Common use of Appointment of Issuing and Paying Agent Clause in Contracts

Appointment of Issuing and Paying Agent. The Issuing Banks propose to -------------------------------------------------- issue from time to time, their Senior and Subordinated Bank Notes (each, a "Bank Note" and collectively, the "Bank Notes") in such amounts as may be duly authorized by the Issuing Banks pursuant to the Distribution Agreement, dated September 17, 1999 (the "Distribution Agreement"), among the Issuing Banks and the agents named therein (the "Agents"). Each Bank Note will be issued in book-entry form and will be represented by a global certificate (each, a "Global Bank Note" and collectively, the "Global Bank Notes") registered in the name of The Depository Trust Company, as depositary ("DTC", which term includes any successor thereof), or a nominee thereof (which successor shall be a clearing agency registered under the Securities Exchange Act of 1934, as amended, if so required by applicable law), or a nominee thereof (each beneficial interest in a Global Bank Note, a "Book-Entry Bank Note" and collectively, the "Book-Entry Bank Notes"). The Issuing Banks hereby appoint the Issuing and Paying Agent to act, on the terms and conditions specified herein, as issuing and paying agent for the Global Bank Notes and as registrar, transfer agent and authenticating agent for the Global Bank Notes and to perform such other responsibilities as are described herein and in the Administrative Procedures attached as Exhibit B to the Distribution Agreement as such Administrative Procedures may be amended from time to time by agreement of the Issuing Banks and the Agents with notice of such amendments to the Issuing and Paying Agent, and the Issuing and Paying Agent hereby accepts such appointments. The aggregate principal amount of the Global Bank Notes which may be issued pursuant to this Agreement is unlimited. The Issuing and Paying Agent shall exercise due care in the performance of its obligations hereunder and shall perform such obligations in a manner consistent with industry standards.

Appears in 1 contract

Samples: Issuing and Paying Agency Agreement (Marshall & Ilsley Corp/Wi/)

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Appointment of Issuing and Paying Agent. The Issuing Banks propose Bank proposes to -------------------------------------------------- issue from time to time, their time its Senior and Subordinated Bank Notes (each, a "Bank Note" and collectively, the "Bank Notes") in such amounts as may be duly authorized by the Issuing Banks Bank pursuant to the Amended and Restated Distribution Agreement, dated September 17December 28, 1999 1998 (the "Distribution Agreement"), among the Issuing Banks Bank and the agents named therein (the "Agents"). Each Bank Note will be issued in book-entry form and will be represented by a global certificate (each, a "Global Bank Note" and collectively, the "Global Bank Notes") registered in the name of The Depository Trust Company, as depositary ("DTC", ," which term includes any successor thereof), or a nominee thereof (which successor shall be a clearing agency registered under the Securities Exchange Act of 1934, as amended, if so required by applicable law), or a nominee thereof ) (each beneficial interest in a Global Bank Note, a "Book-Entry Bank Note" and collectively, the "Book-Entry Bank Notes"). The Issuing Banks Bank hereby appoint appoints the Issuing and Paying Agent to act, on the terms and conditions specified herein, as issuing and paying agent for the Global Bank Notes and as registrar, transfer agent and authenticating agent for the Global Bank Notes and to perform such other responsibilities as are described herein and (i) herein; (ii) in the Amended and Restated Administrative Procedures Procedures, dated December 28, 1998 ("Administrative Procedures"), attached as Exhibit B C to the Distribution Agreement as such Administrative Procedures may be amended from time to time by agreement of the Issuing Banks Bank and the Agents with notice of such amendments to the Issuing and Paying Agent, ; and (iii) in the Letters of Representations (the "Letters of Representations") of the Bank and the Issuing and Paying Agent to DTC and the Issuing and Paying Agent hereby accepts such appointments. The aggregate principal amount of the Global Bank Notes which may be issued pursuant to this Agreement outstanding at any one time is unlimited. The Issuing and Paying Agent shall exercise due care in the performance of its obligations hereunder and shall perform such obligations in a manner consistent with industry standards.

