Notification of balances. 7 (seven) business days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Implementation Agency and/or the Authority as to the relevant Payment Dates), the Escrow Bank shall notify the Authority of the balances in the Escrow Account and Sub-Accounts as at the close of business on the immediately preceding business day.
Appears in 3 contracts
Samples: Escrow Agreement, Escrow Agreement, Escrow Agreement
Notification of balances. 7 (seven) business days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Implementation Agency Operator and/or the Authority Lenders' Representative as to the relevant Payment Dates), the Escrow Bank shall notify the Authority Lenders' Representative of the balances in the Escrow Account and Sub-Accounts as at the close of business on the immediately preceding business day.
Appears in 3 contracts
Notification of balances. 7 (seven7(seven) business days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Implementation Agency Concessionaire and/or the Authority Lenders’ Representative as to the relevant Payment Dates), the Escrow Bank shall notify the Authority Lenders’ Representative of the balances in the Escrow Account and Sub-Accounts as at the close of business on the immediately preceding business day.
Appears in 3 contracts
Samples: Escrow Agreement, Escrow Agreement, Escrow Agreement
Notification of balances. 7 (seven) business days Business Days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Implementation Agency Concessionaire and/or the Authority Lenders‟ Representative as to the relevant Payment Dates), the Escrow Bank shall notify the Authority Lenders‟ Representative of the balances in the Escrow Account and Sub-Sub- Accounts as at the close of business on the immediately preceding business day.
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
Notification of balances. 7 (seven) business days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Implementation Agency Concessionaire and/or the Authority Lenders’ Representative as to the relevant Payment Dates), the Escrow Bank shall notify the Authority Lenders’ Representative of the balances in the Escrow Account and Sub-Accounts as at the close of business on the immediately preceding business day.
Appears in 2 contracts
Notification of balances. 7 (seven) business days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Implementation Agency Concessionaire and/or the Authority Lenders‟ Representative as to the relevant Payment Dates), the Escrow Bank shall notify the Authority Lenders’ Representative of the balances in the Escrow Account and Sub-Accounts as at the close of business on the immediately preceding business day.
Appears in 2 contracts
Samples: Escrow Agreement, Escrow Agreement
Notification of balances. 7 (seven) business days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Implementation Agency Licensee and/or the Authority Lenders’ Representative as to the relevant Payment Dates), the Escrow Bank shall notify the Authority Lenders’ Representative of the balances in the Escrow Account and Sub-Accounts as at the close of business on the immediately preceding business day.
Appears in 1 contract
Samples: Format for Escrow Agreement
Notification of balances. 7 (seven) business days Business Days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Implementation Agency Contractor and/or the Authority Government as to the relevant Payment Dates), the Escrow Bank shall notify the Authority Government of the balances in the Escrow Account and Sub-Accounts as at the close of business on the immediately preceding business day.
Appears in 1 contract
Samples: Model Revenue
Notification of balances. 7 (seven) business days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Implementation Agency BBMP and/or the Authority Service Provider as to the relevant Payment Dates), the Escrow Bank shall notify the Authority BBMP of the balances in the Escrow Account and Sub-Accounts as at the close of business on the immediately preceding business day.
Appears in 1 contract
Samples: Escrow Agreement
Notification of balances. 7 (seven) business days prior to each Payment Date payment date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Implementation Agency Concessionaire and/or the Authority Lenders’ Representative as to the relevant Payment Datespayment dates), the Escrow Bank shall notify the Authority Lenders’ Representative of the balances in the Escrow Account and Sub-Accounts as at the close of business on the immediately preceding business day.
Appears in 1 contract
Samples: Escrow Agreement
Notification of balances. 7 (seven) business days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Implementation Agency Concessionaire and/or the Authority Lenders’ Representative as to the relevant Payment Dates), the Escrow Bank shall notify the Authority Lenders’ Representative of the balances in the Escrow Account and Sub-Sub- Accounts as at the close of business on the immediately preceding business day.
Appears in 1 contract
Samples: Escrow Agreement
Notification of balances. 7 (seven) business days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Implementation Agency and/or the Authority Operator as to the relevant Payment Dates), the Escrow Bank shall notify the Authority Temple office of the balances in the Escrow Account and Sub-Accounts as at the close of business on the immediately preceding business day.
Appears in 1 contract
Samples: Agreement
Notification of balances. 7 (seven) business days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Implementation Agency and/or the Authority Operator as to the relevant Payment Dates), the Escrow Bank shall notify the Authority Operator of the balances and any anticipated shortfall in the Escrow Account and Sub-Accounts as at the close of business on the immediately preceding business day. In the event of any such shortfall, the Operator shall meet the same by crediting adequate sums to the Escrow Account from its own financial sources.
Appears in 1 contract
Samples: Escrow Agreement
Notification of balances. i. 7 (seven) business days prior to each Payment Date (and for this purpose the Escrow Bank shall be entitled to rely on an affirmation by the Implementation Agency Concessionaire and/or the Authority Lenders’ Representative as to the relevant Payment Dates), the Escrow Bank shall notify the Authority Lenders’ Representative of the balances in the Escrow Account and Sub-Sub- Accounts as at the close of business on the immediately preceding business day.
Appears in 1 contract
Samples: Draft Concession Agreement