Status of Calculation Agent. Any acts taken by the Calculation Agent under this Agreement or in connection with any Floating Rate Notes, including, specifically, but without limitation, the calculation of any interest rate for a Floating Rate Note, shall be deemed to have been taken by the Calculation Agent solely in its capacity as an agent acting on behalf of the Bank and shall not create or imply any obligation to, or any trust or agency relationship with, any of the owners or holders of the Floating Rate Notes.
Appears in 3 contracts
Samples: Fiscal and Paying Agency Agreement (Santander Holdings USA, Inc.), Interest Calculation Agreement (First Horizon National Corp), Interest Calculation Agreement (Popular Inc)
Status of Calculation Agent. Any acts taken by the Calculation Agent under this Agreement or in connection with any Floating Rate Notes, including, specifically, but without limitation, the calculation of any interest rate for a Floating Rate Note, shall be deemed to have been taken by the Calculation Agent solely in its capacity as an agent acting on behalf of the Bank Company and shall not create or imply any obligation to, or any agency or trust or agency relationship with, with any of the owners or holders of the Floating Rate Notes.
Appears in 1 contract
Samples: Interest Calculation Agent Agreement (Southwest Gas Corp)
