Master Agency Agreement. The Amended and Restated Master Depository Accounts and Post Office Boxes and Agency Agreement, dated as of December 16, 2005, among Bridgecrest Credit Company, LLC, Bridgecrest Acceptance Corporation, DriveTime Car Sales, Inc., The Royal Bank of Scotland (successor-in-interest to Greenwich Capital Financial Products, Inc.), Xxxxx Fargo Bank, National Association, Wilmington Trust Company, in its capacity of owner trustee of certain “Current Trusts” identified therein, and such other persons or entities that became a party to the Agreement pursuant to the terms thereof pursuant to any applicable acknowledgment and agreement, as amended by that Amendment No. 1 to Amended and Restated Master Depository Accounts and Post Office Boxes and Agency Agreement dated as of March 14, 2018 and as further amended, restated, modified or supplemented from time to time.
Master Agency Agreement the Amended and Restated Master Depository Accounts and Post Office Boxes and Agency Agreement, dated as of December 16, 2005, among DT Credit Corporation, Car Sales, the Guarantor, Xxxxx Fargo Bank, National Association, Wilmington Trust Company, in its capacity as Trustee, and certain other parties thereto, as amended, modified or supplemented from time to time, together with any acknowledgment and agreement.
Master Agency Agreement. The Amended and Restated Master Depository Accounts and Post Office Boxes and Agency Agreement, dated as of December 16, 2005, among Bridgecrest Credit Company, LLC, Bridgecrest Acceptance Corporation, DriveTime Car Sales, Inc., The Royal Bank of Scotland (successor-in-interest to Greenwich Capital Financial Products, Inc.), Computershare Trust Company, National Association (as successor in interest to Xxxxx Fargo Bank, National Association), Wilmington Trust Company, in its capacity of owner trustee of certain “Current Trusts” identified therein, and such other persons or entities that became a party to the Agreement pursuant to the terms thereof pursuant to any applicable acknowledgment and agreement, as amended by that Amendment No. 1 to Amended and Restated Master Depository Accounts and Post Office Boxes and Agency Agreement dated as of March 14, 2018 and as further amended, restated, modified or supplemented from time to time.
Master Agency Agreement. (i) All Inventory Management Agents and/or the Funding and Notice Agent under the Master Agency Agreement shall have resigned without adequate replacements having been appointed in accordance with the Master Agency Agreement, (ii) the Master Agency Agreement has been terminated and not concurrently restated or replaced with a substantially similar arrangement, which arrangement is acceptable to the Agent and the Required Lenders in their reasonable discretion, (iii) a Master Agency Agreement Termination Event has occurred or (iv) a Servicer Specified Event of Default has occurred.
Master Agency Agreement. Subservicer shall comply in all material respects with the Master Agency Agreement in regard to the Pledged Contracts.
Master Agency Agreement. Each of the Company Shareholders and the Company shall (a) take, or cause to be taken, all actions necessary or advisable to terminate as soon as possible, and in any event prior to the Closing, the Master Agency Agreement without any further obligations or Liabilities (including any obligations to make expense reimbursements, termination fees or other payments thereunder) of the Company or any of its Affiliates (including, from and after the Closing, Yucaipa and its Affiliates), (b) procure and undertake that no expense reimbursements, termination fees or other payments under the Master Agency Agreement are made by the Company or its Affiliates between the date hereof and Closing and (c) procure and undertake that any payments that were made by the Company or any its Affiliates under the Master Agency Agreement on or after January 1, 2021 are repaid or cause to be repaid in full to the Company.
Master Agency Agreement. The Parties agree as follows: In addition to the Buyer’s liability under Clause 6.3, If the Buyer fails to pay any amount due and outstanding under this Agreement (the Due Amount) despite a demand from the Bank, the Buyer shall undertake to donate an amount on the amounts outstanding calculated at the rate of two percent (2%) above the prevailing quarterly EIBOR calculated from the due date to the date of actual payment of such amounts (the Donation Amount), to a charity designated by the Bank. A notice for payment of the Donation Amount issued by the Bank to the Buyer, upon there being a non-payment of the Due Amount by the Buyer, shall constitute an obligation on the Buyer to immediately pay such Donation Amount in accordance with this clause. If the Buyer fails to make the payment of the Donation Amount then the Seller shall be entitled to deduct such Donation Amount from any account of the Buyer held with the Bank without further notice. The Donation Amount collected from the Buyer shall be paid to the designated charity by the Seller (on behalf of the Buyer) under the supervision of its Internal Sharia Supervision Committee (“ISSC”) after deducting its actual collection expenses (attributable to the subject transaction) as per the approved policy of the ISSC. For the purpose of this clause and subject to the provision of the notice under the sub-clause (b) above, the Buyer shall be considered a procrastinator until the Buyer proves otherwise. The Parties agree as follows: We hereby authorize you to debit the amounts of the installments falling due in addition to the Donation Amount (if any) from all our accounts with you (Current/Saving/Investment Deposit) whether in local or foreign currency. We further authorize you to exchange foreign currency at the rate prevailing on the exchange date in a manner that fulfills the payment of such installments, irrespective whether such accounts existed at the time of the signing of this Contract or to be opened thereafter. Further, we, in case of default of payment of the Sale Price, authorize you to block the balances of such accounts and confirm that you shall have priority over other creditors with respect to collecting the outstanding Sale Price and any Donation Amount from the balances of such accounts. A notice for payment of the Donation Amount issued by the Bank to us, upon there being a non-payment of the Due Amount by us, shall constitute an obligation on us to immediately pay such Donation Amount in ac...
Master Agency Agreement. That certain Amended and Restated Master Depository Accounts and Post Office Boxes and Agency Agreement, dated as of December 16, 2005 among DTCC, DTCS, The Royal Bank of Scotland (successor-in-interest to Greenwich Capital Financial Products, Inc.), Xxxxx Fargo Bank, N.A. and Wilmington Trust Company, in its capacity as owner trustee of certain “Current Trusts” identified therein, as amended, modified or supplemented from time to time with the prior written consent of the Administrative Agent, together with any acknowledgement and agreement.
Master Agency Agreement. Exhibit J hereto is a full, complete and correct copy of the Master Agency Agreement and such agreement has not been modified and is in full force and effect. There are no agreements or understandings relating to the Master Agency Agreement that are not fully and accurately described in Exhibit J.
Master Agency Agreement. The Borrower shall not modify, amend or waive any provision of the Master Agency Agreement without the prior written consent of the Lender.
