Specified Account Debtors Sample Clauses

Specified Account Debtors. The account debtors of the Borrower specifically disclosed in writing to the Agents and the Banks pursuant to a letter from the Borrower to the Agents and the Banks delivered as of the Closing Date (the "Specified Account Debtor Letter") so long as the Agents shall not have notified the Borrower in writing that the Agents shall have determined in their discretion that any such Person shall no longer constitute a Specified Account Debtor or shall constitute a Specified Account Debtor under a different heading as set forth on the Specified Account Debtor Letter. Specified Account Debtor Letter. See the definition of Specified Account Debtors.
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Specified Account Debtors. Company Anheuser-Xxxxx InBev Rexam Ball Corp. Jaguar Land Rover / Tata Motors BMW Volkswagen / Audi Ford Schedule 1.01(e) Excluded Collateral Subsidiaries United States • Eurofoil, Inc. (USA) Germany • Novelis Aluminum Beteiligungs GmbH Brazil • Albrasilis Aluminio do Brasil Indústria e Comércio Ltda. France • Novelis Laminés France SAS Malaysia • Al Dotcom Sdn Berhad • Alcom Nikkei Specialty Coatings Sdn Berhad India • Novelis (India) Infotech Ltd. Mexico • Novelis de Mexico, S.A. de C.V. Italy • Novelis Italia SpA Schedule 1.01(f) Excluded Subsidiaries Ireland • Novelis Aluminium Holding Company Brazil • Albrasilis Aluminio do Brasil Indústria e Comércio Ltda. • Novelis do Brasil Ltda. • Xxxxx Energetica Ltda • Brecha Energetica Ltda • Maynart Energetica Ltda Portugal (Madeira) • Novelis Madeira, Unipessoal, Lda France • Novelis Laminés France SAS • Novelis PAE S.A.S. Malaysia • Al Dotcom Sdn Berhad • Alcom Nikkei Specialty Coatings Sdn Berhad • Aluminum Company of Malaysia Berhad India • Novelis (India) Infotech Ltd. Mexico • Novelis de Mexico, S.A. de C.V. Italy • Novelis Italia SpA Korea • Novelis Korea Ltd. China • Novelis (Shanghai) Aluminum Trading Company • Novelis (China) Aluminum Products Co. Ltd. Dubai • Novelis MEA Ltd Vietnam • Novelis Vietnam Company Limited • Schedule 1.01(g) Joint Venture Subsidiaries • Malaysia • Aluminum Company of Malaysia Berhad Schedule 2.18 Existing Letters of Credit Bank Beneficiary L/C Number Face Amount Expiration Date Royal Bank of Scotland Xxxxxxxxxxxx Xxxxxxxxxxxx XXX0000XX 400,000 EUR Evergreen Xxxxx Xxxx xx Xxxxxxxx XXX Xxxxxxxxxxxxxxxxxxx-XX XXX0000XX 24,000 EUR 10/2/2014 Royal Bank of Scotland ExxonMobil LCA2591NY 750,000 EUR 12/31/2014 Xxxxx Xxxx xx Xxxxxxxx Xxxxx & Xx Xxxxxxxx XXX0000XX 200,000 CHF 9/30/2020 Xxxxx Xxxx xx Xxxxxxxx Xxxxx & Xx Xxxxxxxx XXX0000XX 300,000 CHF 9/30/2020 Xxxxx Xxxx xx Xxxxxxxx Xxxxx xxx Xx XXX0000XX 100,000 CHF 5/30/2020 Royal Bank of Scotland Dalian Huichbeng Aluminum Co. 223,500 EUR 10/14/2014 Royal Bank of Scotland Xxxxxxx Xxxxxxx SPA 385,000 EUR 11/15/2014 Royal Bank of Scotland China Xxx Xxx International 65,000 EUR 2/25/2015 Royal Bank of Scotland China Xxx Xxx International 6,500 EUR 2/25/2015 Royal Bank of Scotland China Xxx Xxx International 5,200 EUR 2/25/2015 Royal Bank of Scotland Baotou China 149,050 EUR 4/3/15 Royal Bank of Scotland Constellium NH 120,000 EUR 4/9/15 Royal Bank of Scotland Guihai China 62,173 EUR 4/9/15 Royal Bank of Scotland Constellium Frans SAS ...
Sample 1
Specified Account Debtors. The Borrower shall have delivered a proposed initial list of Specified Account Debtors to the Lender, and the Lender shall have indicated in writing to the Borrower which Account Debtors on such list shall not constitute Specified Account Debtors, and such list, as so edited by the Lender, shall constitute the initial list of Specified Account Debtors.
Sample 1
Specified Account Debtors. Company Concentration Limit • Anheuser-Xxxxx Inc. 30 % • Rexam Beverage Can Company 30 % • Ball Metal Beverage Container Corp. 20 % Schedule 1.01(e) Excluded Collateral Subsidiaries United States • Eurofoil, Inc. Germany • Novelis Aluminum Beteiligungs GmbH Brazil • Albrasilis Aluminio do Brasil Indústria e Comércio Ltda. France • Novelis Foil France SAS • Novelis Laminés France SAS Malaysia • Al Dotcom Sdn Berhad • Alcom Nikkei Specialty Coatings Sdn Berhad India • Novelis (India) Infotech Ltd. Belgium • Novelis Belgique SA • Novelis Benelux N.V. Mexico • Novelis de Mexico, S.A. de C.V. Italy • Novelis Italia SpA Schedule 1.01(f) Excluded Subsidiaries Ireland • Novelis Aluminium Holding Company Brazil • Albrasilis Aluminio do Brasil Indústria e Comércio Ltda. • Novelis do Brasil Ltda. Portugal (Madeira) • Novelis Madeira, Unipessoal, Lda Luxembourg • Novelis Luxembourg SA France • Novelis Foil France S.A.S. • Novelis Laminés France SAS • Novelis PAE S.A.S. Malaysia • Al Dotcom Sdn Berhad • Alcom Nikkei Specialty Coatings Sdn Berhad • Aluminum Company of Malaysia Berhad India • Novelis (India) Infotech Ltd. Belgium • Novelis Belgique SA • Novelis Benelux N.V. Mexico • Novelis de Mexico, S.A. de C.V. Italy • Novelis Italia SpA Korea • Novelis Korea Ltd. Schedule 1.01(g)
Sample 1
Specified Account Debtors. Company Concentration Limit § Anheuser-Xxxxx Inc. 30 % § Rexam Beverage Can Company 30 % § Ball Metal Beverage Container Corp. 20 % Schedule 1.01(e)
Sample 1

