Remedies Direction definition

Remedies Direction means a written notice and instruction to the Collateral Agent from the Administrative Agent (acting on the direction of the Supermajority Lenders directing the Administrative Agent) to take the actions specified therein with respect to a Trigger Event which has occurred and is continuing.
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Remedies Direction has the meaning assigned to such term in Section 3.02(a).
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Remedies Direction means a written notice and instruction to Depository Bank from Lender to take the actions specified therein with respect to a Trigger Event which has occurred and is continuing in accordance with the Loan Agreement.
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Examples of Remedies Direction in a sentence

  • If the Collateral Agent receives a Remedies Direction directing the Collateral Agent to commence a Foreclosure Action, the Collateral Agent shall notify each other Secured Party of such Remedies Direction.

  • Such Database Control Agreement shall give IntelAzul or Azul Viagens, as applicable, the right to prevent access to and use of the Azul Viagens Customer Data following a Remedies Direction, which shall be expressly assignable to the Secured Parties and any successor controlling shareholder of IntelAzul or Azul Viagens, as applicable.

  • Each Collateral Agent shall deliver a copy of each Remedies Direction received by such Collateral Agent to each Representative.

  • Following a Remedies Direction instructing the application of amounts in Collection Accounts and Collateral Accounts pursuant to the Post-Default Waterfall, the Brazilian Collateral Agent shall request from each Representative, and each Representative shall deliver to the Brazilian Collateral Agent, not less frequently than every month, an accounting of the amount of the principal, accrued interest and other Secured Obligations under the applicable Secured Debt Document.

  • If the Collateral Agent receives a Remedies Direction directing the Collateral Agent to commence a Foreclosure Action, the Collateral Agent shall notify each other Secured Party of such Remedies Direction as soon as practicable.

  • If the Collateral Agent receives a SREC Pledge Remedies Direction directing the Collateral Agent to commence a SREC Foreclosure Action, the Collateral Agent shall notify each other Secured Party of such SREC Pledge Remedies Direction.

  • The Collateral Agent shall take such action with respect to such Event of Default as is provided in this Agreement, the Notes and the Security and, notwithstanding any other provision of this Agreement to the contrary, unless and until the Collateral Agent shall have received a Remedies Direction, it shall refrain from taking any such action with respect to such Event of Default.

  • Upon the occurrence and during the continuation of a Trigger Event and following delivery of a Remedies Direction to Depository Bank in connection with the liquidation, withdrawal or transfer of the proceeds of any amounts in the Collateral Accounts, the Collateral Agent shall instruct Depository Bank in writing to apply the proceeds of such liquidation, withdrawal or transfer toward the payment of the Obligations in the order of priority set forth in Section 2.02 of the Collateral Agency Agreement.


More Definitions of Remedies Direction

Remedies Direction shall have the meaning ascribed thereto in the Collateral Agency Agreement. “Secured Obligations” shall have the meaning ascribed thereto in the Collateral Agency Agreement. “Support Termination Date” shall have the meaning ascribed thereto in Section 4.1.1. “Transfer Date” shall have the meaning ascribed thereto in the Collateral Agency Agreement.
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Remedies Direction has the meaning given to such term in the Intercreditor Agreement.
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Remedies Direction has the meaning assigned to such term in Section 7.02(a).
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Remedies Direction shall have the meaning ascribed thereto in the Collateral Agency Agreement.
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Related to Remedies Direction

  • Remedies Exception means the extent to which enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar Laws affecting the enforcement of creditors’ rights generally and by general equitable principles.

  • Labor law decision means an administrative merits determination, arbitral award or decision, or civil judgment, which resulted from a violation of one or more of the laws listed in the definition of “labor laws”.

  • bodies governed by public law means bodies that have all of the following characteristics:

  • Limitation of Liability PrimePay has negotiated preferred terms and conditions with FD as a service to PrimePay Clients. Client understands that FD, and not PrimePay, will be performing those services and that Client will enter its own service agreement(s) with FD for such services under terms and conditions specified by FD and agreed to by Client. Accordingly, Client acknowledges that FD shall be the provider of Payment Processing Services hereunder and that PrimePay shall have no liability whatsoever for or related to the performance of those services, including any and all damages, costs and related expenses (including attorney fees).

