Common use of Conditions for agency loan Clause in Contracts

Conditions for agency loan. A Lender may enter into an Agency Transaction if, but only if:- (i) it specifies that Loan as an Agency Transaction at the time when it enters into it; (ii) it enters into that Loan on behalf of a single Principal whose identity is disclosed to Borrower (whether by name or by reference to a code or identifier which the Parties have agreed will be used to refer to a specified Principal) at the time when it enters into the Loan or as otherwise agreed between the Parties; and (iii) it has at the time when the Loan is entered into actual authority to enter into the Loan and to perform on behalf of that Principal all of that Principal’s obligations under the agreement referred to in paragraph 16.4(ii).

Appears in 7 contracts

Samples: Global Master Securities Lending Agreement (Credit Industriel Et Commercial), Global Master Securities Lending Agreement (Credit Industriel Et Commercial), Global Master Securities Lending Agreement (Credit Industriel Et Commercial)

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Conditions for agency loan. A Lender may enter into an Agency Transaction if, but only if:- (i) it specifies that Loan as an Agency Transaction at the time when it enters into it; (ii) it enters into that Loan on behalf of a single Principal whose identity is disclosed to Borrower (whether by name or by reference to a code or identifier which the Parties have agreed will be used to refer to a specified Principal) at the time when it enters into the Loan or as otherwise agreed between the Parties; and (iii) it has at the time when the Loan is entered into actual authority to enter into the Loan and to perform on behalf of that Principal all of that Principal’s 's obligations under the agreement referred to in paragraph 16.4(ii).

Appears in 2 contracts

Samples: Global Master Securities Lending Agreement, Global Master Securities Lending Agreement (Siem Industries Inc.)

Conditions for agency loan. A Lender may enter into an Agency Transaction if, but only if:- (i) it specifies that Loan as an Agency Transaction at the time when it enters into it; (ii) it enters into that Loan on behalf of a single Principal whose identity is disclosed to Borrower (whether by name or by reference to a code or identifier which the Parties have agreed will be used to refer to a specified Principal) at the time when it enters into the Loan or as otherwise agreed between the Parties; and (iii) it has at the time when the Loan is entered into actual authority to enter into the Loan and to perform on behalf of that Principal all of that Principal’s obligations under the agreement referred to in paragraph 16.4(ii16.4(vi).

Appears in 1 contract

Samples: Global Master Securities Lending Agreement (First Pacific Company LTD /Fi)

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Conditions for agency loan. A Lender may enter into an Agency Transaction if, but only if:-if: (i) it specifies that Loan as an Agency Transaction at the time when it enters into it; (ii) it enters into that Loan on behalf of a single Principal whose identity is will be disclosed to Borrower (whether by name or by reference to a code or identifier which the Parties have agreed will be used to refer to a specified Principal) in the Addendum to this Agreement and at the time when it enters into the Loan or as otherwise agreed between the Parties; and (iii) it has at the time when the Loan is entered into actual authority to enter into the Loan and to perform on behalf of that Principal all of that Principal’s 's obligations under the agreement referred to in paragraph 16.4(ii).

Appears in 1 contract

Samples: Master Securities Lending Agreement

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