Collateral Custodian definition

Collateral Custodian means U.S. Bank National Association, solely in its capacity as collateral custodian, together with its successors and permitted assigns in such capacity.

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Collateral Custodian. ▇▇▇▇▇ Fargo Bank, National Association, not in its individual capacity, but solely as Collateral Custodian, its successor in interest pursuant to Section 8.3 or such Person as shall have been appointed Collateral Custodian pursuant to Section 8.5.

Collateral Custodian means ▇▇▇▇▇ Fargo, not in its individual capacity, but solely as collateral custodian pursuant to the terms of this Agreement.

Examples of Collateral Custodian in a sentence

• Upon the Collateral Custodian’s receipt of a Collateral Custodian Termination Notice from the Administrative Agent of the designation of a successor Collateral Custodian pursuant to the provisions of Section 7.5, the Collateral Custodian agrees that it will terminate its activities as Collateral Custodian hereunder.

• The Document Custodian’s entitlement to receive fees (other than any previously accrued and unpaid fees) shall cease on the earlier to occur of: (a) its removal as Document Custodian and the appointment and acceptance by the successor Document Custodian pursuant to Section 14.5, (b) its resignation as Collateral Custodian pursuant to Section 14.7 of this Agreement or (c) the termination of this Agreement.

• The Administrative Agent shall determine the Interest (including unpaid Interest related thereto, if any, due and payable on a prior Payment Date) to be paid by the Borrower on each Payment Date for the related Accrual Period and shall advise the Collateral Manager and the Collateral Custodian thereof on the third Business Day prior to the Reporting Date for such Payment Date.

• The execution and delivery of this Agreement, the performance of the Transactions contemplated hereby to be performed by it and the fulfillment of the terms hereof applicable to it will not conflict with or violate, in any material respect, any Applicable Law as to the Collateral Custodian.

• Upon the Borrower’s receipt of notice (which it shall forward to the Collateral Custodian) of the commencement of a Benchmark Unavailability Period, all Advances that bear interest at Adjusted Term SOFR shall be deemed to be an Advance that bears interest at the Base Rate.

More Definitions of Collateral Custodian

Collateral Custodian has the meaning given to such term in the Preamble.

Collateral Custodian means The Bank of New York Mellon Trust Company, N.A., formerly known as BNY Midwest Trust Company, in its capacity as Collateral Custodian under the Custody Agreement, together with its successors and assigns.

Collateral Custodian means ▇▇▇▇▇ Fargo Bank, National Association, not in its individual capacity, in its capacity as collateral custodian for the Administrative Agent and the Lenders pursuant to the terms of this Agreement, together with its successors and permitted assigns, including any successor appointed pursuant to Article IX.

Collateral Custodian means U.S. Bank, not in its individual capacity, but solely as collateral custodian pursuant to the terms of this Agreement.

Collateral Custodian means Computershare Trust Company, National Association, as Collateral Custodian, or another collateral custodian named from time to time in the Collateral Custodian Agreement.

Collateral Custodian means any and each of (i) Branch Banking and Trust Company, in its capacity as Collateral Custodian under the Custodial Agreement to which it is a party, together with its successors and permitted assigns and (ii) any other Person acting as a collateral custodian with respect to any Collateral under any Custodial Agreement entered into in accordance with the terms of this Agreement. Notwithstanding the foregoing, the Collateral Custodian shall at all times be satisfactory to the Administrative Agent, in its reasonable discretion.

Collateral Custodian. ▇▇▇▇▇ Fargo Bank, National Association, as Collateral Custodian, or another collateral custodian named from time to time in the Collateral Custodian Agreement.