Specified Account Debtors Sample Clauses

Specified Account Debtors. The account debtors of the Borrower specifically disclosed in writing to the Agents and the Banks pursuant to a letter from the Borrower to the Agents and the Banks delivered as of the Closing Date (the "Specified Account Debtor Letter") so long as the Agents shall not have notified the Borrower in writing that the Agents shall have determined in their discretion that any such Person shall no longer constitute a Specified Account Debtor or shall constitute a Specified Account Debtor under a different heading as set forth on the Specified Account Debtor Letter. Specified Account Debtor Letter. See the definition of Specified Account Debtors.
Sample 1Sample 2
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Specified Account Debtors. Company Concentration Limit • Anheuser-Xxxxx Inc. 30 % • Rexam Beverage Can Company 30 % • Ball Metal Beverage Container Corp. 20 % Schedule 1.01(e) Excluded Collateral Subsidiaries United States • Eurofoil, Inc. Germany • Novelis Aluminum Beteiligungs GmbH Brazil • Albrasilis Aluminio do Brasil Indústria e Comércio Ltda. France • Novelis Foil France SAS • Novelis Laminés France SAS Malaysia • Al Dotcom Sdn Berhad • Alcom Nikkei Specialty Coatings Sdn Berhad India • Novelis (India) Infotech Ltd. Belgium • Novelis Belgique SA • Novelis Benelux N.V. Mexico • Novelis de Mexico, S.A. de C.V. Italy • Novelis Italia SpA Schedule 1.01(f) Excluded Subsidiaries Ireland • Novelis Aluminium Holding Company Brazil • Albrasilis Aluminio do Brasil Indústria e Comércio Ltda. • Novelis do Brasil Ltda. Portugal (Madeira) • Novelis Madeira, Unipessoal, Lda Luxembourg • Novelis Luxembourg SA France • Novelis Foil France S.A.S. • Novelis Laminés France SAS • Novelis PAE S.A.S. Malaysia • Al Dotcom Sdn Berhad • Alcom Nikkei Specialty Coatings Sdn Berhad • Aluminum Company of Malaysia Berhad India • Novelis (India) Infotech Ltd. Belgium • Novelis Belgique SA • Novelis Benelux N.V. Mexico • Novelis de Mexico, S.A. de C.V. Italy • Novelis Italia SpA Korea • Novelis Korea Ltd. Schedule 1.01(g)
Sample 1
Specified Account Debtors. Company Anheuser-Xxxxx InBev Rexam Ball Corp. Jaguar Land Rover / Tata Motors BMW Volkswagen / Audi Ford Schedule 1.01(e) Excluded Collateral Subsidiaries United States • Eurofoil, Inc. (USA) Germany • Novelis Aluminum Beteiligungs GmbH Brazil • Albrasilis Aluminio do Brasil Indústria e Comércio Ltda. France • Novelis Laminés France SAS Malaysia • Al Dotcom Sdn Berhad • Alcom Nikkei Specialty Coatings Sdn Berhad India • Novelis (India) Infotech Ltd. Mexico • Novelis de Mexico, S.A. de C.V. Italy • Novelis Italia SpA Schedule 1.01(f) Excluded Subsidiaries Ireland • Novelis Aluminium Holding Company Brazil • Albrasilis Aluminio do Brasil Indústria e Comércio Ltda. • Novelis do Brasil Ltda. • Xxxxx Energetica Ltda • Brecha Energetica Ltda • Maynart Energetica Ltda Portugal (Madeira) • Novelis Madeira, Unipessoal, Lda France • Novelis Laminés France SAS • Novelis PAE S.A.S. Malaysia • Al Dotcom Sdn Berhad • Alcom Nikkei Specialty Coatings Sdn Berhad • Aluminum Company of Malaysia Berhad India • Novelis (India) Infotech Ltd. Mexico • Novelis de Mexico, S.A. de C.V. Italy • Novelis Italia SpA Korea • Novelis Korea Ltd. China • Novelis (Shanghai) Aluminum Trading Company • Novelis (China) Aluminum Products Co. Ltd. Dubai • Novelis MEA Ltd Vietnam • Novelis Vietnam Company Limited • Schedule 1.01(g) Joint Venture Subsidiaries • Malaysia • Aluminum Company of Malaysia Berhad Schedule 2.18 Existing Letters of Credit Bank Beneficiary L/C Number Face Amount Expiration Date Royal Bank of Scotland Xxxxxxxxxxxx Xxxxxxxxxxxx XXX0000XX 400,000 EUR Evergreen Xxxxx Xxxx xx Xxxxxxxx XXX Xxxxxxxxxxxxxxxxxxx-XX XXX0000XX 24,000 EUR 10/2/2014 Royal Bank of Scotland ExxonMobil LCA2591NY 750,000 EUR 12/31/2014 Xxxxx Xxxx xx Xxxxxxxx Xxxxx & Xx Xxxxxxxx XXX0000XX 200,000 CHF 9/30/2020 Xxxxx Xxxx xx Xxxxxxxx Xxxxx & Xx Xxxxxxxx XXX0000XX 300,000 CHF 9/30/2020 Xxxxx Xxxx xx Xxxxxxxx Xxxxx xxx Xx XXX0000XX 100,000 CHF 5/30/2020 Royal Bank of Scotland Dalian Huichbeng Aluminum Co. 223,500 EUR 10/14/2014 Royal Bank of Scotland Xxxxxxx Xxxxxxx SPA 385,000 EUR 11/15/2014 Royal Bank of Scotland China Xxx Xxx International 65,000 EUR 2/25/2015 Royal Bank of Scotland China Xxx Xxx International 6,500 EUR 2/25/2015 Royal Bank of Scotland China Xxx Xxx International 5,200 EUR 2/25/2015 Royal Bank of Scotland Baotou China 149,050 EUR 4/3/15 Royal Bank of Scotland Constellium NH 120,000 EUR 4/9/15 Royal Bank of Scotland Guihai China 62,173 EUR 4/9/15 Royal Bank of Scotland Constellium Frans SAS ...
Sample 1
Specified Account Debtors. Company Concentration Limit § Anheuser-Xxxxx Inc. 30 % § Rexam Beverage Can Company 30 % § Ball Metal Beverage Container Corp. 20 % Schedule 1.01(e)
Sample 1
Specified Account Debtors. The Borrower shall have delivered a proposed initial list of Specified Account Debtors to the Lender, and the Lender shall have indicated in writing to the Borrower which Account Debtors on such list shall not constitute Specified Account Debtors, and such list, as so edited by the Lender, shall constitute the initial list of Specified Account Debtors.
Sample 1

