Common use of Stabilisation Clause in Contracts

Stabilisation. In connection with the distribution of any Tranche of Notes, the Dealer (if any) designated as stabilising manager in the applicable Pricing Supplement may over-allot or effect transactions which stabilise or maintain the market price of Notes of the Series of which such Tranche forms a part at a level which might not otherwise prevail, but in doing so such Dealer shall act as principal and not as agent of the relevant Issuer. Such stabilising, if commenced, may be discontinued at any time. Any loss resulting from over-allotment and stabilisation shall be borne, and any net profit arising therefrom shall be retained, by the stabilising manager for its own account. Such stabilising shall be done in accordance with the applicable laws.

Appears in 2 contracts

Samples: Program Agreement (Ciba Specialty Chemicals Holding Inc /Fi/), Program Agreement (Ciba Specialty Chemicals Holding Inc /Fi/)

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Stabilisation. (1) In connection with the distribution of any Tranche of Notes, the Dealer (if any) designated as stabilising manager in the applicable Pricing Supplement may over-allot or effect transactions which stabilise or maintain support the market price of Notes of the Series of which such Tranche forms a part at a level higher than that which might not otherwise prevail, but in doing so such Dealer shall act as principal and not as agent of the relevant IssuerIssuer or the Guarantor. Such stabilising, if commenced, may be discontinued at any time. Any loss resulting from over-allotment and stabilisation shall be borne, and any net profit arising therefrom shall be retained, by the stabilising manager for its own account. Such stabilising shall be done in accordance with the applicable laws.

Appears in 1 contract

Samples: Program Agreement (Ciba Specialty Chemicals Holding Inc /Fi/)

Stabilisation. In connection with the distribution of any Tranche of Notes, the Dealer (if any) designated as stabilising manager in the applicable Pricing Supplement Final Terms or any person acting for him may over-allot or effect transactions which stabilise or maintain with a view to supporting the market price of such Notes of the Series of which such Tranche forms a part and/or any associated securities at a level higher than that which might not otherwise prevail, but in doing so such Dealer or any such person acting for him shall act as principal and not as agent of the relevant Issuer. Such stabilisingIssuer or, if commencedapplicable, may the Guarantor. Any stabilisation will be discontinued at any timeconducted in accordance with all applicable regulations. Any loss resulting from over-allotment and stabilisation shall be borne, and any net profit arising therefrom shall be retained, by the stabilising manager for its own account. Such stabilising shall be done in accordance with the applicable laws.

Appears in 1 contract

Samples: Agreement (Reuters Group PLC /Adr/)

Stabilisation. In connection with the distribution of any Tranche of Notes, the Dealer (if any) designated as stabilising manager in the applicable Pricing Supplement may over-allot or effect transactions which stabilise or maintain the market price of such Notes of the Series of which such Tranche forms a part and/or any associated securities at a level which might not otherwise prevail, but in doing so such Dealer shall act as principal and not as agent of the relevant Issuer. Such stabilising, if commenced, may be discontinued at any time. Any loss resulting from over-over- allotment and stabilisation shall be borne, and any net profit arising therefrom shall be retained, by the stabilising manager for its own account. Such stabilising shall be done in accordance with the applicable laws.

Appears in 1 contract

Samples: Agreement (International Lease Finance Corp)

Stabilisation. (1) In connection with the distribution of any Tranche of Notes, the Dealer (if any) designated as stabilising manager in the applicable Pricing Supplement may over-allot or effect transactions which stabilise or maintain the market price of such Notes of the Series of which such Tranche forms a part and/or any associated securities at a level which might not otherwise prevail, but in doing so such Dealer shall act as principal and not as agent of the relevant IssuerIssuer or the Guarantor (where the issuer is CSF). Such stabilising, if commenced, may be discontinued at any time. Any loss resulting from over-allotment and stabilisation shall be borne, and any net profit arising therefrom shall be retained, by the stabilising manager for its own account. Such stabilising shall be done in accordance with the applicable laws.

Appears in 1 contract

Samples: Programme Agreement (Cadbury Schweppes Public LTD Co)

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Stabilisation. 19.1 In connection with the distribution of any Tranche of Notes, the Dealer (if any) designated as stabilising manager in the applicable Pricing Supplement may over-allot or effect transactions which stabilise or maintain support the market price of Notes of the Series of which such Tranche forms a part at a level higher than that which might not otherwise prevail, but in doing so such Dealer shall act as principal and not as agent of the relevant IssuerIssuer or the Guarantor. Such stabilising, if commenced, may be discontinued at any time. Any loss resulting from over-allotment and stabilisation shall be borne, and any net profit arising therefrom shall be retained, by the stabilising manager for its own account. Such stabilising shall be done in accordance with the applicable laws.

Appears in 1 contract

Samples: Program Agreement (Ciba Specialty Chemicals Holding Inc /Fi/)

Stabilisation. (1) In connection with the distribution of any Tranche of Notes, the Dealer (if any) designated as stabilising manager in the applicable Pricing Supplement may over-allot or effect transactions which stabilise or maintain the market price of such Notes of the Series of which such Tranche forms a part and/or any associated securities at a level higher than that which might not otherwise prevail, but in doing so such Dealer shall act as principal and not as agent of the relevant Issuer, PT or PTC. Such stabilising, if commenced, may be discontinued at any timetime and will be conducted in compliance with all applicable laws and regulations. Any loss resulting from over-allotment and stabilisation shall be borne, and any net profit arising therefrom shall be retained, by the stabilising manager for its own account. Such The Issuer will not, as a result of any action taken by the stabilising shall manager under this clause, be done obliged to issue Notes in accordance with excess of the applicable lawsaggregate amount of Notes agreed to be issued.

Appears in 1 contract

Samples: Programme Agreement (Portugal Telecom SGPS Sa)

Stabilisation. (1) In connection with the distribution of any Tranche of Notes, the Dealer (if any) designated as stabilising manager in the applicable Pricing Supplement Final Terms may over-allot or effect transactions which stabilise or maintain the market price of such Notes of the Series of which such Tranche forms a part and/or any associated securities at a level higher than that which might not otherwise prevail, but in doing so such Dealer shall act as principal and not as agent of the relevant Issuer, PT or PTC. Such stabilising, if commenced, may be discontinued at any timetime and will be conducted in compliance with all applicable laws and regulations. Any loss resulting from over-allotment and stabilisation shall be borne, and any net profit arising therefrom shall be retained, by the stabilising manager for its own account. Such The Issuer will not, as a result of any action taken by the stabilising shall manager under this clause, be done obliged to issue Notes in accordance with excess of the applicable lawsaggregate amount of Notes agreed to be issued.

Appears in 1 contract

Samples: Programme Agreement (Portugal Telecom SGPS Sa)

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