ACKNOWLEDGEMENT REGARDING PAYMENTS Sample Clauses

ACKNOWLEDGEMENT REGARDING PAYMENTS. Each of the Issuer, the Trustee, the Receivables Trustee and the Transferor acknowledge and confirm that the Receivables Trustee shall apply any amounts due from the Issuer to the Receivables Trustee in respect of a Series in or towards satisfaction of any amounts then due to the Issuer from it in respect of any Trust Property of that Series.
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ACKNOWLEDGEMENT REGARDING PAYMENTS. Each of the Loan Note Issuer, the Security Trustee, the Receivables Trustee and the Transferors acknowledge and confirm that the Receivables Trustee shall apply any amounts due from the Loan Note Issuer to the Receivables Trustee in respect of a Series in or towards satisfaction of any amounts then due to the Loan Note Issuer from the Receivables Trustee in respect of any Trust Property of that Series.
ACKNOWLEDGEMENT REGARDING PAYMENTS. Each of the Receivables Trustee and the Transferor Beneficiary acknowledge and confirm that Barclays Bank PLC shall apply any amounts due from the Receivables Trustee to it in its capacity (i) as Transferor of the Receivables; and (ii) as a Transferor Beneficiary of the Receivables Trust in or towards satisfaction of any amounts then due to the Receivables Trustee from it in its capacity (i) as Transferor of the Receivables; and (ii) as a Transferor Beneficiary of the Receivables Trust, respectively. As a consequence of the foregoing it is acknowledged and confirmed that as between Barclays Bank PLC as a Transferor Beneficiary and the Receivables Trustee only net payments will be made to the relevant parties.
ACKNOWLEDGEMENT REGARDING PAYMENTS. Each of the Receivables Trustee and the Transferor Beneficiaries acknowledge and confirm that each of RBS and RBS Advanta shall apply any amounts due from the Receivables Trustee to them in their capacity (i) as Transferors of the Receivables; and (ii) as Transferor Beneficiaries of the Receivables Trust, other than any amounts due in respect of any Acceptance Price payable to accept an Offer, in or towards satisfaction of any amounts then due to the Receivables Trustee from it in its capacity (i) as Transferor of the Receivables; and (ii) as Transferor Beneficiary of the Receivables Trust, respectively. As a consequence of the foregoing it is acknowledged and confirmed that, except in relation to payments of Acceptance Price, as between RBS as a Transferor Beneficiary, RBS Advanta as a Transferor Beneficiary and the Receivables Trustee only net payments will be made to the relevant parties. For the avoidance of doubt, the obligation of the Receivables Trustee to pay any amount by way of Acceptance Price shall not be the subject of any set- off, netting or similar arrangement.
ACKNOWLEDGEMENT REGARDING PAYMENTS. (a) Each of the Receivables Trustee, the Transferor and the Transferor Beneficiary acknowledges and confirms that COBE shall apply any amounts due from the Receivables Trustee to it as (i) Transferor of the Receivables or (ii) Transferor Beneficiary of the Receivables Trust, in or towards satisfaction by way of set-off of any amounts then due to the Receivables Trustee from it as (i) Transferor of the Receivables or (ii) Transferor Beneficiary of the Receivables Trust, in those respective capacities.
ACKNOWLEDGEMENT REGARDING PAYMENTS. (a) Each of the Receivables Trustee, the Transferor and the Transferor Beneficiary acknowledge and confirm that TPF shall apply any amounts due from the Receivables Trustee to it as (i) Transferor of the Receivables or (ii) Transferor Beneficiary of the Receivables Trust, in or towards satisfaction by way of set-off of any amounts then due to the Receivables Trustee from it as (i) Transferor of the Receivables or (ii) Transferor Beneficiary of the Receivables Trust, in those respective capacities.
ACKNOWLEDGEMENT REGARDING PAYMENTS. The Parties acknowledge and agree that the Milestone Payments, Sublicense Fees, Royalties, and Sublicense Royalties, taking into account the permitted reductions available under Sections 4.3, 4.4, 4.5 and 4.7, and the remainder of this Agreement as a whole, are fair, reasonable and justified in light of the nature of the rights granted and the commercial opportunity provided to Dermata hereunder. Such rights include each part of the Licensed Patents and Licensed Know-How, all of which Dermata deems valuable and necessary to the development and commercialization of any Licensed Product. The Parties acknowledge that the Royalty is made for the mutual convenience of the Parties and that the Parties arrived at such an arrangement after carefully exploring alternative means and consultation with their respective counsel.
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ACKNOWLEDGEMENT REGARDING PAYMENTS. (a) Each of the Receivables Trustee, the Transferor and the Transferor Beneficiary acknowledges and confirms that HSBC Bank plc shall apply any amounts due from the Receivables Trustee to it as (i) Transferor of the Receivables or (ii) Transferor Beneficiary of the Receivables Trust, in or towards satisfaction by way of set-off of any amounts then due to the Receivables Trustee from it as (i) Transferor of the Receivables or (ii) Transferor Beneficiary of the Receivables Trust, in those respective capacities.

Related to ACKNOWLEDGEMENT REGARDING PAYMENTS

  • Acknowledgement Regarding Any Supported QFCs To the extent that the Loan Documents provide support, through a guarantee or otherwise, for any Swap Contract or any other agreement or instrument that is a QFC (such support, “QFC Credit Support”, and each such QFC, a “Supported QFC”), the parties acknowledge and agree as follows with respect to the resolution power of the Federal Deposit Insurance Corporation under the Federal Deposit Insurance Act and Title II of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act (together with the regulations promulgated thereunder, the “U.S. Special Resolution Regimes”) in respect of such Supported QFC and QFC Credit Support (with the provisions below applicable notwithstanding that the Loan Documents and any Supported QFC may in fact be stated to be governed by the laws of the State of New York and/or of the United States or any other state of the United States):

  • Mutual Acknowledgement Both the Company and Indemnitee acknowledge that in certain instances, Federal law or applicable public policy may prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification to a court in certain circumstances for a determination of the Company's right under public policy to indemnify Indemnitee.

