Examples of Disposal Agent in a sentence
Subject to such requirement, the Disposal Agent shall be entitled to effect any Liquidation by way of one or multiple transactions on a single or multiple day(s).
The Disposal Agent shall not be liable in respect of anything done or suffered by it in reliance on a document it reasonably believed to be genuine and to have been signed by the proper parties or on information to which it should properly have regard and which it reasonably believed to be genuine and to have been originated by the proper parties.
Where the Notes of a Series or a Class thereof are to be redeemed as a result of a redemption being triggered prior to the Maturity Date, or where the Collateral has a stated maturity falling after the Maturity Date of the Notes, the Disposal Agent is generally required to sell or otherwise liquidate the Collateral.
The Trustee shall be entitled to rely on any notice given by the Issuer, the Disposal Agent or any other person in respect thereof without further enquiry or investigation.
Upon effective delivery of a valid Substitution Notice to the Disposal Agent, the Disposal Agent shall Liquidate the Substituted Original Collateral and the Issuer shall use such net proceeds of Liquidation to purchase the Replacement Collateral Obligations.