ACKNOWLEDGEMENT REGARDING PAYMENTS Sample Clauses

ACKNOWLEDGEMENT REGARDING PAYMENTS. Each of the Issuer, the Trustee, the Receivables Trustee and the Transferor acknowledge and confirm that the Receivables Trustee shall apply any amounts due from the Issuer to the Receivables Trustee in respect of a Series in or towards satisfaction of any amounts then due to the Issuer from it in respect of any Trust Property of that Series.
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ACKNOWLEDGEMENT REGARDING PAYMENTS. Each of the Loan Note Issuer, the Security Trustee and the Receivables Trustee acknowledge and confirm that the Receivables Trustee shall apply any amounts due from the Loan Note Issuer to the Receivables Trustee in respect of a Series of Loan Notes or the Investor Interest relating to such Series of Loan Notes in or towards satisfaction of any amounts then due to the Loan Note Issuer from the Receivables Trustee in respect of any Trust Property referable to the Investor Interest relating to that Series of Loan Notes.
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ACKNOWLEDGEMENT REGARDING PAYMENTS. Each of the Receivables Trustee and the Transferor Beneficiary acknowledge and confirm that Barclays Bank PLC shall apply any amounts due from the Receivables Trustee to it in its capacity (i) as Transferor of the Receivables; and (ii) as a Transferor Beneficiary of the Receivables Trust in or towards satisfaction of any amounts then due to the Receivables Trustee from it in its capacity (i) as Transferor of the Receivables; and (ii) as a Transferor Beneficiary of the Receivables Trust, respectively. As a consequence of the foregoing it is acknowledged and confirmed that as between Barclays Bank PLC as a Transferor Beneficiary and the Receivables Trustee only net payments will be made to the relevant parties.
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ACKNOWLEDGEMENT REGARDING PAYMENTS. Each of the Receivables Trustee and the Transferor Beneficiaries acknowledge and confirm that each of RBS and RBS Advanta shall apply any amounts due from the Receivables Trustee to them in their capacity (i) as Transferors of the Receivables; and (ii) as Transferor Beneficiaries of the Receivables Trust, other than any amounts due in respect of any Acceptance Price payable to accept an Offer, in or towards satisfaction of any amounts then due to the Receivables Trustee from it in its capacity (i) as Transferor of the Receivables; and (ii) as Transferor Beneficiary of the Receivables Trust, respectively. As a consequence of the foregoing it is acknowledged and confirmed that, except in relation to payments of Acceptance Price, as between RBS as a Transferor Beneficiary, RBS Advanta as a Transferor Beneficiary and the Receivables Trustee only net payments will be made to the relevant parties. For the avoidance of doubt, the obligation of the Receivables Trustee to pay any amount by way of Acceptance Price shall not be the subject of any set- off, netting or similar arrangement.
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ACKNOWLEDGEMENT REGARDING PAYMENTS. (a) Each of the Receivables Trustee, the Transferor and the Transferor Beneficiary acknowledge and confirm that TPF shall apply any amounts due from the Receivables Trustee to it as (i) Transferor of the Receivables or (ii) Transferor Beneficiary of the Receivables Trust, in or towards satisfaction by way of set-off of any amounts then due to the Receivables Trustee from it as (i) Transferor of the Receivables or (ii) Transferor Beneficiary of the Receivables Trust, in those respective capacities.
Sample 1
ACKNOWLEDGEMENT REGARDING PAYMENTS. (a) Each of the Receivables Trustee, the Transferor and the Transferor Beneficiary acknowledges and confirms that COBE shall apply any amounts due from the Receivables Trustee to it as (i) Transferor of the Receivables or (ii) Transferor Beneficiary of the Receivables Trust, in or towards satisfaction by way of set-off of any amounts then due to the Receivables Trustee from it as (i) Transferor of the Receivables or (ii) Transferor Beneficiary of the Receivables Trust, in those respective capacities.
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ACKNOWLEDGEMENT REGARDING PAYMENTS. (a) Each of the Receivables Trustee, the Transferor and the Transferor Beneficiary acknowledges and confirms that HSBC Bank plc shall apply any amounts due from the Receivables Trustee to it as (i) Transferor of the Receivables or (ii) Transferor Beneficiary of the Receivables Trust, in or towards satisfaction by way of set-off of any amounts then due to the Receivables Trustee from it as (i) Transferor of the Receivables or (ii) Transferor Beneficiary of the Receivables Trust, in those respective capacities.
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ACKNOWLEDGEMENT REGARDING PAYMENTS. The Parties acknowledge and agree that the Milestone Payments, Sublicense Fees, Royalties, and Sublicense Royalties, taking into account the permitted reductions available under Sections 4.3, 4.4, 4.5 and 4.7, and the remainder of this Agreement as a whole, are fair, reasonable and justified in light of the nature of the rights granted and the commercial opportunity provided to Dermata hereunder. Such rights include each part of the Licensed Patents and Licensed Know-How, all of which Dermata deems valuable and necessary to the development and commercialization of any Licensed Product. The Parties acknowledge that the Royalty is made for the mutual convenience of the Parties and that the Parties arrived at such an arrangement after carefully exploring alternative means and consultation with their respective counsel.
Sample 1

