Determination Agent definition

Determination Agent means Calculation Agent Services LLC and any successor or replacement thereto or any other entity appointed as determination agent in accordance with the terms of the Determination Agency Agreement.

Determination Agent means the determination agent appointed under the Conditions of the Notes.

Determination Agent means an investment bank or financial institution of international standing selected by the Issuer after consultation with the Trustee;

Examples of Determination Agent in a sentence

• The Determination Agent may consult, on any legal matter which it believes in good faith requires such consultation, any legal or other professional advisers reasonably selected by it, who may be employees of or advisers to the Issuer, and it shall not be liable in respect of anything done, or omitted to be done, relating to that matter in good faith in accordance with the opinion of such adviser(s).

• The Arranger shall, on demand by the Determination Agent, pay or discharge the costs of any such advice, provided that the Determination Agent must first obtain the consent of the Arranger in respect of the cost of the advice sought, such consent not to be unreasonably withheld and with the Arranger being required to indicate whether they consent or not in an expeditious manner.

• The Trustee shall not be responsible for monitoring or supervising the performance by the Determination Agent of its duties, obligations and functions and, unless and until the Trustee has been notified in writing to the contrary, the Trustee shall be entitled to assume that the Determination Agent is properly performing its duties, obligations and functions pursuant to the terms of this Determination Agency Agreement.

• To the extent that the Determination Agent requires clarification of its duties pursuant to this Determination Agency Agreement, the Determination Agent is entitled to seek instructions from, and to rely entirely and act on the instructions received from, the Issuer and, without prejudice to Clauses 3, 7 and 8, the Determination Agent shall not be responsible for any action it takes in accordance with such instructions.

• The Arranger shall also, upon receipt of reasonable evidence of such expenditure, if requested by the Determination Agent pay on demand all proper out-of-pocket expenses (including, but not limited to, legal, advertising, and postage expenses) properly incurred by the Determination Agent in connection with its services unless otherwise expressly agreed in writing by the Arranger.

More Definitions of Determination Agent

Determination Agent means an investment bank or financial institution of international standing selected by the Issuer;

Determination Agent means Deutsche International Corporate Services (Ireland) Limited and any successor or replacement thereto.

Determination Agent means an investment bank or financial institution of international standing selected by the Issuer (which may be the Calculation Agent or the Issuer’s Affiliate).

Determination Agent means a leading investment bank or financial institution of international standing selected by the Issuer;

Determination Agent means an independent adviser, investment bank or financial institution of recognised standing selected by the Issuer;

Determination Agent means an independent investment bank of international repute, appointed by the Issuer and the Guarantor (and notice thereof is given to Noteholders and the Fiscal Agent by the Issuer in accordance with Condition 20 (Notices)) for the purposes of performing any of the functions expressed to be performed by it under these Conditions;

Determination Agent means a financial adviser or bank which is independent of the Issuer appointed by the Issuer for the purpose of determining the Make Whole Redemption Price;