Examples of Collateral Notice in a sentence
A Contingent Collateral Notice may only be delivered if the balance of the Demand Loan (determined in accordance with Section 3.2 without regard to the related Contingent Collateral Amount) at such time exceeds the related Contingent Collateral Amount.
Terms defined in the Intercompany Loan Agreement, whether directly or by reference, shall have the same meaning in this Contingent Collateral Notice.
As soon as practicable, (x) the Collateral Agent shall deliver a copy of the Collateral Notice to the Administrative Agent and (y) the Administrative Agent shall deliver a copy of any such received Collateral Notice to the Banks and further notify the Banks of such determination described above of the Collateral Agent.
The Collateral Agent agrees to deliver promptly to the Company and each Bank a written confirmation of any telephonic Collateral Notice which is given on a Borrowing Date.
UNDP enters into financing agreements to evidence a promise of a future revenue resource.