Process Agent Letter. A letter from the process agent agreeing to the terms of Section 10.18.
Process Agent Letter from the process agent appointed by Lessee accepting such appointment, together with an irrevocable power of attorney for lawsuits and collections granted to such process agent, and duly granted before a Mexican notary public under Mexican law;
Process Agent Letter. A letter from the process agent appointed by Lessee pursuant to Section 18.3 accepting such appointment, duly executed by such process agent.
Process Agent Letter. The Administrative Agent shall have received a letter, in form and substance reasonably satisfactory to it, from the Process Agent as provided in Section 11.09(d). In the event that no Credit Extension is made on the Closing Date, the Administrative Agent shall deliver on the Closing Date a written notice to Borrower confirming the occurrence of the Closing Date.
Process Agent Letter. Unless the lessee is domiciled in the jurisdiction (or otherwise subject to the jurisdiction of its courts) chosen as a venue for resolution of disputes (such as an English airline where the courts of England are chosen in the lease as having jurisdiction over any disputes that arise under the lease), a letter from an agent for the lessee agreeing to act as its agent for service of process within such jurisdiction should be obtained. 174 Article 6 of the Chicago Convention requires permission or authorization of a state for scheduled international service over or into its territory. Accordingly, the majority of international scheduled fights are regulated by international bilateral or multilateral air transport agreements. Vide Xxxxxx X X, International Aircraft Financing, Volume 1: General Principles, IATA, 2005, at 367. 175 Study on Aircraft Leasing, Air Transport Committee, 156th Session of the Council, ICAO, 1999, 4.3-4.14. 176 This need not necessarily be from an independent law firm retained by the lessee but may, if the lessor agrees, be from in-house legal counsel in the employment of the lessee. The lessee should likewise require a similar letter from the lessor. Without such a letter, a party seeking to sue the other may be subject to cumbersome procedures to serve a party outside the relevant court’s jurisdiction. Even with such a letter, without substantial assets in such jurisdiction, the value of any favorable judgment will depend on the ability of the victorious plaintiff to enforce such judgment in a jurisdiction where the other party has indeed substantial assets.
Process Agent Letter. A letter from the Process Agent setting forth its consent to serve as process agent for each Loan Party for purposes of the Loan Documents. The Lender shall notify the Loan Parties of the Closing Date, and such notice shall be conclusive and binding.
Process Agent Letter a letter from the Process Agent (as hereinafter defined) confirming its acceptance of the appointment of agent for service of process by Lessee pursuant to this Lease; * The confidential portion has been omitted pursuant to a request for confidential treatment filed by Air T, Inc. with the Securities Exchange Commission and filed separately with the Commission.
Process Agent Letter. Buyer shall have received a letter from the Process Agent, in form and substance satisfactory to Buyer, accepting appointment as agent of the Sellers and Intangible Assets, LLC for service of Process pursuant to Section 9.4(c) of this Agreement, and pursuant to the Stock Purchase Agreement and the Transition Services Agreement.
Process Agent Letter. The Administrative Agent shall have received a letter from each of Comercial, Vitrocrisa and Vitro, in each case substantially in the form of Exhibit E, confirming its appointment of the Process Agent as agent for each such Person to accept service of process in connection with the transactions contemplated by the Transaction Documents, together with the countersignature of the Process Agent indicating its consent to serve in such capacity.
Process Agent Letter. The Agent shall have received with counterparts for each Lender a letter from CT Corporation Systems, in form and substance satisfactory to the Agent, dated the Sixth Amendment Effective Date, whereby CT Corporation Systems acknowledges and accepts its appointment by the Borrower under the Credit Agreement (after giving effect to the effectiveness of this Amendment), as agent for service of process.
