Common use of Appointment of Registrar and Duties Clause in Contracts

Appointment of Registrar and Duties. (a) First Union is hereby appointed to act as Registrar under this Agreement and hereby accepts such appointment and agrees to perform the duties and obligations with respect thereto set forth in the Agreement. (b) As long as the Structured Note remains outstanding, the Seller shall maintain a Registrar therefor. As set forth in Section 2.18(a) above, First Union shall initially act as Registrar and shall perform such duties as are set forth in this Agreement. (c) The Seller shall cause to be kept a register (the "Note Register") which contains an accurate and complete list of those Persons who from time to time shall be holders of the Structured Note. The Note Register shall be maintained by the Registrar, and so long as First Union is the Registrar the Registrar may not be removed by the Seller. Upon the Resignation of any Registrar, the Seller shall promptly appoint a successor or, if it elects not to make such an appointment, assume the duties of Registrar. So long as First Union is the Registrar, the Note Register shall be kept at One First Union Center, Mail Code: NC0610, Charxxxxx, Xxxxx Xxxxxxxx 00000. (d) Upon the resignation of First Union as Registrar, the Seller will give the Deal Agent Prompt written notice of the appointment of a successor Registrar and of the location, and any change in the location, of the Note Register, and the Deal Agent shall have the right to inspect the Note Register at all reasonable times and to obtain copies thereof, and the Deal Agent shall have the right to rely upon a certificate executed on behalf of the Registrar by a Responsible Officer thereof as to the names and addresses of the holder(s) of the Structured Note and the principal amounts and the amounts and number of such Structured Note(s).

Appears in 2 contracts

Samples: Loan Purchase and Servicing Agreement (First International Bancorp Inc), Loan Purchase and Servicing Agreement (First International Bancorp Inc)

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Appointment of Registrar and Duties. (a) First Union U.S. Bank is hereby appointed by the Borrower to act as Registrar under this Agreement and hereby accepts such appointment and agrees to perform the duties and obligations with respect thereto set forth in the Agreement. (b) As long as any Advances remain outstanding under the Structured Note remains outstandingVariable Funding Notes, the Seller Borrower shall maintain a Registrar therefor. As set forth in Section 2.18(a) above, First Union shall initially act as Registrar and shall perform such duties as are set forth in this Agreement. (c) The Seller Borrower shall cause to be kept a register (the "Note Register") which that contains an accurate and complete list of those Persons who from time to time shall be holders of the Structured NoteVariable Funding Notes (as reported to the Registrar by the Borrower). The Note Register shall be maintained by the Registrar, and so long as First Union U.S. Bank is the Registrar Registrar, the Registrar may not be removed by the SellerBorrower in the absence of gross negligence, bad faith or willful misconduct on the part of the Registrar. Upon the Resignation resignation of any Registrar, the Seller Borrower shall promptly appoint a successor or, if it elects not to make such an appointment, assume the duties of Registrar. So long as First Union U.S. Bank is the Registrar, the Note Register shall be kept at One First Union Center, Mail Code: NC0610, CharxxxxxXxx Xxxxxxx Xxxxxx, Xxxxx Xxxxxxxx Xxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000, or such other office as the Registrar may designate by written notice to the Borrower, the Servicer and the Agent. (d) Upon the resignation of First Union U.S. Bank as Registrar, the Seller Borrower will give the Deal Agent Prompt prompt written notice of the appointment of a successor Registrar and of the location, and any change in the location, of the Note Register, and the Deal Agent shall have the right to inspect the Note Register at all reasonable times and to obtain copies thereof, and the Deal Agent shall have the right to rely upon a certificate executed on behalf of the Registrar by a Responsible Officer thereof as to the names and addresses of the holder(s) of the Structured Note Variable Funding Notes and the principal amounts and the amounts and number of such Structured Note(s)the Variable Funding Notes.

