BAs Sample Clauses
The "BAs" clause defines the roles and responsibilities of Business Associates (BAs) in relation to the handling of protected information, typically within the context of healthcare or data privacy agreements. This clause outlines the obligations of BAs to safeguard sensitive data, comply with relevant regulations such as HIPAA, and report any breaches or unauthorized disclosures. By clearly delineating these duties, the clause ensures that all parties understand their compliance requirements and helps mitigate the risk of data mishandling or regulatory violations.
BAs. (a) To facilitate availment of BA Loans, the Canadian Borrower hereby appoints each Lender as its attorney to sign and endorse on its behalf (in accordance with the Borrowing Request or Interest Election Request relating to a BA Loan pursuant to Section 2.02 or 2.08), in handwriting or by facsimile or mechanical signature as and when deemed necessary by such Lender, blank forms of BAs in the form requested by such Lender. The Canadian Borrower recognizes and agrees that all BAs signed and/or endorsed by a Lender on behalf of the Canadian Borrower shall bind the Canadian Borrower as fully and effectually as if signed in the handwriting of and duly issued by the proper signing officers of the Canadian Borrower. Each Lender is hereby authorized (in accordance with a Borrowing Request or Interest Election Request relating to a BA Loan) to issue such BAs endorsed in blank in such face amounts as may be determined by such Lender; provided, that the aggregate amount thereof is equal to the aggregate amount of BAs required to be accepted and purchased by such Lender. No Lender shall be liable for any damage, loss or other claim arising by reason of any loss or improper use of any such instrument except for the gross negligence or willful misconduct of such Lender or its officers, employees, agents or representatives. Each Lender shall maintain a record, which shall be made available to the Canadian Borrower upon its request, with respect to BAs (i) received by it in blank hereunder, (ii) voided by it for any reason, (iii) accepted and purchased by it hereunder, and (iv) canceled at their respective maturities. On request by the Canadian Borrower, a Lender shall cancel all forms of BAs which have been pre-signed or pre-endorsed on behalf of the Canadian Borrower and that are held by such Lender and are not required to be issued in accordance with the Canadian Borrower’s irrevocable Borrowing Request or Interest Election Request. Alternatively, the Canadian Borrower agrees that, at the request of the Administrative Agent, the Canadian Borrower shall deliver to the Administrative Agent a “depository note” which complies with the requirements of the Depository Bills and Notes Act (Canada), and consents to the deposit of any such depository note in the book-based debt clearance system maintained by the Canadian Depository for Securities.
(b) Drafts of the Canadian Borrower to be accepted as BAs hereunder shall be signed as set forth in this Section 2.06. Notwithstandin...
BAs. The Required Banks acknowledge and agree that Banc of America Securities LLC ("BAS") is hereby appointed "book manager" and "lead arranger".
BAs. The Stamping Fees payable on account of each BA will be paid in advance at the time of issue of each BA. Stamping Fees are calculated on the basis of the number of days in the term of a BA and a year of 365 days or 366 days, as applicable, on the face amount of the BA.
BAs. BAS, on behalf of the several Underwriters, may, in its sole discretion, waive in writing the performance by the Company or the Selling Stockholder of any one or more of the foregoing covenants or extend the time for their performance.
BAs. The Canadian Revolving Borrowers shall pay to the Canadian Lender the Acceptance Fee in Canadian Dollars in advance on the date of issue of each BA. Acceptance Fees shall be calculated on the face amount of each BA issued and based upon the number of days in the term thereof and a year of 365 days. The Canadian Revolving Borrowers authorize and direct the Canadian Lender to deduct from the Discounted Proceeds of BAs purchased by the Canadian Lender for its own account the amount of each such Acceptance Fee upon the issue of each BA.
BAs. BAS World B.V., acts as forwarder (organizes the shipment of the product from supplier to the agreed destination).
BAs. It is expressly agreed and understood by the Company and Advisor that OCP will not perform any services in connection with this Agreement that would require OCP, LLC to be registered as a FINRA/SEC registered Broker/Dealer. All such services will be performed exclusively by BAS.