Tri-Party Agreement Sample Clauses
A Tri-Party Agreement is a contractual arrangement involving three parties, typically used to outline the rights and obligations of each party in a shared transaction or project. In practice, this type of agreement is common in construction or financing scenarios, such as when a lender, borrower, and contractor need to coordinate their roles and responsibilities to ensure project completion and payment flows. The core function of a Tri-Party Agreement is to provide clarity and coordination among all involved parties, reducing the risk of disputes and ensuring that each party's interests are protected throughout the course of the project.
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Tri-Party Agreement. The Subadviser is authorized to enter into Tri-Party Repurchase Agreements and sign the standard PSA tri-party agreement (the "Tri-Party Agreement") on behalf of the Client and the subcustodian thereunder is authorized to act as a subcustodian for the Account's assets involved in any tri-party repurchase agreement pursuant to such Tri-Party Agreement.
Tri-Party Agreement. An agreement by, between and among ResCap, the Agency and Seller (including any amendments thereto) pursuant to which the Agency acknowledges that it will look solely to ResCap or any of its affiliates, and not to Seller, for any claims relating to the selling representations and warranties on Mortgage Loans and the servicing of such Mortgage Loans prior to the Closing Date.
Tri-Party Agreement. Each Party undertakes and covenants to the other Party that, if the Tri-Party Agreement is entered into, it shall perform its obligations and responsibilities under the Tri-Party Agreement, including, as to MSCG, MSCG’s obligation to deliver Products to ***** as nominated by *****, in accordance with the terms of the ***** Term Agreement.
Tri-Party Agreement. At the Construction Loan Closing, the Company, the Construction Lender and WRPT shall enter into a Tri-Party Agreement containing the following principal terms: (a) if the Construction Loan has not been paid in full by its maturity date, the Construction Lender shall have the right to require that WRPT purchase the Construction Loan from the Lender, or at WRPT's option, cause the Construction Loan to be repaid; (b) the obligation of WRPT under the Tri-Party Agreement shall be conditioned on timely satisfaction of all of the Final Closing Funding Conditions; and (c) the purchase price for the Construction Loan shall equal the lesser of the outstanding balance of the Construction Loan, including accrued interest, principal and other amounts due thereunder or the amount of the Final Closing Capital Contribution.
Tri-Party Agreement. An agreement among the Agent, the Borrowers and the Title Insurance Company providing for the execution by the Title Insurance Company on behalf of the Agent of releases and other consents pursuant to §5.5, as the same may be modified or amended, such agreement to be in form and substance satisfactory to Agent. TWC Commercial Properties. TWC Commercial Properties, LP, a Delaware limited partnership. TWC Land Development. TWC Land Development, LP, a Delaware limited partnership. TWCPC Holdings. TWCPC Holdings, L.P., a Texas limited partnership. TWCPC Holdings GP. TWCPC Holdings GP, L.L.C., a Texas limited liability company. TWLDC Holdings. TWLDC Holdings, L.P., a Texas limited partnership. TWLDC Holdings GP. TWLDC Holdings GP, L.L.C., a Texas limited liability company.
Tri-Party Agreement. Upon the Closing, ▇▇▇▇▇ Family, GIPLP, and the Debt Provider shall enter into a Tri-Party Agreement. Subject to the terms of the Tri-Party Agreement, if the Debt Provider declares a default under the Loan and the Manager is unable to cure the default within sixty (60) days, ▇▇▇▇▇ Family shall have the right, but not the obligation, to replace GIPLP as Manager of the Company; provided, however, (i) upon ▇▇▇▇▇ Family replacing GIPLP as Manager, ▇▇▇▇▇ Family shall be required to assume all third-party guarantees by GIPREIT and ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ in connection to the Loan, and subject to the Debt Provider’s consent, will replace GIPREIT and ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ as guarantors of the Loan, (ii) any removal of GIPLP as the Manager, provided for in this Section 10.03 shall have no effect or impact on GIPLP’s Membership Interest or rights as a Member under this Agreement; (iii) GIPLP’s Membership Interest in the Company shall be unaffected, and (iv) the Company shall continue to operate subject to the REIT provisions herein.
Tri-Party Agreement. Effective as of (or prior to) the Closing Date, Purchaser, the purchaser of United Community Bank, and the purchaser of Lincoln Community bank shall have entered into a Nonsolicitation Agreement in the form attached hereto as Exhibit B.
Tri-Party Agreement. The prescribed form of the Tri-Party Agreement contemplated by section 2.6 of the DBFM Agreement is the document commencing on the next page. ASAP3 - Schedule 9 - Form of Tri-Party Agreement - July 3-12 Execution.doc made the day of 2012 (the "Province") AND: (the “Contractor”) (the “School Board”)
Tri-Party Agreement the term “Tri-Party Agreement” shall mean that certain Tri-Party Agreement by and among Landlord, the City and the Delray Beach Community Redevelopment Agency, a Florida body corporate and politic created pursuant to Florida Statutes Section 163.356 (the “CRA”) dated March 3, 2017.
Tri-Party Agreement. Upon the Closing, each Preferred Member, GIPLP, and the Debt Provider shall enter into a Tri-Party Agreement. Subject to the terms of the Tri-Party Agreement, if the Debt Provider declares a default under the Loan and the Manager is unable to cure the default within sixty (60) days, the Preferred Members shall have the right, but not the obligation, to replace GIPLP as Manager of the Company; provided, however, (x) upon the Preferred Members replacing GIPLP as Manager, the Preferred Members shall be required to assume all third-party guarantees by GIPREIT and ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ in connection to the Loan, and subject to the Debt Provider's consent, will replace GIPREIT and ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ as guarantors of the Loan, (ii) any removal of GIPLP as the Manager, provided for in this Section 10.03 shall have no effect or impact on GIPLP's Membership Interest or rights as a Member under this Agreement; (iii) GIPLP's Membership Interest in the Company shall be unaffected, and (iv) the Company shall continue to operate subject to the REIT provisions herein.