Common use of Broker-Dealers Clause in Contracts

Broker-Dealers. (a) If the Auction Agent is provided with a copy of a Broker-Dealer Agreement, which has been manually signed, with any Person listed on Exhibit A hereto to which the Indenture Trustee, at the direction of an Authorized Issuer Officer, shall have consented, it shall enter into such Broker-Dealer Agreement with such Person. The Issuer hereby directs the Indenture Trustee to consent to Citigroup Global Markets Inc. and Xxxxxxx X. Xxxxx & Co. as the initial Broker-Dealers. (b) The Auction Agent may, at the written direction of an Authorized Issuer Officer and with the approval of Citigroup Global Markets Inc. and Xxxxxxx X. Xxxxx & Co., so long as Citigroup Global Markets Inc. and Xxxxxxx X. Xxxxx & Co. are acting as Broker-Dealers, enter into a Broker-Dealer Agreement with any other Person who requests to be selected to act as a Broker-Dealer. The Auction Agent shall have entered into a Broker-Dealer Agreement with each Broker-Dealer prior to the participation of any such Broker-Dealer in any Auction. (c) The Auction Agent shall terminate any Broker-Dealer Agreement as set forth therein at the direction of an Authorized Issuer Officer.

Appears in 2 contracts

Samples: Auction Agent Agreement (Education Capital I LLC), Auction Agent Agreement (Education Capital I LLC)

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Broker-Dealers. (a) If the Auction Agent is provided with a copy of a Broker-Dealer Agreement, which has been manually signed, with any Person person listed on Exhibit A A-1 or Exhibit A-2 hereto to which the Indenture Trustee, at the direction of an Authorized Issuer Officer, shall have consented, it shall enter into such Broker-Dealer Agreement with such Personperson. The Issuer hereby directs the Indenture Trustee to consent to Citigroup Global Markets Xxxxxxx Xxxxx Xxxxxx Inc. and Xxxxxxx X. Xxxxx & Co. as the sole initial Broker-DealersDealer with respect to the Series 2000-1 Notes. (b) The Auction Agent may, at the written direction of an Authorized Issuer Officer Officer, and with the approval of Citigroup Global Markets Inc. and Xxxxxxx X. Xxxxx & Co.Barney Inc., so long as Citigroup Global Markets Xxxxxxx Xxxxx Xxxxxx Inc. and Xxxxxxx X. Xxxxx & Co. are is acting as Broker-Dealersa Broker- Dealer with respect to such series, enter into a Broker-Broker- Dealer Agreement with respect to one or more series of the Series 2000-1 Notes with any other Person person who requests to be selected to act as a Broker-Dealer. The Auction Agent shall have entered into a Broker-Dealer Agreement with each Broker-Dealer prior to the participation of any such Broker-Dealer in any Auction. (c) The Auction Agent shall terminate any Broker-Dealer Agreement as set forth therein at the direction of an Authorized Issuer Officer.

Appears in 1 contract

Samples: Auction Agent Agreement (Education Loans Inc /De)

Broker-Dealers. (a) If the Auction Agent is provided with a copy of a Broker-Dealer Agreement, which has been manually signed, with any Person person listed on Exhibit A hereto to which the Indenture Trustee, at the direction of an Authorized Issuer OfficerOfficer of the Administrator, and the Surety Provider shall have consented, it shall enter into such Broker-Dealer Agreement with such Personperson. The Issuer hereby directs the Indenture Trustee to consent to Citigroup Global Markets Smith Barney Inc. and Xxxxxxx X. Xxxxx & Co. as the initial Broker-DealersDealer. (b) The Auction Agent Auxxxxx Xxxxx may, at the written direction of an Authorized Issuer Officer Officer, and with the approval of Citigroup Global Markets Inc. the Surety Provider and Xxxxxxx X. Xxxxx & Co.the prior written consent of Smith Barney Inc., so long as Citigroup Global Markets Smith Barney Inc. and Xxxxxxx X. Xxxxx & Co. are is acting as a Broker-DealersXxxxxx, enter xxxer into a Broker-Dealer Agreement Dxxxxx Xxxxxxent with any other Person person who requests to be selected to act as a Broker-Dealer. The Auction Agent shall have entered into a Broker-Dealer Agreement with each Broker-Dealer prior to the participation of any such Broker-Dealer in any Auction. (c) The Auction Agent shall terminate any Broker-Dealer Agreement as set forth therein at the direction of an Authorized Issuer Officer.

