Specified Cash Management Provider definition

Specified Cash Management Provider has the meaning assigned to such term in the definition of “Specified Cash Management Obligations”.
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Specified Cash Management Provider has the meaning assigned to such term in the definition of “Specified Cash Management Obligations”. “Specified Currency” means each of the following currencies: United States Dollars, Canadian Dollars, Euros, Pound Sterling and any other major currency as may be requested by the Borrower and agreed to by the Administrative Agent, each Issuing Bank and each Lender in its sole discretion;
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Specified Cash Management Provider means any Person that is the Administrative Agent or a Lender or an Affiliate of the Administrative Agent or a Lender at the time such Person enters into such agreement or transaction (regardless of whether such Person subsequently ceases to be the Administrative Agent or a Lender or an Affiliate of the Administrative Agent or a Lender).
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Examples of Specified Cash Management Provider in a sentence

  • The Specified Cash Management Provider hereby acknowledges that it has reviewed the provisions of Sections 8.02, 8.03, 9.10, 9.12, 9.16, 9.17, 10.01, 10.06, 10.02 and 10.11 of the Credit Agreement, including, as applicable, the defined terms referenced therein, and agrees to be bound by the provisions thereof.

  • The Specified Cash Management Provider acknowledges that other Cash Management Services (which may or may not be Specified Cash Management Services) may exist at any time.

  • The Specified Cash Management Provider hereby designates and appoints Agent, and Agent by its signature below hereby accepts such appointment, as its agent under the Credit Agreement and the other Loan Documents.

  • If Agent so chooses to implement a reserve, the Specified Cash Management Provider acknowledges and agrees that Agent shall be entitled to rely on the information in the reports described above to establish the Cash Management Reserves.

  • This letter agreement is for the benefit of the Agent, the Specified Cash Management Provider, the Borrower and each of their respective permitted successors and permitted assigns (including any successor agent pursuant to Section 9.06 of the Credit Agreement, but excluding any successor or assignee of a Specified Cash Management Provider that does not qualify as a Cash Management Provider).

  • The Specified Cash Management Provider further acknowledges and agrees that Agent shall have the right, but shall have no obligation to establish, maintain, relax or release reserves in respect of any of the Obligations relating to Cash Management Services and that if reserves are established there is no obligation on the part of the Agent to determine or insure whether the amount of any such reserve is appropriate or not.

  • Without limiting the generality of any of the foregoing referenced provisions, the Specified Cash Management Provider understands and agrees that its rights and benefits under the Loan Documents consist solely of it being a beneficiary of the Liens and security interests granted to Agent and the right to share in Collateral as set forth in the Credit Agreement.

  • The Specified Cash Management Provider hereby acknowledges that it has reviewed Article IX (collectively such sections therein are referred to herein as the “Agency Provisions”), including, as applicable, the defined terms referenced therein (but only to the extent used therein), and agrees to be bound by the provisions thereof.