Principal Facility Documents; Facility Trust and Security Instruments Sample Clauses

Principal Facility Documents; Facility Trust and Security Instruments. 1.4.1 Concurrently with the Effective Date, Developer has entered into the Facility Trust Agreement and the other Facility Trust and Security Instruments. TxDOT is either a party thereto or an express, intended third party beneficiary thereof. Developer at its expense shall be solely responsible for posting any indemnity bond or other security the trustee may require in connection with its services under the Facility Trust Agreement.
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Principal Facility Documents; Facility Trust and Security Instruments. 1.4.1 To the extent not reviewed and approved by TxDOT prior to the Effective Date, the Principal Facility Documents and any amendments thereto shall be subject to TxDOT’s prior review and approval for consistency with the CDA Documents and to confirm such documents do not adversely affect Developer’s ability to carry out its duties under the CDA Documents, increase TxDOT’s liability or materially adversely affect TxDOT’s step-in rights. Routine non- material change orders, deviations and waivers in the ordinary course of business under the Design-Build Contract and O&M Contracts will not require TxDOT’s prior written approval except to the extent otherwise provided in the NTTA Tolling Services Agreement, but Developer shall assure that the same are consistent with the CDA Documents and do not adversely affect Developer’s ability to carry out its duties under the CDA Documents.
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Principal Facility Documents; Facility Trust and Security Instruments. 1.4.1 To the extent not approved by TxDOT prior to the Effective Date, the Principal Facility Documents (except the NTTA Tolling Services Agreement) and any amendments thereto shall be subject to TxDOT’s prior written approval for consistency with the CDA Documents and to confirm such documents do not adversely affect Developer’s ability to carry out its duties under the CDA Documents, increase TxDOT’s liability or materially adversely affect TxDOT’s step-in rights. Routine non-material change orders, deviations and waivers in the ordinary course of business under the Design-Build Contract and O&M Contracts (except the NTTA Tolling Services Agreement) will not require TxDOT’s prior written approval, but Developer shall assure that the same are consistent with the CDA Documents and do not adversely affect Developer’s ability to carry out its duties under the CDA Documents. Refer to Section 8.2.2.2 for provisions on amendment of the NTTA Tolling Services Agreement.
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Principal Facility Documents; Facility Trust and Security Instruments. 1.4.1 Prior to or at Financial Close, Developer entered into the Facility Trust Agreement in substantially the form attached as Exhibit 30 to the 2013 Agreement and the other Facility Trust and Security Instruments to which Developer is a party. The Facility Trust Agreement was amended and restated in its entirety as of July 7, 2017, and may be further amended as of the Amendment Effective Date in substantially the form attached as Exhibit 30, if necessary to include the Segment 3C Facility Segment. TxDOT is either a party to the Facility Trust Agreement or an express, intended third party beneficiary thereof. Developer at its expense shall be solely responsible for posting any indemnity bond or other security the trustee may require in connection with its services under the Facility Trust Agreement.
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Related to Principal Facility Documents; Facility Trust and Security Instruments

  • Loan Documents Borrower shall provide to Lender the following documents for the Loan: (1) the Note; (2) Security Agreements granting to Lender security interests in the Collateral; (3) financing statements and all other documents perfecting Lender's Security Interests; (4) evidence of insurance as required below; (5) together with all such Related Documents as Lender may require for the Loan; all in form and substance satisfactory to Lender and Lender's counsel.

  • Security Documents (a) The Guarantee and Collateral Agreement is effective to create in favor of the Administrative Agent, for the benefit of the Secured Parties (as defined in the Guarantee and Collateral Agreement), a legal, valid and enforceable security interest in the Collateral described therein and proceeds thereof. In the case of the Pledged Stock as defined and described in the Guarantee and Collateral Agreement, when stock certificates representing such Pledged Stock are delivered to the Administrative Agent, and in the case of the other Collateral described in the Guarantee and Collateral Agreement as of the Restatement Effective Date, when financing statements and other filings specified on Schedule 4.17 in appropriate form are filed in the offices specified on Schedule 4.17 to the extent such filings are effective to perfect a security interest in such Collateral, the Guarantee and Collateral Agreement shall constitute a fully perfected Lien on, and security interest in, all right, title and interest of the Loan Parties in such Collateral and the proceeds thereof, as security for the Obligations (as defined in the Guarantee and Collateral Agreement) under the laws of the United States, in each case prior and superior in right to any other Person (except (i) in the case of Collateral other than Pledged Stock, Permitted Liens and (ii) in the case of Pledged Stock, statutory Liens or nonconsensual Liens); and (b) when executed, each of the Mortgage Amendments will be effective to continue in favor of the Administrative Agent, for the benefit of the Lenders, a legal, valid and enforceable Lien on the Mortgaged Properties described therein and proceeds thereof, and when the Mortgage Amendments are accepted for recording in the applicable recording offices, each such Mortgage shall constitute a fully perfected Lien on, and security interest in, all right, title and interest of the Loan Parties in the Mortgaged Properties and the proceeds thereof, as security for the Obligations (as defined in the relevant Mortgage), in each case prior and superior in right to any other Person (except for any Permitted Lien other than Liens securing Indebtedness). Schedule 1.1F lists, as of the Restatement Effective Date, each parcel of owned real property and each leasehold interest in real property located in the United States and held by the Borrower or any of its Subsidiaries that has a value, in the reasonable opinion of the Borrower, in excess of $5,000,000.

  • Credit Union Lien and Security Interest To the extent you owe the Credit Union money as a borrower, guarantor, indorser or otherwise, the Credit Union has a lien on any or all of the funds in any account in which you have an ownership interest at the Credit Union, regardless of the source of the funds. The Credit Union may apply these funds in any order to pay off your indebtedness without further notice to you. If the Credit Union chooses not to enforce its lien, the Credit Union does not waive its right to enforce the lien at a later time. In addition, you grant the Credit Union a consensual security interest in your accounts and agree the Credit Union may use the funds from your accounts to pay any debt or amount owed the Credit Union, except obligations secured by your dwelling, unless prohibited by applicable law. All accounts are nonassignable and nontransferable to third parties.

  • Bank Financing The Buyer’s ability to purchase the Property is contingent upon the Buyer’s ability to obtain financing under the following conditions: (check one) ☐ - Conventional Loan ☐ - FHA Loan (Attach Required Addendums) ☐ - VA Loan (Attach Required Addendums) ☐ - Other:

  • The Loan Section 2.01. The Bank agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Loan Agreement, various currencies that shall have an aggregate value equivalent to the amount of one hundred million dollars ($100,000,000), being the sum of withdrawals of the proceeds of the Loan, with each withdrawal valued by the Bank as of the date of such withdrawal.

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