  • ACKNOWLEDGEMENT OF RECEIPT Each of the parties acknowledges receiving an executed copy of this Agreement.

  • ACKNOWLEDGEMENT OF TERMS The Company hereby represents and warrants to the Investor that: (i) it is voluntarily entering into this Agreement of its own freewill, (ii) it is not entering this Agreement under economic duress, (iii) the terms of this Agreement are reasonable and fair to the Company, and (iv) the Company has had independent legal counsel of its own choosing review this Agreement, advise the Company with respect to this Agreement, and represent the Company in connection with this Agreement.

  • Additional Acknowledgements By accepting this Agreement electronically, the Grantee and the Company agree that the Restricted Stock Units are granted under and governed by the terms and conditions of the Plan and this Agreement. The Grantee has reviewed in its entirety the prospectus that summarizes the terms of the Plan and this Agreement, has had an opportunity to request a copy of the Plan in accordance with the procedure described in the prospectus, has had an opportunity to obtain the advice of counsel prior to electronically accepting this Agreement and fully understands all provisions of the Plan and this Agreement. The Grantee hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions relating to the Plan and this Agreement.

  • ACKNOWLEDGEMENT AND CONFIRMATION Each party to this Amendment hereby confirms and agrees that, after giving effect to this Amendment and the amendments contemplated hereby, and except as expressly modified hereby, the Credit Agreement and the other Credit Documents to which it is a party remain in full force and effect and enforceable against such party in accordance with their respective terms and shall not be discharged, diminished, limited or otherwise affected in any respect.

  • Acknowledgement of Rights The Company acknowledges that, with respect to any Securities held by UCBH Trust Co. or a trustee of such trust, if the Property Trustee of such Trust fails to enforce its rights under this Indenture as the holder of the Securities held as the assets of UCBH Trust Co. any holder of Capital Securities may institute legal proceedings directly against the Company to enforce such Property Trustee's rights under this Indenture without first instituting any legal proceedings against such Property Trustee or any other person or entity. Notwithstanding the foregoing, if an Event of Default has occurred and is continuing and such event is attributable to the failure of the Company to pay principal of or premium, if any, or interest on the Securities when due, the Company acknowledges that a holder of Capital Securities may directly institute a proceeding for enforcement of payment to such holder of the principal of or premium, if any, or interest on the Securities having a principal amount equal to the aggregate liquidation amount of the Capital Securities of such holder on or after the respective due date specified in the Securities.

  • ACKNOWLEDGEMENT AND CONSENT The Company is a party to the Company Collateral Documents, in each case as amended through the date hereof, pursuant to which the Company has created Liens in favor of the Agent on certain Collateral to secure the Obligations. The Parent Guarantor is a party to the Parent Collateral Documents, in each case as amended through the date hereof, pursuant to which the Parent Guarantor has created Liens in favor of the Agent on certain Collateral and pledged certain Collateral to the Agent to secure the Obligations of the Parent Guarantor. Certain Subsidiaries of the Company are parties to the Subsidiary Guaranty and/or one or more of the Subsidiary Collateral Documents, in each case as amended through the date hereof, pursuant to which such Subsidiaries have (i) guarantied the Obligations and/or (ii) created Liens in favor of the Agent on certain Collateral. The Company, the Parent Guarantor and such Subsidiaries are collectively referred to herein as the "Credit Support Parties", and the Company Collateral Documents, the Parent Collateral Documents, the Subsidiary Guaranty and the Subsidiary Collateral Documents are collectively referred to herein as the "Credit Support Documents". Each Credit Support Party hereby acknowledges that it has reviewed the terms and provisions of the Credit Agreement as amended by this Amendment and consents to the amendment of the Credit Agreement effected as of the date hereof pursuant to this Amendment. Each Credit Support Party acknowledges and agrees that any of the Credit Support Documents to which it is a party or otherwise bound shall continue in full force and effect. Each Credit Support Party hereby confirms that each Credit Support Document to which it is a party or otherwise bound and all Collateral encumbered thereby will continue to guaranty or secure, as the case may be, the payment and performance of all obligations guaranteed or secured thereby, as the case may be. Each Credit Support Party (other than the Company and the Parent Guarantor) acknowledges and agrees that (i) notwithstanding the conditions to effectiveness set forth in this Amendment, such Credit Support Party is not required by the terms of the Credit Agreement or any other Loan Document to consent to the amendments to the Credit Agreement effected pursuant to this Amendment and (ii) nothing in the Credit Agreement, this Amendment or any other Loan Document shall be deemed to require the consent of such Credit Support Party to any future amendments to the Credit Agreement.

  • Acknowledgement and Consent to Bail In of EEA Financial Institutions. Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any EEA Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the write-down and conversion powers of an EEA Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:

  • Acknowledgement and Agreement By execution below, the Transferor expressly acknowledges and consents to the pledge of the 2010-1 SUBI Certificate and the 2010-1 SUBI and the assignment of all rights and obligations of the Transferor related thereto by the Transferee to the Indenture Trustee pursuant to the Indenture for the benefit of the Noteholders. In addition, the Transferor hereby acknowledges and agrees that for so long as the Notes are Outstanding, the Indenture Trustee will have the right to exercise all powers, privileges and claims of the Transferee under this Agreement.

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