Bond Agent definition
Examples of Bond Agent in a sentence
Unless otherwise provided in such amendment or ancillary agreement, the Bond Agent shall have all rights of the Escrow Agent in this Agreement except those directly relating to the Escrow Funds, the Holdings Escrow Account, the Deposit Funds and the Parallel Deposit Account and those set forth in Section 5.
Escrow Agent will not have any responsibility or liability for any actions or omissions of the Bond Agent.
If and when a Bond Account is established, the Bond Agent will execute and deliver an amendment to this Agreement or an ancillary agreement agreed upon by Parallel, Holdings, Administrative Agent and the Bond Agent.
The Administrative Agent will assist Holdings and Parallel in connection with finding a Bond Agent.
Pursuant to the Engagement Letter, the Trust will not engage in any transaction with any party without the prior consent of the Bond Agent.