Appears in 1 contract

Samples: Loan Funding and Servicing Agreement (Kohlberg Capital CORP)

Appointment of Registrar and Duties. (a) First Union BMO is hereby appointed to act as Registrar under this Agreement and hereby accepts such appointment and agrees to perform the duties and obligations with respect thereto set forth in the Agreement. (b) As long as any Advances remain outstanding under the Structured Note remains outstandingVariable Funding Note, the Seller Borrower shall maintain a Registrar therefor. As set forth in Section 2.18(a) above, First Union shall initially act as Registrar and shall perform such duties as are set forth in this Agreement. (c) The Seller Borrower shall cause to be kept a register (the "Note Register") which that contains an accurate and complete list of those Persons who from time to time shall be holders of the Structured Variable Funding Note. The Note Register shall be maintained by the Registrar, and so long as First Union BMO is the Registrar Registrar, the Registrar may not be removed by the SellerBorrower. Upon the Resignation resignation of any Registrar, the Seller Borrower shall promptly appoint a successor or, if it elects not to make such an appointment, assume the duties of Registrar. So long as First Union BMO is the Registrar, the Note Register shall be kept at One First Union Center000 Xxxxx XxXxxxx Xxxxxx, Mail Code: NC061000xx Xxxxx Xxxx, CharxxxxxXxxxxxx, Xxxxx Xxxxxxxx 00000. (d) Upon the resignation of First Union BMO as Registrar, the Seller Borrower will give the Deal Agent Prompt prompt written notice of the appointment of a successor Registrar and of the location, and any change in the location, of the Note Register, and the Deal Agent shall have the right to inspect the Note Register at all reasonable times and to obtain copies thereof, and the Deal Agent shall have the right to rely upon a certificate executed on behalf of the Registrar by a Responsible Officer thereof as to the names and addresses of the holder(s) of the Structured Variable Funding Note and the principal amounts and the amounts and number of such Structured Note(s)the Variable Funding Note.

Appears in 1 contract

Samples: Loan Funding and Servicing Agreement (Patriot Capital Funding, Inc.)

Appointment of Registrar and Duties. (a) First Union Wachovia is hereby appointed to act as Registrar under this Agreement and hereby accepts such appointment and agrees to perform the duties and obligations with respect thereto set forth in the Agreement. (b) As long as any Advances or Swingline Advances remain outstanding under the Structured Note remains outstandingNotes, the Seller Borrower shall maintain a Registrar therefor. As set forth in Section 2.18(a) above, First Union shall initially act as Registrar and shall perform such duties as are set forth in this Agreement. (c) The Seller Borrower shall cause to be kept a register (the "Note Register") which that contains an accurate and complete list of those Persons who from time to time shall be holders of the Structured NoteNotes. The Note Register shall be maintained by the Registrar, and so long as First Union Wachovia is the Registrar Registrar, the Registrar may not be removed by the SellerBorrower. Upon the Resignation resignation of any Registrar, the Seller Borrower shall promptly appoint a successor or, if it elects not to make such an appointment, assume the duties of Registrar. So long as First Union Wachovia is the Registrar, the Note Register shall be kept at One First Union Wachovia Center, Mail Code: NC0610NC0600, CharxxxxxXxxxxxxxx, Xxxxx Xxxxxxxx 00000. (d) Upon the resignation of First Union Wachovia as Registrar, the Seller Borrower will give the Deal Agent Prompt prompt written notice of the appointment of a successor Registrar and of the location, and any change in the location, of the Note Register, and the Deal Agent shall have the right to inspect the Note Register at all reasonable times and to obtain copies thereof, and the Deal Agent shall have the right to rely upon a certificate executed on behalf of the Registrar by a Responsible Officer thereof as to the names and addresses of the holder(s) of the Structured Note Notes and the principal amounts and the amounts and number of such Structured Note(s)Notes.

Appears in 1 contract

Samples: Loan Funding and Servicing Agreement (American Capital Strategies LTD)

