Payment Direction Agreement definition

Payment Direction Agreement means the payment direction agreement entered into by the Guarantor, Intact Ventures Inc., 2283485 Alberta Ltd, Regent Bidco Limited, RSAIG, Royal Insurance Holdings Ltd, Royal & Sun Alliance Insurance plc and the Trustee on or around the date of this Guarantee;
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Payment Direction Agreement means the payment direction agreement dated November 20, 1997 by and among the Landlord, the Tenant, the Trustee and the Agent in the form set forth as Exhibit J hereto.
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Payment Direction Agreement means an agreement among the Borrower, the Administrative Agent and each Credit Card Obligor, in form and substance satisfactory to the Administrative Agent, providing for the direct payment to the BBNA Concentration Account of all amounts due to the Borrower from such Credit Card Obligor
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Examples of Payment Direction Agreement in a sentence

  • The Party obligated to pay the Net Finished Products Amount shall pay such amount to the other Party on or prior to 3:00 p.m. EPT on such day, subject to Section 9.9. Notwithstanding the above, so long as the Payment Direction Agreement is effective and performance under the Payment Direction Agreement has not been suspended pursuant to Section 18.4.6, payment of the Net Finished Products Amount shall be directed to SMT pursuant to the terms of the Payment Direction Agreement.

  • Notwithstanding the above, MSCG shall at all times be bound to make payment under the Payment Direction Agreement in accordance with its terms until performance under such Payment Direction Agreement is suspended pursuant to Section 18.4.6 or otherwise terminated pursuant to the terms thereof.

  • Notwithstanding the above, MSCG shall at all times be bound to make payment under the Payment Direction Agreement in accordance with its terms until performance under such Payment Direction Agreement is suspended pursuant to Section 18.4.6.

  • The Lender shall have received an original of the Payment Direction Agreement executed by the Borrower.

  • All Rent received by the Agent pursuant to the Payment Direction Agreement which is attributable to Additional Rent as contemplated in the Payment Direction Agreement shall be deposited in a collateral reserve account (the "Additional Rent Collateral Reserve Account"), to be held subject to the provisions of this Section 2.


More Definitions of Payment Direction Agreement

Payment Direction Agreement means the agreement to be entered into among DCRC, MSCG and SMT whereby DCRC may assign the receivables owing to DCRC in respect of Light Finished Products, Specialty Grades and any other Product mutually agreed upon by the Parties from time to time to SMT such that MSCG pays amounts otherwise due to DCRC to SMT directly.
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Payment Direction Agreement means an agreement among the Borrower, --------------------------- the Administrative Agent and each Credit Card Obligor, in form and substance satisfactory to the Administrative Agent, providing for the direct payment to the BBNA Concentration Account of all amounts due to the Borrower from such Credit Card Obligor
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Payment Direction Agreement means the agreement to be entered into among PBF, MSCG and SMT whereby PBF may assign the receivables owing to PBF in respect of Finished Light Products, Specialty Grades and any other Product mutually agreed upon by the Parties from time to time to SMT such that MSCG pays amounts otherwise due to PBF to SMT directly.
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Payment Direction Agreement shall have the meaning given to such term in the Lease.
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Payment Direction Agreement means the agreement entered into among PBFH, MSCG and SMT and dated as of December 17, 2010 and assigned by PBFH to PRC pursuant to the Assignment and Assumption Agreement, whereby PRC may assign the receivables owing to PRC in respect of Finished Light Products, Specialty Grades and any other Product mutually agreed upon by the Parties from time to time to SMT such that MSCG pays amounts otherwise due to PRC to SMT directly.
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Payment Direction Agreement means an agreement to be executed by the Borrower, the Lender and Rivian SPV pursuant to which the Borrower shall irrevocably direct Rivian SPV as lender under the Loan B Agreement to pay any principal and interest payments under the Loan B Agreement (other than any amounts by which any interest payments due under the Loan B Agreement exceed the interest payments due hereunder), which shall be applied to satisfy amounts due hereunder as set forth therein, directly to the Lender in form and substance reasonably satisfactory to the Lender and Rivian SPV.
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Payment Direction Agreement means that certain Payment Direction Agreement dated [as of , 2022] [concurrently herewith] among the JEPA, the City, and RIDA.
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