Payment Direction Letters definition

Payment Direction Letters means, collectively, the Payment Direction Letters required to be delivered pursuant to this Agreement.
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Payment Direction Letters means those letters dated as of the date of this Indenture, from Issuer to the maker of the Installment Note directing that payment under the Installment Note be made directly to the Indenture Trustee.
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Payment Direction Letters means those letters dated as of the Effective Date, from Borrower to (i) the makers of each Installment Note directing that payment under such Installment Notes be made directly to the Lender, and (ii) to the Guarantor of the Installment Notes directing that payment under such Guaranty be made directly to Lender, which letters, in all cases, shall be acknowledged by the “Indenture Trustee” (as such term is defined in the Existing Debt).
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Examples of Payment Direction Letters in a sentence

  • Administrative Agent shall have received all documents and confirmations (including Payment Direction Letters) reasonably deemed necessary by Administrative Agent to confirm that the net fundings Available Take-Out from Tax Equity Investors will be paid directly to Borrower from such wholly-owned Excluded Subsidiary to which such Available Take-Out is due.

  • Agent shall have received evidence of such Payment Direction Letters set forth in the Loan Agenda in order to evidence the intended management of the cash flow of the Borrower and the other Loan Parties.

  • Borrower hereby represents and warrants that Borrower has delivered or caused to be delivered Credit Card Bank Payment Direction Letters and Credit Card Payment Direction Letters to each of the Credit Card Banks and Credit Card Companies, as applicable.

  • On the Funding Date, a portion of the Cash Consideration equal to the amount to be paid to the Seller's creditors pursuant to those certain Payment Direction Letters attached hereto as Exhibit 4.5, shall be paid by the Buyer directly to such creditors in order that Seller may discharge its indebtedness to such creditors and transfer the Purchased Contracts free of all Liens.

  • Agent shall have received evidence of such NMLP Payment Direction Letters set forth in the Loan Agenda in order to evidence the intended management of the cash flow of NMLP, the NMLP Loan Parties (except the Excepted Loan Parties), and the NMLP Subsidiaries.

  • Agent shall have received evidence of such Payment Direction Letters set forth in the Loan Agenda in order to evidence the intended management of the cash flow of the Borrower, the Loan Parties (except the Excepted Loan Parties), and the Borrower Subsidiaries.

  • Administrative Agent shall have received evidence of such NMLP Payment Direction Letters set forth in the Loan Agenda in order to evidence the intended management of the cash flow of NMLP, the NMLP Loan Parties (except the Excepted Loan Parties), and the NMLP Subsidiaries.

  • With respect to the acquisition of any Individual Property, the Borrower shall also provide to the Agent such Payment Direction Letters and other documents and agreements as may be necessary to effectuate the cash management arrangements set forth in Section 7.15.

  • Agent shall have received evidence of such T-Two Payment Direction Letters set forth in the Loan Agenda in order to evidence the intended management of the cash flow of T-Two.

  • Upon the occurrence and during the continuance of an Event of Default, Lender is authorized to deliver any or all of the Property Manager Payment Direction Letters and to enforce the same.


More Definitions of Payment Direction Letters

Payment Direction Letters means, collectively, the NMLP Payment Direction Letters and the T-Two Payment Direction Letters. PBGC shall mean the Pension Benefit Guaranty Corporation established pursuant to Section 4002 of ERISA, or any successor thereto. Permitted Distributions as defined in Sections 8.1.18 and 8.2.16.
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Payment Direction Letters shall have the meaning set forth in Section 2.6.1.
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Related to Payment Direction Letters

  • Payment Instructions has the meaning set forth in Section 5.2(a) of the Loan Agreement.

  • Payment Instruction is as defined in Section 36 of the General Terms, and is further defined as the information provided by you to the Service for a bill payment to be made to the Xxxxxx (such as, but not limited to, Xxxxxx name, Xxxxxx account number, and Scheduled Payment Date).

  • Disbursement Instruction Agreement means an agreement substantially in the form of Exhibit M to be executed and delivered by the Borrower pursuant to pursuant to Section 6.1(a)(xi), as the same may be amended, restated or modified from time to time with the prior written approval of the Administrative Agent.

  • Account Application Form means the Personal Account Application Form for International Personal Banking or Wealth and Investment as applicable;

  • Authorization Letter means a letter agreement executed by Borrower in the form of EXHIBIT A.

  • Alternative modes of instruction means modes of pupil instruction, other than in-person instruction, that may include, without limitation, partnerships with other districts or intermediate districts or community colleges or institutions of higher education, use of vendors, use of online learning, telephone communications, email, virtual instruction, videos, slideshows, project-based learning, use of instructional packets, or a hybrid of multiple modes of learning that still promote recommended practices for social distancing to mitigate the spread of COVID-CD.

  • Disbursement Request means a disbursement request from the Borrower to the Administrative Agent and the Collateral Agent in the form attached hereto as Exhibit C in connection with a disbursement request from the Unfunded Exposure Account in accordance with Section 2.04(d) or a disbursement request from the Principal Collection Subaccount in accordance with Section 2.18, as applicable.

  • Election Form means the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan.

  • Instructional day means a day within the instructional term which meets the following