Specified States definition
Examples of Specified States in a sentence
The Member shall execute, deliver and file any other certificates (and any amendments and/or restatements thereof) necessary for the Company to qualify to do business in the Specified States and in any other jurisdiction in which the Company may wish to conduct business.
Unless otherwise specified in the related Supplement or unless waived by the Required Noteholders as specified in the related Supplement, permit (a) the aggregate Net Book Value of all Vehicle leased under the Leases and manufactured by a particular Manufacturer or group of Manufacturers as of any Payment Date to exceed any applicable Maximum Manufacturer Amount and (b) the Specified States Amount as of any Payment Date to exceed any applicable Maximum Specified States Amount.
Day to day operations shall include customer billing, management of accounts receivables and cash collections relating to the customer accounts in the Specified States and providing working capital to fund the customer accounts receivables with respect to the customer accounts in the Specified States.
Upon the filing of the Financing Statements with Filing Offices in the respective Specified States, such security interests in such Personal Property Collateral will be perfected to the extent that security interests therein can be perfected by filing UCC-1 financing statements under the applicable Code.
The undersigned hereby waives all requirements that the [Series 2004-2 Maximum Non-Program Vehicle Amount] [Series 2004-2 Maximum Manufacturer Amount] [any Series 2004-2 Maximum Specified States Amount] [Series 2004-2 Maximum Non-Eligible Manufacturer Amount] not be exceeded for all purposes of the Indenture and the Series 2004-2 Supplement.
The Seller Parties hereby appoint Manager, to the fullest extent permissible under Law, as the sole and exclusive provider of all services necessary or appropriate for the supervision and management of the customers in the Specified States, as described more fully in Section 3 (the “Services”) up until the date of the approval by the applicable state PUC of the change of control approval and the approval of the certifications of the Manager to provide telecommunications services in the applicable states.
Notwithstanding anything in this Agreement to the contrary, as promptly as practicable following the Closing Date, at the direction and control of Parent, the Company will initiate the process for entering into a VDA with respect to each of the Specified States (but only with the Specified States), including, if applicable, by preparing a draft letter or application in accordance with the respective Specified State’s voluntary disclosure program.
The term of this Agreement (the “Term”) shall commence on the Effective Date hereof and shall expire upon the earlier of: (i) one year from the Effective Date; or (ii) the date on which the last state PUC in the Specified States approves the change of control of the customer base to Manager and the telecommunication carrier certifications of the Manager.
As its compensation for the Services, the Company shall pay Manager a fee equal to the gross collections from customer accounts in the Specified States (determined according to GAAP) during the Term (the “Fee”).
The Specified States include California, Arizona, Iowa, Kansas, Missouri, Illinois, Nebraska, South Dakota, Minnesota, Illinois, Colorado, Oklahoma, Wyoming, Arkansas and Texas.