Enhancement Agent definition

Enhancement Agent means Bankers Trust Company, a New York banking corporation, or its permitted successors and assigns under Section 4.19 hereof.
View Source
Enhancement Agent means The Bank of New York, a New York banking corporation, or its permitted successors and assigns under Section 5.14 hereof.
View Source
Enhancement Agent has the meaning set forth in the first recital hereto.
View Source

Examples of Enhancement Agent in a sentence

  • The Enhancement Agent shall promptly follow the instructions of either the Trustee or the Collateral Agent to make a claim under the Series 1998-1 Letter of Credit or withdrawal from the Series 1998-1 Cash Collateral Account.

  • Satisfaction of the above conditions shall be evidenced by the delivery of a certificate from the Master Servicer to such effect to each of the Trustee and the Enhancement Agent.

  • The Enhancement Agent shall have all the rights of the Trustee under Sections 10.2 and 10.3 of the Base Indenture.

  • On the Business Day any such Conversion is required, the Enhancement Agent (upon receiving written notice of such Series 1998-1 Lease Payment Losses from the Master Servicer) shall direct the Trustee to deliver to the Series 1998-1 Letter of Credit Provider a Notice of Conversion in the form of Exhibit B to the CP Enhancement Letter of Credit Application and Agreement by 1:00 p.m. (New York City time) on such Business Day.

  • The Enhancement Agent further agrees that, in cases where it shall be obligated to deliver a Notice of Increase of Series 1998-1 Letter of Credit Amount in the form of and pursuant to the terms provided in Annex F to that certain Irrevocable Letter of Credit dated March 4, 1998 (No. TS-06000979), it shall concurrently deliver its acknowledgement and acceptance of such notice to each of the Collateral Agent and the Depositary.

  • At such time the Master Servicer shall also notify the Trustee and the Enhancement Agent of (i) the principal balance of all Outstanding Series 1998-1 Notes on such date, and (ii) the Series 1998-1 Letter of Credit Amount on such date.

  • The Enhancement Agent shall have all the rights of the Trustee under Sections 9.2 and 9.

  • Without limiting the generality of the foregoing, upon funding of the Series 1997-1 Cash Collateral Account, the Trustee shall, at all times when the Enhancement Agent is otherwise required to make a draw under the Series 1997-1 Letter of Credit pursuant to Section 5.9 of this Supplement, make a draw from the Series 1997-1 Cash Collateral Account in the amount and at such time as a draw would be made under the Series 1997-1 Letter of Credit pursuant to Section 5.9 of this Supplement.

  • Bankers TrustCompany is hereby appointed to act as Enhancement Agent in respect of the Series 1998-1 Letter of Credit and Bankers Trust Company hereby accepts such appointment and agrees to hold the Series 1998-1 Letter of Credit as beneficiary on behalf of the Trustee and the Collateral Agent pursuant to the terms hereof and to make draws thereon pursuant to the terms of the Series 1998-1 Letter of Credit, this Supplement and the Collateral Agreement.

  • Biodel shall furnish to Aegis a copy of the clinical protocol and the related patient informed consent form for any clinical trial study, which involves an Enhancement Agent or the Aegis Technology; and Aegis shall be entitled to share such documents with the Aegis insurance carriers to the extent required to comply with its contractual obligations to such entities.