Appropriation by Fiscal Agent Sample Clauses

Appropriation by Fiscal Agent. If the Fiscal Agent makes any payment in accordance with Clause 8.1 (Payments by Paying Agents), it shall be entitled to appropriate for its own account out of the funds received by it under Clause 7.1 (Issuer to pay Fiscal Agent) an amount equal to the amount so paid by it.
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Appropriation by Fiscal Agent. If the Paying Agent suffers any debit or otherwise makes any payment in accordance with Clause 5.1 (Payments through the NBB-SSS), it shall be entitled to appropriate for its own account out of the funds received by the Fiscal Agent under Clause 4.1 (Payment to the Fiscal Agent) an amount equal to the debit so suffered or amount so paid by it. The Issuer need not concern itself with the appropriation of funds between the Fiscal Agent and the Paying Agent.

Related to Appropriation by Fiscal Agent

  • Termination by Manager (i) The Manager may terminate this Agreement effective upon 60 days prior written notice of termination to the Company in the event that the Company shall default in the performance or observance of any material term, condition or covenant in this Agreement and such default shall continue for a period of 30 days after written notice thereof specifying such default and requesting that the same be remedied in such 30 day period. The Company is required to pay to the Manager the Termination Fee if the termination of this Agreement is made pursuant to this Section 13(e)(i).

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