APPOINTMENT OF COLLECTING AGENT Sample Clauses

APPOINTMENT OF COLLECTING AGENT. 16.1 In addition to other rights of RHB Bank under this Agreement, RHB Bank may at its sole discretion to appoint an agent of its choice to collect all and any sums due and owing to RHB Bank by the Principal Cardmember and/or the Supplementary Cardmember and/or the Supplementary Cardmember under this Agreement by giving notice at least seven (7) calendar days in advance.
AutoNDA by SimpleDocs
APPOINTMENT OF COLLECTING AGENT. 17.1 In amplification and not in derogation of RHB Islamic Bank’s right contained in this Agreement, RHB Islamic Bank shall have the right at its discretion to appoint an agent of its choice to collect all and any sums due to RHB Islamic Bank by the Principal Cardholder and/or the Supplementary Cardholder under this Agreement. RHB Islamic Bank shall inform the Cardholder at least seven (7) calendar days in advance in any manner as RHB Islamic Bank considers appropriate for the collection of any sums due to RHB Islamic Bank from the Principal Cardholder and/or the Supplementary Cardholder to be collected by the appointed agent.
APPOINTMENT OF COLLECTING AGENT. 17.1 In addition to other rights of RHB Islamic Bank under this Agreement, RHB Islamic Bank may at its discretion appoint an agent of its choice to collect all and any sums due to RHB Islamic Bank by the Principal Cardholder and/or the Supplementary Cardholder under this Agreement by giving notice of at least seven (7) calendar days in advance.
APPOINTMENT OF COLLECTING AGENT. 15.1 In addition to other rights of the Bank under this Agreement, the Bank may at its discretion appoint an agent of its choice to collect all and any sums due to the Bank by the Cardholder/Company under this Agreement by giving at least seven (7) calendar days in advance.
APPOINTMENT OF COLLECTING AGENT. MDA Capital hereby appoints MMC as, and MMC agrees to act as, collecting agent for MDA Capital under the Customer Financing Documents entered into pursuant to the terms of the Co-Marketing Funds Transfer Agreements, for the account of MDA Capital and as MDA Capital's exclusive representative and agent.
APPOINTMENT OF COLLECTING AGENT. 15.1 In amplification and not in derogation of the Bank’s right contained in this Agreement, the Bank shall have the right at its discretion to appoint an agent of its choice to collect all and any sums due to the Bank by the Cardholder/Company under this Agreement. The Bank shall inform the Cardholder/Company at least seven (7) calendar days in advance in any manner as the Bank considers appropriate for the collection of any sums due to the Bank from the Cardholder/Company to be collected by the appointed agent.

Related to APPOINTMENT OF COLLECTING AGENT

  • Appointment of Co-Trustee It is the purpose of this Indenture that there shall be no violation of any law of any jurisdiction denying or restricting the right of banking corporations or associations to transact business as trustee in such jurisdiction. It is recognized that in case of litigation under this Indenture, and in particular in case of the enforcement thereof on default, or in the case the Trustee deems that by reason of any present or future law of any jurisdiction it may not exercise any of the powers, rights or remedies herein granted to the Trustee or hold title to the properties, in trust, as herein granted or take any action which may be desirable or necessary in connection therewith, it may be necessary that the Trustee appoint an individual or institution as a separate or co-trustee, provided that unless an Indenture Event of Default shall have occurred and be continuing, any such appointment of a co-trustee shall be subject to the consent of the Company, which consent shall not be unreasonably withheld. The following provisions of this Section are adopted to these ends. In the event that the Trustee appoints an additional individual or institution as a separate or co-trustee, each and every remedy, power, right, claim, demand, cause of action, immunity, estate, title, interest and lien expressed or intended by this Indenture to be exercised by or vested in or conveyed to the Trustee with respect thereto shall be exercisable by and vest in such separate or co-trustee but only to the extent necessary to enable such separate or co-trustee to exercise such powers, rights and remedies, and only to the extent that the Trustee by the laws of any jurisdiction is incapable of exercising such powers, rights and remedies and every covenant and obligation necessary to the exercise thereof by such separate or co-trustee shall run to and be enforceable by either of them. Should any instrument in writing from the Company be required by the separate or co-trustee so appointed by the Trustee for more fully and certainly vesting in and confirming to him or it such properties, rights, powers, trusts, duties and obligations, any and all such instruments in writing shall, on request, be executed, acknowledged and delivered by the Company; provided, that if an Indenture Event of Default shall have occurred and be continuing, if the Company does not execute any such instrument within fifteen (15) days after request therefor, the Trustees shall be empowered as an attorney-in-fact for the Company to execute any such instrument in the Company's name and stead. In case any separate or co-trustee or a successor to either shall die, become incapable of acting, resign or be removed, all the estates, properties, rights, powers, trusts, duties and obligations of such separate or co-trustee, so far as permitted by law, shall vest in and be exercised by the Trustee until the appointment of a new trustee or successor to such separate or co-trustee. Every separate trustee and co-trustee shall, to the extent permitted by law, be appointed and act subject to the following provisions and conditions:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!