Appears in 1 contract

Samples: Auction Agent Agreement (Classnotes Inc)

Broker-Dealers. (a) If the Auction Agent is provided with a copy of a Broker-Dealer Agreement, which has been manually signed, with any Person person listed on Exhibit A A-1 or Exhibit A-2 hereto to which the Indenture Trustee, at the direction of an Authorized Issuer Officer, shall have consented, it shall enter into such Broker-Dealer Agreement with such Personperson. The Issuer hereby directs the Indenture Trustee to consent to Citigroup Global Markets RBC Xxxx Xxxxxxxx Inc. and Xxxxxxx X. Xxxxx & Co. as the sole initial Broker-DealersDealer with respect to the Series 2004-1 Notes. (b) The Auction Agent may, at the written direction of an Authorized Issuer Officer Officer, and with the approval of Citigroup Global Markets Inc. and Xxxxxxx X. Xxxxx & Co.RBC Xxxx Xxxxxxxx Inc., so long as Citigroup Global Markets RBC Xxxx Xxxxxxxx Inc. and Xxxxxxx X. Xxxxx & Co. are is acting as a Broker-DealersDealer with respect to such series, enter into a Broker-Dealer Agreement with respect to one or more series of the Series 2004-1 Notes with any other Person person who requests to be selected to act as a Broker-Dealer. The Auction Agent shall have entered into a Broker-Dealer Agreement with each Broker-Dealer prior to the participation of any such Broker-Dealer in any Auction. (c) The Auction Agent shall terminate any Broker-Dealer Agreement as set forth therein at the direction of an Authorized Issuer Officer.

Appears in 1 contract

Samples: Auction Agent Agreement (Education Loans Inc /De)

Broker-Dealers. (a) If the Auction Agent is provided with a copy of a Broker-Dealer Agreement, which has been manually signed, with any Person person listed on Exhibit A A-1 or Exhibit A-2 hereto to which the Indenture Trustee, at the direction of an Authorized Issuer Officer, shall have consented, it shall enter into such Broker-Dealer Agreement with such Personperson. The Issuer hereby directs the Indenture Trustee to consent to Citigroup Global Markets Xxxxxxx Xxxxx Xxxxxx Inc. and Xxxxxxx X. Xxxxx & Co. as the sole initial Broker-DealersDealer with respect to the Series 2002-1 Notes. (b) The Auction Agent may, at the written direction of an Authorized Issuer Officer Officer, and with the approval of Citigroup Global Markets Inc. and Xxxxxxx X. Xxxxx & Co.Barney Inc., so long as Citigroup Global Markets Xxxxxxx Xxxxx Xxxxxx Inc. and Xxxxxxx X. Xxxxx & Co. are is acting as a Broker-DealersDealer with respect to such series, enter into a Broker-Dealer Agreement with respect to one or more series of the Series 2002-1 Notes with any other Person person who requests to be selected to act as a Broker-Dealer. The Auction Agent shall have entered into a Broker-Dealer Agreement with each Broker-Dealer prior to the participation of any such Broker-Dealer in any Auction. (c) The Auction Agent shall terminate any Broker-Dealer Agreement as set forth therein at the direction of an Authorized Issuer Officer.

Appears in 1 contract

Samples: Auction Agent Agreement (Education Loans Inc /De)

Broker-Dealers. (a) If the Auction Agent is provided with a copy of a Broker-Dealer Agreement, which has been manually signed, with any Person person listed on Exhibit A A-1 or Exhibit A-2 hereto to which the Indenture Trustee, at the direction of an Authorized Issuer Officer, shall have consented, it shall enter into such Broker-Dealer Agreement with such Personperson. The Issuer hereby directs the Indenture Trustee to consent to Citigroup Global Markets Xxxxxxx Xxxxx Xxxxxx Inc. and Xxxxxxx X. Xxxxx & Co. as the sole initial Broker-DealersDealer with respect to the Series 2001-1 Notes. (b) The Auction Agent may, at the written direction of an Authorized Issuer Officer Officer, and with the approval of Citigroup Global Markets Inc. and Xxxxxxx X. Xxxxx & Co.Barney Inc., so long as Citigroup Global Markets Xxxxxxx Xxxxx Xxxxxx Inc. and Xxxxxxx X. Xxxxx & Co. are is acting as a Broker-DealersDealer with respect to such series, enter into a Broker-Dealer Agreement with respect to one or more series of the Series 2001-1 Notes with any other Person person who requests to be selected to act as a Broker-Dealer. The Auction Agent shall have entered into a Broker-Dealer Agreement with each Broker-Dealer prior to the participation of any such Broker-Dealer in any Auction. (c) The Auction Agent shall terminate any Broker-Dealer Agreement as set forth therein at the direction of an Authorized Issuer Officer.

