Examples of Benchmark Transition Designee in a sentence
In connection with the implementation of a Benchmark Replacement with respect to any U.S. dollar denominated Floating Rate Covered Bonds calculated by reference to a USD Benchmark, the Issuer or the Benchmark Transition Designee will have the right, subject to satisfaction of the Benchmark Transition Event Conditions, to make Benchmark Replacement Conforming Changes with respect to any U.S. dollar denominated Floating Rate Covered Bonds from time to time.
Any determination, decision or election pursuant to the benchmark replacement provisions not made by the Benchmark Transition Designee will be made by the Issuer on the basis as described above.
The Benchmark Transition Designee shall have no liability for not making any such determination, decision or election absent bad faith or fraud.
Note that the host PCB have significant distance from the front of the cage.
In connection with the implementation of a CAD Benchmark Replacement with respect to any CAD dollar denominated Floating Rate Covered Bonds calculated by reference to a CAD Benchmark, the Issuer or the CAD Benchmark Transition Designee (after consulting with the Issuer) will have the right, subject to satisfaction of the CAD Benchmark Transition Event Conditions, to make CAD Benchmark Replacement Conforming Changes with respect to any CAD dollar denominated Floating Rate Covered Bonds from time to time.
Any determination, decision or election pursuant to the benchmark replacement provisions not made by the USD Benchmark Transition Designee will be made by the Issuer on the basis as described above.
In connection with the implementation of a USD Benchmark Replacement with respect to any U.S. dollar denominated Floating Rate Covered Bonds calculated by reference to a USD Benchmark, the Issuer or the USD Benchmark Transition Designee (after consulting with the Issuer) will have the right, subject to satisfaction of the USD Benchmark Transition Event Conditions, to make USD Benchmark Replacement Conforming Changes with respect to any U.S. dollar denominated Floating Rate Covered Bonds from time to time.
Any determination, decision or election pursuant to the benchmark replacement provisions not made by the SARON Benchmark Transition Designee will be made by the Issuer on the basis as described above.
Any determination, decision or election pursuant to the benchmark replacement provisions not made by the CAD Benchmark Transition Designee will be made by the Issuer on the basis as described above.
The CAD Benchmark Transition Designee shall have no liability for not making any such determination, decision or election absent bad faith or fraud.