Related to ACKNOWLEDGEMENT REGARDING PAYMENTS

  • Acknowledgement Regarding Any Supported QFCs To the extent that the Loan Documents provide support, through a guarantee or otherwise, for any Swap Contract or any other agreement or instrument that is a QFC (such support, “QFC Credit Support”, and each such QFC, a “Supported QFC”), the parties acknowledge and agree as follows with respect to the resolution power of the Federal Deposit Insurance Corporation under the Federal Deposit Insurance Act and Title II of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act (together with the regulations promulgated thereunder, the “U.S. Special Resolution Regimes”) in respect of such Supported QFC and QFC Credit Support (with the provisions below applicable notwithstanding that the Loan Documents and any Supported QFC may in fact be stated to be governed by the laws of the State of New York and/or of the United States or any other state of the United States):

  • Tax Acknowledgement In connection with the Severance Benefits provided to Executive pursuant to this Agreement, the Company shall withhold and remit to the tax authorities the amounts required under applicable law, and Executive shall be responsible for all applicable taxes owed by him with respect to such Severance Benefits under applicable law. Executive acknowledges that he is not relying upon the advice or representation of the Company with respect to the tax treatment of any of the Severance Benefits set forth in this Agreement.

  • Mutual Acknowledgement The Company and Indemnitee acknowledge that in certain instances, Federal law or applicable public policy may prohibit the Company from indemnifying its directors, officers, employees, controlling persons, agents or fiduciaries under this Agreement or otherwise. Each Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification to a court in certain circumstances for a determination of the Company’s rights under public policy to indemnify Indemnitee.

  • ACKNOWLEDGEMENT OF RECEIPT Each of the parties acknowledges receiving an executed copy of this Agreement.

  • ACKNOWLEDGEMENT OF TERMS The Company hereby represents and warrants to the Investor that: (i) it is voluntarily entering into this Agreement of its own freewill, (ii) it is not entering this Agreement under economic duress, (iii) the terms of this Agreement are reasonable and fair to the Company, and (iv) the Company has had independent legal counsel of its own choosing review this Agreement, advise the Company with respect to this Agreement, and represent the Company in connection with this Agreement.

  • Additional Acknowledgements By accepting this Agreement electronically, the Grantee and the Company agree that the Restricted Stock Units are granted under and governed by the terms and conditions of the Plan and this Agreement. The Grantee has reviewed in its entirety the prospectus that summarizes the terms of the Plan and this Agreement, has had an opportunity to request a copy of the Plan in accordance with the procedure described in the prospectus, has had an opportunity to obtain the advice of counsel prior to electronically accepting this Agreement and fully understands all provisions of the Plan and this Agreement. The Grantee hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions relating to the Plan and this Agreement.

  • Acknowledgement and Confirmation Each party to this Amendment hereby confirms and agrees that, after giving effect to this Amendment and the amendments contemplated hereby, and except as expressly modified hereby, the Credit Agreement and the other Credit Documents to which it is a party remain in full force and effect and enforceable against such party in accordance with their respective terms and shall not be discharged, diminished, limited or otherwise affected in any respect.

  • Acknowledgement of Rights The Company acknowledges that, with respect to any Securities held by the Trust or a trustee of the Trust, if the Preferred Trustee of such Trust fails to enforce its rights under this Indenture as the holder of the Securities held as the assets of the Trust, any holder of the Trust Securities may institute legal proceedings directly against the Company to enforce such Preferred Trustee's rights under this Indenture without first instituting any legal proceedings against such Preferred Trustee or any other person or entity. Notwithstanding the foregoing, if an Event of Default has occurred and is continuing and such event is attributable to the failure of the Company to pay principal of (or premium, if any) or interest on the Securities when due, the Company acknowledges that a holder of Trust Securities may directly institute a proceeding for enforcement of payment to such holder of the principal of (or premium, if any) or interest on the Securities having a principal amount equal to the aggregate liquidation amount of the Trust Securities of such holder on or after the respective due date specified in the Securities.

  • Acknowledgements and Consents Each of the parties hereby acknowledges and consents to the following:

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