Irrevocable Direction Letter definition
Examples of Irrevocable Direction Letter in a sentence
Each of Starwood and Counterparty hereby agrees that pursuant to the Irrevocable Direction Letter, dated as of the date hereof (the “Direction Letter”), Counterparty will make all payments represented by the Transaction otherwise due to Starwood under or pursuant to the terms of the Confirmation to ▇▇▇▇▇ Fargo in accordance with written instructions set forth therein.
By: Name: Title: By: Name: Title: By: Name: Title: [ ] [ ], 20[ ] [HEDGE COUNTERPARTY] Re: ISDA Agreement and Master Repurchase and Securities Contract (each as defined below) Ladies and Gentlemen: This Irrevocable Direction Letter is hereby transmitted by Starwood Property Trust, Inc.
The Issuer hereby directs the Collateral Agent to enter into the Servicing Agreement (which shall be effected on the Closing Date by the acceptance of and agreement to the Servicer Notice and Irrevocable Direction Letter), and any new Servicing Agreement (in form and substance reasonably acceptable to the Collateral Agent) related to a new Servicer appointed by the Class A Lender in accordance with Section 17.2 of this Indenture and Credit Agreement.
By: Name: Title: By: Name: Title: By: Name: Title: [ ] [·], 20[ ] [HEDGE COUNTERPARTY] Re: ISDA Agreement and Master Repurchase and Securities Contract (each as defined below) Ladies and Gentlemen: This Irrevocable Direction Letter is hereby transmitted by Starwood Property Trust, Inc.