Security Procedure For Funds Transfers Sample Clauses

Security Procedure For Funds Transfers. The Escrow Agent shall confirm each funds transfer instruction received in the name of a Party by means of the security procedure selected by such Party and communicated to the Escrow Agent through a signed certificate in the form of Exhibit B-1 or Exhibit B-2 attached hereto, which upon receipt by the Escrow Agent shall become a part of this Escrow Agreement. Once delivered to the Escrow Agent, Exhibit B-1 or Exhibit B-2 may be revised or rescinded only by a writing signed by an authorized representative of the Party. Such revisions or rescissions shall be effective only after actual receipt and following such period of time as may be necessary to afford the Escrow Agent a reasonable opportunity to act on it. If a revised Exhibit B-1 or B-2 or a rescission of an existing Exhibit B-1 or B-2 is delivered to the Escrow Agent by an entity that is a successor-in-interest to such Party, such document shall be accompanied by additional documentation satisfactory to the Escrow Agent showing that such entity has succeeded to the rights and responsibilities of the Party under this Escrow Agreement. The Parties understand that the Escrow Agent’s inability to receive or confirm funds transfer instructions pursuant to the security procedure selected by such Party may result in a delay in accomplishing such funds transfer, and agree that the Escrow Agent shall not be liable for any loss caused by any such delay.
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Security Procedure For Funds Transfers. The Administrative Agent shall confirm each funds transfer instruction received in the name of any Borrower or the Borrowers’ Agent by means of the security procedure selected the Borrowers’ Agent and communicated to the Administrative Agent through a signed certificate in the form of Exhibit 11.21, which upon receipt by the Administrative Agent shall become a part of this Agreement. Once delivered to the Administrative Agent, Exhibit 11.21 may be revised or rescinded only by a writing signed by an authorized representative of the Borrowers’ Agent. Such revisions or rescissions shall be effective only after actual receipt and following such period of time as may be necessary to afford the Administrative Agent a reasonable opportunity to act on it. If a revised certificate in the form of Exhibit 11.21 or a rescission of any such existing certificate is delivered to the Administrative Agent by an entity that is a successor-in-interest to the Borrowers’ Agent, such document shall be accompanied by additional documentation satisfactory to the Administrative Agent showing that such entity has succeeded to the rights and responsibilities of the BorrowersAgent under this Agreement. The parties understand that the Administrative Agent’s inability to receive or confirm funds transfer instructions pursuant to the security procedure selected by the Borrowers’ Agent may result in a delay in accomplishing such funds transfer, and agree that the Administrative Agent shall not be liable for any loss caused by any such delay.
Security Procedure For Funds Transfers. The Escrow Agent shall confirm each funds transfer instruction received in the name of a party by means of the security procedure selected by such party and communicated to the Escrow Agent in the form of Exhibits A-1 and A-2 attached hereto, which upon delivery by such party shall become a part of this Agreement. Once delivered to the Escrow Agent, Exhibits A-1 and A-2 may be revised or rescinded only by a writing signed by an authorized representative of the party. Such revisions or rescissions shall be effective only after actual receipt and following such period of time as may be necessary to afford the Escrow Agent reasonable opportunity to act on it. If a revised Exhibits A-1 or A-2 or a rescission of an existing Exhibits A-1 or A-2 is delivered to the Escrow Agent by an entity that is a successor-in-interest to a party, such document shall be accompanied by additional documentation satisfactory to the Escrow Agent showing that such entity has succeeded to the rights and responsibilities of the party under this Agreement. The parties understand that the Escrow Agent’s inability to receive or confirm funds transfer instructions pursuant to the security procedure selected by such party may result in a delay in accomplishing such funds transfer, and agree that the Escrow Agent shall not be liable for any loss caused by any such delay.
