Instructions Letter definition
Examples of Instructions Letter in a sentence
The Company shall cause its counsel to issue the legal opinion referred to in the TA Instructions Letter to the Company’s transfer agent from and after the Applicable Date to the extent permissible by law.
The Company represents and warrants that no instruction other than the TA Instructions Letter referred to in this Section will be given by the Company to its transfer agent with respect to the securities, and that the securities shall otherwise be freely transferable on the books and records of the Company, as applicable, to the extent provided in this Agreement and the other Transaction Documents.
On the Initial Disbursement Date, the Borrower shall provide to each Lender (i) a duly executed Note for such ▇▇▇▇▇▇ and (ii) a duly executed Instructions Letter substantially in the form of Annex C, pursuant to which the Borrower authorizes such Lender to complete its Note issued in accordance with this Section 2.06.
As instructed, we have addressed the issues raised by ISDA in to us on the basis of the information and assumptions set forth in the Instructions Letter.
Where applicable, this will be explained to the Client either verbally or in writing and ordinarily set out in the Acceptance of Instructions Letter.
Each Note shall be (i) payable to a Lender, (ii) dated the Disbursement Date and (iii) payable at the date referred to in the corresponding Instructions Letter.
At the Closing, the Shareholders shall pay out of the Closing Payment (by direction of wire transfer from Purchaser to the designated accounts) all amounts identified in the Payment Instructions Letter, which Shareholder payments will result in a discharge of all Indebtedness and the payment of the Seller Expenses.
Each Lender shall have received, only for the Initial Disbursement, a duly executed Note and an Instructions Letter with respect thereto issued in accordance with Section 2.06.
Each Lender further agrees and covenants that it will not complete or seek enforcement of its Notes other than in accordance with the instructions set forth in the corresponding Instructions Letter.
All payments hereunder shall be in US dollars and made in accordance with the payment instructions set forth in the Payment Instructions Letter as provided by Seller to Buyer from time to time (the “Payment Instructions”).