Irrevocable Direction definition

Irrevocable Direction means the written irrevocable direction executed by the Corporation, to be delivered to the Subscription Receipt Agent pursuant to Section 3.1, substantially in the form set forth in Schedule 1.1(bb);
Irrevocable Direction has the meaning ascribed thereto in the Subscription Receipt Agreement; (uu) IFRS” means International Financial Reporting Standards;
Irrevocable Direction means a letter or other writing from the Borrower, as beneficiary under the Trust Documents, to each of the lessors under the Approved Leases (in their capacities as trustees under the Trust Documents) containing: (a) irrevocable (except with the consent of the Administrative Agent) instructions to each such lessor to direct the tenants under the Approved Leases to make payments under the Approved Leases in accordance with instructions given to such tenants by the Administrative Agent and (b) irrevocable (except with the consent of the Administrative Agent) instructions to each such lessor not to take any action under the Trust Documents or otherwise with respect to the Mortgaged Properties, Approved Leases, or any payments or other mattes associated therewith xxthout the express written consent of the Administrative Agent; provided, that such letter or writing shall be in such form as may be required by the terms of the Trust Documents and by the lessor(s) as trustee(s) thereunder and shall otherwise be in form and substance acceptable to the Administrative Agent.

Examples of Irrevocable Direction in a sentence

  • The Irrevocable Direction to Pay in the Agreement of Purchase and Sale shall not be subject to amendment without the written consent of the United States.

  • Seller shall send Irrevocable Direction Notices and cause all applicable Persons to deposit all Income in respect of the Purchased Assets into the Waterfall Account in accordance with Section 5.01 hereof on the day the related payments are due and payable.

  • Additionally, I have built in an Irrevocable Direction into my Retainer Agreement concerning estate matters as a further protection on securing my professional fees.

  • To expedite such payment, McIntosh Perry has provided the Company with an Irrevocable Direction to Pay directing the Company to pay such amounts directly to CIBC on account on the Indebtedness owing by McIntosh Perry to CIBC.

  • The Irrevocable Direction is used to instruct the company to accept receipt of the Executive Option strike price from UBS and subsequently deliver the Underlying Securities to UBS or its nominee.

  • An Irrevocable Direction to Pay [Exhibit 263] was also signed by MB and his wife.

  • Although P.H. had signed an Irrevocable Direction to Pay in favour of the clinic, she disputed the amount of the clinic’s bill.

  • The Irrevocable Direction to Pay stated that $12,500 would be paid to 962 and $7,500 would be paid to West Decade.

  • Xxxxxx Title: Vice- President The following exhibits have been omitted: Exhibit B: Exhibit C: Critical Path Form of Property Manager’s Irrevocable Direction of Payment The Registrant shall furnish supplementally a copy of any omitted exhibit to the Commission upon request.

  • Upon Lender’s delivery of the Property Manager’s Irrevocable Direction of Payment, the Property Management Fees shall be forthwith delivered to or at the direction of Lender for application to the Obligations.


More Definitions of Irrevocable Direction

Irrevocable Direction means a direction to the Receipt Agent signed by Kitrinor, substantially in the form of Schedule “B” attached hereto to be delivered to the Receipt Agent pursuant to Section 3.1 and Section 3.5 hereof;
Irrevocable Direction has the meaning given to it in Section 3.1;
Irrevocable Direction means the written irrevocable direction to be delivered by the Corporation to the Trustee substantially in the form of Schedule "F" hereto authorizing and directing the Trustee to release the Escrowed Funds in accordance with Sections 2.4(l)(ii) and 2.4(l)(iii);
Irrevocable Direction shall have the meaning set forth in Section 4.32(a)
Irrevocable Direction means the written irrevocable direction of the Corporation, to be delivered to the Subscription Receipt Trustee pursuant to Section 3.3 herein, substantially in the form set forth in Schedule B hereto;
Irrevocable Direction means a letter or other writing from the Borrower or other Loan Party to a tenant/lessee under a lease containing irrevocable (except with the consent of the Administrative Agent) instructions to such tenant/lessee to make all payments (whether constituting rent or any other payment) due under such lease to an account designated by the Administrative Agent to the Borrower and advising such tenant/lessee that the approval of the Administrative Agent shall be necessary (a) for any future material modifications, amendments, waivers or any other changes to the lease, (b) for any changes to the rental or other payments due from lessee thereunder, (c) for any change in the term of such lease and (d) for any increase in the obligations of the landlord under such lease.

Related to Irrevocable Direction

  • Election Form means the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan.

  • Deferral Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the amount of the Deferrals.

  • Payment Election means an election pursuant to Section 5.1.

  • Primary election means any regular primary election held under the election

  • Investment Election means the Participant’s election to have deferred amounts credited with hypothetical earnings credits (or losses) that track the investment performance of the Investment Options and/or Common Stock in accordance with Article V.

  • Notice of Election to Purchase has the meaning assigned to such term in Section 15.1(b).

  • LCT Election has the meaning assigned to such term in Section 1.06.

  • Regular general election means the election held throughout the state on the first

  • General election means an election held in the Commonwealth on the Tuesday after the first

  • Local election means a regular county election, a regular municipal election, a

  • Notice of Revocation means, in connection with the revocation by a Beneficial Owner or its Agent Member of its Notice of Tender, a notice, substantially in the form attached to the Tender and Paying Agent Agreement, delivered by a Beneficial Owner or its Agent Member to the Tender and Paying Agent indicating an intention to revoke the tender of some or all of the VRDP Shares for sale on a Purchase Date pursuant to Section 1 of Part II of this Statement.

  • Authorization Form means a form specified in s. 440.73.

  • 10) Election has the meaning set forth in Section 6.05(a).

  • Deferral Election means the Participant’s election under Section 3.1 to defer all or a portion of his or her Compensation.

  • LCA Election has the meaning specified in Section 1.09(a).

  • Special election means an election held as authorized by Section 20A-1-203.

  • Notice of Account Designation has the meaning assigned thereto in Section 2.3(b).

  • Notice of Election means the one or more notices of election (in such form as the Manager may approve) which the Manager will, at its discretion, send to each Unitholder and through which each Unitholder may indicate whether they wish to participate in the Distribution Reinvestment Plan.

  • Letter of Transmittal and Election Form means the letter of transmittal and election form(s) to be delivered by Company to the Company Shareholders and Company RSU Holders and providing for the Company Shareholder’s and Company RSU Holders election with respect to the Consideration;

  • Presidential Primary Election means the election established in Chapter 9, Part

  • Participant Direction Procedures means such instructions, guidelines or policies, the terms of which are incorporated herein, as shall be established pursuant to Section 4.10 and observed by the Administrator and applied and provided to Participants who have Participant Directed Accounts.

  • Request for an accounting means a record authenticated by a debtor requesting that the recipient provide an accounting of the unpaid obligations secured by collateral and reasonably identifying the transaction or relationship that is the subject of the request.

  • Regular primary election means the election on the fourth Tuesday of June of

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • Local special election means a special election called by the governing body of a