Appointment of Exchange Rate Agent Sample Clauses

Appointment of Exchange Rate Agent. The Bank hereby appoints Deutsche Bank AG, London Branch, as its agent (in such capacity, the “Exchange Rate Agent”), and the Exchange Rate Agent hereby accepts such appointment, as the Bank’s agent for the purposes of obtaining from time to time exchange rates and executing foreign exchange spot transactions for Specified Foreign Currencies upon the terms and subject to the conditions provided hereinafter. Notwithstanding anything to the contrary herein, the Bank may appoint a different exchange rate agent in connection with any Series of Notes.
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Appointment of Exchange Rate Agent. Canada hereby appoints Citibank, N.A. as exchange rate agent (in such capacity, the “Exchange Rate Agent”) of Canada with respect to any Foreign Currency DTC Global Notes to be issued by Canada pursuant to the Fiscal Agency Agreement, and the Exchange Rate Agent hereby accepts its obligations as set forth in this Agreement upon the terms and conditions set forth herein.
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Appointment of Exchange Rate Agent. The Company hereby appoints Xxxxxx Xxxxxxx Xxxx Xxxxxx as Exchange Rate Agent (the "Exchange Rate Agent") with respect to the Foreign Currency Notes sold by or on behalf of the Company pursuant to the Distribution Agreement dated September 24, 1998, and the Exchange Rate Agent accepts its obligations as set forth in this Agreement upon the terms and conditions set forth herein.
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Appointment of Exchange Rate Agent. The Depositor hereby initially appoints itself as exchange rate agent (in such capacity, the “Exchange Rate Agent”) under this Agreement. The Depositor may subsequently appoint the Trustee to act as exchange rate agent under this Agreement by providing notice of such appointment at least ten (10) Business Days prior to a Payment Date. If the Trustee is appointed the Exchange Rate Agent, it shall be reimbursed by the Depositor for any amounts set forth in Section 9.03 hereof; however, in the event of any currency differentials between the Fixed Exchange Rate and the then existing market exchange rates, the Trustee as Exchange Rate Agent shall notify the Depositor in writing of the shortfall, if any, and the Depositor shall be obligated to advance to the Trust the amount of such shortfall in sufficient time to permit the Trustee to make any payment on the related Payment Date, it being agreed that if the Depositor shall fail in whole or in part to pay such shortfall, the Trustee shall have no obligation or duty to expend its own funds therefore. The parties hereto and the Note Holders hereby agree that, subject to the preceding sentence, the Trustee as Exchange Rate Agent shall use its best reasonable efforts to complete all currency exchanges in sufficient time to make any payments on the related Payment Dates, and that the Trustee as Exchange Rate Agent shall have no liability to any party in connection with delays in such currency exchanges unless resulting from its own gross negligence or willful misconduct. Table of Contents
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Related to Appointment of Exchange Rate Agent

  • Appointment of Exchange Agent Prior to the Effective Time, Parent shall appoint a bank or trust company to act as exchange agent (the “Exchange Agent”), the identity and the terms of appointment of which shall be reasonably acceptable to the Company, for the payment of the Merger Consideration and shall enter into an agreement relating to the Exchange Agent’s responsibilities with respect thereto, in form and substance reasonably acceptable to the Company.

  • Adjustment of Exchange Rate The Exchange Rate shall be adjusted from time to time by the Company as follows:

  • Appointment and Resignation of Successor Exchange Rate Agent (a) Unless otherwise specified pursuant to Section 3.01, if and so long as the Securities of any series (i) are denominated in a Currency other than Dollars or (ii) may be payable in a Currency other than Dollars, or so long as it is required under any other provision of this Indenture, then the Company will maintain with respect to each such series of Securities, or as so required, at least one Exchange Rate Agent. The Company will cause the Exchange Rate Agent to make the necessary foreign exchange determinations at the time and in the manner specified pursuant to Section 3.01 for the purpose of determining the applicable rate of exchange and, if applicable, for the purpose of converting the issued Currency into the applicable payment Currency for the payment of principal, premium (if any) and interest (if any) pursuant to Section 3.12.

