Second Tier Agent definition

Second Tier Agent means an agent appointed pursuant to Clause 60.16.1;
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Examples of Second Tier Agent in a sentence

  • Administrator shall use reasonable endeavours to procure that each Second Tier Agent shall promptly and properly input data and other information as it may receive pursuant to the terms of its appointment into its Second Tier Computer Systems and shall review and validate data and other information in accordance with the relevant Agreed Procedures to establish the completeness thereof and to identify any inconsistencies therein.

  • The Settlement System Administrator shall promptly supply the Executive Committee upon request from time to time with an insurance broker's certificate in form and content reasonably satisfactory to the Executive Committee confirming that cover has been effected, whether by it or its Second Tier Agent, in respect of the insurance referred to in sub-section 12.1 and giving reasonable details of the terms and conditions of such insurance.

  • The terms of engagement of any such audit, reviews, tests or checks shall be made available to the Second Tier Agent.

  • The Settlement System Administrator shall promptly supply the Executive Committee upon request from time to time with an insurance broker's certificate in form and content reasonably satisfactory to the Executive Committee confirming that cover has been effected, whether by it or its Second Tier Agent, in respect of the insurance referred to in subsection 12.1 and giving reasonable details of the terms and conditions of such insurance.

  • System Administrator shall use reasonable endeavours to procure that each Second Tier Agent shall keep secure and confidential and not disclose, during the period of its appointment or following its resignation or removal, information, data and documentation obtained by the Second Tier Agent in such capacity so as to cause a breach by the Settlement System Administrator of its obligations pursuant to Clause 68.

  • System Administrator may require the Pool Auditor to carry out audits, reviews, tests or checks in relation to each Second Tier Agent as the Settlement System Administrator may from time to time reasonably require (having regard, in particular, to the disruptive effect of the same on the business and operations of the Second Tier Agent).

  • System Administrator shall use reasonable endeavours to procure that each Second Tier Agent shall keep secure and confidential and not disclose, during the period of its appointment or following its resignation or removal, information, data and documentation obtained by the Second Tier Agent in such capacity so as to cause a breach by the Settlement System Administrator of its obligations pursuant to Clause 68 or 69 of this Agreement.

  • System Administrator shall use reasonable endeavours to procure that each Second Tier Agent shall keep secure and confidential and not disclose, during the period of its appointment or following its resignation or removal, information, data and documentation obtained by the Second Tier Agent in such capacity so as to cause a breach by the Settlement System Administrator of its obligations pursuant to Clauses 68 or 69 of this Agreement.

  • Administrator shall use reasonable endeavours to procure that each Second Tier Agent shall keep secure and confidential and not disclose, during the period of its appointment or following its resignation or removal, information, data and documentation obtained by the Second Tier Agent in such capacity so as to cause a breach by the Settlement System Administrator of its obligations pursuant to Clauses 68 or 69 of this Agreement.

Related to Second Tier Agent

  • Collection Agent means at any time the Person then authorized pursuant to Section 6.01 to service, administer and collect Transferred Receivables.

  • Purchaser Agent means each Person acting as agent on behalf of a Purchaser Group and designated as a Purchaser Agent for such Purchaser Group on the signature pages to the Agreement or any other Person who becomes a party to this Agreement as a Purchaser Agent pursuant to an Assumption Agreement or a Transfer Supplement.

  • Originator means the sender of the first payment order in a funds transfer.

  • Purchasing Agent means the head of the City’s Purchasing Division, or a designated contact person acting for him or at his direction.

  • Receivables Seller means the Borrower or those Subsidiaries that are from time to time party to the Permitted Receivables Facility Documents (other than any Receivables Entity).

  • Originators have the meaning set forth in the Purchase and Sale Agreement, as the same may be modified from time to time by adding new Originators or removing Originators, in each case with the prior written consent of the Administrative Agent.

  • Funding Agent or "agents" means an investment firm, trust bank, or other financial

  • NFC means Navistar Financial Corporation, a Delaware corporation.

  • Receivables Sellers means the Company and those Subsidiaries (other than Receivables Entities) that are from time to time party to the Permitted Receivables Facility Documents.

  • Depositor Affiliate has the meaning specified in Section 4.9.

  • State Purchasing Agent means the director of the purchasing division of the general services department.

  • Affected Creditor means a creditor whose claim relates to a liability that is reduced or converted to shares or other instruments of ownership by the exercise of the write down or conversion power pursuant to the use of the bail-in tool;

  • Issuer Secured Parties means the Trustee in respect of the Trustee Issuer Secured Obligations.

  • Collateral Agent as defined in the preamble hereto.

  • BANA shall have the meaning assigned to such term in the preamble to this Agreement.

  • Secured Party as used in this Annex means only Party B, (b) the term “Pledgor” as used in this Annex means only Party A, (c) only Party A makes the pledge and grant in Paragraph 2, the acknowledgement in the final sentence of Paragraph 8(a) and the representations in Paragraph 9.

  • GMAC GMAC Mortgage Corporation and its successors and assigns, in its capacity as Servicer of the GMAC Mortgage Loans.

  • Majority Purchaser Agents means a minimum of two Purchaser Agents which in their related Purchaser Group have Related Committed Purchasers whose Commitments aggregate more than 50% of the aggregate Commitment of all Related Committed Purchasers in all Purchaser Groups.

  • Receivables means the Accounts, Chattel Paper, Documents, Investment Property, Instruments and any other rights or claims to receive money which are General Intangibles or which are otherwise included as Collateral.

  • Collecting bank means a bank handling the item for collection except the payor bank.

  • Program Agent means Citicorp North America, Inc., as Program Agent under the Purchase Agreement, and its successors and assigns in such capacity.

  • Servicing Agent means, with respect to an eNote, the field entitled, “Servicing Agent” in the MERS eRegistry.

  • Shareholder Servicing Agent shall have the meaning designated in Section 5.2(f) hereof.

  • the Agent means the estate agency described at paragraph 5 of the Schedule;

  • Obligors means the Borrower and the Guarantors.

  • SPV has the meaning assigned to such term in Section 9.04(e).