Common use of New Dealer(s Clause in Contracts

New Dealer(s. (a) In accordance with the provisions of subclause 7.01(b) of the Dealership Agreement the Issuer hereby appoints those of the Managers who are not Dealers (for the purposes of this Clause, a “New Dealer”) as dealers upon the terms of the Dealership Agreement in respect of the Covered Bonds only with the authority, rights, powers, duties and obligations of a Dealer under the Dealership Agreement to the extent provided in such subclause 7.01(b) save that each New Dealer [shall not have the benefit of the undertakings contained in subclause (i) of Clause 3.03 of the Dealership Agreement]*.

Appears in 2 contracts

Samples: Agency Agreement, Dealership Agreement

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New Dealer(s. (a) In accordance with the provisions of subclause 7.01(b8.01(b) of the Dealership Agreement the Issuer hereby appoints those of the Managers who are not Dealers (for the purposes of this Clause, a “New Dealer”) as dealers upon the terms of the Dealership Agreement in respect of the Covered Bonds only with the authority, rights, powers, duties and obligations of a Dealer under the Dealership Agreement to the extent provided in such subclause 7.01(b8.01(b) save that each New Dealer [shall not have the benefit of the undertakings contained in subclause (i) of Clause 3.03 of the Dealership Agreement]*.

Appears in 2 contracts

Samples: Dealership Agreement, Dealership Agreement

New Dealer(s. (a) In accordance with the provisions of subclause 7.01(b9.01(b) of the Dealership Agreement the Issuer hereby appoints those of the Managers who are not Dealers (for the purposes of this Clause, a “New Dealer”) as dealers upon the terms of the Dealership Agreement in respect of the Covered Bonds only with the authority, rights, powers, duties and obligations of a Dealer under the Dealership Agreement to the extent provided in such subclause 7.01(b9.01(b) save that each New Dealer [shall not have the benefit of the undertakings contained in subclause (ig) of Clause 3.03 of the Dealership Agreement]*.

Appears in 2 contracts

Samples: First Amending Agreement, Dealership Agreement

New Dealer(s. (a) In accordance with the provisions of subclause 7.01(b) of the Dealership Agreement the Issuer hereby appoints those of the Managers who are not Dealers (for the purposes of this Clause, a “New Dealer”) as dealers upon the terms of the Dealership Agreement in respect of the Covered Bonds only with the authority, rights, powers, duties and obligations of a Dealer under the Dealership Agreement to the extent provided in such subclause 7.01(b) save that each New Dealer [shall not have the benefit of the undertakings contained in subclause (i) of Clause 3.03 of the Dealership Agreement]*] 1.

Appears in 1 contract

Samples: Agency Agreement

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New Dealer(s. (a) In accordance with the provisions of subclause 7.01(b9.01(b) of the Dealership Agreement the Issuer hereby appoints those of the Managers who are not Dealers (for the purposes of this Clause, a “New Dealer”) as dealers upon the terms of the Dealership Agreement in respect of the Covered Bonds only with the authority, rights, powers, duties and obligations of a Dealer under the Dealership Agreement to the extent provided in such subclause 7.01(b9.01(b) save that each New Dealer [shall not have the benefit of the undertakings contained in subclause (ig) of Clause 3.03 of the Dealership Agreement]*.Agreement]†.

Appears in 1 contract

Samples: First Amending Agreement

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