Common use of Instructions to the Account Bank Clause in Contracts

Instructions to the Account Bank. All instructions and directions given to the Account Bank by the Administrative Agent pursuant to this Section 2.08 shall be in writing (including instructions and directions transmitted to the Account Bank by facsimile or e-mail) or pursuant to an electronic transmission system established between the Administrative Agent and the Account Bank on the Closing Date. The Administrative Agent shall transmit to the Borrower by facsimile or e-mail a copy of all instructions and directions given to the Account Bank by the Administrative Agent pursuant to this Section 2.08 concurrently with the delivery thereof.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (Carlyle Secured Lending III), Loan and Servicing Agreement (Carlyle Secured Lending III)

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Instructions to the Account Bank. All instructions and directions given to the Account Bank by the Administrative Agent Agent, at the direction of the Majority Lenders, pursuant to this Section 2.08 2.09 shall be in writing (including instructions and directions transmitted to the Account Bank by facsimile or e-maile‐mail) or pursuant to an electronic transmission system established between the Administrative Agent and acceptable to the Account Bank on the Closing DateBank. The Administrative Agent shall transmit to the Servicer and the Administrative Borrower by facsimile or e-e‐ mail a copy of all instructions and directions given to the Account Bank by the Administrative Agent pursuant to this Section 2.08 2.09 concurrently with the delivery thereof.. (e)

Appears in 2 contracts

Samples: Loan and Servicing Agreement (White Mountains Insurance Group LTD), Loan and Servicing Agreement (White Mountains Insurance Group LTD)

Instructions to the Account Bank. All instructions and directions given to the Account Bank by the Administrative Agent pursuant to this Section 2.08 shall be in writing (including instructions and directions transmitted to the Account Bank by facsimile or e-mail) or pursuant to an electronic transmission system established between the Administrative Agent and the Account Bank on the Closing Date. The Administrative Agent shall transmit to the Facility Servicer and the Borrower by facsimile or e-mail a copy of all instructions and directions given to the Account Bank by the Administrative Agent such party pursuant to this Section 2.08 concurrently with the delivery thereof.

Appears in 1 contract

Samples: Loan and Servicing Agreement (Cim Real Estate Finance Trust, Inc.)

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Instructions to the Account Bank. All instructions and directions given to the Account Bank by the Administrative Agent pursuant to this Section 2.08 shall be in writing (including instructions and directions transmitted to the Account Bank by facsimile or e-maile‐mail) or pursuant to an electronic transmission system established between the Administrative Agent and the Account Bank on the Closing Date. The Administrative Agent shall transmit to the Borrower by facsimile or e-mail e‐mail a copy of all instructions and directions given to the Account Bank by the Administrative Agent pursuant to this Section 2.08 concurrently with the delivery thereof.. (e)

Appears in 1 contract

Samples: Loan and Servicing Agreement (Carlyle Secured Lending III)

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