Authorization of Receipt of Funds Sample Clauses

Authorization of Receipt of Funds. BY THE TRUSTEE UNDER THE PLEDGE AGREEMENT. The Trustee is authorized to receive any funds for the benefit of the Holders of Notes distributed under the Pledge Agreement, and to make further distributions of such funds to the Holders of Notes according to the provisions of this Supplemental Indenture, the Indenture and the Intercreditor Agreement.
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Authorization of Receipt of Funds by the Trustee under the Security Agreement. The Trustee is authorized to receive any funds for the benefit of Holders distributed under the Security Agreement, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.
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Authorization of Receipt of Funds by the Collateral Agent under the Related Collateral Documents and the Intercreditor Agreements 147 ​ ​ Section 17.05 Termination of Security Interest; Release of Collateral. 147 Section 17.06 Maintenance of Collateral 149 Section 17.07 Concerning the Collateral Agent 149 Section 17.08 Limitation on Remedies 149 ​ ​ ARTICLE 18 ​ GUARANTEES 149 ​ ​ ​ Section 18.01 Note Guarantee 149 Section 18.02 Limitation on Guarantor Liability 151 Section 18.03 Execution and Delivery 151 Section 18.04 Subrogation 152 Section 18.05 Benefits Acknowledged 152 Section 18.06 Release of Note Guarantees. 152 ​ ​ ARTICLE 19 ​ MISCELLANEOUS PROVISIONS 153 ​ ​ ​ Section 19.01 Provisions Binding on Company’s Successors 153 Section 19.02 Official Acts by Successor Corporation 153 Section 19.03 Addresses for Notices, Etc. 154 Section 19.04 Governing Law; Jurisdiction 154 Section 19.05 Evidence of Compliance with Conditions Precedent; Certificates and Opinions of Counsel to Trustee and Collateral Agent 155 Section 19.06 Legal Holidays; Times of Day. 156 Section 19.07 Intentionally Omitted. 156 Section 19.08 Benefits of Indenture 156 Section 19.09 Table of Contents, Headings, Etc. 156 Section 19.10 Authenticating Agent 156 Section 19.11 Execution in Counterparts 157 Section 19.12 Severability 158 Section 19.13 Waiver of Jury Trial 158 Section 19.14 Force Majeure 158 Section 19.15 Calculations 158 Section 19.16 USA PATRIOT Act 159 Section 19.17 Insurance Laws 159 ​ EXHIBIT Exhibit A Form of Note A-1 Exhibit B Form of Security Agreement B-1 ​ ​ ​ SCHEDULES Schedule I Permitted Indebtedness I-1 Schedule II Permitted Liens II-1 ​ ​ ​ INDENTURE dated as of April [ ], 2023 between PORCH GROUP, INC., a Delaware corporation, as issuer (the “Company,” as more fully set forth in Section 1.01), the Subsidiary Guarantors from time to time party hereto and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, as trustee (the “Trustee,” as more fully set forth in Section 1.01) and as collateral agent (the “Collateral Agent,” as more fully set forth in Section 1.01).
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Authorization of Receipt of Funds by the Notes Collateral Agent Under the Notes Collateral Documents 61 SECTION 14.10 Intercreditor Agreement 61 SECTION 14.11 Reliance by Collateral Agent 61 Schedule A The Guarantors Appendix Provisions Relating to Securities Exhibit A Form of Security Exhibit B Form of Notation on Security Relating to Guarantee SENIOR SECURED INDENTURE, dated as of [ ], 20[ ], among UNITED RENTALS (NORTH AMERICA), INC., a corporation duly organized and existing under the laws of the State of Delaware (herein called the “Company”), having its principal office at 100 First Stamford Place, Suite 700, Stamford, Connecticut 06902, UNITED RENTALS, INC., a corporation duly organized and existing under the laws of the State of Delaware (herein called “Holdings”), the Subsidiaries of the Company named in Schedule A (herein called the “Subsidiary Guarantors” and, together with Holdings, the “Guarantors”) and XXXXX FARGO BANK, NATIONAL ASSOCIATION, national banking association having its designated corporate trust office at 000 Xxxx 00xx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, as trustee (herein called the “Trustee”) and Notes Collateral Agent.
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Authorization of Receipt of Funds by the Trustee and the Notes Collateral Agent Under the Security Documents 132
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Authorization of Receipt of Funds by the Trustee Under the ---------------------------------------------------------- Pledge Agreement................................................ 97 ---------------- ARTICLE ELEVEN MISCELLANEOUS......................................................... 98
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Authorization of Receipt of Funds by the Notes Collateral Agent Under the Notes Collateral Documents 62 SECTION 14.10 Intercreditor Agreement 62
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Authorization of Receipt of Funds by the Administrative Agent Under the Security Documents. The Administrative Agent is authorized to receive any funds for the benefit of the Lenders distributed under the Security Documents and the Intercreditor Agreement, and to make further distributions of such funds to the Lenders according to the provisions of this Agreement.
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Authorization of Receipt of Funds by the Trustee and the Notes Collateral Agent Under the Security Documents 130 Article 12 Satisfaction and Discharge Section 12.01. Satisfaction and Discharge 130 Section 12.02. Application of Trust Money 131
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Related to Authorization of Receipt of Funds

