Acceptance by Paying Agent Sample Clauses
Acceptance by Paying Agent. The Paying Agent hereby accepts its appointment as Paying Agent and agrees to act as agent for the Company pursuant to the terms and conditions of, and to perform its duties in accordance with, this Agreement until the termination of this Agreement in accordance with Section 7 of this Agreement or the resignation or removal of the Paying Agent pursuant to subsection 5(g) hereto.
Acceptance by Paying Agent. By execution and delivery of this Agreement, the Paying Agent accepts its duties and obligations hereunder, as an addition to its duties and obligations as Paying Agent under the Order.
Acceptance by Paying Agent. This Agreement shall be deemed accepted by Paying Agent and Paying Agent shall be bound by the provisions hereof upon, and only upon, execution of this Agreement. Paying Agent shall provide PARENT with one fully executed copy of this Agreement.
Acceptance by Paying Agent. Effective immediately upon the occurrence of the Grant Effectiveness Condition, the Paying Agent hereby agrees to act as agent for and representative of the Company and Secured Party pursuant to the terms and conditions of, and to fully and timely perform its duties under, this Agreement and the Subordinated Loan Agreement until the satisfaction in full and discharge of the Secured Obligations. By its execution and delivery of this Agreement, the Paying Agent accepts its appointment as Paying Agent and agrees to, among other things, take the actions and otherwise exercise the rights and perform the duties described in this Section 3.