Appointment of Registrar and Duties. (a) First Union Wachovia is hereby appointed to act as Registrar under this Agreement and hereby accepts such appointment and agrees to perform the duties and obligations with respect thereto set forth in the Agreement. (b) As long as any Advances remain outstanding under the Structured Note remains outstandingNotes, the Seller Borrower shall maintain a Registrar therefor. As set forth in Section 2.18(a) above, First Union shall initially act as Registrar and shall perform such duties as are set forth in this Agreement. (c) The Seller Borrower shall cause to be kept a register (the "Note Register") which that contains an accurate and complete list of those Persons who from time to time shall be holders of the Structured NoteNotes. The Note Register shall be maintained by the Registrar, and so long as First Union Wachovia is the Registrar Registrar, the Registrar may not be removed by the SellerBorrower. Upon the Resignation resignation of any Registrar, the Seller Borrower shall promptly appoint a successor or, if it elects not to make such an appointment, assume the duties of Registrar. So long as First Union Wachovia is the Registrar, the Note Register shall be kept at One First Union Wachovia Center, Mail Code: NC0610, CharxxxxxXxxxxxxxx, Xxxxx Xxxxxxxx 00000. (d) Upon the resignation of First Union Wachovia as Registrar, the Seller Borrower will give the Deal Agent Prompt prompt written notice of the appointment of a successor Registrar and of the location, and any change in the location, of the Note Register, and the Deal Agent shall have the right to inspect the Note Register at all reasonable times and to obtain copies thereof, and the Deal Agent shall have the right to rely upon a certificate executed on behalf of the Registrar by a Responsible Officer thereof as to the names and addresses of the holder(s) of the Structured Note Notes and the principal amounts and the amounts and number of such Structured Note(s)Notes.

Appears in 1 contract

Samples: Loan Funding and Servicing Agreement (American Capital Strategies LTD)

Appointment of Registrar and Duties. (a) First Union U.S. Bank is hereby appointed by the Borrower to act as Registrar under this Agreement and hereby accepts such appointment and agrees to perform the duties and obligations with respect thereto set forth in the Agreement. (b) As long as any Advances remain outstanding under the Structured Note remains outstandingVariable Funding Notes, the Seller Borrower shall maintain a Registrar therefor. As set forth in Section 2.18(a) above, First Union shall initially act as Registrar and shall perform such duties as are set forth in this Agreement. (c) The Seller Borrower shall cause to be kept a register (the "Note Register") which that contains an accurate and complete list of those Persons who from time to time shall be holders of the Structured NoteVariable Funding Notes (as reported to the Registrar by the Borrower). The Note Register shall be maintained by the Registrar, and so long as First Union U.S. Bank is the Registrar Registrar, the Registrar may not be removed by the SellerBorrower in the absence of gross negligence, bad faith or willful misconduct on the part of the Registrar. Upon the Resignation resignation of any Registrar, the Seller Borrower shall promptly appoint a successor or, if it elects not to make such an appointment, assume the duties of Registrar. So long as First Union U.S. Bank is the Registrar, the Note Register shall be kept at One First Union Center, Mail Code: NC0610, CharxxxxxOnx Xxxxxxx Xxxxxx, Xxxxx Xxxxxxxx Xxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000, or such other office as the Registrar may designate by written notice to the Borrower, the Servicer and the Agent. (d) Upon the resignation of First Union U.S. Bank as Registrar, the Seller Borrower will give the Deal Agent Prompt prompt written notice of the appointment of a successor Registrar and of the location, and any change in the location, of the Note Register, and the Deal Agent shall have the right to inspect the Note Register at all reasonable times and to obtain copies thereof, and the Deal Agent shall have the right to rely upon a certificate executed on behalf of the Registrar by a Responsible Officer thereof as to the names and addresses of the holder(s) of the Structured Note Variable Funding Notes and the principal amounts and the amounts and number of such Structured Note(s)the Variable Funding Notes.

Appears in 1 contract

Samples: Loan Funding and Servicing Agreement (Kohlberg Capital CORP)

Appointment of Registrar and Duties. (a) First Union Wachovia Bank, National Association is hereby appointed to act as Registrar under this Agreement and hereby accepts such appointment and agrees to perform the duties and obligations with respect thereto set forth in the Agreement. (b) As long as the Structured Note remains Notes remain outstanding, the Seller Borrower shall maintain a Registrar therefor. As set forth in Section 2.18(asubsection 2.17(a) above, First Union Wachovia Bank, National Association shall initially act as Registrar and shall perform such duties as are set forth in this Agreement. (c) The Seller Borrower shall cause to be kept a register (the "Note Register") which contains an accurate and complete list of those Persons who from time to time shall be holders of the Structured NoteNotes. The Note Register shall be maintained by the Registrar, and so long as First Union Wachovia Bank, National Association is the Registrar Registrar, the Registrar may not be removed by the SellerBorrower. Upon the Resignation resignation of any Registrar, the Seller Borrower shall promptly appoint a successor or, if it elects not to make such an appointment, assume the duties of Registrar. So long as First Union Wachovia Bank, National Association is the Registrar, the Note Register shall be kept at One First Union Wachovia Center, Mail Code: NC0610, CharxxxxxXxxxxxxxx, Xxxxx Xxxxxxxx 00000. (d) Upon the resignation of First Union Wachovia Bank, National Association as Registrar, the Seller Borrower will give the Deal Agent Prompt prompt written notice of the appointment of a successor Registrar and of the location, and any change in the location, of the Note Register, and the Deal Agent shall have the right to inspect the Note Register at all reasonable times and to obtain copies thereof, and the Deal Agent shall have the right to rely upon a certificate executed on behalf of the Registrar by a Responsible Officer thereof as to the names and addresses of the holder(s) of the Structured Note Notes and the principal amounts and the amounts and number of such Structured Note(s)Notes.

