Bailee Letter definition
Bailee Letter has the meaning assigned to such term in the Custodial Agreement.
Bailee Letter shall have the meaning assigned thereto in the Security Agreement.
Bailee Letter shall be an agreement in form substantially similar to Exhibit 9 annexed hereto.
Examples of Bailee Letter in a sentence
With respect to any Wet Purchased Asset or any other Purchased Asset for which the applicable Seller has delivered a Bailee Letter, if approved by Buyer in its sole discretion, the related Bailee shall have confirmed possession of the related Purchased Asset File in accordance with the related Bailee Letter.
More Definitions of Bailee Letter
Bailee Letter means a bailee letter substantially in the form of Exhibit F to the Security Agreement.
Bailee Letter means a bailee letter in form and substance reasonably satisfactory to the Administrative Agent.
Bailee Letter means an agreement in form substantially similar to Exhibit 7 to the U.S. Security Agreement or otherwise in form and substance reasonably satisfactory to the Collateral Agent.
Bailee Letter. The meaning specified in Section 12.4(b)(v) hereof.
Bailee Letter means a bailee letter substantially in the form prescribed by the Custodial Agreement or otherwise approved in writing by Buyer.
Bailee Letter has the meaning set forth in Section 3.3 hereof.
Bailee Letter means a letter from an Acceptable Attorney or from a Title Company, or another Person acceptable to Buyer in its sole and absolute discretion, in the form attached to this Agreement as Exhibit IX, wherein such Acceptable Attorney, Title Company or other Person described above in possession of a Purchased Asset File (i) acknowledges receipt of such Purchased Asset File, (ii) confirms that such Acceptable Attorney, Title Company, or other Person acceptable to Buyer is holding the same as bailee of Buyer under such letter and (iii) agrees that such Acceptable Attorney, Title Company or other Person described above shall deliver such Purchased Asset File to the Custodian by not later than the second (2nd) Business Day following the Purchase Date for the related Purchased Asset.