Security Procedure For Funds Transfers. The Trustee shall confirm each funds transfer instruction received in the name of a party by means of the security procedure selected by such party and communicated to the Trustee through a signed certificate in the form of Schedule 1 attached hereto, which upon receipt by the Trustee shall become a part of this Indenture. Once delivered to the Trustee, Schedule 1 may be revised or rescinded only by a writing signed by an authorized representative of the party. Such revisions or rescissions shall be effective only after actual receipt and following such period of time as may be necessary to afford the Trustee a reasonable opportunity to act on it. If a revised Schedule 1 or a rescission of an existing Schedule 1 is delivered to the Trustee by an entity that is a successor-in-interest to a party, such document shall be accompanied by additional documentation satisfactory to the Trustee showing that such entity has succeeded to the rights and responsibilities of the party under this Indenture. The parties understand that the Trustee’s inability to receive or confirm funds transfer instructions pursuant to the security procedure selected by such party may result in a delay in accomplishing such funds transfer, and agree that the Trustee shall not be liable for any loss caused by any such delay.
Security Procedure For Funds Transfers. The Escrow Agent shall confirm each funds transfer instruction received from Performing Parties and NOAA by means of the security procedure selected by the Performing Parties and NOAA and communicated to the Escrow Agent through a signed certificate in the form of Exhibit X-0, Xxxxxxx X-0, or Exhibit B-3 attached hereto, which upon receipt by the Escrow Agent shall become a part of this Escrow
Security Procedure For Funds Transfers. The Escrow Agent shall confirm each funds transfer instruction received in the name of a Party by means of the security procedure selected by such Party and communicated to the Escrow Agent through a signed certificate in the form of Schedule II-1 or Schedule II-2 attached hereto, which upon receipt by the Escrow Agent shall become a part of this Escrow Agreement. Once delivered to the Escrow Agent, Schedule II-1 or Schedule II-2 may be revised or rescinded only by a writing signed by an authorized representative of the Party. Such revisions or rescissions shall be effective only after actual receipt and following such period of time as may be necessary to afford the Escrow Agent a reasonable opportunity to act on it. If a revised Schedule II-1 or II-2 or a rescission of an existing Schedule II-1 or II-2 is delivered to the Escrow Agent by an entity that is a successor-in-interest to such Party, such document shall be accompanied by additional documentation satisfactory to the Escrow Agent showing that such entity has succeeded to the rights and responsibilities of the Party under this Escrow Agreement.
Security Procedure For Funds Transfers. The Bank shall confirm each funds transfer instruction received from the Company or Secured Party by means of the security procedure selected by such party and communicated to the Bank through a signed certificate in the form of Schedule A or Schedule B (each, “Schedule” and together, the “Schedules”), respectively, attached hereto, which upon receipt by the Bank shall each become a part of this Agreement. Once delivered to the Bank, the Schedules may be revised or rescinded only by a writing signed by an authorized representative of the Company or Secured Party. Such revisions or rescissions shall be effective only after actual receipt and following such period of time as may be necessary to afford the Bank a reasonable opportunity to act on it. If a revised Schedule or a rescission of an existing Schedule is delivered to the Bank by an entity that is a successor-in-interest to a party, such document shall be accompanied by additional documentation satisfactory to the Bank showing that such entity has succeeded to the rights and responsibilities of the party under this Agreement. The parties understand that the Bank’s inability to receive or confirm funds transfer instructions pursuant to the security procedure selected by such party may result in a delay in accomplishing such funds transfer, and agree that the Bank shall not be liable for any loss caused by any such delay. This Agreement has been signed by the duly authorized officers or representatives of Company, Secured Party and Bank as of the date specified below. Date: April 25, 2013 Deposit Account Number: MAVRIX, LLC, as Company By: /s/ Xxxxxxxx X. Xxxx Name: Xxxxxxxx X. Xxxx Title: President Address for Notices: c/o Clean Energy Renewable Fuels, LLC 0000 Xxx Xxxxx Xxxxxxx, Xxxxx 000 Xxxx Xxxxx, XX 00000 Attention: Xxxxxxxx Xxxx with a copy to: Clean Energy Fuels Corp. 0000 Xxx Xxxxx Xxxxxxx, Xxxxx 000 Xxxx Xxxxx, XX 00000 Attention: Xxxx Xxxxxx MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY, as Secured Party By: Babson Capital Management LLC, its Investment Adviser By: /s/ Xxxxx X. Xxxx Name: Xxxxx X. Xxxx Title: Managing Director Address for Notices: Massachusetts Mutual Life Insurance Company c/o Babson Capital Management, LLC Energy Finance Group 000 Xxxxxxx Xxx, 00xx Xxxxx Xxx Xxxx, XX 00000 Attn: Xxxxx X. Xxxx [SIGNATURE PAGES CONTINUE] XXXXX FARGO BANK, NATIONAL ASSOCIATION By: /s/ Xxxxxxxxx Xxxxx Name: Xxxxxxxxx Xxxxx Title: Relationship Manager Address for Notices: Xxxxx Fargo Bank, Nationa...