Related to Specified Account Debtors

  • Notice to Account Debtors Lender may, at any time after an Event of Default, notify the account debtors and obligors of any accounts, chattel paper, negotiable instruments or other evidences of indebtedness to Borrower included in the Property to pay Lender directly. Borrower shall at any time or from time to time upon the request of Lender provide to Lender a current list of all such account debtors and obligors and their addresses.

  • Notification of Account Debtors MLBFS may notify any Account Debtor that its Account or Chattel Paper has been assigned to MLBFS and direct such Account Debtor to make payment directly to MLBFS of all amounts due or becoming due with respect to such Account or Chattel Paper; and MLBFS may enforce payment and collect, by legal proceedings or otherwise, such Account or Chattel Paper.

  • Account Debtor The words "Account Debtor" mean the person or entity obligated upon an Account.

  • Accounts Receivable; Accounts Payable All accounts receivable of Emergent and its Subsidiaries reflected in the Interim Financial Statements and all accounts receivable that are reflected on the books of Emergent and its Subsidiaries as of the Closing Date (net of allowances for doubtful accounts as reflected thereon and as determined in accordance with GAAP) are obligations arising from sales actually made or services actually performed in the Ordinary Course of Business arising in connection with bona fide arm’s length transactions with Persons who are not Affiliates of Emergent or any of its Subsidiaries, constitute valid undisputed claims and are not, by their terms, subject to defenses, set-offs or counterclaims. Neither Emergent nor any of its Subsidiaries has received written notice from or on behalf of any obligor of any such accounts receivable that such obligor is unwilling or unable to pay a material portion of such accounts receivable. All accounts payable and notes payable of Emergent and its Subsidiaries arose in bona fide arm’s length transactions in the Ordinary Course of Business and with Persons who are not Affiliates of Emergent or any of its Subsidiaries, and no such account payable or note payable is materially delinquent in its payment.

