Settlement agent. You will notify us of all relevant details required by us of your settlement agent in respect of Transactions which may be subject to securities delivery obligations. You will procure that your settlement agent enters into such other documentation as may be necessary to ensure that the clearing and settlement of such Transactions takes effect without liability to us.
Settlement agent a.The Customer hereby appoints TCS and authorizes TCS to act as the Settlement Agent for the Customer in the SCD Service, and TCS hereby acknowledges, confirms and agrees to such appointment and authorization by the Customer.
Settlement agent. Prior to the Closing Date, Growth Partners, CEOC and the Sellers shall enter into a settlement and escrow agreement (the “Settlement Agreement”) with a bank, trust company or other financial institution as may be designated by CEC and reasonably acceptable to Growth Partners (the “Settlement Agent”), which shall appoint the Settlement Agent as the agent to receive and/or hold, in separate accounts, (i) the Purchase Price, for the benefit of the Sellers and to be paid to CEOC at the Closing by direction of the Sellers and (ii) the Holdback Amount, if any, in accordance with the terms of this Agreement and the Settlement Agreement.
Settlement agent. The Settlement Agent closing the applicable Mortgage Loan (a) is not affirmatively disapproved in writing or otherwise ineligible to provide settlement services for Seller by any of Seller’s other warehouse lenders or any Agency, in each case, in place on the Effective Date or in place on any date thereafter; (b) is not currently facing a claim in one instance or in the aggregate for fraud or misappropriation of funds by a single agent of the Settlement Agent (a “Sole Agent”) in excess of [***] unless such Sole Agent has been terminated from acting as an agent for the Settlement Agent; (c) since September 16, 2011, has not faced a claim where it was held liable in one instance or in the aggregate for fraud or misappropriation of funds in excess of [***] (d) is not currently facing a claim in one instance or in the aggregate for fraud or misappropriation of funds in excess of [***] (e) is not the subject of an Insolvency Event, provided that an involuntary petition filed against such Settlement Agent in any bankruptcy court shall not constitute an “Insolvency Event” for purposes of this provision unless (i) such involuntary petition has not been dismissed within sixty (60) days after its filing, or (ii) such involuntary filing causes a disapproval as described in clause (a) above, and (f) is not suffering a material adverse effect upon its Property, business, operations or financial condition and such material adverse effect has not been cured within ten (10) days after notice of such event to Seller.
Settlement agent. An entity providing settlement accounts to institutions and central counterparties and executing their [transfer orders]2) and, as the case may be, extending credit to them for this purpose.
Settlement agent. Purchaser and Seller agree that Settlement Agent assumes no responsibility for the performance of this Agreement by the parties hereto, and shall only be liable for the application of the Deposit and the Release, recordation of documents, and disbursement of Settlement proceeds in accordance with the terms hereof.
Settlement agent. (s) means a Participant accepted by the CSD as a participant in terms of section 31 of the Financial Markets Act, and who is approved by the CSD as a settlement agent to perform electronic settlement of both funds and scrip on behalf of market participants;
Settlement agent. The transaction contemplated by this Agreement shall be consummated and proceed to Settlement through the offices of Escrow Agent, as the Settlement Agent and Title Company, on or before the Settlement Date, which shall act as the “Settlement Agent” for the parties. Funds shall be deposited by Purchaser with and held by Settlement Agent. Upon Settlement, title and, subject to the Company Leases, immediate possession to the Facilities and other Assets shall pass from Seller to Purchaser and the Settlement Agent shall deliver the Purchase Price to Seller in accordance with the written instructions provided to the Settlement Agent by Purchaser and/or Seller. This Agreement shall serve as the exclusive instructions to the Settlement Agent, and supplemental escrow instructions prepared by Purchaser and Seller, as the case may be, shall supplement this Agreement. In the event of a conflict between the terms of the Agreement and the terms of any supplemental escrow instructions, the terms of this Agreement shall control.
Settlement agent. 7 2.4 Covenants with respect to the IDP Service.................. 8 3.
Settlement agent. 7. Trade date; 8. Settlement date; 9. Aggregate commission or if a net trade; 10. Interest purchased or sold from interest bearing security; 11. Other fees; 12. Net proceeds of the transaction; 13. Exchange where trade was executed; 14. Currency for foreign trades; 15. Ticker symbol for domestic trades; and 16. Identified tax lot (if applicable). When opening accounts with brokers for, and in the name of, the Fund, the account must be a cash account. No margin accounts are to be maintained in the name of the Fund. Delivery instructions are as specified by the Custodians. The Custodians and Sub-Accounting Agent will supply the Subadvisor daily with a cash availability report via access to the Custodians website, or by email or by facsimile and the Sub-Accounting Agent will provide a five day cash projection. This will normally be done electronically or via facsimile machine so that the Subadvisor will know the amount available for investment purposes. SCHEDULE B ---------- RECORDS TO BE MAINTAINED BY THE SUBADVISOR