  • Authorization of Notes The Company will authorize the issue and sale of $53,500,000 aggregate principal amount of its 7.25% Senior Notes due December 30, 2029 (the “Notes”, such term to include any such notes issued in substitution therefor pursuant to Section 13). The Notes shall be substantially in the form set out in Exhibit 1. Certain capitalized and other terms used in this Agreement are defined in Schedule B; and references to a “Schedule” or an “Exhibit” are, unless otherwise specified, to a Schedule or an Exhibit attached to this Agreement.

  • Authorization of Agreement This Agreement has been duly authorized, executed and delivered by the Company.

  • Authorization of the Agreement This Agreement has been duly authorized, executed and delivered by the Partnership.

  • Authorization of Agreement, Etc The Borrower has the right and power, and has taken all necessary action to authorize it, to borrow and obtain other extensions of credit hereunder. The Borrower and each other Loan Party has the right and power, and has taken all necessary action to authorize it, to execute, deliver and perform each of the Loan Documents to which it is a party in accordance with their respective terms and to consummate the transactions contemplated hereby and thereby. The Loan Documents to which the Borrower or any other Loan Party is a party have been duly executed and delivered by the duly authorized officers of such Person and each is a legal, valid and binding obligation of such Person enforceable against such Person in accordance with its respective terms except as the same may be limited by bankruptcy, insolvency, and other similar laws affecting the rights of creditors generally and the availability of equitable remedies for the enforcement of certain obligations (other than the payment of principal) contained herein or therein may be limited by equitable principles generally.

  • Authorization of Units The outstanding common units of limited partnership in the Operating Partnership (“OP Units”) have been duly authorized for issuance by the Operating Partnership, and are validly issued. The OP Units have been offered, issued and sold in compliance with all applicable laws (including, without limitation, federal and state securities laws) in all material respects and conform to the description thereof contained in the Registration Statement and the Prospectus in all material respects. None of the OP Units were issued in violation of the preemptive or other similar rights of any securityholder of the Operating Partnership. Except as disclosed in the Registration Statement and the Prospectus, there are no outstanding options, rights (preemptive or otherwise) or warrants to purchase or subscribe for OP Units or other securities of the Operating Partnership.

  • Authorization and Description of Shares The Shares have been duly authorized for issuance and sale by the Company pursuant to this Agreement and, when issued and delivered by the Company pursuant to this Agreement against payment of the consideration set forth in this Agreement, will be validly issued and fully paid and non-assessable. The issuance of the Shares is not subject to the preemptive or other similar rights of any securityholder of the Company or any other person or entity. The Common Stock conforms to all statements relating thereto contained in the Registration Statement, the General Disclosure Package and the Prospectus and such statements conform to the rights set forth in the instruments defining the same. No holder of Shares will be subject to personal liability by reason of being such a holder.

  • AUTHORIZATION AND ISSUANCE OF SHARES 1. The Customer shall deliver to the Bank the following documents on or before the effective date of any increase, decrease or other change in the total number of Shares authorized to be issued:

  • Authorization of Common Stock If the Underwritten Securities being sold pursuant to the applicable Terms Agreement include Common Stock, such Underwritten Securities have been, or as of the date of such Terms Agreement will have been, duly authorized by the Company for issuance and sale pursuant to this Underwriting Agreement and such Terms Agreement. Such Underwritten Securities, when issued and delivered by the Company pursuant to this Underwriting Agreement and such Terms Agreement against payment of the consideration therefor specified in such Terms Agreement, will be validly issued, fully paid and non-assessable and will not be subject to preemptive or other similar rights of any securityholder of the Company. No holder of such Underwritten Securities is or will be subject to personal liability by reason of being such a holder.

  • Authorization of Agreements, Etc The execution and delivery by the Company of this Agreement and the performance by the Company of its obligations hereunder and the issuance, sale and delivery of the Note have been duly authorized by all requisite corporate action and will not violate any provision of law, any order of any court or other agency of government, the Certificate of Incorporation of the Company, as amended, or the Bylaws of the Company, as amended, or will not result in a violation of any provision of any indenture, agreement or other instrument to which the Company, or any of its properties or assets is bound, or conflict with, result in a material breach of or constitute (with due notice or lapse of time or both) a default under any such indenture, agreement or other instrument, or result in the creation or imposition of any lien, charge, restriction, encumbrance, or, to the Company’s knowledge, claim of any nature whatsoever upon any of the properties or assets of the Company, the result of any of which would have a material adverse effect on the business of the Company.

  • Authorization of Agreements The execution and delivery of this Amendment and the performance of the Amended Agreement have been duly authorized by all necessary corporate action on the part of Company.

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