Common use of Suspension by the Trustee Clause in Contracts

Suspension by the Trustee. If any of the following events of suspension shall have occurred and be continuing, the Trustee may, by notice to the Borrower, suspend in whole or in part the right of the Borrower to make withdrawals from the Credit Account:

Appears in 3 contracts

Samples: Trust Fund Credit Agreement, Trust Fund Credit Agreement, Trust Fund Credit Agreement

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Suspension by the Trustee. If any of the following events of suspension shall have occurred and be continuing, the Trustee may, by notice to the BorrowerRecipient, suspend in whole or in part the right of the Borrower Recipient to make withdrawals from the Credit Grant Account:

Appears in 2 contracts

Samples: Trust Fund Grant Agreement, Trust Fund Grant Agreement

Suspension by the Trustee. If any of the following events of suspension shall have occurred and be continuing, the Trustee may, by notice to the Borrower, suspend in whole or in part the right of the Borrower to make withdrawals from the Credit Account or the Grant Account:

Appears in 1 contract

Samples: Credit and Grant Agreement

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Suspension by the Trustee. (a) If any of the following events of suspension shall have occurred and be continuing, the Trustee may, by notice to the Borrower, suspend in whole or in part the right of the Borrower to make withdrawals from the Credit Account:

Appears in 1 contract

Samples: Credit Agreement

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