Examples of Disbursing Agent Agreement in a sentence
As soon as practicable after entry into the Disbursing Agent Agreement and the Escrow Agreement, the Reorganized Debtors shall deliver, or shall cause to be delivered, to the Unsecured Claim Disbursing Agent, the initial $86.3 million portion of the General Unsecured Cash Fund, which shall be funded from the proceeds of the Sale Leaseback, the proceeds of the Senior Subordinated Notes, and/or cash on hand.
The Disbursing Agent Agreement shall provide that the bank in which the Escrow Account is held shall maintain collateral in an amount of no less than 115% of the aggregate funds on deposit in the Escrow Account that exceeds the Federal Deposit Insurance Corporation insurance limit.
The General Unsecured Cash Fund shall be held in the Escrow Account (as defined in the Escrow Agreement) established pursuant to the Escrow Agreement, and such Escrow Account shall be administered by the Unsecured Claim Disbursing Agent (as defined in the Disbursing Agent Agreement), in accordance with the terms of the Plan, the Disbursing Agent Agreement, the Escrow Agreement, and this Order solely for the benefit of holders of Allowed General Unsecured Claims.
Transfer Agent, Registrar and Disbursing Agent Agreement dated July 18, 2012 between the Company and Equity Financial Trust Company.
Transfer Agent, Registrar and Dividend Disbursing Agent Agreement between the Corporation and Odyssey Trust Company.