Common use of Instructions to the Lender’s Bank Clause in Contracts

Instructions to the Lender’s Bank. All instructions and directions given to the Lender’s Bank by the Servicer, the Borrower or the Lender pursuant to this Section 2.04 shall be in writing (including instructions and directions transmitted to the Lender’s Bank in electronic format), and such written instructions and directions shall be delivered with a written certification that such instructions and directions are in compliance with the provisions of this Section 2.04. The Servicer and the Borrower shall immediately transmit to the Lender by telecopy a copy of all instructions and directions given to the Lender’s Bank by such party pursuant to this Section 2.04. The Lender shall immediately transmit to the Servicer and the Borrower by telecopy a copy of all instructions and directions given to the Lender’s Bank by the Lender, pursuant to this Section 2.04.

Appears in 6 contracts

Samples: Receivables Loan and Security Agreement (LEAF Equipment Finance Fund 4, L.P.), Vehicle Lienholder Nominee Agreement (LEAF Equipment Finance Fund 4, L.P.), Receivables Loan and Security Agreement (Resource America Inc)

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Instructions to the Lender’s Bank. All instructions and directions given to the Lender’s Lenders’ Bank by the Servicer, the Borrower or the Lender Lenders pursuant to this Section 2.04 shall be in writing (including instructions and directions transmitted to the Lender’s Lenders’ Bank in electronic format), and such written instructions and directions shall be delivered with a written certification that such instructions and directions are in compliance with the provisions of this Section 2.04. The Servicer and the Borrower shall immediately transmit to the Lender Lenders by telecopy a copy of all instructions and directions given to the Lender’s Lenders’ Bank by such party pursuant to this Section 2.04. The Each applicable Lender shall immediately transmit to the Servicer and the Borrower by telecopy a copy of all instructions and directions given to the Lender’s Lenders’ Bank by the LenderLenders, pursuant to this Section 2.04.

Appears in 4 contracts

Samples: Receivables Loan and Security Agreement (LEAF Equipment Leasing Income Fund III, L.P.), Receivables Loan and Security Agreement and Waiver (LEAF Equipment Finance Fund 4, L.P.), Receivables Loan and Security Agreement and Waiver (LEAF Equipment Leasing Income Fund III, L.P.)

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Instructions to the Lender’s Bank. All instructions and directions given to the Lender’s Lenders’ Bank by the Servicer, the Borrower or the Lender Lenders pursuant to this Section 2.04 shall be in writing (including instructions and directions transmitted to the Lender’s Lenders’ Bank in electronic format), and such written instructions and directions shall be delivered with a written certification that such instructions and directions are in compliance with the provisions of this Section 2.04. The Servicer and the Borrower shall immediately transmit to the Lender Lenders by telecopy a copy of all instructions and directions given to the Lender’s Lenders’ Bank by such party pursuant to this Section 2.04. The Lender shall immediately transmit to the Servicer and the Borrower by telecopy a copy of all instructions and directions given to the Lender’s Lenders’ Bank by the LenderLenders, pursuant to this Section 2.04.

Appears in 1 contract

Samples: Receivables Loan and Security Agreement (Resource America Inc)

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