  • Rate of Exchange The term "rate of exchange" in this Section 12 means the rate at which the Administrative Agent in accordance with its normal practices is able on the relevant date to purchase Dollars with the judgment currency and includes any premium and costs of exchange payable in connection with such purchase.

  • Appointment of Calculation Agent The Issuer appoints the Calculation Agent as its agent for the purpose of calculating the redemption amount and/or, if applicable, the amount of interest in respect of the Relevant Index Linked Notes upon the terms and subject to the conditions of this Agreement. The Calculation Agent accepts such appointment.

  • Appointment of Administrative Agent (a) Each Lender irrevocably appoints SunTrust Bank as the Administrative Agent and authorizes it to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent under this Agreement and the other Loan Documents, together with all such actions and powers that are reasonably incidental thereto. The Administrative Agent may perform any of its duties hereunder or under the other Loan Documents by or through any one or more sub-agents or attorneys-in-fact appointed by the Administrative Agent. The Administrative Agent and any such sub-agent or attorney-in-fact may perform any and all of its duties and exercise its rights and powers through their respective Related Parties. The exculpatory provisions set forth in this Article shall apply to any such sub-agent or attorney-in-fact and the Related Parties of the Administrative Agent, any such sub-agent and any such attorney-in-fact and shall apply to their respective activities in connection with the syndication of the credit facilities provided for herein as well as activities as Administrative Agent.

  • Adjustment of Exchange Ratio In the event that, subsequent to the date of this Agreement but prior to the Effective Time, the outstanding shares of Parent Common Stock or Company Common Stock, respectively, shall have been changed into a different number of shares or a different class as a result of a stock split, reverse stock split, stock dividend, subdivision, reclassification, combination, exchange, recapitalization or other similar transaction, the Exchange Ratio shall be appropriately adjusted.

  • Successor Administrative Agents An Administrative Agent may resign at any time by giving written notice thereof to the Lenders and Altria and may be removed at any time with or without cause by the Required Lenders. Upon the resignation or removal of JPMCB, as Administrative Agent, Citibank, as Administrative Agent, shall succeed to and become vested with all the rights, powers, discretion, privileges and duties of JPMCB, as Administrative Agent, and JPMCB, as Administrative Agent shall be discharged from its duties and obligations under this Agreement. Upon any other such resignation or removal which results in there being no Administrative Agent hereunder, the Required Lenders shall have the right to appoint a successor Administrative Agent. If no successor Administrative Agent shall have been so appointed by the Required Lenders, and shall have accepted such appointment, within 30 days after the retiring Administrative Agent’s giving of notice of resignation or the Required Lenders’ removal of the retiring Administrative Agent, then the retiring Administrative Agent may, on behalf of the Lenders, appoint a successor Administrative Agent, which shall be a commercial bank organized under the laws of the United States of America or of any State thereof and having a combined capital and surplus of at least $500,000,000. Upon the acceptance of any appointment as Administrative Agent hereunder by a successor Administrative Agent, such successor Administrative Agent shall thereupon succeed to and become vested with all the rights, powers, discretion, privileges and duties of the retiring Administrative Agent, and the retiring Administrative Agent shall be discharged from its duties and obligations under this Agreement. After any retiring Administrative Agent’s resignation or removal hereunder as Administrative Agent, the provisions of this Article VII shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Administrative Agent under this Agreement.

  • Currency; Exchange Rate All payments under this Agreement shall be payable in U.S. Dollars. The rate of exchange to be used in computing the amount of currency equivalent in U.S. Dollars for calculating Net Sales in a Calendar Quarter (for purposes of both the royalty calculation and whether a Net Sales milestone has been achieved) shall be made at the average exchange rate as published by the Wall Street Journal for such Calendar Quarter, or such other source as the Parties may agree in writing.

  • Exchange Rate The term “

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