Instruments definition
Examples of Instruments in a sentence
The Company hereby informs you that the provisions of Paragraph 1, Article 4 of the Financial Instruments and Exchange Act of Japan (No. 25 of 1948, as amended) do not apply to the grant of this Stock Award.
Subject to Section 14.8, the Underlying Instruments delivered to the Custodian shall remain at all times in the possession of the Custodian at the Custody Facilities unless notice of a different address is given in accordance with the terms hereof or unless the Administrative Agent agrees to allow certain Underlying Instruments to be released to the Collateral Manager on a temporary basis in accordance with the terms hereof, except as such Underlying Instruments may be released pursuant to this Agreement.
The Custodian shall upon its receipt of each such request for return executed by the Borrower and the Administrative Agent promptly, but in any event within two (2) Business Days, return the Underlying Instruments so requested to the Borrower.
From time to time at the discretion of the Administrative Agent, the Administrative Agent may review the Collateral Manager’s collection and administration of the Collateral in order to assess compliance by the Collateral Manager with Article VI and may conduct an audit of the Collateral, the Underlying Instruments, and the information contained in the Borrowing Base Certificates and Payment Date Reports in conjunction with such a review.
Written instructions as to the method of shipment and shipper(s) the Custodian is directed to utilize in connection with the CIBC – PPIF Loan and Security Agreement transmission of Required Loan Documents in the performance of the Custodian’s duties hereunder shall be delivered by the Borrower, the Collateral Manager or the Administrative Agent to the Custodian prior to any shipment of any Underlying Instruments hereunder.