Examples of Direct Agreements in a sentence
The Initial Lender and the Collateral Agent shall have received duly executed Direct Agreements from the counterparties to each Material Loyalty Program Agreement in effect on the Closing Date substantially in the form of Exhibit D hereto.
Direct Agreement(s) shall follow the “Form of Direct Agreement” provided as Exhibit 21 to the Agreement in all material respects.
Acting as the RTC, adopt RTC Resolution No. RTC-2021-02, authorizing the Executive Director to execute the TIFIA Loan Agreement and Direct Agreements, the TIFIA Bond and the Tenth Supplemental Indenture; and3.
SANDAG shall have satisfied the conditions precedent set forth in Section 4 of the SANDAG Direct Agreement, MTS shall have satisfied the conditions precedent set forth in Section 4 of the MTS Direct Agreement and each of the Direct Agreements shall be duly executed by the respective parties thereto and such agreement shall be in full force and effect and delivered to the TIFIA Lender.
The Direct Agreements provide direct contractual privity between the Enterprises and the Construction Contractor and O&M Contractor, and also provide the Enterprises with certain substitution and step-in rights in the contracts between the Developer and its Construction Contractor and O&M Contractor following the occurrence of certain events set forth in the PA.