Recipient Agent definition

Recipient Agent means an agent that receives payments on behalf of the Lenders and the Participants.
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Recipient Agent means an agent that receives payments on behalf of the Lenders and the Partici pants. “ Record ” means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form. “ Refinancing ” means, collectively, substantially concurrently with the consummation of the C losing Date Merger, the repayment in full of all indebtedness under each of the Existing Credit Facilities, and the release of any Liens securing such indebtedness; provided that the foregoing shall not be construed to require the termination of any of the Existing Letters of Credit. “ Refinancing Indebtedness ” means refinancings, renewals, or extensions of Indebtedness (other than Indebtedness in respect of the Obligations) so long as: (a) such refinancings, renewals, or extensions do not result in an increase in the principal amount of the Indebtedness so refinanced, renewed, or extended, other than by the amount of premiums paid thereon and the fees and expenses incurred in connection therewith and by the amount of unfunded commitments with respect thereto, (b) su ch refinancings, renewals, or extensions do not result in a shortening of the final maturity date or the average weighted maturity (measured as of the refinancing, renewal, or extension) of the Indebtedness so refinanced, renewed, or extended, nor (except in the case of Term Loan Indebtedness) are they on terms or conditions that, taken as a whole, are or could reasonably be expected to be materially
Sample 1

Examples of Recipient Agent in a sentence

  • XXXX.xxx will identify a Referred Client to Recipient Broker and/or Recipient Agent by either (i) sending an email and/or text message to Recipient Broker and/or Recipient Agent that includes the Referred Client’s contact information (ii) sending Recipient Broker and/or Recipient Agent a monthly report and agent portal that includes all Referred Clients who received Recipient Broker/Agent’s contact information through the XXXX.xxx platform.

  • In the event Recipient Broker/Agent provides the Referred Clients information to another Agent in the brokerage and the Referred Client closes with that Agent, a Referral Fee will be due and that agent shall also be considered a Recipient Agent for the purposes of this Agreement.

  • For each Referred Client, Recipient Broker/Agent shall pay Xxxx.xxx 35% of the gross compensation earned on the referred side in connection with the sale and purchase of real property by such Referred Client if closing occurs within 18 months after the date Xxxx.xxx identified via the monthly report, agent portal and/or placed such Referred Client to Recipient Agent, and the property closed with Recipient Agent (a “Referral Fee”).

  • The Customer also undertakes to inform the Recipient Agent of such authorisation and, where required, the Customer undertakes to instruct the Recipient Agent to act accordingly.

  • For each Referred Client, Recipient Broker/Agent shall pay Xxxx.xxx 30% of the gross compensation earned on the referred side in connection with the sale and purchase of real property by such Referred Client if closing occurs within 18 months after the date Xxxx.xxx identified via the monthly report, agent portal and/or placed such Referred Client to Recipient Agent, and the property closed with Recipient Agent (a “Referral Fee”).

  • Recipient shall be responsible for ensuring Recipient Agents comply with the confidentiality obligations of this Section (Confidentiality) and any acts or omissions of a Recipient Agent in breach of the terms and conditions of this Section (Confidentiality) shall be considered the acts or omissions of the Recipient.

  • The Recipient Broker shall be responsible for the Referral Fee due XXXX.xxx if the Referred Client closes with the Recipient Agent or a member of their team.

  • You also undertake to inform the Recipient Agent of such authorization and, where required, you undertake to instruct the Recipient Agent to act accordingly.

  • Recipient shall be responsible for ensuring Recipient Agents comply with the confidentiality obligations of this Section (Confidential Information) and any acts or omissions of a Recipient Agent in breach of the terms and conditions of this Section (Confidential Information) shall be considered the acts or omissions of the Recipient.

  • Recipient shall be responsible for ensuring Recipient Agents comply with the confidentiality obligations of Section (Confidential Information) and any acts or omissions of a Recipient Agent in breach of the terms and conditions of Section (Confidential Information) shall be considered the acts or omissions of the Recipient.

Related to Recipient Agent

  • Recipient means (a) the Administrative Agent, (b) any Lender and (c) any Issuing Bank, as applicable.

  • Recipient Party means the Party which receives Confidential Information from the other Party.

  • Receiving Party Personnel has the meaning set forth in Section 37(d).

  • Management Agent means the property management company which oversees the property management functions for the Apartment Housing and which is on-site at the Apartment Housing. The initial Management Agent shall be Xxxxxxxx Valley Management, Inc.

  • Receiving Party means the Party receiving Confidential Information.

  • Sub-Recipient means a partner, joint venturer, director, employee, agent and subcontractors of a Recipient to whom a Recipient must disclose Confidential Information.

  • Payment Agent shall have the meaning set forth in Section 2.8(a).

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

  • Placement Agent means X.X. Xxxxxxxxxx & Co., LLC.

  • Lender Recipient Party means collectively, the Lenders, the Swing Line Lender and the L/C Issuer.

  • Distributor representative means a representative employed by a distributor branch or distributor.

  • Information Recipient has the meaning stated in Section 4.9(a).

  • Settlement Agent means, with respect to any Transaction the subject of which is a Wet-Ink Mortgage Loan, the entity approved by Buyer, in its sole good-faith discretion, which may be a title company, escrow company or attorney in accordance with local law and practice in the jurisdiction where the related Wet-Ink Mortgage Loan is being originated. A Settlement Agent is deemed approved unless Buyer notifies Seller otherwise at any time electronically or in writing.

  • Customer Representative means the representative appointed by the Customer from time to time in relation to this Call Off Contract;

  • Billing agent means a telephone utility that includes in a bill it sends to a customer a charge for a product or service offered by a service provider.[PL 1999, c. 59, §1 (NEW); PL 1999, c. 59, §3 (AFF).]

  • Investor Representative has the meaning assigned to such term in Section 2.1(a).

  • Disbursement Agent means Deutsche Bank National Trust Company, a national banking association, and its successors in interest, as disbursement agent under the Custodial and Disbursement Agreement, and any successor Disbursement Agent under the Custodial and Disbursement Agreement.

  • Selling Agent Morgan Stanley & Co.

  • Issuing Party has the meaning set forth in Section 8.2.2 (Review).

  • Supplier’s Representative means the representative appointed by the Supplier from time to time with overall responsibility for this Contract and notified to the Customer;

  • Receiving Institution The college or university where a transfer student plans to enroll and to apply previously earned credit toward a degree program.

  • Replacement Agent means the Fiscal Agent or, in respect of any Tranche of Notes, the Paying Agent named as such in the relevant Final Terms or Drawdown Prospectus (as the case may be);

  • Stockholder Representative has the meaning set forth in the preamble.

  • Shareholder Representative has the meaning set forth in the preamble.

  • Procurement Agent means the district representative duly authorized to enter into and administer Contracts and make written determinations with respect to this solicitation or his/ her designee.

  • Subrecipient means a non-Federal entity receiving an Award from a Recipient to carry out part of a Federal program. The term does not include an individual who is a beneficiary of such program.