Process Agent Letter Clause Samples
A Process Agent Letter is a document that designates a third party to receive legal documents on behalf of a party in a contract, typically when that party does not have a physical presence in the relevant jurisdiction. This letter specifies the name and address of the process agent and outlines the scope of their authority to accept service of process, such as court summons or legal notices, related to the agreement. Its core function is to ensure that legal communications can be reliably delivered, thereby facilitating compliance with local legal requirements and reducing the risk of missed or delayed notifications.
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Process Agent Letter. A letter from the process agent agreeing to the terms of Section 10.18.
Process Agent Letter. A letter from the Process Agent setting forth its consent to serve as process agent for each Loan Party for purposes of the Loan Documents. The Lender shall notify the Loan Parties of the Closing Date, and such notice shall be conclusive and binding.
Process Agent Letter from the process agent appointed by Lessee accepting such appointment, together with an irrevocable power of attorney for lawsuits and collections granted to such process agent, and duly granted before a Mexican notary public under Mexican law;
Process Agent Letter. Unless the lessee is domiciled in the jurisdiction (or otherwise subject to the jurisdiction of its courts) chosen as a venue for resolution of disputes (such as an English airline where the courts of England are chosen in the lease as having jurisdiction over any disputes that arise under the lease), a letter from an agent for the lessee agreeing to act as its agent for service of process within such jurisdiction should be obtained. 174 Article 6 of the Chicago Convention requires permission or authorization of a state for scheduled international service over or into its territory. Accordingly, the majority of international scheduled fights are regulated by international bilateral or multilateral air transport agreements. Vide ▇▇▇▇▇▇ ▇ ▇, International Aircraft Financing, Volume 1: General Principles, IATA, 2005, at 367. 175 Study on Aircraft Leasing, Air Transport Committee, 156th Session of the Council, ICAO, 1999, 4.3-4.14. 176 This need not necessarily be from an independent law firm retained by the lessee but may, if the lessor agrees, be from in-house legal counsel in the employment of the lessee. The lessee should likewise require a similar letter from the lessor. Without such a letter, a party seeking to sue the other may be subject to cumbersome procedures to serve a party outside the relevant court’s jurisdiction. Even with such a letter, without substantial assets in such jurisdiction, the value of any favorable judgment will depend on the ability of the victorious plaintiff to enforce such judgment in a jurisdiction where the other party has indeed substantial assets.
Process Agent Letter a letter from the Process Agent (as hereinafter defined) confirming its acceptance of the appointment of agent for service of process by Lessee pursuant to this Lease; * The confidential portion has been omitted pursuant to a request for confidential treatment filed by Air T, Inc. with the Securities Exchange Commission and filed separately with the Commission.
Process Agent Letter. A letter from the process agent appointed by Lessee pursuant to Section 18.3 accepting such appointment, duly executed by such process agent.
Process Agent Letter. Delivery to Administrative Agent of a copy of a letter from Capitol Services, Inc. accepting its appointment as process agent in New York for each Idaho Wind Entity (other than GE Member) with respect to the Credit Documents that it is a party to, in substantially the form of Exhibit G-6.
Process Agent Letter. The Administrative Agent shall have received a letter from Prentice Hall, in form and substance satisfactory to the Administrative Agent, dated the Tranche D Availability Date or a date reasonably close to the Tranche D Availability Date, whereby Prentice Hall acknowledges and accepts its appointment by the Company and each Obligors executing a Loan Document in connection with the Approved Acquisition, as agent for service of process.
Process Agent Letter. A letter from an entity reasonably acceptable to the Lender setting forth its consent to serve as agent for service of process for the Parent in relation to any proceedings before any United States court in connection with any of the Loan Documents;
Process Agent Letter. The Issuer shall have received a letter from the Process Agent indicating its continuing consent to its appointment by the Borrower as its agent to receive service of process as specified in the Existing Facility Agreement, which letter shall be in full force and effect and shall apply to the Facility Agreement in all respects through November 3, 2027. 2