Appointment of Account Bank Sample Clauses

Appointment of Account Bank. (A) Any appointment of or change to the Account Bank will become effective only upon the Account Bank executing, or new Account Bank acceding to the terms of, the Project Accounts Agreements or such other terms as may be approved by Kosmos and the Facility Agent (acting reasonably).
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Appointment of Account Bank. The Indenture Trustee and each Noteholder hereby irrevocably designate and appoint State Street Trust Bank and Trust Company of Connecticut, National Association as the Account Bank under this Indenture (the "Account Bank"). The Account Bank hereby agrees to act as "securities intermediary" (within the meaning of Section 8-102(a)(14) of the UCC) with respect to the Indenture Trustee's Account. The Owner Lessor hereby acknowledges that the Account Bank shall act as securities intermediary with respect to the Indenture Trustee's Account pursuant to this Indenture. The Account Bank shall not have duties or responsibilities except those expressly set forth in Sections 3.11 and 3.12 of this Indenture. The Indenture Trustee, at the written direction of a Majority in Interest of Noteholders, may remove and replace the Account Bank pursuant to the terms of Section 7.1(a) and direct such Account Bank according to the terms of this Indenture.
Appointment of Account Bank. 3.1 Each of ParentCo and the Issuer appoints the Account Bank to act as Account Bank and to exercise such rights, powers, authorities and discretions as are specifically delegated to the Account Bank under the terms of this Agreement and to act as ParentCo's and the Issuer's non-exclusive agent, in its name and on its behalf and to provide the services in accordance with the terms of this Agreement. The Account Bank accepts the appointment and agrees to be bound by the obligations relating to the Account Bank which are contained in this Agreement.
Appointment of Account Bank. Each Enron Party and each Claim Holder hereby irrevocably designates and appoints Deutsche Bank A.G. London Branch, to act as the Account Bank hereunder and under the other Fiscal Agency Documents and to perform such duties and powers as are (i) expressly required to be exercised or performed by the Account Bank hereunder and thereunder, (ii) directed by way of a Payment Order or (iii) reasonably incidental to the foregoing.
Appointment of Account Bank. 3.1 Each Obligor appoints the Account Bank to act as Account Bank and to exercise such rights, powers, authorities and discretions as are specifically delegated to the Account Bank under the terms hereof and to act as its non-exclusive agent, in its name and on its behalf, to provide the services provided for in, and in accordance with the terms of, this Agreement. The Account Bank accepts such appointment and agrees to be bound by the obligations relating to the Account Bank which are contained in this Agreement.
Appointment of Account Bank. (a) MCA-Cape Verde hereby appoints the National Bank as the Account Bank (the “Account Bank”) for the purposes of this Protocol and the National Bank shall perform the obligations of the Account Bank hereunder in strict accordance with the terms of this Protocol and any relevant terms of the Compact, the Disbursement Agreement, and any other relevant Supplemental Agreement between the Parties, as any of them may be amended from time to time, which agreements shall be delivered by MCA-Cape Verde to the Account Bank and incorporated by reference herein.
Appointment of Account Bank. The Transaction Parties hereby appoint the Account Bank to take any and all actions with respect to the Investor Dollar Account, VIP Dollar Account, VIP Rublx Xxxount, VIP Rublx Xxxular Account and VIP-R Rublx Account as may be necessary to satisfy the terms and conditions of this Agreement, and the Account Bank hereby accepts such appointment.
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Appointment of Account Bank. (IO) Any appointment of or change to an Account Bank will become effective only upon that Account Bank executing, or new Account Bank acceding to the terms of, the Project Accounts Agreements or such other terms as may be approved by the Original Borrower and the Facility Agent (acting reasonably).
Appointment of Account Bank. Appointment

Related to Appointment of Account Bank

  • Appointment of Agent GE Capital is hereby appointed to act on behalf of all Lenders as Agent under this Agreement and the other Loan Documents. The provisions of this Section 9.2 are solely for the benefit of Agent and Lenders and no Credit Party nor any other Person shall have any rights as a third party beneficiary of any of the provisions hereof. In performing its functions and duties under this Agreement and the other Loan Documents, Agent shall act solely as an agent of Lenders and does not assume and shall not be deemed to have assumed any obligation toward or relationship of agency or trust with or for any Credit Party or any other Person. Agent shall have no duties or responsibilities except for those expressly set forth in this Agreement and the other Loan Documents. The duties of Agent shall be mechanical and administrative in nature and Agent shall not have, or be deemed to have, by reason of this Agreement, any other Loan Document or otherwise a fiduciary relationship in respect of any Lender. Except as expressly set forth in this Agreement and the other Loan Documents, Agent shall not have any duty to disclose, and shall not be liable for failure to disclose, any information relating to any Credit Party or any of their respective Subsidiaries or any Account Debtor that is communicated to or obtained by GE Capital or any of its Affiliates in any capacity. Neither Agent nor any of its Affiliates nor any of their respective officers, directors, employees, agents or representatives shall be liable to any Lender for any action taken or omitted to be taken by it hereunder or under any other Loan Document, or in connection herewith or therewith, except for damages caused by its or their own gross negligence or willful misconduct. If Agent shall request instructions from Requisite Lenders or all affected Lenders with respect to any act or action (including failure to act) in connection with this Agreement or any other Loan Document, then Agent shall be entitled to refrain from such act or taking such action unless and until Agent shall have received instructions from Requisite Lenders or all affected Lenders, as the case may be, and Agent shall not incur liability to any Person by reason of so refraining. Agent shall be fully justified in failing or refusing to take any action hereunder or under any other Loan Document (a) if such action would, in the opinion of Agent, be contrary to law or the terms of this Agreement or any other Loan Document, (b) if such action would, in the opinion of Agent, expose Agent to Environmental Liabilities or (c) if Agent shall not first be indemnified to its satisfaction against any and all liability and expense which may be incurred by it by reason of taking or continuing to take any such action. Without limiting the foregoing, no Lender shall have any right of action whatsoever against Agent as a result of Agent acting or refraining from acting hereunder or under any other Loan Document in accordance with the instructions of Requisite Lenders or all affected Lenders, as applicable.

  • Appointment of Administrators (a) The Administrators shall be appointed by the Holder of the Common Securities and may be removed by the Holder of the Common Securities or may resign at any time. Upon any resignation or removal, the Holder of the Common Securities shall appoint a successor Administrator. Each Administrator shall execute this Trust Agreement thereby agreeing to comply with, and be legally bound by, all of the terms, conditions and provisions of this Trust Agreement. If at any time there is no Administrator, the Property Trustee or any Holder who has been a Holder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more Administrators.

  • Appointment of Agents The Custodian may at any time or times in its discretion appoint (and may at any time remove) any other bank or trust company which is itself qualified under the Investment Company Act of 1940, as amended, to act as a custodian, as its agent to carry out such of the provisions of this Article 2 as the Custodian may from time to time direct; provided, however, that the appointment of any agent shall not relieve the Custodian of its responsibilities or liabilities hereunder.

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