Related to Specified Account Debtors

  • Account Debtors If a Default should occur, Bank shall have the right to notify the account debtors obligated on any or all of the Collateral to make payment thereof directly to Bank and Bank may take control of all proceeds of any such Collateral, which rights Bank may exercise at any time. The cost of such collection and enforcement, including attorneys' fees and expenses, shall be borne solely by Debtor whether the same is incurred by Bank or Debtor. If a Default should occur or upon demand of Bank, Debtor will, upon receipt of all checks, drafts, cash and other remittances in payment on Collateral, deposit the same in a special bank account maintained with Bank, over which Bank also has the power of withdrawal. If a Default should occur, no discount, credit, or allowance shall be granted by Debtor to any account debtor and no return of merchandise shall be accepted by Debtor without Bank's consent. Bank may, after Default, settle or adjust disputes and claims directly with account debtors for amounts and upon terms that Bank considers advisable, and in such cases Bank will credit the Obligations with the net amounts received by Bank, after deducting all of the expenses incurred by Bank. Debtor agrees to indemnify and defend Bank and hold it harmless with respect to any claim or proceeding arising out of any matter related to collection of Collateral.

  • Notice to Account Debtors Lender may, at any time after an Event of Default, notify the account debtors and obligors of any accounts, chattel paper, negotiable instruments or other evidences of indebtedness to Borrower included in the Property to pay Lender directly. Borrower shall at any time or from time to time upon the request of Lender provide to Lender a current list of all such account debtors and obligors and their addresses.

  • Account Debit The Borrower hereby irrevocably authorizes the Administrative Agent to charge any of the Borrower’s deposit accounts maintained with the Administrative Agent for the amounts from time to time necessary to pay any then due Obligations; provided that the Borrower acknowledges and agrees that the Administrative Agent shall not be under an obligation to do so and the Administrative Agent shall not incur any liability to the Borrower or any other Person for the Administrative Agent’s failure to do so.

