Common use of Global Agent Clause in Contracts

Global Agent. The Issuer hereby appoints Xxxxx Fargo, acting through its Corporate Trust Office (and, as may be required by applicable law, any other corporate trust office thereof in the relevant jurisdiction), as Global Agent of the Issuer in respect of the Notes, upon the terms and subject to the conditions set forth herein, and Xxxxx Fargo hereby accepts such appointment. The Global Agent shall have the powers and authority granted to and conferred upon it in this Agreement and such further powers and authority to act on behalf of the Issuer as may be mutually agreed upon in writing by the Issuer and the Global Agent. Subject to the provisions of Section 11(b) hereof, the Issuer may vary or terminate the appointment of any agent appointed by the Global Agent at any time and from time to time upon giving not less than 30 days' written notice to such agent and to the Global Agent. Payments of principal and interest in respect of Notes shall be made by the Issuer through the Global Agent in accordance with the terms set forth in the Debt Agreement. In respect of the Notes, the Issuer shall cause notice of any resignation, termination of the appointment of the Global Agent or any other agent and of any change in the office through which any such agent will act to be given as provided in the terms of such Notes and in accordance with Section 11(b) hereof.

Appears in 20 contracts

Samples: Global Agency Agreement, Global Agency Agreement, Global Agency Agreement

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