Appears in 1 contract

Samples: Loan Funding and Servicing Agreement (American Capital Strategies LTD)

Appointment of Registrar and Duties. (a) First Union Wachovia is hereby appointed to act as Registrar under this Agreement and hereby accepts such appointment and agrees to perform the duties and obligations with respect thereto set forth in the Agreement. (b) As long as any Advances, or Swingline Advances or Alternative Currency Swingline Advances remain outstanding under the Structured Note remains outstandingNotes, the Seller Borrower shall maintain a Registrar therefor. As set forth in Section 2.18(a) above, First Union shall initially act as Registrar and shall perform such duties as are set forth in this Agreement. (c) The Seller Borrower shall cause to be kept a register (the "Note Register") which that contains an accurate and complete list of those Persons who from time to time shall be holders of the Structured NoteNotes. The Note Register shall be maintained by the Registrar, and so long as First Union Wachovia is the Registrar Registrar, the Registrar may not be removed by the SellerBorrower. Upon the Resignation resignation of any Registrar, the Seller Borrower shall promptly appoint a successor or, if it elects not to make such an appointment, assume the duties of Registrar. So long as First Union Wachovia is the Registrar, the Note Register shall be kept at One First Union Wachovia Center, Mail Code: NC0610NC0600,0602, CharxxxxxXxxxxxxxx, Xxxxx Xxxxxxxx 00000. (d) Upon the resignation of First Union Wachovia as Registrar, the Seller Borrower will give the Deal Agent Prompt prompt written notice of the appointment of a successor Registrar and of the location, and any change in the location, of the Note Register, and the Deal Agent shall have the right to inspect the Note Register at all reasonable times and to obtain copies thereof, and the Deal Agent shall have the right to rely upon a certificate executed on behalf of the Registrar by a Responsible Officer thereof as to the names and addresses of the holder(s) of the Structured Note Notes and the principal amounts and the amounts and number of such Structured Note(s)Notes.

Appears in 1 contract

Samples: Loan Funding and Servicing Agreement (American Capital, LTD)

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Appointment of Registrar and Duties. (a) First Union BMO is hereby appointed to act as Registrar under this Agreement and hereby accepts such appointment and agrees to perform the duties and obligations with respect thereto set forth in the Agreement. (b) As long as the Structured Note remains outstandingany Advances remain outstanding under any Variable Funding Note, the Seller Borrower shall maintain a Registrar therefor. As set forth in Section 2.18(a) above, First Union shall initially act as Registrar and shall perform such duties as are set forth in this Agreement. (c) The Seller Borrower shall cause to be kept a register (the "Note Register") which that contains an accurate and complete list of those Persons who from time to time shall be holders of the Structured NoteVariable Funding Notes. The Note Register shall be maintained by the Registrar, and so long as First Union BMO is the Registrar Registrar, the Registrar may not be removed by the SellerBorrower. Upon the Resignation resignation of any Registrar, the Seller Borrower shall promptly appoint a successor or, if it elects not to make such an appointment, assume the duties of Registrar. So long as First Union BMO is the Registrar, the Note Register shall be kept at One First Union Center000 Xxxxx XxXxxxx Xxxxxx, Mail Code: NC061000xx Xxxxx Xxxx, CharxxxxxXxxxxxx, Xxxxx Xxxxxxxx 00000. (d) Upon the resignation of First Union BMO as Registrar, the Seller Borrower will give the Deal Agent Prompt prompt written notice of the appointment of a successor Registrar and of the location, and any change in the location, of the Note Register, and the Deal Agent shall have the right to inspect the Note Register at all reasonable times and to obtain copies thereof, and the Deal Agent shall have the right to rely upon a certificate executed on behalf of the Registrar by a Responsible Officer thereof as to the names and addresses of the holder(s) of the Structured Note Variable Funding Notes and the principal amounts and the amounts and number of such Structured Note(s)the Variable Funding Notes.

