Funding Agent. (i) Chase acts as Funding Agent and as administrative agent for the Purchaser, as issuing and paying agent for the Purchaser's commercial paper notes, as provider of other backup facilities for the Purchaser, and may provide other services or facilities from time to time. Each of the parties hereto hereby acknowledges and consents to any and all Chase Roles, waives any objections it may have to any actual or potential conflict of interest caused by Chase's acting as the Funding Agent or as an APA Bank under the Asset Purchase Agreement and acting as or maintaining any of the Chase Roles, and agrees that in connection with any Chase Role (other than an actual conflict of interest arising from Chase's activities as custodian which has a material adverse effect on the Issuer), Chase may take, or refrain from taking, any action which it in its discretion deems appropriate.
Funding Agent. The City shall act as agent (the “Funding Agent”) for purposes of administering payment to the Architect, the Contractors, if any, and the General Contractor of Progress Payments or any other invoices it receives for Project Costs. The Funding Agent, upon receiving an invoice from a Consultant, Contractor, General Contractor, Architect or other vendor including but not limited to utilities, municipal departments, or authorities having jurisdiction, the City shall pay the invoice in accordance with the Construction Act. The City shall prepare and submit to the Region the City’s invoice, together with any other supporting documentation that the Region may reasonably require, the Region’s share being determined in accordance with the Region’s Project Cost Share as set out in Section 1.1 and as provided in Section 6.3 which may be delivered to the Region either electronically or by facsimile transmission. The City’s invoice will include a break down of all costs being charged to the Region, including the non-recoverable 1.76% HST (if applicable). The Region will pay to the City within thirty (30) Calendar Days following the date of receipt of the City’s invoice, the amount required to be paid by the Region on account of the Region’s Project Cost Share, and where applicable, any Party Mandatory Changes or Optional Changes for which the Region is responsible, as determined in accordance with this Agreement, unless the Region gives written notice that it disputes the City's invoice together with the reasons for the Region's dispute within five
Funding Agent. SEEA shall be entitled to notify Recipient at any time during the term of the Agreement that SEEA will disburse Funds to, and disbursed Funds will be paid on behalf of Recipient from an account administered by, a Person other than Recipient (the “Funding Agent”). For the avoidance of doubt, SEEA may be the Funding Agent for Funds disbursed to Recipient. Recipient hereby appoints SEEA or its delegate as Recipient’s agent for the purposes of receiving Funds from SEEA, disbursing Funds in accordance with the Project, returning unused Funds to SEEA or otherwise administering or investing the Funds on behalf of the recipient, and acknowledges that all actions taken by the Funding Agent in connection with such purposes will be undertaken as Recipient’s agent. In no event will the Funding Agent be liable to any Person for any failure by Recipient to comply with the terms and conditions of this Agreement or in connection with the receipt, disbursement, holding or administration of Funds.
Funding Agent. (a) Notwithstanding any provision of this Agreement and the other Operative Documents: (i) the Funding Agent shall not have any obligations other than those specifically set forth herein, and no implied obligations of the Funding Agent shall be read into this Agreement; and (ii) in no event shall the Funding Agent be liable under or in connection with this Agreement for indirect, special, or consequential losses or damages of any kind, including lost profits, even if advised of the possibility thereof and regardless of the form of action by which such losses or damages may be claimed. Neither the Funding Agent nor any of its directors, officers, agents or employees shall be liable for any action taken or omitted to be taken in good faith by it or them under or in connection with this Agreement, except for its or their own gross negligence or willful misconduct. Without limiting the foregoing, the Funding Agent (1) may consult with legal counsel (including counsel for the Secured Parties), independent public accountants and other experts selected by it and shall not be liable for any action taken or omitted to be taken in good faith by it in accordance with the advice of such counsel, accountants or experts, (2) shall not be responsible to the Secured Parties, Recco, the Seller or the Servicer for any statements, warranties or representations made in or in connection with this Agreement or the other Operative Documents, (3) shall not be responsible to the Secured Parties, Recco, the Seller or the Servicer for the due execution, legality, validity, enforceability, genuineness, sufficiency or value of this Agreement or the other Operative Documents, (4) shall incur no liability under or in respect of any of PARCO's commercial paper or other obligations of PARCO under this Agreement or the other Operative Documents and (5) shall incur no liability under or in respect of this Agreement or the other Operative Documents by acting upon any notice (including notice by telephone), consent, certificate or other instrument or writing (which may be by facsimile) reasonably believed by it to be genuine and signed or sent by the proper party or parties. Notwithstanding anything else herein or in the other Operative Documents, it is agreed that where the Funding Agent may be required under this Agreement or the other Operative Documents to give notice of any event or condition or to take any action as a result of the occurrence of any event or the existence of any conditi...
Funding Agent. If any payment to be made by any Borrower Party shall come due on a day other than a Business Day, payment shall be made on the next following Business Day, and such extension of time shall be reflected in computing interest or fees, as the case may be. Each Funding Agent agrees to use reasonable efforts to apply the amounts received in respect of such repayments to the outstanding Loans of the Lenders members of its Lender Group so as to minimize broken funding payments payable pursuant to Section 4.05.
Funding Agent. The Employer will have the power to appoint and remove the Funding Agent. The Funding Agent will have the authority and discretion to manage, control and invest (to the extent not directed by the Participants) the assets of the Plan placed in its control. The determination of any transfers or payments to be made by the Funding Agent will be made in accordance with the terms of the Plan and any Contract or Contracts between the Trustee and the Funding Agent.
Funding Agent. (i) Chase acts as Funding Agent and as administrative agent for the Purchaser, as issuing and paying agent for the Purchaser's commercial paper notes, as provider of other backup facilities for the Purchaser, and may provide other services or facilities from time to time (the "CHASE ROLES"). Each of the parties hereto hereby acknowledges and consents to any and all Chase Roles (other than an actual conflict of interest arising from Chase's activities as Custodian which has a material adverse effect on the Issuer), waives any objections it may have to any actual or potential conflict of interest caused by Chase's acting as the Funding Agent or as an APA Bank under the Asset Purchase Agreement and acting as or maintaining any of the Chase Roles, and agrees that in connection with any Chase Role, Chase may take, or refrain from taking, any action which it in its discretion deems appropriate.
Funding Agent. The Chase Manhattan Bank 000 Xxxx 00xx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxxxx Fax: 000-000-0000 S&P: Standard & Poor's Ratings Service 00 Xxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxxx Xxxxxxx Fax: 000-000-0000 Moody's: Xxxxx'x Investors Service 00 Xxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxxxxx Xxxxx Fax: 000-000-0000 Initial Purchaser: Park Avenue Receivables Corporation c/o Global Securitization Services, LLC 000 Xxxx 00xx Xxxxxx, Xxxxx 0000 Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxxxx Fax: 000-000-0000 WITH A COPY TO: Chase Securities Inc. 000 Xxxx Xxxxxx, 0xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxxxxx Fax: 000-000-0000
Funding Agent. The Funding shall be made solely by MedPlus. UDMS shall deal directly with MedPlus, shall reimburse MedPlus with respect to the Funding and shall be entitled to rely upon MedPlus with respect to all matters relating to the Funding.