  • Lockbox Accounts The names and addresses of all the Lockbox Banks, together with the account numbers of the Lockbox Accounts of the Seller at each Lockbox Bank and the post office box numbers of the lockboxes, are listed on Schedule 6.1(o) (or have been notified to and approved by the Agents in accordance with Section 7.3(d)) and are the only post office boxes and accounts into which Collections of Receivables are deposited or remitted. The Seller has not granted any Person, other than the Administrative Agent for the benefit of the Secured Parties as contemplated by this Agreement, control of any lockbox or Lockbox Account, or the right to take control of any such lockbox or Lockbox Account at a future time.

  • Direction to Account Debtors; Contracting Parties; etc Upon the occurrence and during the continuance of an Event of Default, if the Collateral Agent so directs any Grantor, such Grantor agrees (i) to cause all payments on account of the Accounts and Contracts to be made directly to a cash account held by the Collateral Agent (the “Cash Collateral Account”), (ii) that, upon concurrent notice to such Grantor, the Collateral Agent may directly notify the obligors with respect to any Accounts and/or under any Contracts to make payments with respect thereto as provided in the preceding clause (i), and (iii) that the Collateral Agent may enforce collection of any such Accounts and Contracts and may, in consultation with such Grantor, adjust, settle or compromise the amount of payment thereof, in the same manner and to the same extent as such Grantor. Without notice to or assent by any Grantor, the Collateral Agent may (at the direction of the holders of the Notes), upon the occurrence and during the continuance of an Event of Default, apply any or all amounts then in, or thereafter deposited in, the Cash Collateral Account toward the payment of the Indenture Obligations in the manner provided in Section 4.01 of the Indenture. The reasonable out-of-pocket costs and expenses of collection (including reasonable attorneys’ fees), whether incurred by a Grantor or the Collateral Agent, shall be borne by the relevant Grantor. The Collateral Agent shall deliver a copy of each notice referred to in the preceding clause (ii) to the relevant Grantor; provided, that (x) the failure by the Collateral Agent to so notify such Grantor shall not affect the effectiveness of such notice or the other rights of the Collateral Agent created by this Section 4 and (y) no such notice shall be required if an Event of Default of the type described in Sections 6.01(7) or (8) of the Indenture has occurred and is continuing.

  • Accounts Receivable; Inventory (a) For each Account with respect to which Advances are requested, on the date each Advance is requested and made, such Account shall be an Eligible Account.

  • Notes and Accounts Receivable All notes and accounts receivable of the Company are reflected properly on their books and records, are valid receivables subject to no setoffs or counterclaims, are current and collectible, and will be collected in accordance with their terms at their recorded amounts, subject only to the reserve for bad debts set forth on the face of the balance sheet included in the Interim Financial Statements (rather than in any notes thereto) as adjusted for the passage of time through the Closing Date in accordance with the past custom and practice of the Company.

  • Accounts Receivable and Accounts Payable 7 (a) General.....................................................7 (b)

  • Accounts Receivables Each existing Account constitutes, and each hereafter arising Account will, when such Account arises, constitute, the legally valid and binding obligation of the Account Debtor, except where the failure to do so could not reasonably be expected, individually or in the aggregate, to materially adversely affect the value or collectability of the Accounts included in the Collateral, taken as a whole. No Account Debtor has any defense, set-off, claim or counterclaim against any Grantor that can be asserted against the Administrative Agent, whether in any proceeding to enforce the Administrative Agent’s rights in the Accounts included in the Collateral, or otherwise, except for defenses, setoffs, claims or counterclaims that could not reasonably be expected, individually or in the aggregate, to materially adversely affect the value or collectability of the Accounts included in the Collateral, taken as a whole. None of the Grantors’ accounts receivables are, nor will any hereafter arising account receivable be, evidenced by a promissory note or other Instrument (other than a check) that has not been pledged to the Administrative Agent in accordance with the terms hereof.

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