Appears in 1 contract

Samples: Loan Funding and Servicing Agreement (Patriot Capital Funding, Inc.)

Appointment of Registrar and Duties. (a) First Union Xxxxxx Xxxxxxx is hereby appointed to act as Registrar under this Agreement and hereby accepts such appointment and agrees to perform the duties and obligations with respect thereto set forth in the Agreement. (b) As long as any Advances or Expedited Advances remain outstanding under the Structured Note remains outstandingNotes, the Seller Borrower shall maintain a Registrar therefor. As set forth in Section 2.18(a) above, First Union shall initially act as Registrar and shall perform such duties as are set forth in this Agreement. (c) The Seller Borrower shall cause to be kept a register (the "Note Register") which that contains an accurate and complete list of those Persons who from time to time shall be holders of the Structured NoteVariable Funding Notes. The Note Register shall be maintained by the Registrar, and so long as First Union Xxxxxx Xxxxxxx is the Registrar Registrar, the Registrar may not be removed by the SellerBorrower. Upon the Resignation resignation of any Registrar, the Seller Borrower shall promptly appoint a successor or, if it elects not to make such an appointment, assume the duties of Registrar. So long as First Union Xxxxxx Xxxxxxx is the Registrar, the Note Register shall be kept at One First Union Center000 Xxxxx XxXxxxx Xxxxxx, Mail Code: NC061000xx Xxxxx Xxxx, CharxxxxxXxxxxxx, Xxxxx Xxxxxxxx 00000. (d) Upon the resignation of First Union Xxxxxx Xxxxxxx as Registrar, the Seller Borrower will give the Deal Agent Prompt prompt written notice of the appointment of a successor Registrar and of the location, and any change in the location, of the Note Register, and the Deal Agent shall have the right to inspect the Note Register at all reasonable times and to obtain copies thereof, and the Deal Agent shall have the right to rely upon a certificate executed on behalf of the Registrar by a Responsible Officer thereof as to the names and addresses of the holder(s) of the Structured Note Notes and the principal amounts and the amounts and number of such Structured Note(s)Notes.

Appears in 1 contract

Samples: Loan Funding and Servicing Agreement (American Capital Strategies LTD)

Appointment of Registrar and Duties. (a) First Union Hxxxxx Xxxxxxx is hereby appointed to act as Registrar under this Agreement and hereby accepts such appointment and agrees to perform the duties and obligations with respect thereto set forth in the Agreement. (b) As long as any Advances remain outstanding under the Structured Note remains outstandingVariable Funding Note, the Seller Borrower shall maintain a Registrar therefor. As set forth in Section 2.18(a) above, First Union shall initially act as Registrar and shall perform such duties as are set forth in this Agreement. (c) The Seller Borrower shall cause to be kept a register (the "Note Register") which that contains an accurate and complete list of those Persons who from time to time shall be holders of the Structured Variable Funding Note. The Note Register shall be maintained by the Registrar, and so long as First Union Hxxxxx Xxxxxxx is the Registrar Registrar, the Registrar may not be removed by the SellerBorrower. Upon the Resignation resignation of any Registrar, the Seller Borrower shall promptly appoint a successor or, if it elects not to make such an appointment, assume the duties of Registrar. So long as First Union Hxxxxx Xxxxxxx is the Registrar, the Note Register shall be kept at One First Union Center100 Xxxxx XxXxxxx Xxxxxx, Mail Code: NC061000xx Xxxxx Xxxx, CharxxxxxXxxxxxx, Xxxxx Xxxxxxxx 00000. (d) Upon the resignation of First Union Hxxxxx Xxxxxxx as Registrar, the Seller Borrower will give the Deal Agent Prompt prompt written notice of the appointment of a successor Registrar and of the location, and any change in the location, of the Note Register, and the Deal Agent shall have the right to inspect the Note Register at all reasonable times and to obtain copies thereof, and the Deal Agent shall have the right to rely upon a certificate executed on behalf of the Registrar by a Responsible Officer thereof as to the names and addresses of the holder(s) of the Structured Variable Funding Note and the principal amounts and the amounts and number of such Structured Note(s)the Variable Funding Note.

