CALCULATION AGENCY AGREEMENT Sample Clauses
A Calculation Agency Agreement is a contractual provision that designates a specific party, known as the Calculation Agent, to determine certain financial values, rates, or amounts required under the contract. This clause outlines the agent’s responsibilities, such as calculating interest rates, redemption amounts, or other variables tied to financial instruments, and may specify the methodologies or data sources to be used. By clearly assigning these calculation duties, the clause ensures consistency, accuracy, and transparency in the determination of key figures, thereby reducing the risk of disputes between parties.
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CALCULATION AGENCY AGREEMENT. A form of calculation agency agreement is set out in Appendix C hereto. Where the Conditions require functions to be carried out by a Calculation Agent other than the Agent, the relevant Issuer may execute such an agreement or an agreement in such other form as such Issuer and the Calculation Agent may agree.
CALCULATION AGENCY AGREEMENT. The Company shall comply with and perform all its obligations under the Calculation Agency Agreement and use its reasonable efforts to procure that the Calculation Agent complies with and performs all of its respective obligations under the Calculation Agency Agreement and not make any amendment or modification to such agreement without the prior written approval of the Trustee.
CALCULATION AGENCY AGREEMENT. 53 43. Communications........................................................53 44.
CALCULATION AGENCY AGREEMENT. A form of calculation agency agreement is set out in Schedule 5 hereto. Where the Conditions require functions to be carried out by a calculation agent the Issuer may, if it so chooses, execute such an agreement with a calculation agent selected by it. In the event that the Issuer executes such an agreement with a calculation agent in respect of a Series of Notes and the calculation agent is not the Agent, the calculation agent will assume, in addition to any obligations it has under the calculation agency agreement, the obligations of the Agent pursuant to clause 2.1(d) and clause 8.1 only.
CALCULATION AGENCY AGREEMENT. 29 30. REDENOMINATION AND EXCHANGE.........................................29 31. DESCRIPTIVE HEADINGS................................................32 32. GOVERNING LAW.......................................................32 33. COUNTERPARTS........................................................32 APPENDICES Page APPENDIX A Terms and Conditions of the Notes...........................................A-1 APPENDIX B Forms of Global and Definitive Notes, Coupons, Receipts and Talons..................................................................B-1 Appendix B-1--Form of Temporary Global Notes..............................-1--1 Schedule One--Part I--Interest Payments.........................B-1--6 Schedule One--Part II--Installment Payments.....................B-1--7 Schedule Two--Schedule of Exchanges for Notes Represented by a Permanent Global Note or Definitive Notes, or Redemptions or Purchases and Cancellations.....................1--8 Schedule Three--Form of Certificate to be Presented by Appropriate Clearing System....................................1--9 Certificate "A"--Form of Certificate to be Presented to Appropriate Clearing System.....................................-11 Appendix B-2--Form of Permanent Global Note...............................-2--1 Schedule One--Part I--Interest Payments.........................B-2--6 Schedule One--Part II--Installment Payments.....................B-2--7 Schedule Two--Schedule of Exchanges of a Temporary Global Note and for Definitive Notes, or Redemptions or Purchases and Cancellations.......................................2--9 Appendix B-3--Definitive Note.............................................-3--1 Appendix B-4--Form of Coupon..............................................-4--1 Appendix B-5--Form of Receipt.............................................-5--1 Appendix B-6--Form of Talon...............................................-6--1 APPENDIX C Form of Calculation Agency Agreement........................................C-1 APPENDIX D Form of Operating & Administrative Procedures Memorandum....................D-1 Annex A--Settlement Procedures.....................................D-3 Annex B to Appendix D--Form of Final Terms.........................D-6 Annex C--Form Letter from Lead Manager/Dealer.....................D-20 Annex D--Trading Desk Information.................................D-21 APPENDIX E Form of the Notes..........................................................E-1 FIFTH AMENDED AND RES...
CALCULATION AGENCY AGREEMENT. 26.1 A form of calculation agency agreement is set out in Schedule 5 hereto. Where the Conditions require functions to be carried out by a calculation agent the Issuer may, if it so chooses, execute such an agreement with a calculation agent selected by it. In the event that the Issuer executes such an agreement with a calculation agent in respect of a Series of Notes and the calculation agent is not the Principal Paying Agent, the calculation agent will assume, in addition to any obligations it has under the calculation agency agreement, the obligations of the Principal Paying Agent pursuant to Clause 2.1(h) and Clause 8.1 only.
26.2 The Issuer hereby agrees that it shall not name the Principal Paying Agent as the Calculation Agent in the final terms and/or pricing supplements for any Series of Notes where ISDA Determination is specified as the manner in which the Rate of Interest is to be determined without the prior written consent of the Principal Paying Agent. If, for whatever reason, the final terms and/or pricing supplement does name the Principal Paying Agent as Calculation Agent where ISDA Determination is specified, without the prior written consent of the Principal Paying Agent, anything in the ISDA Determinations requiring the Calculation Agent to form an opinion and/or exercising discretion and/or determine alternative and/or substitute benchmarks, reference rates, successor reference rates and/or screen pages, interest adjustment factors/fractions or spreads, market disruptions, benchmark amendment conforming changes, selection of Reference ▇▇▇▇▇, shall be construed as a reference to the Issuer exercising such opinions and/or discretions and/or making such determinations and/or selections for the relevant Series of Notes.
CALCULATION AGENCY AGREEMENT. Where the Conditions require functions to be carried out by a calculation agent, those functions shall be carried out by the Agent unless the Issuer and the Guarantor otherwise agree. In such a case, the Issuer and the Guarantor may execute a calculation agency agreement with such modifications as they shall determine to be required by the Conditions of the Notes to be issued in respect of which the calculation agency agreement is to be executed with a calculation agent selected between them and the relevant Dealer for the relevant Series of Notes.
CALCULATION AGENCY AGREEMENT. A form of calculation agency agreement is annexed to this Agreement as Appendix C. Where the Conditions require functions to be carried out by a calculation agent (including in respect of Indexed Notes and Dual Currency Notes), the Company may execute such an agreement or an agreement in such form as the Company and the calculation agent may agree and any calculations will be made in the manner specified in the applicable Pricing Supplement.