Upon Agent definition

Upon Agent s request, at Pledgor's expense, promptly deliver to the Agent a copy of each notice or other communication received by it in respect of the Pledged Collateral;

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Upon Agent s request, Borrower immediately shall deliver to Agent, properly endorsed, any and all evidences of ownership of, certificates of title, or applications for title (as applicable) to any items of Equipment.

Upon Agent s resignation as agent under this Agreement, Banks, upon consent of the Majority Banks, shall appoint from among the Banks a successor agent for the Banks. If no successor agent is appointed prior to the effective date of the resignation of Agent, Agent may appoint, after consulting with Banks, a successor agent from among the Banks, and the appointed successor shall accept its appointment. Upon the acceptance of its appointment as successor agent hereunder, (a) such successor agent shall succeed to all the rights, powers and duties of the retiring Agent, (b) the term "Agent" shall mean such successor agent, and (c) the retiring Agent's appointment, powers and duties as Agent shall be terminated. After any retiring Agent's resignation hereunder as Agent, the provisions of this Agreement shall inure to such retiring Agent's benefit as to any actions taken or omitted to be taken by it while it was Agent under this Agreement.

Examples of Upon Agent in a sentence

• Upon Agent making the appropriate filings of financing statements, the Agent will have a perfected Lien on, and security interest in, to and under all right, title and interest of the grantors thereunder in all Collateral that may be perfected by filing, recording or registering a financing statement or analogous document (including without limitation the proceeds of such Collateral subject to the limitations relating to such proceeds in the UCC) prior and superior in right to any other Person.

• Upon Agent Bank's request, Guarantors shall furnish Agent Bank with convenient facilities and all books and records necessary for an audit of such financial statements.

• Upon Agent receiving cleared funds from the Offering prior to the termination of the Offering and written instruction from Issuer and Primary (generally via notification in the application programming interface (“API”)), Agent shall, pursuant to those instructions, distribute funds from such Account or Reserve Account pursuant to the instructions of Issuer and Primary.

• Upon Agent ’s request, ▇▇▇▇▇▇▇▇ shall deliver to Agent certified copies of the policies of insurance and evidence of all premium payments.

More Definitions of Upon Agent

Upon Agent s receipt of Net Cash Proceeds of Asset Sales in respect of Eligible Fixed Assets which were included within the Borrowing Base at the time of the occurrence of the Asset Sale or other event that gave rise to such Net Cash Proceeds, Fixed Asset Availability shall be reduced by the amount of Real Property Availability or Equipment Availability (as applicable) attributable to such Eligible Fixed Assets which are no longer included within the Borrowing Base.

Upon Agent s request, Borrower shall, and Borrower shall cause each other Company to, promptly deliver to Agent, properly endorsed, any and all evidences of ownership of, certificates of title, or applications for title to any items of Equipment of such Company.

Upon Agent s reasonable request, the following reports: (i) a reconciliation of all its Accounts; (ii) an aging of all its Accounts; (iii) trial balances; and (iv) a test verification of such Accounts as Agent may request. Such Grantor at its expense will cause certified independent public accountants satisfactory to Agent to prepare and deliver to Agent for the ratable benefit of Holders upon Agent's reasonable request the results of the annual physical verification of its Inventory made or observed by such accountants.

Upon Agent s receipt of this Request for Loan, this Request for Loan shall be irrevocable.