Appears in 1 contract

Samples: Loan Funding and Servicing Agreement (Patriot Capital Funding, Inc.)

Appointment of Registrar and Duties. (a) First Union Wachovia is hereby appointed to act as Registrar under this Agreement and hereby accepts such appointment and agrees to perform the duties and obligations with respect thereto set forth in the Agreement. (b) As long as any Advances or Swingline Advances remain outstanding under the Structured Note remains outstandingNotes, the Seller Borrower shall maintain a Registrar therefor. As set forth in Section 2.18(a) above, First Union shall initially act as Registrar and shall perform such duties as are set forth in this Agreement. (c) The Seller Borrower shall cause to be kept a register (the "Note Register") which that contains an accurate and complete list of those Persons who from time to time shall be holders of the Structured NoteNotes. The Note Register shall be maintained by the Registrar, and so long as First Union Wachovia is the Registrar Registrar, the Registrar may not be removed by the SellerBorrower. Upon the Resignation resignation of any Registrar, the Seller Borrower shall promptly appoint a successor or, if it elects not to make such an appointment, assume the duties of Registrar. So long as First Union Wachovia is the Registrar, the Note Register shall be kept at One First Union Wachovia Center, Mail Code: NC0610NC0600, CharxxxxxCxxxxxxxx, Xxxxx Xxxxxxxx 00000. (d) Upon the resignation of First Union Wachovia as Registrar, the Seller Borrower will give the Deal Agent Prompt prompt written notice of the appointment of a successor Registrar and of the location, and any change in the location, of the Note Register, and the Deal Agent shall have the right to inspect the Note Register at all reasonable times and to obtain copies thereof, and the Deal Agent shall have the right to rely upon a certificate executed on behalf of the Registrar by a Responsible Officer thereof as to the names and addresses of the holder(s) of the Structured Note Notes and the principal amounts and the amounts and number of such Structured Note(s)Notes.

Appears in 1 contract

Samples: Loan Funding and Servicing Agreement (American Capital Strategies LTD)

Appointment of Registrar and Duties. (a) First Union Wachovia is hereby appointed to act as Registrar under this Agreement and hereby accepts such appointment and agrees to perform the duties and obligations with respect thereto set forth in the Agreement. (b) As long as any Advances, Swingline Advances or Alternative Currency Swingline Advances remain outstanding under the Structured Note remains outstandingNotes, the Seller Borrower shall maintain a Registrar therefor. As set forth in Section 2.18(a) above, First Union shall initially act as Registrar and shall perform such duties as are set forth in this Agreement. (c) The Seller Borrower shall cause to be kept a register (the "Note Register") which that contains an accurate and complete list of those Persons who from time to time shall be holders of the Structured NoteNotes. The Note Register shall be maintained by the Registrar, and so long as First Union Wachovia is the Registrar Registrar, the Registrar may not be removed by the SellerBorrower. Upon the Resignation resignation of any Registrar, the Seller Borrower shall promptly appoint a successor or, if it elects not to make such an appointment, assume the duties of Registrar. So long as First Union Wachovia is the Registrar, the Note Register shall be kept at One First Union Wachovia Center, Mail Code: NC0610NC0600, CharxxxxxXxxxxxxxx, Xxxxx Xxxxxxxx 00000. (d) Upon the resignation of First Union Wachovia as Registrar, the Seller Borrower will give the Deal Agent Prompt prompt written notice of the appointment of a successor Registrar and of the location, and any change in the location, of the Note Register, and the Deal Agent shall have the right to inspect the Note Register at all reasonable times and to obtain copies thereof, and the Deal Agent shall have the right to rely upon a certificate executed on behalf of the Registrar by a Responsible Officer thereof as to the names and addresses of the holder(s) of the Structured Note Notes and the principal amounts and the amounts and number of such Structured Note(s)Notes.

Appears in 1 contract

Samples: Loan Funding and Servicing Agreement (American Capital Strategies LTD)

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