Common use of Increase in Authorized Amount Clause in Contracts

Increase in Authorized Amount. 8.01 From time to time the Issuer and the Guarantor may increase the Authorized Amount of the Covered Bonds that may be issued under the Programme by delivering to the Dealers (with a copy to the Bond Trustee and the Issuing and Paying Agent) a letter substantially in the form set out in Schedule 4. Upon the later of 10 days after (a) notice is given to the Dealers, and (b) the Issuer and the Guarantor delivering to the Arranger on behalf of the Dealers, all the documents and confirmations described in Schedule 2 to this Agreement (with such changes as may be relevant with reference to the circumstances at the time of the proposed increase as are agreed between the Issuer, the Guarantor and the Dealers), and the satisfaction of any further conditions precedent that any of the Dealers may reasonably require, including, without limitation, Auditors’ Letters and the production of a supplementary Prospectus by the Issuer and the Guarantor and any further or other documents required by the relevant authority or authorities for the purpose of listing or admitting to trading any Covered Bonds to be issued under the increased Programme on the relevant Stock Exchange, all references in the Transaction Documents to a Programme of a certain Authorized Amount shall be deemed to be references to a Programme of the increased Authorized Amount. Further to the above, any Dealer must notify the Arranger, the Issuer and the Guarantor within ten days of receipt if it considers that any of the documents, confirmations and, if applicable, further conditions precedent are unsatisfactory and, in the absence of such notification, each Dealer shall be deemed to consider the documents and confirmations to be satisfactory and any further conditions precedent to be satisfied.

Appears in 4 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

AutoNDA by SimpleDocs

Increase in Authorized Amount. 8.01 From time to time the 10.01 The Issuer and the Guarantor may increase may, from time to time, by giving 10 days’ notice by letter in substantially the Authorized Amount form set out in Schedule 4 to each of the Covered Bonds that may be issued under the Programme by delivering to the Relevant Dealers (with a copy to the Bond Trustee other Paying Agents and the Issuing and Paying Agent) a letter substantially in Registrars), increase the form set out in Schedule 4Authorized Amount. Upon the later of 10 days after (a) notice is given to each of the Relevant Dealers, and (b) the Issuer and the Guarantor delivering to the Arranger on behalf of the Relevant Dealers, all the documents and confirmations described in Schedule 2 to this Agreement agreed among the Issuer and the Arranger as being required to be provided (with such changes as may be relevant with reference having regard to the circumstances at the time of the proposed increase as are agreed between among the Issuer, the Guarantor and the Relevant Dealers), and such further documents and confirmations as may be requested by the satisfaction of any further conditions precedent that any of the Dealers may reasonably requireRelevant Dealers, including, without limitation, Auditors’ Letters and the production of a supplementary Prospectus by the Issuer and the Guarantor and any further or other documents required by the relevant authority or authorities for the purpose of listing or admitting to trading any Covered Bonds to be issued under the increased Programme on the relevant Stock Exchange, all references in the Transaction Documents to a Programme of a certain Authorized Amount shall be deemed to be references to a Programme of the increased Authorized Amount. Further to the above, any Dealer Relevant Dealer(s) must notify the Arranger, the Issuer and the Guarantor within ten seven days of receipt if it considers that any of the documents, confirmations and, if applicable, further conditions precedent are unsatisfactory and, in the absence of such notification, each Relevant Dealer shall be deemed to consider the documents and confirmations to be satisfactory and any further conditions precedent to be satisfied.