  • Notification of Account Debtors MLBFS may notify any Account Debtor that its Account or Chattel Paper has been assigned to MLBFS and direct such Account Debtor to make payment directly to MLBFS of all amounts due or becoming due with respect to such Account or Chattel Paper; and MLBFS may enforce payment and collect, by legal proceedings or otherwise, such Account or Chattel Paper.

  • Account Debtor The words "Account Debtor" mean the person or entity obligated upon an Account.

  • Notification to Account Debtors The Lender shall have the right at any time (whether or not an Event of Default has occurred) to notify any of the Borrower's Account Debtors to make payment directly to the Lender and to collect all amounts due on account of the Collateral.

  • Accounts Receivable; Accounts Payable All accounts receivable of Emergent and its Subsidiaries reflected in the Interim Financial Statements and all accounts receivable that are reflected on the books of Emergent and its Subsidiaries as of the Closing Date (net of allowances for doubtful accounts as reflected thereon and as determined in accordance with GAAP) are obligations arising from sales actually made or services actually performed in the Ordinary Course of Business arising in connection with bona fide arm’s length transactions with Persons who are not Affiliates of Emergent or any of its Subsidiaries, constitute valid undisputed claims and are not, by their terms, subject to defenses, set-offs or counterclaims. Neither Emergent nor any of its Subsidiaries has received written notice from or on behalf of any obligor of any such accounts receivable that such obligor is unwilling or unable to pay a material portion of such accounts receivable. All accounts payable and notes payable of Emergent and its Subsidiaries arose in bona fide arm’s length transactions in the Ordinary Course of Business and with Persons who are not Affiliates of Emergent or any of its Subsidiaries, and no such account payable or note payable is materially delinquent in its payment.

  • Lockbox Accounts The names and addresses of all the Lockbox Banks, together with the account numbers of the Lockbox Accounts of the Seller at each Lockbox Bank and the post office box numbers of the lockboxes, are listed on Schedule 6.1(o) (or have been notified to and approved by the Agents in accordance with Section 7.3(d)) and are the only post office boxes and accounts into which Collections of Receivables are deposited or remitted. The Seller has not granted any Person, other than the Administrative Agent for the benefit of the Secured Parties as contemplated by this Agreement, control of any lockbox or Lockbox Account, or the right to take control of any such lockbox or Lockbox Account at a future time.

  • Deposit Accounts; Credit Card Processors Open new DDAs (other than Excluded DDAs and Retail DDAs) unless the Loan Parties shall have delivered to the Agent appropriate Blocked Account Agreements consistent with the provisions of Section 6.12 and otherwise satisfactory to the Agent. No Loan Party shall maintain any bank accounts or enter into any agreements with Credit Card Issuers or Credit Card Processors other than the ones expressly contemplated herein or in Section 6.12 hereof.

  • Direction to Account Debtors; Contracting Parties; etc Subject to the Intercreditor Agreement, upon the occurrence and during the continuance of an Event of Default (but without limiting the provisions of the Credit Agreement), if the Collateral Agent so directs any Grantor, such Grantor agrees (x) to cause all payments on account of the Accounts and Contracts to be made directly to the Cash Collateral Account, (y) that the Collateral Agent may, at its option, directly notify the obligors with respect to any Accounts and/or under any Contracts to make payments with respect thereto as provided in the preceding clause (x), and (z) that the Collateral Agent may enforce collection of any such Accounts and Contracts and may adjust, settle or compromise the amount of payment thereof, in the same manner and to the same extent as such Grantor. Subject to the Intercreditor Agreement, without notice to or assent by any Grantor, the Collateral Agent may, upon the occurrence and during the continuance of an Event of Default, apply any or all amounts then in, or thereafter deposited in, the Cash Collateral Account toward the payment of the Obligations in the manner provided in Section 5.4 of this Agreement. The reasonable out-of-pocket costs and expenses of collection (including reasonable out-of-pocket attorneys’ fees), whether incurred by a Grantor or the Collateral Agent, shall be borne by the relevant Grantor. The Collateral Agent shall deliver a copy of each notice given to any such obligors referred to in the preceding clause (y) to the relevant Grantor, provided that (x) the failure by the Collateral Agent to so notify such Grantor shall not affect the effectiveness of such notice or the other rights of the Collateral Agent created by this Section 3.3 and (y) no such notice shall be required if an Event of Default of the type described in Section 8.01(f) of the Credit Agreement has occurred and is continuing.

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