Notification of balances. 7(seven) business days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Concessionaire and/or the Lenders’ Representative as to the relevant Payment Dates), the Escrow Bank shall notify the Lenders’ Representative of the balances in the Escrow Account and Sub-Accounts as at the close of business on the immediately preceding business day.
Appears in 3 contracts
Samples: Escrow Agreement, Escrow Agreement, Escrow Agreement
Notification of balances. 7(seven7 (seven) business days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Concessionaire Operator and/or the Lenders’ ' Representative as to the relevant Payment Dates), the Escrow Bank shall notify the Lenders’ ' Representative of the balances in the Escrow Account and Sub-Accounts as at the close of business on the immediately preceding business day.
Appears in 3 contracts
Notification of balances. 7(seven7 (seven) business days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Concessionaire Implementation Agency and/or the Lenders’ Representative Authority as to the relevant Payment Dates), the Escrow Bank shall notify the Lenders’ Representative Authority of the balances in the Escrow Account and Sub-Accounts as at the close of business on the immediately preceding business day.
Appears in 3 contracts
Samples: Escrow Agreement, Escrow Agreement, Escrow Agreement
Notification of balances. 7(seven7 (seven) business days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Concessionaire and/or the Lenders’ Lenders‟ Representative as to the relevant Payment Dates), the Escrow Bank shall notify the Lenders’ Representative of the balances in the Escrow Account and Sub-Accounts as at the close of business on the immediately preceding business day.
Appears in 2 contracts
Samples: Escrow Agreement, Escrow Agreement
Notification of balances. 7(seven7 (seven) business days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Concessionaire and/or the Lenders’ Representative as to the relevant Payment Dates), the Escrow Bank shall notify the Lenders’ Representative of the balances in the Escrow Account and Sub-Accounts as at the close of business on the immediately preceding business day.
Appears in 2 contracts
Notification of balances. 7(seven7 (seven) business days Business Days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Concessionaire and/or the Lenders’ Lenders‟ Representative as to the relevant Payment Dates), the Escrow Bank shall notify the Lenders’ Lenders‟ Representative of the balances in the Escrow Account and Sub-Sub- Accounts as at the close of business on the immediately preceding business day.
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
Notification of balances. 7(seven7 (seven) business days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Concessionaire BBMP and/or the Lenders’ Representative Service Provider as to the relevant Payment Dates), the Escrow Bank shall notify the Lenders’ Representative BBMP of the balances in the Escrow Account and Sub-Accounts as at the close of business on the immediately preceding business day.
Appears in 1 contract
Samples: Escrow Agreement
Notification of balances. 7(seven7 (seven) business days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Concessionaire and/or the Lenders’ Representative Operator as to the relevant Payment Dates), the Escrow Bank shall notify the Lenders’ Representative Temple office of the balances in the Escrow Account and Sub-Accounts as at the close of business on the immediately preceding business day.
Appears in 1 contract
Samples: Agreement
Notification of balances. 7(seven7 (seven) business days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Concessionaire and/or the Lenders’ Representative Operator as to the relevant Payment Dates), the Escrow Bank shall notify the Lenders’ Representative Operator of the balances and any anticipated shortfall in the Escrow Account and Sub-Accounts as at the close of business on the immediately preceding business day. In the event of any such shortfall, the Operator shall meet the same by crediting adequate sums to the Escrow Account from its own financial sources.
Appears in 1 contract
Samples: Escrow Agreement
Notification of balances. 7(seven7 (seven) business days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Concessionaire and/or the Lenders’ Representative as to the relevant Payment Dates), the Escrow Bank shall notify the Lenders’ Representative of the balances in the Escrow Account and Sub-Sub- Accounts as at the close of business on the immediately preceding business day.
Appears in 1 contract
Samples: Escrow Agreement
Notification of balances. 7(seven7 (seven) business days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Concessionaire Licensee and/or the Lenders’ Representative as to the relevant Payment Dates), the Escrow Bank shall notify the Lenders’ Representative of the balances in the Escrow Account and Sub-Accounts as at the close of business on the immediately preceding business day.
Appears in 1 contract
Samples: Format for Escrow Agreement
Notification of balances. 7(seven7 (seven) business days prior to each Payment Date payment date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Concessionaire and/or the Lenders’ Representative as to the relevant Payment Datespayment dates), the Escrow Bank shall notify the Lenders’ Representative of the balances in the Escrow Account and Sub-Accounts as at the close of business on the immediately preceding business day.
Appears in 1 contract
Samples: Escrow Agreement
Notification of balances. 7(seveni. 7 (seven) business days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Concessionaire and/or the Lenders’ Representative as to the relevant Payment Dates), the Escrow Bank shall notify the Lenders’ Representative of the balances in the Escrow Account and Sub-Sub- Accounts as at the close of business on the immediately preceding business day.
Appears in 1 contract
Samples: Draft Concession Agreement
Notification of balances. 7(seven7 (seven) business days Business Days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Concessionaire Contractor and/or the Lenders’ Representative Government as to the relevant Payment Dates), the Escrow Bank shall notify the Lenders’ Representative Government of the balances in the Escrow Account and Sub-Accounts as at the close of business on the immediately preceding business day.
Appears in 1 contract
Samples: Model Revenue