Common use of TRANSACTIONS ENTERED INTO AS AGENT Clause in Contracts

TRANSACTIONS ENTERED INTO AS AGENT. 1.1 Power for Lender to enter into Loans as agent Subject to the following provisions of this paragraph, Xxxxxx may enter into Loans as agent (in such capacity, the Agent) for a third person (a Principal), whether as custodian or investment manager or otherwise (a Loan so entered into being referred to in this paragraph as an Agency Loan). If the Lender has indicated in paragraph 8 of the Schedule that it may act as Agent, it must identify each Loan in respect of which it acts as Agent as an Agency Loan at the time it is entered into. If the Lender has indicated in paragraph 8 of the Schedule that it will always act as Agent, it need not identify each Loan as an Agency Loan.

Appears in 4 contracts

Samples: Agreement, resources.easyequities.co.za, www.ird.gov.hk

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