Webبررسی کلمه. • (1) تعریف: insurance against damage, loss, or liability. - Many people have no indemnity to protect them in the case of floods. • (2) تعریف: compensation for damage or loss sustained. - You are entitled to … WebCurrency indemnity (A) If any sum due from the Borrower under the Finance Documents (a "Sum"), or any order, judgment or award given or made in relation to a Sum, has to be converted from the currency (the "First Currency") in which that Sum is payable into another currency (the "Second Currency") for the purpose of: ...
Currency indemnity Definition Law Insider
WebJul 1, 2024 · These bonds also include a currency indemnity clause, which would allow Russia to be discharged from its repayment obligations if the investor receives or recovers the entire amount due on the bond. WebSample 1. Recovery Indemnity. The Principal Seller shall indemnify and covenant to pay the Purchaser ( for and on behalf of itself and each Group Company) in respect of any Losses, costs and expenses which the Purchaser and/or any Group Company may incur as a result of any reasonable steps taken pursuant to Clauses 10.10.2 and/or 10.10.3, save ... dwp what is pip
Currency Indemnification Sample Clauses Law Insider
WebContractual Currency means, in relation to any payment obligation of any Note, the currency in which that payment obligation is expressed and, in relation to Clause 8 (Remuneration and Indemnification of the Trustee), pounds sterling or such other currency as may be agreed between the Relevant Issuer and the Trustee from time to time; WebExamples of Currency indemnity in a sentence. For the purpose of Clause 16.1 (Currency indemnity), "rate of exchange" means the rate at which the Bond Trustees acting on … Webon behalf of all bondholders. In practice, the trustee will require an indemnity, pre-funding and/or the provision of security to its satisfaction before agreeing to take action. 4The discussion in this Chapter 2 assumes an English law governed bond trustee arrangements (other than as specifically set out in Chapters 2.3 and 2.4 relating to bond crystalline structure of plant resin