Common use of The Valuation Agent Clause in Contracts

The Valuation Agent. Grantor shall use all commercially reasonable efforts to maintain a Valuation Agent to provide monthly reports on the Aggregate Required Collateral Amount at all times during the term of this Agreement. Grantor shall consult with ▇▇▇▇▇▇▇ Mac prior to designating any Valuation Agent or any successor thereto. Grantor shall notify Collateral Trustee and ▇▇▇▇▇▇▇ Mac immediately if there is no Valuation. Agent because of its resignation, termination, discharge, replacement, removal, or any other circumstance.

The Valuation Agent. Grantor shall use all commercially reasonable efforts to maintain a Valuation Agent to provide monthly reports on the Aggregate Required Collateral Amount at all times during the term of this Agreement. Grantor shall consult with ▇▇▇▇▇▇▇ Mac prior to designating any Valuation Agent or any successor thereto. Grantor shall notify Collateral Trustee and ▇▇▇▇▇▇▇ Mac immediately if there is no Valuation. Valuation Agent because of its resignation, termination, discharge, replacement, removal, or any other circumstance.