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Security Procedure For Funds Transfers. In the event a Joint Release Notice or other funds transfer request pursuant to this Section 2 is delivered to the Escrow Agent, in accordance with this Agreement, whether in writing, by telecopier or otherwise, the Escrow Agent may seek confirmation of such instruction by telephone call back to the Authorized Person. If the Escrow Agent is unable to verify the instructions, or is not satisfied with the verification it receives, it will not execute the instruction until all such issues have been resolved. The persons and telephone numbers for callbacks may be changed only in writing actually received and acknowledged by the Escrow Agent.
Security Procedure For Funds Transfers. The Paying Agent shall confirm each funds transfer instruction received in the name of a Party listed on Exhibit A-1 or Exhibit A-2 attached hereto, which upon receipt by the Paying Agent shall become a part of this Agreement. Once delivered to the Paying Agent, Exhibit A-1 or Exhibit A-2 may be revised or rescinded only by a writing signed by an authorized representative of the Party. Such revisions or rescissions shall be effective only after actual receipt and following such period of time as may be necessary to afford the Paying Agent a reasonable opportunity to act on it. If a revised Exhibit A-1 or A-2 or a rescission of an existing Exhibit A-1 or A-2 is delivered to the Paying Agent by an entity that is a successor-in-interest to such Party, such document shall be accompanied by additional documentation satisfactory to the Paying Agent showing that such entity has succeeded to the rights and responsibilities of the Party under this Agreement. In the event a Joint Written Instruction is delivered to the Paying Agent, whether in writing, by telecopier or otherwise, the Paying Agent is authorized to seek confirmation of such instruction by telephone call back to the person or persons designated in Exhibits A-1 and or A-2 annexed hereto (the “Call Back Authorized Individuals”), and the Paying Agent may rely upon the confirmations of anyone purporting to be a Call Back Authorized Individual. To assure accuracy of the instructions it receives, the Paying Agent may record such call backs. If the Paying Agent is unable to verify the instructions, or is not satisfied with the verification it receives, it will not execute the instruction until all such issues have been resolved. The persons and telephone numbers for call backs may be changed only in writing, executed by authorized signers of the applicable Party set forth on Exhibits A-1 and A-2 and actually received and acknowledged by the Paying Agent. Each of Ginkgo and Amyris understand that the Paying Agent’s inability to receive or confirm funds transfer instructions pursuant to the security procedure selected by such party may result in a delay in accomplishing such funds transfer, and agree that the Paying Agent shall not be liable for any loss caused by any such delay.
Security Procedure For Funds Transfers. The Escrow Agent will confirm each funds transfer instruction received from Buyer or the Company by means of the security procedure selected by such party and communicated to the Escrow Agent through a signed certificate in the form of Exhibit C-1 or Exhibit C-2 attached hereto, which upon receipt by the Escrow Agent will become a part of this Agreement. Once delivered to the Escrow Agent, Exhibit C-1 or Exhibit C-2 may be revised or rescinded only by a writing signed by an authorized representative of Buyer or the Company, as applicable. Such revisions or rescissions will be effective only after actual receipt and following such period of time as may be necessary to afford the Escrow Agent a reasonable opportunity to act on it. If a revised Exhibit C-1 or Exhibit C-2 or a rescission of an existing Exhibit C-1 or Exhibit C-2 is delivered to the Escrow Agent by an entity that is a successor-in-interest to Buyer or the Company, such document will be accompanied by additional documentation satisfactory to the Escrow Agent showing that such entity has succeeded to the rights and responsibilities of such party under this Agreement. Each of Buyer and the Company understands that the Escrow Agent’s inability to receive or confirm funds transfer instructions pursuant to the security procedure selected by such party may result in a delay in accomplishing such funds transfer, and agree that the Escrow Agent will not be liable for any loss caused by any such delay.
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