Appears in 2 contracts

Samples: Dealership Agreement, Dealership Agreement

Increase in Authorized Amount. 8.01 10.01 From time to time the Issuer and the Guarantor may increase the Authorized Amount of the Covered Bonds that may be issued under the Programme by delivering to the Dealers (with a copy to the Bond Trustee and the Issuing and Paying Agent) a letter substantially in the form set out in Schedule 4. Upon the later of (a) 10 days after (a) notice is given to the Dealers, and (b) the Issuer and the Guarantor delivering to the Arranger Arrangers on behalf of the Dealers, all the documents and confirmations described in Schedule 2 to of this Agreement (with such changes as may be relevant with reference to the circumstances at the time of the proposed increase as are agreed between the Issuer, the Guarantor and the Dealers), and the satisfaction of any further conditions precedent that any of the Dealers may reasonably require, including, without limitation, Auditors’ Letters and the production of a supplementary Prospectus by the Issuer and the Guarantor and any further or other documents required by the relevant authority or authorities for the purpose of listing or admitting to trading any Covered Bonds to be issued under the increased Programme on the relevant Stock Exchange, all references in the Transaction Documents to a Programme of a certain Authorized Amount shall be deemed to be references to a Programme of the increased Authorized Amount. Further to the above, any Dealer must notify the ArrangerArrangers, the Issuer and the Guarantor within ten seven days of receipt if it considers that any of the documents, confirmations and, if applicable, further conditions precedent are unsatisfactory and, in the absence of such notification, each Dealer shall be deemed to consider the documents and confirmations to be satisfactory and any further conditions precedent to be satisfied.

Appears in 2 contracts

Samples: Dealership Agreement, Dealership Agreement

Increase in Authorized Amount. 8.01 From time to time the Issuer and the Guarantor may increase the Authorized Amount of the Covered Bonds that may be issued under the Programme by delivering to the Dealers (with a copy to the Bond Trustee and the Issuing and Paying Agent) a letter substantially in the form set out in Schedule 4. Upon the later of (a) 10 days after (a) notice is given to the Dealers, and (b) the Issuer and the Guarantor delivering to the Arranger Arrangers on behalf of the Dealers, all the documents and confirmations described in Schedule 2 to of this Agreement (with such changes as may be relevant with reference to the circumstances at the time of the proposed increase as are agreed between the Issuer, the Guarantor and the Dealers), and the satisfaction of any further conditions precedent that any of the Dealers may reasonably require, including, without limitation, Auditors’ Letters and the production of a supplementary Prospectus supplement by the Issuer and the Guarantor and any further or other documents required by the relevant authority or authorities for the purpose of listing or admitting to trading any Covered Bonds to be issued under the increased Programme on the relevant Stock Exchange, all references in the Transaction Documents to a Programme of a certain Authorized Amount shall be deemed to be references to a Programme of the increased Authorized Amount. Further to the above, any Dealer must notify the ArrangerArrangers, the Issuer and the Guarantor within ten seven days of receipt if it considers that any of the documents, confirmations and, if applicable, further conditions precedent are unsatisfactory and, in the absence of such notification, each Dealer shall be deemed to consider the documents and confirmations to be satisfactory and any further conditions precedent to be satisfied.

Appears in 2 contracts

Samples: Dealership Agreement, Dealership Agreement

Increase in Authorized Amount. 8.01 From time to time the 9.01 The Issuer and the Guarantor may increase may, from time to time, by giving 10 days’ notice by letter in substantially the Authorized Amount form set out in Schedule 4 to each of the Covered Bonds that may be issued under the Programme by delivering to the Relevant Dealers (with a copy to the Bond Trustee other Paying Agents and the Issuing and Paying Agent) a letter substantially in Registrars), increase the form set out in Schedule 4Authorized Amount. Upon the later of 10 days after (a) notice is given to each of the Relevant Dealers, and (b) the Issuer and the Guarantor delivering to the Arranger Arrangers on behalf of the Relevant Dealers, all the documents and confirmations described in Schedule 2 to this Agreement agreed among the Issuer and the Arrangers as being required to be provided (with such changes as may be relevant with reference having regard to the circumstances at the time of the proposed increase as are agreed between among the Issuer, the Guarantor and the Relevant Dealers), and such further documents and confirmations as may be requested by the satisfaction of any further conditions precedent that any of the Dealers may reasonably requireRelevant Dealers, including, without limitation, Auditors’ Letters Letters, and the production of a supplementary Prospectus by the Issuer and the Guarantor and any further or other documents required by the relevant authority or authorities for the purpose of listing or admitting to trading any Covered Bonds to be issued under the increased Programme on the relevant Stock Exchange; and (c) the Issuer and the Guarantor having complied with all legal and regulatory requirements necessary for the issuance of, and performance of obligations under, Covered Bonds up to such new Authorized Amount, all references in the Transaction Documents to a Programme of a certain Authorized Amount shall be deemed to be references to a Programme of the increased Authorized Amount. Further to the above, any Dealer Relevant Dealer(s) must notify the ArrangerArrangers, the Issuer and the Guarantor within ten seven days of receipt if it considers that any of the documents, confirmations and, if applicable, further conditions precedent are unsatisfactory and, in the absence of such notification, each Relevant Dealer shall be deemed to consider the documents and confirmations to be satisfactory and any further conditions precedent to be satisfied.