Appears in 1 contract

Samples: Auction Agent Agreement (Education Loans Inc /De)

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Broker-Dealers. (a) If the Auction Agent is provided with a copy of a Broker-Dealer Agreement, which has been manually signed, with any Person listed on Exhibit A hereto to which the Indenture Trustee, at the direction of an Authorized Issuer Officer, shall have consented, it shall enter into such Broker-Dealer Agreement with such Person. The Issuer hereby directs the Indenture Trustee to consent to Citigroup Global Markets Inc. and Xxxxxxx X. Xxxxx & Co. and Xxxxxxx Xxxxx Barney Inc. as the initial Broker-Dealers. (b) The Auction Agent may, at the written direction of an Authorized Issuer Officer and with the approval of Citigroup Global Markets Inc. and Xxxxxxx X. Xxxxx & Co., so long as Citigroup Global Markets Inc. and Xxxxxxx X. Xxxxx & Co. and Xxxxxxx Xxxxx Barney Inc., so long as Xxxxxxx X. Xxxxx & Co. and Xxxxxxx Xxxxx Barney Inc. are acting as Broker-Dealers, enter into a Broker-Dealer Agreement with any other Person who requests to be selected to act as a Broker-Dealer. The Auction Agent shall have entered into a Broker-Dealer Agreement with each Broker-Dealer prior to the participation of any such Broker-Dealer in any Auction. (c) The Auction Agent shall terminate any Broker-Dealer Agreement as set forth therein at the direction of an Authorized Issuer Officer.

Appears in 1 contract

Samples: Auction Agent Agreement (Education Funding Capital Trust I)

Broker-Dealers. (a) If the Auction Agent is provided with a copy of a Broker-Dealer Agreement, which has been manually signed, with any Person person listed on Exhibit A hereto to which the Indenture Trustee, at the direction of an Authorized Issuer Officer, shall have consented, it shall enter into such Broker-Dealer Agreement with such Personperson. The Issuer hereby directs the Indenture Trustee to consent to Citigroup Global Markets RBC Xxxx Xxxxxxxx Inc. and Xxxxxxx X. Xxxxx & Co. as the sole initial Broker-DealersDealer with respect to the Series 2004-C/D Notes. (b) The Auction Agent may, at the written direction of an Authorized Issuer Officer Officer, and with the approval of Citigroup Global Markets Inc. and Xxxxxxx X. Xxxxx & Co.RBC Xxxx Xxxxxxxx Inc., so long as Citigroup Global Markets RBC Xxxx Xxxxxxxx Inc. and Xxxxxxx X. Xxxxx & Co. are is acting as a Broker-DealersDealer with respect to such series, enter into a Broker-Dealer Agreement with respect to one or more series of the Series 2004-C/D Notes with any other Person person who requests to be selected to act as a Broker-Dealer. The Auction Agent shall have entered into a Broker-Dealer Agreement with each Broker-Dealer prior to the participation of any such Broker-Dealer in any Auction. (c) The Auction Agent shall terminate any Broker-Dealer Agreement as set forth therein at the direction of an Authorized Issuer Officer.

Appears in 1 contract

Samples: Auction Agent Agreement (Education Loans Inc /De)

Broker-Dealers. (a) If the Auction Agent is provided with a copy of a Broker-Dealer Agreement, which has been manually signed, with any Person person listed on Exhibit A hereto to which the Indenture Trustee, at the direction of an Authorized Issuer OfficerOfficer of the Administrator, and the Surety Provider shall have consented, it shall enter into such Broker-Dealer Agreement with such Personperson. The Issuer hereby directs the Indenture Trustee to consent to Citigroup Global Markets Smith Barney Inc. and Xxxxxxx X. Xxxxx & Co. as the initial Broker-DealersDealer. (bx) The Auction Xxx Xxction Agent may, at the written direction of an Authorized Issuer Officer Officer, and with the approval of Citigroup Global Markets Inc. the Surety Provider and Xxxxxxx X. Xxxxx & Co.the prior written consent of Smith Barney Inc., so long as Citigroup Global Markets Smith Barney Inc. and Xxxxxxx X. Xxxxx & Co. are is acting as Brokera Xxxxxx-DealersXxxxer, enter into a BrokerBxxxxx-Dealer Xxxxxx Agreement with any other Person person who requests to be selected to act as a Broker-Dealer. The Auction Agent shall have entered into a Broker-Dealer Agreement with each Broker-Dealer prior to the participation of any such Broker-Dealer in any Auction. (c) The Auction Agent shall terminate any Broker-Dealer Agreement as set forth therein at the direction of an Authorized Issuer Officer.

Appears in 1 contract

Samples: Auction Agent Agreement (Classnotes Inc)

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