Collateral Agent and Custodian definition

Collateral Agent and Custodian. During the Pre-Closing Period and the Post-Indenture Period, the Bank, when acting in such capacity under the Paying Agent and Custody Agreement, and at all other times the Indenture Trustee, when acting in such capacity under the Indenture.
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Collateral Agent and Custodian. The Bank of New York Mellon, not in its individual capacity but solely as collateral agent and custodian, and any successor thereto pursuant to Section 2.23(m) hereof.
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Collateral Agent and Custodian. The Bank, acting in such capacity under the Paying Agent and Custody Agreement.
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Examples of Collateral Agent and Custodian in a sentence

  • The Collateral Agent and Custodian shall retain custody of the original Tax Lien Certificates at all times, and shall provide reasonable cooperation to the Servicer or outside foreclosure counsel if the production of any original Tax Lien Certificate is necessary for any judicial proceeding relating to the Tax Lien.

  • An Officer’s Certificate of the Servicer certifying that, based on the information provided by the Collateral Agent and Custodian, the Tax Lien has been paid and satisfied in full, shall be forwarded to the Collateral Agent and Custodian.

  • Upon receipt of the Officer’s Certificate, the Collateral Agent and Custodian shall prepare an instrument or instruments necessary to release the lien of the Tax Lien (all such instruments collectively, the “Instruments of Release”), and shall also deliver such Instruments of Release, in recordable form, to or for the benefit of the Property Owner, and deposit any remaining documents into the Servicer’s Tax Lien File.

  • On written request of the Indenture Trustee, the Servicer and/or the Collateral Agent and Custodian shall immediately deliver all or any of such records and documents in its possession or custody to the Indenture Trustee, together with a list identifying each Tax Lien to which such records pertain.

  • On or prior to the Closing Date, the Issuer shall deliver or cause to be delivered the original Tax Lien Certificate for each Tax Lien to the Indenture Trustee, in its capacity as Collateral Agent and Custodian under the Indenture, if Bonds have been issued, or under the Paying Agent and Custody Agreement, if Bonds have not been issued.

  • The Collateral Agent and Custodian may make reasonable rules and set reasonable requirements for its functions.

  • Whenever the Servicer charges-off any amount from the Tax Lien Principal Balance in accordance with this Section 2.09, it must promptly notify the Indenture Trustee and the Collateral Agent and Custodian of such permitted charge-off within 90 days or quarterly.

  • On the Closing Date, the Collateral Agent and Custodian shall cause such Tax Lien Certificates to be duly recorded and the recorded Tax Lien Certificates to be returned to it.

  • In connection with the Grant set forth in Section 2.01 hereof, the Issuer does hereby deliver to, and deposit with, the Collateral Agent and Custodian as the agent of the Indenture Trustee, the original Tax Lien Certificates representing each Tax Lien, issued in the name of the Collateral Agent and Custodian which constitute a part of the Trust Estate.

  • Each of the Indenture Trustee and the Collateral Agent and Custodian shall deposit in the Bond Account all Collections received by either with respect to Tax Liens securing the Bonds within two Business Days after the receipt thereof.

Related to Collateral Agent and Custodian

  • Person means an individual or corporation, partnership, trust, incorporated or unincorporated association, joint venture, limited liability company, joint stock company, government (or an agency or subdivision thereof) or other entity of any kind.

  • Services means those functional services ancillary to the supply of the goods, such as transportation and any other incidental services, such as installation, commissioning, provision of technical assistance, training, catering, gardening, security, maintenance and other such obligations of the supplier covered under the contract.

  • Subsidiary means any subsidiary of the Company and shall, where applicable, also include any direct or indirect subsidiary of the Company formed or acquired after the date hereof.

  • Affiliate of any specified Person means any other Person directly or indirectly controlling or controlled by or under direct or indirect common control with such specified Person. For the purposes of this definition, "control" when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms "controlling" and "controlled" have meanings correlative to the foregoing.

  • Business Day means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day on which banking institutions in the State of New York are authorized or required by law or other governmental action to close.

  • Department means the department of health.

  • Confidential Information has the meaning set forth in Section 6.1.

  • Agreement has the meaning set forth in the preamble.

  • Company has the meaning set forth in the Preamble.

  • Contract means the written agreement entered into between the purchaser and the supplier, as recorded in the contract form signed by the parties, including all attachments and appendices thereto and all documents incorporated by reference therein.

  • Effective Date has the meaning set forth in the preamble.

  • Board means the Board of Directors of the Company.