Regarding the Fiscal Agent Sample Clauses

Regarding the Fiscal Agent. The acceptance of its appointment hereunder by the Fiscal Agent shall be subject to the following terms and conditions: a. The recitals herein and in the Bonds shall be taken as the statements of the State and shall not be considered as made by the Fiscal Agent.
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Regarding the Fiscal Agent. The acceptance of its appointment hereunder by the Fiscal Agent shall be subject to the following terms and conditions: a. The recitals herein and in the Bonds shall be taken as the statements of the State and shall not be considered as made by the Fiscal Agent. b. The Fiscal Agent in acting hereunder shall act solely as agent of the State and shall not assume any fiduciary or other relationship of agency or trust for or with any of the holders of the Bonds; provided that with respect to the holding, investing and returning of Deposited Cash and earnings thereon to the State, the Fiscal Agent shall act as a trustee for the benefit of the State. The Fiscal Agent with respect to any matter for which no provision is made herein may rely on instructions, not inconsistent with the provisions hereof, contained in a Direction of the State or in a Direction of the Financial Corporation. Upon written request of the Fiscal Agent, the State or the Financial Corporation, as the case may be, shall clarify any such instructions which the Fiscal Agent finds unclear. The Fiscal Agent shall not be obligated, however, to comply with any instructions of the Financial Corporation or the State, if such compliance would, in its opinion evidenced in a written detailed statement provided to the Financial Corporation and the State, involve it in unreasonable risk or liability, unless the Fiscal Agent is indemnified to its satisfaction. c. The Fiscal Agent shall not be required to perform any services or be subject to any duties, except as expressly provided herein. d. The Fiscal Agent shall be protected in acting upon any document believed by it in good faith to be genuine and to be signed by the proper party or parties, including without limitation with respect to (i) the transfer of Bonds in accordance with Sections 2.4.c and 2.4.d hereof pursuant to a Direction of the State or on the basis of written representations of transferors as to the matters set forth in Section 2.4.c, or (ii) the purchase of Bonds by the State on the basis of a written instrument of transfer in accordance with Section 2.5 hereof. e. The Fiscal Agent shall not be liable in connection with rendering services hereunder, except for its negligent act or omission, willful misconduct, material breach of the provisions of this Agreement or failure to comply with any banking or securities rules and regulations applicable to the Fiscal Agent (including, without limitation, regulations of the National Association ...
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Related to Regarding the Fiscal Agent

  • Regarding the Owner Trustee Owner Participant will cause Owner Trustee to perform its obligations under each Owner Trustee Agreement.

  • Regarding the Mortgagor The Mortgagor is one or more natural persons and/or trustees for an Illinois land trust or a trustee under a “living trust” and such “living trust” is in compliance with F▇▇▇▇▇ M▇▇ guidelines for such trusts.

  • Information Regarding the Collateral (a) Furnish to the Administrative Agent at least fifteen (15) days (or such shorter period as the Administrative Agent may agree) prior written notice of any change in: (i) any Loan Party’s legal name; (ii) the location of any Loan Party’s chief executive office, its principal place of business, any office in which it maintains books or records relating to Collateral owned by it or any office or facility at which Collateral owned by it is located (including the establishment of any such new office or facility, but excluding in-transit Collateral); (iii) any Loan Party’s organizational structure or jurisdiction of incorporation or formation; or (iv) any Loan Party’s Federal Taxpayer Identification Number or organizational identification number assigned to it by its state of organization. The Loan Parties shall not effect or permit any change referred to in the preceding sentence unless the Loan Parties have undertaken all such action, if any, reasonably requested by the Administrative Agent under the UCC or otherwise that is required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected first priority security interest in all the Collateral for its own benefit and the benefit of the other Credit Parties. (b) From time to time as may be reasonably requested by the Administrative Agent, the Lead Borrower shall supplement each Schedule hereto, or any representation herein or in any other Loan Document, with respect to any matter arising after the Restatement Effective Date that is required to be set forth or described in such Schedule or as an exception to such representation or that is necessary to correct any information in such Schedule or representation which has been rendered inaccurate thereby (and, in the case of any supplements to any Schedule, such Schedule shall be appropriately marked to show the changes made therein). Notwithstanding the foregoing, no supplement or revision to any Schedule or representation shall be deemed the Credit Parties’ consent to the matters reflected in such updated Schedules or revised representations nor permit the Loan Parties to undertake any actions otherwise prohibited hereunder or fail to undertake any action required hereunder from the restrictions and requirements in existence prior to the delivery of such updated Schedules or such revision of a representation; nor shall any such supplement or revision to any Schedule or representation be deemed the Credit Parties’ waiver of any Default resulting from the matters disclosed therein.

  • Concerning the Owner Trustee Section 7.01. Acceptance of Trusts and Duties........................................... 21 Section 7.02. Furnishing of Documents................................................... 22 Section 7.03.

  • Access to Certain Documentation and Information Regarding the Receivables The Servicer shall provide to the Indenture Trustee and the Owner Trustee reasonable access to the documentation regarding the Receivables. The Servicer shall provide such access to any Noteholder or Certificateholder only in such cases where a Noteholder or a Certificateholder is required by applicable statutes or regulations to review such documentation. In each case, such access shall be afforded without charge but only upon reasonable request and during normal business hours at offices of the Servicer designated by the Servicer. Nothing in this Section 4.03 shall derogate from the obligation of the Servicer to observe any applicable law prohibiting disclosure of information regarding Obligors, and the failure of the Servicer to provide access as provided in this Section 4.03 as a result of such obligation shall not constitute a breach of this Section 4.03.