Pursuant to Clause. 30.3 (Resignation of a Borrower), we request that [resigning Borrower] be released from its obligations as a Borrower under the Agreement.
Pursuant to Clause. 20 (Power of Attorney), the Security Trustee may, upon the occurrence of an Insolvency Event of Default and shall, if so instructed pursuant to the Security Trust and Intercreditor Deed upon or at any time after the occurrence of any Event of Default which is continuing, deliver to relevant persons Notices of Charge duly executed by the Security Trustee on behalf of the Company in respect of any Accounts falling within the ambit of the security created pursuant to Clause 3 (Fixed Charges, Assignments and Floating Charge).
Pursuant to Clause. 13.2 above, the Service Provider shall keep full and accurate records of all costs associated with the provision of the Services to Transnet, in a form to be approved in writing by Transnet. The Service Provider shall produce such records to Transnet for inspection at all reasonable times on request and such records may, at Transnet's option, be audited by Transnet or its designated representatives.
Pursuant to Clause. 4.1 of the PSSA, the Investors shall deposit the Subscription Price into the Escrow Account in accordance with payment instructions specified by FS at its sole discretion (the “Escrow Amount”).
Pursuant to Clause. 2.1 of the Collateral Agency Agreement, the Pledgee shall be the joint creditor (together with the relevant Noteholder) of each and every obligation of the Pledgor, as guarantor, towards each of the Noteholders under the Pledgor Subsidiary Guaranty and the other Credit Documents to which it is a party, and accordingly the Pledgee will have its own independent right to demand performance by the Pledgor of those obligations. There is as a result a joint creditorship under New York law between the Noteholders and the Pledgee with regard to the sums owed under the Pledgor Subsidiary Guaranty and the other Credit Documents.
Pursuant to Clause. 12.01, the Employer will notify the Employee in writing prior to the completion of the probationary period of an extension of his probationary period and shall give the reason(s) for the extension. The Employer shall offer the Employee counselling to assist him to become suitable for permanent appointment.