Common use of Standing Instructions Clause in Contracts

Standing Instructions. The Borrower and the Administrative Agent hereby irrevocably instruct and authorize the Collateral Agent to deposit funds (promptly upon receipt thereof) into, and transfer and withdraw funds from, the Collateral Accounts in accordance with the terms of this Agreement and the other Financing Documents.

Appears in 2 contracts

Samples: Credit Agreement (Cheniere Energy Inc), Collateral Agency Agreement (Cheniere Energy Inc)

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Standing Instructions. The Borrower and the Administrative Agent hereby irrevocably instruct and authorize the Collateral Agent to deposit funds (promptly upon receipt thereof) into, and transfer and withdraw funds from, the Collateral Accounts in accordance with the terms of this Agreement and the other Financing Documents.

Appears in 1 contract

Samples: Collateral Agency Agreement (Cheniere Energy Inc)

Standing Instructions. The Borrower and the Collateral Agent, acting at the direction of the Administrative Agent Agent, hereby irrevocably instruct and authorize the Collateral Agent Depository Bank to deposit funds (promptly upon receipt thereof) into, and transfer funds among and withdraw funds from, the Collateral Accounts in accordance with the terms of this Agreement and the other Financing DocumentsDepository Agreement.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Sunrun Inc.)

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Standing Instructions. The Borrower Borrower, each Guarantor and the Administrative Collateral Agent hereby irrevocably instruct and authorize the Collateral Depositary Agent to deposit funds (promptly upon receipt thereof) into, and transfer funds among and withdraw funds from, the Collateral Accounts in accordance with the terms of this Agreement and the other Financing DocumentsDepositary Agreement.

Appears in 1 contract

Samples: Loan Agreement (Vivint Solar, Inc.)

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