  • Breach of Agreement provisions of Section 5(a)(ii) will apply to Party A and will not apply to Party B.

  • the Directive means Council Directive 2003/4/EC(d) on public access to environmental information and repealing Council Directive 90/313/EEC;

  • AUTHORIZING SIGNATURE FOR THE CONTRACTOR X: . Date: . (Signature and Date Must Be Captured At Time of Signature) Print Name: . Print Title: . AUTHORIZING SIGNATURE FOR THE COMMONWEALTH: X: . Date: . (Signature and Date Must Be Captured At Time of Signature) Print Nxxx: Xxxx Xxxxxx . Print Title: Assistant Secretary for MassHealth . (Updated 7/22/2021) Page 1 of 1

  • Communications Provisions means the Communications Provisions in [Part 10, Chapter 4] of the General Regulations.

  • UCITS Directive means Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities, as amended;

  • Remedies means actions designed to restore or preserve the complainant’s equal access to education after a respondent is found responsible. Remedies may include the same individualized services that constitute supportive measures, but need not be non-punitive or non-disciplinary, nor must they avoid burdening the respondent.

  • Legitimate law enforcement purpose means a goal within the lawful authority of an officer that is to be achieved through methods or conduct condoned by the officer’s appointing authority.

  • Waste Framework Directive or “WFD” means Waste Framework Directive 2008/98/EC of the European Parliament and of the Council on waste.

  • Verification on oath or affirmation means a declaration, made by an individual on oath or affirmation before a notarial officer, that a statement in a record is true.

  • Contracting Government means any Government which has deposited an instrument of ratification or has given notice of adherence to this Convention.

  • law enforcement means the prevention, detection or investigation of terrorist offences or other serious criminal offences;

  • practice direction means a direction given under section 23 of the 2007 Act;

  • Advance directive means a document that contains a health care instruction or a power of attorney for health care.

  • Written directive means an order in writing for a specific patient or human research subject, dated and signed by an authorized user prior to the administration of a radiopharmaceutical or by an individual qualified by training and experience to conduct particle accelerator therapy or radiation for X-ray therapy, as specified in 641—subrule 41.2(87).

  • Breach of Duty means the Director or Officer breached or failed to perform his or her duties to the Corporation and his or her breach of or failure to perform those duties is determined, in accordance with Section 8.04, to constitute misconduct under Section 180.0851 (2) (a) 1, 2, 3 or 4 of the Statute.

  • the Academies means all the schools and educational institutions referred to in Article 4a and operated by the Academy Trust (and “Academy” shall mean any one of those schools or educational institutions);

  • Privilege to practice means: an individual's authority to deliver emergency medical services in remote states as authorized under this compact.

  • Data Safeguards means the highest industry-standard safeguards (including administrative, physical, technical, and procedural safeguards) against the destruction, loss, misuse, unauthorized disclosure, or alteration of the JBE Data or Confidential Information, and such other related safeguards that are set forth in Applicable Laws, a Statement of Work, or pursuant to JBE policies or procedures.

  • Permitted Remedies means, with respect to any securities, one or more of the following remedies:

  • Ombudsman means the Company Ombudsman of AllianceBernstein, or any of his/her staff members.

  • Complications of Pregnancy means conditions whose diagnoses are distinct from pregnancy but are adversely affected by pregnancy or are caused by pregnancy. These conditions include acute nephritis, nephrosis, cardiac decompensation, missed abortion and similar medical and surgical conditions of comparable severity. Complications of pregnancy also include nonelective cesarean section, ectopic pregnancy which is terminated and spontaneous termination of pregnancy, which occurs during a period of gestation in which a viable birth is not possible.

  • Express Waiver I desire to expressly waive any claim of confidentiality as to any and all information contained within our response to the competitive procurement process (e.g. RFP, CSP, Bid, RFQ, etc.) by completing the following and submitting this sheet with our response to Education Service Center Region 8 and TIPS.