Arranging Institution definition
Examples of Arranging Institution in a sentence
Borrower hereby authorizes and directs each Arranging Institution to deliver to Agent all instruments, documents, and other writings and property received by such Arranging Institution pursuant to any Hedging Agreements, and, following Agent's notification to such Arranging Institution that an Event of Default has occurred, to accept and rely upon Agent's instructions and agreements with respect to all matters arising in connection with such Hedging Agreement and the related application.
The determination by any Arranging Institution or Agent, as the case may be, of any amount due pursuant to this Section 2.3(f), as set forth in a certificate setting forth the calculation thereof in reasonable detail, shall, in the absence of manifest or demonstrable error, be final and conclusive and binding on all of the parties hereto.