Examples of Account Administration Agreement in a sentence
Pursuant to and subject to the terms of the Account Administration Agreement, on each Business Day all amounts constituting Collections on deposit in the Customer Payment Account are to be transferred by the Account Collateral Agent to the Collections Account.
This Agreement constitutes the entire agreement between the parties with respect to the use of Property Online, unless an Account Administration Agreement affecting the User has been executed by an Enterprise and the Minister, in which case this Agreement and the Account Administration Agreement, including their respective Schedules and amendments, constitute the entire agreement between the parties with respect to the use of Property Online.
Within three (3) Business Days after receiving direction from the Required Lenders, each of the Agent and the Borrower (acting at the direction of the Agent) shall sever itself as a “Beneficiary” under the Customer Collections Account Administration Agreement (the “Customer Collections Account Administration Agreement Severance”) in accordance with Section 11(c) thereof and deliver the Payment Notice/Lessor Rights Notice to any and all Lessees with respect to any and all of the Portfolio Leases.
Each party hereto hereby acknowledges that it has received a copy of the Interim Collection Account Administration Agreement and consents to the entry into the Interim Collection Account Administration Agreement by each of the parties thereto.
Shanghai Pudong Development Bank Group Account Administration Agreement entered into by and between Shanghai Pudong Development Bank Zhang Jiang Branch and Shanghai Shanda Networking Co., Ltd.
The Borrower also shall notify and instruct each Lessee that all payments due or to become due under each Portfolio Lease (except for Excepted Payments (which shall be payable to the Persons for whose benefit any such payment is made)) or otherwise in respect of amounts and other receivables of the Borrower are to be made directly to the Customer Payments Account (or, after the occurrence of the Customer Collections Account Administration Agreement Severance, the Collection Account).
Where an Account Administration Agreement with an Enterprise is in place, the payment provisions set out in this Section will not apply, and the payment provisions in the Account Administration Agreement will apply in their place.
After PJ LLC was formed in July 2002, the PJ Account Participants were required to sign an Account Administration Agreement on or about April 2, 2003.
All of the money from the existing PJ account at BLMIS was transferred to an account in the name of this new vehicle—PJ Administrator, L.L.C. At that time, each individual or entity that invested in the PJ Vehicle was required to sign an Account Administration Agreement that substantially limited any past and future liability to the PJ Account Participants (defined below) relating to the BLMIS investment.
In addition to making PJ Account Participants sign an Account Administration Agreement, one or more of the American Securities Insiders opened PJ Account 1KW387 in the name of PJ LLC and, in or about July 2003, most, if not all of the funds reportedly in PJ Account 1KW172 were transferred to PJ Account 1KW387.