Appears in 2 contracts

Samples: Dealership Agreement, Dealership Agreement

AutoNDA by SimpleDocs

Increase in Authorized Amount. 8.01 From time to time the 10.01 The Issuer and the Guarantor may increase may, from time to time, by giving 10 days’ notice by letter in substantially the Authorized Amount form set out in Schedule 4 to each of the Covered Bonds that may be issued under the Programme by delivering to the Relevant Dealers (with a copy to the Bond Trustee other Paying Agents and the Issuing and Paying Agent) a letter substantially in Registrars), increase the form set out in Schedule 4Authorized Amount. Upon the later of 10 days after (a) notice is given to each of the Relevant Dealers, and (b) the Issuer and the Guarantor delivering to the Arranger on behalf of the Relevant Dealers, all the documents and confirmations described in Schedule 2 to this Agreement agreed among the Issuer and the Arranger as being required to be provided (with such changes as may be relevant with reference having regard to the circumstances at the time of the proposed increase as are agreed between among the Issuer, the Guarantor and the Relevant Dealers), and such further documents and confirmations as may be requested by the satisfaction of any further conditions precedent that any of the Dealers may reasonably requireRelevant Dealers, including, without limitation, Auditors’ Letters and the production of a supplementary Prospectus by the Issuer and the Guarantor and any further or other documents required by the relevant authority or authorities for the purpose of listing or admitting to trading any Covered Bonds to be issued under the increased Programme on the relevant Stock ExchangeExchange (or segment thereof), all references in the Transaction Documents to a Programme of a certain Authorized Amount shall be deemed to be references to a Programme of the increased Authorized Amount. Further to the above, any Dealer Relevant Dealer(s) must notify the Arranger, the Issuer and the Guarantor within ten seven days of receipt if it considers that any of the documents, confirmations and, if applicable, further conditions precedent are unsatisfactory and, in the absence of such notification, each Relevant Dealer shall be deemed to consider the documents and confirmations to be satisfactory and any further conditions precedent to be satisfied.

Appears in 1 contract

Samples: Dealership Agreement

Increase in Authorized Amount. 8.01 From time to time the Issuer and the Guarantor may increase the Authorized Amount of the Covered Bonds that may be issued under the Programme by delivering to the Dealers (with a copy to the Bond Trustee and the Issuing and Paying Agent) a letter substantially in the form set out in Schedule 4. Upon the later of (a) 10 days after (a) notice is given to the Dealers, and (b) the Issuer and the Guarantor delivering to the Arranger Arrangers on behalf of the Dealers, all the documents and confirmations described in Schedule 2 to of this Agreement (with such changes as may be relevant with reference to the circumstances at the time of the proposed increase as are agreed between the Issuer, the Guarantor and the Dealers), and the satisfaction of any further conditions precedent that any of the Dealers may reasonably require, including, without limitation, Auditors’ Letters and the production of a supplementary Prospectus by the Issuer and the Guarantor and any further or other documents required by the relevant authority or authorities for the purpose of listing or admitting to trading any Covered Bonds to be issued under the increased Programme on the relevant Stock Exchange, all references in the Transaction Documents to a Programme of a certain Authorized Amount shall be deemed to be references to a Programme of the increased Authorized Amount. Further to the above, any Dealer must notify the ArrangerArrangers, the Issuer and the Guarantor within ten seven days of receipt if it considers that any of the documents, confirmations and, if applicable, further conditions precedent are unsatisfactory and, in the absence of such notification, each Dealer shall be deemed to consider the documents and confirmations to be satisfactory and any further conditions precedent to be satisfied.

Appears in 1 contract

Samples: Dealership Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.