Document Custodian Termination Notice definition

Document Custodian Termination Notice has the meaning set forth in Section 14.9(a).
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Document Custodian Termination Notice is defined in Section 13.05.
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Document Custodian Termination Notice provided that, notwithstanding its receipt of a Document Custodian Termination Notice, the Document Custodian shall continue to act in such capacity (and, for the avoidance of doubt, so long as it continues to act in such capacity, shall continue to receive any fees and any other amounts to which it is entitled to receive in such capacity under the terms of this Agreement and the Document Custodian Fee Letter) until a successor Document Custodian has been appointed and has agreed to act as Document Custodian hereunder.
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Examples of Document Custodian Termination Notice in a sentence

  • Until the Administrative Agent shall give to U.S. Bank a Document Custodian Termination Notice, U.S. Bank is hereby appointed as, and hereby accepts such appointment and agrees to perform the duties and obligations of, Document Custodian pursuant to the terms hereof.

  • Upon the Document Custodian’s receipt of a Document Custodian Termination Notice from the Administrative Agent of the designation of a successor Document Custodian pursuant to the provisions of Section 14.05, the Document Custodian agrees that it will terminate its activities as Document Custodian hereunder.

  • Upon the Document Xxxxxxxxx’s receipt of a Document Custodian Termination Notice from the Administrative Agent (acting at the direction of the Required Lenders) of the designation of a successor Document Custodian pursuant to the provisions of Section 14.5, the Document Custodian agrees that it will terminate its activities as Document Custodian hereunder.

  • Upon the Document Custodian’s receipt of a Document Custodian Termination Notice from the Administrative Agent of the designation of a successor Document Custodian pursuant to the provisions of Section 13.5, the Document Custodian agrees that it will terminate its activities as Document Custodian hereunder.

  • Upon the Document Custodian’s receipt of a Document Custodian Termination Notice from the Administrative Agent of the designation of a successor Document Custodian pursuant to the provisions of Section 13.05, the Document Custodian agrees that it will terminate its activities as Document Custodian hereunder.

  • In the case of a removal of the Document Custodian, if no successor custodian shall have been appointed and an instrument of acceptance by a successor custodian shall not have been delivered to the Document Custodian within 90 days after the giving of a Document Custodian Termination Notice, the Document Custodian may petition any court of competent jurisdiction for the appointment of a successor custodian.

  • Upon the Document Custodian’s receipt of a Document Custodian Termination Notice from the Administrative Agent of the designation of a successor Document Custodian pursuant to the provisions of Section 13.5 and Section 13.6, the Document Custodian agrees that it will terminate its activities as Document Custodian hereunder.

  • Until the Administrative Agent shall give to Citibank a Document Custodian Termination Notice, Citibank is hereby appointed as, and hereby accepts such appointment and agrees to perform the duties and obligations of, Document Custodian pursuant to the terms hereof.

  • Upon the Document Custodian’s receipt of a Document Custodian Termination Notice from the Administrative Agent of the designation of a successor Document Custodian pursuant to the provisions of Section 14.5, the Document Custodian agrees that it will terminate its activities as Document Custodian hereunder.

  • Until the Administrative Agent shall give to U.S. BankUSBNA a Document Custodian Termination Notice, U.S. BankUSBNA is hereby appointed as, and hereby accepts such appointment and agrees to perform the duties and obligations of, Document Custodian pursuant to the terms hereof.