Appears in 1 contract

Samples: Issuing and Paying Agency Agreement (Union Planters Corp)

Appointment of Issuing and Paying Agent. The Issuing Banks propose Bank proposes to -------------------------------------------------- issue from time to time, their Senior pursuant to the Distribution Agreement, dated January 16, 2014 (the “Distribution Agreement”), between the Bank and Subordinated the dealers named therein (the “Dealers”) its Bank Notes (each, a "Bank Note" and collectively, the "Bank Notes") in such amounts as may be duly authorized by the Issuing Banks pursuant to the Distribution Agreement, dated September 17, 1999 (the "Distribution Agreement"), among the Issuing Banks and the agents named therein (the "Agents")Bank. Each Bank Note will be issued in book-entry form and will be represented by a global certificate (each, a "Global Bank Note" and collectively, the "Global Bank Notes") registered in the name of Cede & Co. or another nominee of The Depository Trust Company, as depositary ("DTC", ,” which term includes any successor thereof), or a nominee thereof (which successor shall be a clearing agency registered under the Securities Exchange Act of 1934, as amended, if so required by applicable law), or a nominee thereof ) (each beneficial interest in a Global Bank Note, a "Book-Entry Bank Note" and collectively, the "Book-Entry Bank Notes"). The Issuing Banks Bank hereby appoint appoints the Issuing and Paying Agent to act, on the terms and conditions specified herein, as issuing and paying agent for the Global Bank Notes and as registrar, transfer agent and authenticating agent for the Global Bank Notes and to perform such other responsibilities as are described herein and in the Administrative Procedures attached as Exhibit B to the Distribution Agreement A hereto, as such Administrative Procedures may be amended from time to time by agreement of the Issuing Banks and the Agents with notice of such amendments to the Issuing and Paying Agenttime, and the Issuing and Paying Agent hereby accepts such appointments. For the avoidance of doubt, the procedures outlined in the Administrative Procedures are intended only as guidelines and may be modified, amended or supplemented in writing with respect to any particular issue of Bank Notes as agreed among the Bank, the relevant Dealer(s) and the Issuing and Paying Agent, as the context requires. Nothing in the Administrative Procedures shall be construed to vary, alter, modify, amend or supersede any provision of or obligation contained in this Agreement, the Distribution Agreement, the Bank Notes, the Offering Circular or any pricing supplement to the Offering Circular (each, a “Pricing Supplement”). The aggregate principal amount of the Global Bank Notes which may be issued and outstanding under this Agreement at any one time is $25,000,000,000; provided, that such maximum aggregate principal amount may be increased at any time pursuant to this Agreement is unlimiteda resolution duly adopted by the board of directors of the Bank, which resolution shall be promptly provided to the Issuing and Paying Agent. The Issuing and Paying Agent shall exercise due care in the performance of its obligations hereunder and shall perform such obligations in a manner consistent with industry standards.

Appears in 1 contract

Samples: Issuing and Paying Agency Agreement (PNC Financial Services Group, Inc.)

Appointment of Issuing and Paying Agent. The Issuing Banks propose Bank proposes to -------------------------------------------------- --------------------------------------- issue from time to time, their time its Senior and Subordinated Bank Notes (each, a "Bank Note" and collectively, the "Bank Notes") in such amounts as may be duly authorized by the Issuing Banks Bank pursuant to the Distribution Agreement, dated September 17February 20, 1999 1998 (the "Distribution Agreement"), among between the Issuing Banks Bank and the agents named therein (the "Agents"). Each Bank Note will be issued in book-entry form and will be represented by a global certificate (each, a "Global Bank Note" and collectively, the "Global Bank Notes") registered in the name of The Depository Trust Company, as depositary depository ("DTC", ," which term includes any successor thereof), or a nominee thereof (which successor shall be a clearing agency registered under the Securities Exchange Act of 1934, as amended, if so required by applicable law), or a nominee thereof ) (each beneficial interest in a Global Bank Note, a "Book-Entry Bank Note" and collectively, the "Book-Entry Bank Notes"). The Issuing Banks Bank hereby appoint appoints the Issuing and Paying Agent to act, on the terms and conditions specified herein, as issuing and paying agent for the Global Bank Notes and as registrar, transfer agent and authenticating agent for the Global Bank Notes and to perform such other responsibilities as are described herein and in the Administrative Procedures attached as Exhibit B Annex II to the Distribution -------- Agreement as such Administrative Procedures may be amended from time to time by agreement of the Issuing Banks Bank and the Agents with notice of such amendments to the Issuing and Paying Agent, and the Issuing and Paying Agent hereby accepts such appointments. The aggregate principal amount of the Global Bank Notes which may be issued pursuant to this Agreement outstanding at any one time is unlimited. The Issuing and Paying Agent shall exercise due care in the performance of its obligations hereunder and shall perform such obligations in a manner consistent with industry standards.

