of the aforementioned persons and their estates; “Kumiai-in” means any person entering into a Tokumei Kumiai Agreement with, and making a cash contribution to, the relevant Owner for the purposes of this Agreement, the other Operative Documents and the transactions contemplated hereby and thereby and includes any successor or assignee of any such person;