Obligated Group Representative definition

Obligated Group Representative means the Person at the time designated to act on behalf of the Obligated Group in a written certificate furnished to the Master Trustee, which certificate shall contain a specimen signature of such Person and shall be signed on behalf of the Obligated Group by the President of the Corporation or by his designee.
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Obligated Group Representative means the person or each alternate designated to act for the Obligated Group by written certificate furnished to the Issuer and the Trustee, containing the specimen signature of such person and signed on behalf of the Obligated Group by the Chairman, the Vice Chairman, the Chief Executive Officer or the Chief Financial Officer of the District.
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Obligated Group Representative means the Corporation or such other Person as may be designated to act as Obligated Group Representative hereunder pursuant to written notice to the Master Trustee executed by all of the Members. The Obligated Group Representative is not a Member.
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Examples of Obligated Group Representative in a sentence

  • Hospital and MOB are jointly and severally liable with the Hospital Board of Trustees as the Obligated Group Representative of the borrower.

  • Promptly following the determination of the LIBOR Index Rate, the Calculation Agent shall give notice thereof to the Direct-Purchase Bank, the Issuer and the Obligated Group Representative.

  • Such direction of the Obligated Group Representative shall specify the proposed Interest Rate Adjustment Date for such conversion, which shall be (1) a Business Day not earlier than the twentieth (20th) day following receipt by the Trustee, and (2) the date immediately following the last day of a LIBOR Index Rate Period.

  • At any time on or after December 1, 2018, the Obligated Group Representative, by written direction to the Trustee, may elect that the 2018A Bonds shall bear interest at a LIBOR Index Rate for a new LIBOR Index Rate Period.

  • The Trustee shall, at least [15] days prior to any Bank Purchase Date, give notice to the Owners of the 2018A Bonds and the Obligated Group Representative of the mandatory tender for purchase of such 2018A Bonds in accordance with the Bond Indenture.

  • Upon the selection by Xxxxxx of an Independent Consultant as required under the provisions of the Lease, the Landlord will notify the Obligated Group Representative, who will notify the Master Trustee of such selection.

  • No later than two Business Days after the end of the 15- day objection period, the Master Trustee is required to notify the Obligated Group Representative of the number of objections.

  • A Purchase Fund is hereby established which shall be held by the Trustee and within the Purchase Fund there shall be a Remarketing Account, an Obligated Group Account and such other accounts as may be directed by the Obligated Group Representative.

  • The Obligated Group Representative shall provide notice of such remarketing to the Trustee on or prior to the Bank Purchase Date, identifying the purchasers of the 2018A Bonds and directing that proceeds of such remarketing be deposited to the credit of the Remarketing Account of the Purchase Fund.

  • TheTrustee shall, at least [15] days prior to any Bank Purchase Date, give notice to the Owners of the 2018A Bonds and the Obligated Group Representative of the mandatory tender for purchase of such 2018A Bonds.


More Definitions of Obligated Group Representative

Obligated Group Representative means the Corporation or such other Member as may be designated from time to time pursuant to written notice to the Master Trustee, executed by the President or Chairman of the Governing Body of the Corporation or, if the Corporation is no longer a Member of the Obligated Group, of each Member of the Obligated Group.
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Obligated Group Representative means the person or each alternate designated to act for the Obligated Group by written certificate furnished to the Issuer and the Trustee, containing the specimen signature of such person and signed on behalf of the Obligated Group.
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Related to Obligated Group Representative

  • Union Representative means a representative from the Union authorized by the Union to act on behalf of an Employee.

  • Designated Group means - i) Black designated groups; ii) Black People; iii) Women; iv) people with disabilities or v) Small enterprise, as defined in Section 1 of National Small Enterprise Act, (102 of 1996)

  • Member Representative means an individual who can make OHP-related decisions for a member who is not able to make such decisions themselves.

  • Appointed Representative has the meaning set forth in Section 10.1.

  • Procurement Representative means the person authorized by ULA’s cognizant procurement organization to administer and/or execute this Contract.

  • Factory representative means an agent or employee of a manufacturer, distributor, or factory branch retained or employed for the purpose of making or promoting the sale of new motor vehicles or for supervising or contracting with new motor vehicle dealers or proposed motor vehicle dealers.

  • Designated Representative has the meaning set forth in Section 6(j)(v) of this Agreement.

  • Qualified representative means a person who holds a position with a business organization, who is authorized to act on behalf of the business organization, and who is one of the following:

  • Authority Representative means the representative appointed by the Authority from time to time in relation to this Framework Agreement;

  • Bargaining representative means a labor organization recognized by an employer or certified by the commission as the sole and exclusive bargaining representative of certain employees of the employer.