More Definitions of Document Custodian Termination Notice

Document Custodian Termination Notice is defined in Section 14.05. “Dollar Equivalent” means, on any date of determination, (i) with respect to an Approved Foreign Currency, for an actual currency exchange, the applicable currency-Dollar spot rate obtained by the Collateral Manager through customary banking channels, including the Collateral Agent’s own banking facilities or (ii) with respect to an Approved Foreign Currency, for all other purposes, the applicable currency-Dollar spot rate obtained by the Collateral Manager through the Collateral Agent’s banking facilities for such currency at the opening of business on such day or (iii) with respect to an amount denominated in Dollars, such amount. None of the Administrative Agent, the Collateral Administrator or the Collateral Agent shall have any responsibility for any calculation of a Dollar Equivalent made by the Collateral Manager. For the avoidance of doubt, neither the Collateral Administrator nor the Collateral Agent shall have any responsibility to calculate any Dollar Equivalent pursuant to this Agreement. “Dollars” and “$” mean the lawful money of the United States of America. “Due Date” means each date on which any payment is due on a Loan in accordance with its terms. “Early Opt-in Effective Date” means, with respect to any Early Opt-in Election, the sixth (6th) Business Day after the date notice of such Early Opt-in Election is provided to the Lenders, so long as the Administrative Agent has not received, by 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Early Opt-in Election is provided to the Lenders, written notice of objection to such Early Opt-in Election from Lenders comprising the Required Lenders. “Early Opt-in Election” means the occurrence of: (i) a notification by the Administrative Agent to each of the other parties hereto that at least five currently outstanding Dollar-denominated syndicated credit facilities at such time incorporate or adopt (as a result of amendment or as originally executed) either a SOFR-based rate (including SOFR, a Term SOFR or any other rate based upon SOFR) as a benchmark rate or an alternate benchmark interest rate to replace USD LIBOR (and such syndicated credit facilities are identified in such notice and are publicly available for review); and (ii) the joint election by the Administrative Agent and the Borrower to trigger a fallback from USD LIBOR and the provision by the Administrative Agent of written notice of such election to the Lenders. ...
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Related to Document Custodian Termination Notice

  • Collateral Custodian Termination Notice has the meaning assigned to that term in Section 12.05.

  • Servicer Termination Notice Defined in Section 6.15.

  • Document Custodian means the Custodian when acting in the role of a document custodian hereunder.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Collection Notice means a notice, in substantially the form of Annex A to Exhibit VI, from the Agent to a Collection Bank.

  • Special Servicer Termination Event shall have the meaning given to such term in the Lead Securitization Servicing Agreement.

  • Master Servicer Event of Termination As defined in Section 7.01 hereof.

  • Loan Termination Date means the earliest to occur of the following: (i) as to TERM NOTE 2 and TERM NOTE 5, September 1, 2011; as to the REVOLVING NOTE, May 18, 2009 (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date BANK receives (a) notice in writing from BORROWER of BORROWER’s election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Early Termination Notice is defined in Section 4.2 of this Agreement.

  • Notice of Replacement Subordination Agent has the meaning specified in Section 3.08.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • Approved Custodian means a pool custodian or other Person that Lender deems acceptable, in its sole discretion, to hold Mortgage Loans for inclusion in a Mortgage Pool or to hold Mortgage Loans as agent for an Investor that has issued a Purchase Commitment for those Mortgage Loans.

  • Servicer Event of Termination One or more of the events described in Section 7.01.

  • Repo Custodian shall have the meaning set forth in the preamble of this Agreement.

  • Confirmation Notice means a notice provided by the Issuer to an Investor in accordance with clause 1.3(c) of the Terms;

  • Early Termination Notice Date Any date as of which the aggregate Stated Principal Balance of the Mortgage Loans (including REO Mortgage Loans) is less than 1.0% of the sum of the aggregate Cut-Off Date Balance of the Mortgage Pool initially included in the Trust Fund.

  • Servicer Termination Event shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement or at any time that the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, any analogous concept under the servicing agreement pursuant to which the Mortgage Loan is being serviced in accordance with the terms of this Agreement.

  • Termination Letter has the meaning specified in Section 2.17(b).

  • Term Loan Termination Date means the earlier to occur of (a) the Term Loan Maturity Date and (b) the acceleration of the Term Loans in accordance with the terms hereof.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Secured Party Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit H.

  • Master Servicer Termination Test With respect to any Distribution Date, the Master Servicer Termination Test will be failed if the Cumulative Loss Percentage exceeds 4.00%.

  • Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit I.