Agent Group definition
Examples of Agent Group in a sentence
The covenants and agreements of the parties hereto, including Sections 6 and 7 above, will remain in full force and effect and will survive the consummation of the Stock Offering and mutual-to-stock conversion or the termination of this Agreement, and the Agent Group shall be entitled to the benefit of the covenants and agreements thereafter.
The Company agrees to advance or reimburse the Agent Group (or any one or more of them) within fifteen (15) business days of a written request therefor in connection with investigating, preparing or defending against any such loss, claim, damage, liability or action by the Agent Group (or any one or more of them).
The Financial Agent Group shall not solicit or obtain from any Treasury employee, directly or indirectly, any information that is not public and was prepared for use by the Treasury for the purpose of evaluating a bid, proposal, or offer to enter into an agreement.
The Financial Agent Group has a continuing obligation to search for and to report any potential organizational or personal conflicts of interest.
The Financial Agent Group shall follow a trade allocation policy requiring fair allocation of trades and investment opportunities and that complies with the Investment Advisers Act of 1940 in all material respects.
To effect this right, the Treasury may require that, prior to initiation of a transaction related to the TARP portfolio, the Financial Agent Group disclose to the Treasury the list of potential broker-dealers in consideration for execution of such transaction and the reasons why the Financial Agent Group believes such broker-dealers are suited to provide best execution pursuant to the FAA.
The Financial Agent Group shall document such internal oversight and provide the Treasury with quarterly reports sufficient to evaluate the effectiveness of the Financial Agent Group’s mitigation controls in ensuring compliance with all requirements of the FAA.
The Financial Agent Group shall ensure that any contemplated transactions between the TARP portfolio and the Financial Agent Group or another client of the Financial Agent Group shall be disclosed to Treasury before execution occurs, and Treasury will have the right to refuse such transactions.
The TARP Compliance Officer may have other responsibilities within the Financial Agent Group, provided such responsibilities do not include portfolio management responsibilities.
During the course of the FAA, the Financial Agent Group shall not directly or indirectly make any offer or promise of future employment or business opportunity to, or engage directly or indirectly in any discussion of future employment or business opportunity with, any Treasury employee with personal or direct responsibility for that selection.