Examples of Existing Control Agreement in a sentence
The Existing Control Agreement shall be superceded in its entirety by this Agreement and the Existing Agent shall have no further authority under the Existing Control Agreement to originate entitlement orders, issue a Notice of Exclusive Control or direct or instruct the Custodian with regard to the Securities Account, the Deposit Account or any of the Collateral.
In 1998, the parties agree that with respect to any revenue unrecovered by the ISO for Specified Charges as the result of Existing Control Agreement Service, such revenue shall be included in the amounts provided for in SABP 3.1.1.
This Agreement shall amend and restate the Existing Control Agreement, effective as of the date hereof.
With respect to the equity pledge set forth in the Equity Pledge Agreement under the Existing Control Agreement, if the pledge has been registered with the relevant administration for market regulation, the Parties shall promptly complete procedures for cancellation of the equity pledge with the relevant administration for market regulation and use their best efforts to complete the aforesaid (if there is any pledge) within 10 Business Days from the effective date of this Agreement.
The Security Agent, (i) on behalf of the Lenders with respect to the First Credit Agreement and (ii) on behalf of DCL with respect to the Second Credit Agreement, and each Lender covenants with FSA and the GIC Issuers that such party will not file any such financing statement until after FSA and the GIC Issuers confirm the filing of a financing statement perfecting FSA’s and the GIC Issuers’ pari passu security interests in the Collateral not previously perfected under the Existing Control Agreement.
This Agreement amends and restates the Existing Control Agreement, which in turn amended and restated the Original Control Agreement.
For any public hospital that does not qualify for the elimination of the outpatient ceilings under this provision of proviso or any other proviso listed, the public hospital shall be exempt from the outpatient reimbursement ceilings contingent on the public hospital or local governmental entity providing the required state match.
The Existing Control Agreement shall be superceded in its entirety by this Agreement and the Existing Agent shall have no further authority under the Existing Control Agreement to originate entitlement orders, issue a Notice of Exclusive Control or direct or instruct the Custodian with regard to the Collateral Account or any of the Collateral.
Prior to the Post-Closing Effective Date, the Seller shall deliver to the Buyer a fully executed Control Agreement with respect to (x) each of the Collection Account that are identified on Schedule 5 as of the date hereof that are not subject to an Existing Control Agreement and (y) each of the Collection Accounts of each New Sales Originator, in form and substance reasonably satisfactory to the Buyer.
The Security Agent, on behalf of the Lenders, and each Lender covenants to FSA that such party will not file any such financing statement until after FSA confirms the filing of a financing statement perfecting FSA’s security interest in the Collateral not previously perfected under the Existing Control Agreement.