Collateral Delivery - Sample Clauses

Collateral Delivery -. If notice of a Collateral Requirement is sent to Customer: (i) on or before 11:00 a.m. on any Business Day, then Customer shall deliver all required Collateral no later than the close of business on such Business Day, and (ii) after 11:00 a.m. on any Business Day, then Customer shall deliver all required Collateral no later than the close of business on the immediately succeeding Business Day.
AutoNDA by SimpleDocs
Collateral Delivery -. If notice of a Collateral Requirement is sent to Customer orally or via facsimile or electronic mail or such delivery method as the parties otherwise agree (in each case, with delivery deemed when sent): (i) on or before 10:00 a.m. (New York time) on any Business Day, then Customer shall deliver all required Collateral no later than the close of business on such Business Day, and (ii) after 10:00 a.m. (New York time) on any Business Day, then Customer shall deliver all required Collateral no later than the close of business on the immediately succeeding Business Day.
Collateral Delivery -. If notice of a Collateral Requirement is sent to Customer (if such notice is by telephone and Customer does not answer, then BNPP PB, Inc. shall send notice by electronic mail to the address specified by Customer): (i) on or before 10:00 a.m. on any Business Day, then Customer shall deliver all required Collateral no later than the close of business on such Business Day, and (ii) after 10:00 a.m. (New York City time) on any Business Day, then Customer shall deliver all required Collateral no later than the close of business on the immediately succeeding Business Day.
Collateral Delivery -. Borrower must comply with all the required procedures in SCHEDULE 4.3 for Mortgage Collateral offered in connection with this agreement by no later than 11:00 a.m. on (i) the Borrowing Date for Collateral supporting any new Borrowing (OTHER THAN a Wet Borrowing) and (ii) the 5th calendar day after the Borrowing Date of any Wet Borrowing for Collateral supporting that Borrowing. By 11:00 a.m. on the Business Day that Borrower is converting any Dry Borrowing to a Gestation Borrowing, Borrower shall execute and deliver to Administrative Agent a Collateral -Conversion Notice.
Collateral Delivery -. If notice of a Collateral Requirement is sent to Customer: (i) on or before 11:00 a.m. on any Business Day, then Customer shall deliver all required Collateral no later than the close of business on such Business Day, and (ii) after 11:00 a.m. on any Business Day, then Customer shall deliver all required Collateral no later than the close of business on the immediately succeeding Business Day. Unless a Default or Facility Termination Event (other than a Facility Termination Event under Section 13(c)(ii)) has occurred and is continuing, subject to Section 17(b) of the Account Agreement, on any Business Day prior to the Notice Date, to the extent that there is margin in the Special Custody Account (as defined in the Special Custody Agreement) in excess of the Collateral Requirements (such excess, the “Margin Excess”), if a request for return or delivery of Margin Excess is sent to BNPP PB, Inc.: (a) on or before 11:00 a.m. New York City time on any Business Day, then BNPP PB, Inc. shall, no later than the close of business on such Business Day, provide an Advice from Counterparty (as defined in the Special Custody Agreement) to Custodian instructing for the release of such Margin Excess pursuant to section 4 of the Special Custody Agreement, and (b) after 11:00 a.m. New York City time on any Business Day, then BNPP PB, Inc. shall, no later than the close of business on the immediately succeeding Business Day, provide an Advice from Counterparty (as defined in the Special Custody Agreement) to Custodian instructing for the release of such Margin Excess pursuant to section 4 of the Special Custody Agreement; provided that it shall not be a breach of this Agreement if a failure to provide such Advice from Counterparty is caused by an error or omission of an administrative or operational nature and BNPP PB, Inc. provides such Advice from Counterparty by the close of business on the next following Business Day after such Advice from Counterparty was to be provided pursuant to the immediately preceding provisions. For the avoidance of doubt, to the extent Customer’s request for Margin Excess is a request for a return of securities Collateral, BNPP PB, Inc. shall only be obligated to instruct for the release of such securities Collateral to the extent such securities Collateral has not been re-hypothecated pursuant to Exhibit B to the Account Agreement.
Collateral Delivery -. Co-Borrowers must comply with all the required procedures in Schedule 4.3 for Mortgage Collateral offered in connection with this agreement by no later than 11:00 a.m. on the Borrowing Date for Collateral supporting any new Borrowing.
Collateral Delivery -. If notice of a Collateral Requirement is sent to Customer: (i) on or before 12:00 p.m. (New York time) on any Business Day, then Customer shall deliver all required Collateral no later than 4:00 p.m. (New York time) on such Business Day, and (ii) after 12:00 p.m. (New York time) on any Business Day, then Customer shall deliver all required Collateral no later than 11:00 a.m. (New York time) on the immediately succeeding Business Day. For the avoidance of doubt, the requirement to deliver Collateral in accordance with this Section 9 shall constitute an Obligation under the Lending Services Agreement.
AutoNDA by SimpleDocs
Collateral Delivery -. Borrower must comply with all the required ------------------- procedures in SCHEDULE 4.3 for Mortgage Collateral offered in connection with this agreement by no later than 10:00 a.m. on the Borrowing Date for Collateral supporting any new Borrowing.
Collateral Delivery -. (a) Initial Delivery of Collateral. Concurrently with Debtor’s execution of this Pledge Agreement and delivery of this Pledge Agreement to the Agent, Debtor shall deliver physical possession to the Agent of every stock certificate, document, instrument and chattel paper which constitutes Collateral and obtain the fully executed Consent in the form attached hereto as Exhibit B. Any such items of Collateral that are certificated securities shall be duly endorsed in blank without restriction or with a duly executed assignment separate from certificate (stock power) duly endorsed in blank without restriction and with all necessary transfer tax stamps affixed. To the extent that Debtor delivers to Agent one or more stock certificates each of which (“Foreign Subsidiary Certificate”) reflects an equity interest in any Foreign Subsidiary in excess (“Excess Equity Interest”) of the percentage set forth in Section 1.2(c) above (“Designated Percentage Interest”), Agent will be entitled to hold such Foreign Subsidiary Certificate to reflect and perfect its security interest in 66.66% of the Equity Interest in the Foreign Subsidiary, unless and until Debtor delivers to Agent a (i) replacement certificate reflecting the Designated Percentage Interest; and (ii) an acceptable legal opinion from a law firm reasonably acceptable to Agent that the replacement certificate was properly issued and is fully paid for and properly reflects the Designated Percentage Interest in the subject entity and may be delivered to Agent as collateral. (Such replacement certificates when delivered or provided herein as referred to as the “Replacement Foreign Subsidiary Certificate.”)
Collateral Delivery -. 45 Within ten (10) Business Days after the Guaranty Date, the Company shall deliver to the Collateral Agent the original certificates (which certificates shall be properly endorsed in blank for transfer or accompanied by irrevocable undated stock powers duly endorsed in blank) representing all of the Capital Stock of Fonda and not less than 90% of the outstanding Capital Stock of Sweexxxxxt and the originals of each intercompany note payable to the Company from any of its Subsidiaries.
Time is Money Join Law Insider Premium to draft better contracts faster.