Additional Financial Institutions Sample Clauses

Additional Financial Institutions. Client is a holding company and has requested that its financial institutions listed in the table below receive the Services and have the other benefits under the Agreement. Client represents and warrants that (i) it has the full legal capacity and authority to enter into and bind the following financial institutions to the terms and conditions of the Agreement; and (ii) each such financial institution is a wholly-owned subsidiary of Client (“Client Company”). Client acknowledges and agrees that: (a) it is entering into the Agreement on its own behalf and on behalf of each Client Company and each Client Company is also bound by the terms and conditions of the Agreement; and (b) Client is responsible for the performance by each Client Company of such Client Company’s obligations under the Agreement. Client shall indemnify, defend, and hold harmless FIS and its officers, employees, directors, agents, affiliates and shareholders, in their individual capacities or otherwise, from and against any and all Losses that result from, relate to, arise out of, or are incurred in connection with a Client Company’s failure to comply with the terms of the Agreement. List of Client Companies Rockland Trust Company Rockland Trust Community Development Corporation Rockland Trust Community Development LLC Rockland Trust Community Development Corporation II Rockland Trust Community Development III LLC Rockland Trust Community Development IV LLC Client shall pay FIS liquidated damages in the event that a Client Company ceases to use the Services or Third Party Services under any Addendum (other than for Client’s proper termination of such Addendum). Such liquidated damages shall be calculated on the basis set forth in Section 16.3 using the amounts attributable to Client Company under such Addendum. Client shall pay FIS liquidated damages in the event that a Client Company ceases to use Software under any Software License and Maintenance Addendum (other than for Client’s proper termination of such Addendum). Such liquidated damages shall be calculated on the basis set forth in Software License and Maintenance Addendum using the unpaid amounts attributable to Client Company under such Addendum. The applicable Client Company shall also be responsible for the liquidated damages referred to in this paragraph.
Sample 1
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Related to Additional Financial Institutions

  • EEA Financial Institutions No Loan Party is an EEA Financial Institution.

  • Affected Financial Institutions No Loan Party is an Affected Financial Institution.

  • EEA Financial Institution No Loan Party is an EEA Financial Institution.

  • Affected Financial Institution No Loan Party is an Affected Financial Institution.

  • Financial Institutions Notwithstanding this Article 3, any party may provide Confidential Information to any financial institution in connection with borrowings from such financial institution by such party or any of its Controlled Related Parties, so long as prior to any such disclosure such financial institution executes a confidentiality agreement that provides protection substantially equivalent to the protection provided the parties in this Article 3.

  • THE FINANCIAL INSTITUTIONS listed in Schedule 1 (The Original Lenders) as lenders (the “Original Lenders”); and

  • Financial Institution Funding The aggregate Capital associated with the Purchases by the Financial Institutions shall accrue Financial Institution Yield for each day during its Rate Tranche Period at either the LIBO Rate or the Alternate Base Rate in accordance with the terms and conditions hereof. Until Seller gives notice to Agent and the applicable Purchaser Agent(s) of another Discount Rate in accordance with Section 4.4, the initial Discount Rate for any portion of the Asset Portfolio transferred to the Financial Institutions pursuant to the terms and conditions hereof shall be the Alternate Base Rate. If any pro rata portion of the Asset Portfolio of any Conduit is assigned or transferred to, or funded by, any Funding Source of such Conduit pursuant to any Funding Agreement or to or by any other Person, each such portion of the Asset Portfolio so assigned, transferred or funded shall each be deemed to have a new Rate Tranche Period commencing on the date of any such assignment, transfer or funding, and shall accrue yield for each day during its Rate Tranche Period at either the LIBO Rate or the Alternate Base Rate in accordance with the terms and conditions hereof as if each such portion of the Asset Portfolio was held by a Financial Institution. With respect to each such portion of the Asset Portfolio, the assignee or transferee thereof, or the lender with respect thereto, shall be deemed to be a Financial Institution in the applicable Conduit’s Purchaser Group solely for the purposes of Sections 4.1, 4.2, 4.4 and 4.5 hereof.

  • Financial Institution The Financial Institution will not be liable under this Agreement, except for (i) its own willful misconduct, bad faith or negligence or (ii) breach of its representations and warranties in this Agreement. The Financial Institution will not be liable for special, indirect or consequential losses or damages (including lost profit), even if the Financial Institution has been advised of the likelihood of the loss or damage and regardless of the form of action.

  • Location of Financial Institution Regardless of any provision in any other agreement, for purposes of the UCC, New York will be the location of the bank for purposes of Sections 9-301, 9-304 and 9-305 of the UCC and the securities intermediary for purposes of Sections 9-301 and 9-305 and Section 8-110 of the UCC.

  • Acknowledgement and Consent to Bail-In of EEAAffected Financial Institutions Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any EEAAffected Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the write-down and conversion powers of an EEAthe applicable Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:

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