Appears in 1 contract

Samples: Issuing and Paying Agency Agreement (Providian Financial Corp)

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Appointment of Issuing and Paying Agent. The Issuing Banks propose Bank proposes to -------------------------------------------------- issue from time to time, their Senior and Subordinated time its Bank Notes (each, a "Bank Note" and collectively, the "Bank Notes") in such amounts as may be duly authorized by the Issuing Banks Bank pursuant to the Amended and Restated Distribution Agreement, dated September 17April 30, 1999 1996 (the "Distribution Agreement"), among the Issuing Banks Bank and the agents named therein (the "Agents"). Each Bank Note will be issued in book-entry form and will be represented by a global certificate (each, a "Global Bank Note" and collectively, the "Global Bank Notes") registered in the name of The Depository Trust Company, as depositary depository ("DTC", ," which term includes any successor thereof), or a nominee thereof (which successor shall be a clearing agency registered under the Securities Exchange Act of 1934, as amended, if so required by applicable law), or a nominee thereof ) (each beneficial interest in a Global Bank Note, a "Book-Entry Bank Note" and collectively, the "Book-Entry Bank Notes"). The Issuing Banks Bank hereby appoint appoints the Issuing and Paying Agent to act, on the terms and conditions specified herein, as issuing and paying agent for the Global Bank Notes and as registrar, transfer agent and authenticating agent for the Global Bank Notes and to perform such other responsibilities as are described herein and in the Administrative Procedures attached as Exhibit B to the Distribution Agreement as such Administrative Procedures may be amended from time to time by agreement of the Issuing Banks and the Agents with notice of such amendments to the Issuing and Paying Agent, and the Issuing and Paying Agent hereby accepts such appointments. The aggregate principal amount of the Global Bank Notes which may be issued pursuant to this Agreement outstanding at any one time is unlimited. The Issuing and Paying Agent shall exercise due care in the performance of its obligations hereunder and shall perform such obligations in a manner consistent with industry standards.

Appears in 1 contract

Samples: Issuing and Paying Agency Agreement (Capital One Financial Corp)

Appointment of Issuing and Paying Agent. The Issuing Banks propose Bank proposes to -------------------------------------------------- issue from time to time, their Senior and Subordinated time its Bank Notes (each, a "Bank Note" and collectively, the "Bank Notes") in such amounts as may be duly authorized by the Issuing Banks Bank pursuant to the Distribution Agreement, Agreement dated September 1724, 1999 1996 (the "Distribution Agreement"), among the Issuing Banks Bank and the agents named therein (the "Agents"). Each Bank Note will be issued in book-entry form and will be represented by a global certificate (each, a "Global Bank Note" and collectively, the "Global Bank Notes") registered in the name of The Depository Trust Company, as depositary depository ("DTC", which term includes any successor thereof), or a nominee thereof (which successor shall be a clearing agency registered under the Securities Exchange Act of 1934, as amended, if so required by applicable law), or a nominee thereof ) (each beneficial interest in a Global Bank Note, a "Book-Entry Bank Note" and collectively, the "Book-Entry Bank Notes"). The Issuing Banks Bank hereby appoint appoints the Issuing and Paying Agent to act, on the terms and conditions specified herein, as issuing and paying agent for the Global Bank Notes and as registrar, transfer agent and authenticating agent for the Global Bank Notes and to perform such other responsibilities as are described herein and in the Administrative Procedures attached as Exhibit B G to the Distribution Agreement as such Administrative Procedures may be amended from time to time by agreement of the Issuing Banks Bank and the Agents with notice of such amendments to the Issuing and Paying Agent, and the Issuing and Paying Agent hereby accepts such appointments. The aggregate principal amount of the Global Bank Notes which may be issued pursuant to this Agreement outstanding at any one time is unlimited. The Issuing and Paying Agent shall exercise due care in the performance of its obligations hereunder and shall perform such obligations in a manner consistent with industry standards.

Appears in 1 contract

Samples: Issuing and Paying Agency Agreement (Popular Inc)

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