National Agents definition

National Agents means together the British National Agent, the French National Agent and the German National Agent, and National Agent means any of them;
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National Agents means the British National Agent, the French National Agent and the German National Agent.
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National Agents means those officers, employees and agents of National whose signatures and incumbency shall have been certified to the Master Collateral Agent pursuant to clause (e) of Section 3.5 of the Master Collateral Agency Agreement or in such other certificates as may be delivered by National to the Master Collateral Agent from time to time as duly authorized to act, and to give instructions and notices, on behalf of National, under the Master Collateral Agency Agreement.
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Examples of National Agents in a sentence

  • The Head Lessee may lease the Aircraft to any lessee which has been approved by the Relevant Agent (acting on the instructions of the National Agents) pursuant to a lease which complies with the requirements of this Agreement.

  • Each payment so received by the National Agents shall (unless otherwise agreed by that National Agent and the relevant ECA Lenders in its National Syndicate to the contrary) be distributed between the relevant ECA Lenders in its National Syndicate in accordance with their respective Contributions.

  • The ECA Agent shall not, however, have any duties, obligations or liabilities to the ECA Lenders or the National Agents beyond those expressly stated in this Agreement and the other Transaction Documents.

  • The Security Trustee shall, as soon as practicable, notify the National Agents and each Agent of the contents of any communication received by it from any Obligor, any Sub-Lessee or any Sub-Sub-Lessee pursuant to any Transaction Document.

  • The Borrower in relation to an Aircraft agrees with the Lessee of that Aircraft that it will pay the ECA Premium for the ECA Loan for that Aircraft to the National Agents respectively as soon as reasonably practicable following the receipt by that Borrower of the full amount of the Initial Rent under (and as defined in) the Lease for that Aircraft.

  • The Parties acknowledge that in the course of enforcement of rights under the Security Documents, the Security Trustee may be directed by the National Agents in accordance with the Transaction Documents to take such actions as are deemed desirable to realise Proceeds including the appointment of one or more professional entities to provide the Finance Parties with management and remarketing services with a view to realising proceeds of the remarketing of the aircraft.

  • The Head Lease may only be amended with the consent of the National Agents.

  • The National Agents shall consider any such request in good faith, in accordance with the then current practice of the Export Credit Agencies in relation to the substitution of aircraft, and shall inform that Lessee within twenty one (21) Banking Days of the receipt of that notice as to whether the proposed substitution has been approved and, if approved, the terms upon which that Replacement Aircraft shall be substituted for the Existing Aircraft.

  • Each Finance Party and each Borrower hereby irrevocably authorises the Security Trustee to execute any amendments to any Transaction Document on its behalf, subject to the Security Trustee first receiving the written consent of each of the National Agents.

  • Each Alternative Borrower shall be managed by the Initial Manager or another established and recognised management company acceptable to the Security Trustee (acting on the instructions of the National Agents, the German Parallel Lender and the Mismatch Agent) and on terms either pursuant to the Initial Administration Agreement (where the manager is the Initial Manager) or otherwise on terms substantially similar to the Initial Administration Agreement.