Examples of FX Agent in a sentence
By 12:00 p.m. (New York City time) on the fourth (4th) Business Day following the last day of a Weekly Collection Period for a Currency Conversion Weekly Allocation Date, the Managers will provide to the Trustee and the Servicer a statement substantially in the form of Exhibit B directing the FX Agent to settle a Currency Conversion that will result in a specified amount of U.S. Collections or Canadian Collections (each, a “FX Exchange Report”) on such Weekly Allocation Date.
The Co-Issuers may remove the FX Agent at any time by giving not less than thirty (30) days’ prior written notice to the Servicer, the Managers, the Back-Up Manager, the Controlling Class Representative, the Class A-1 Administrative Agent and each Rating Agency.
The FX Agent may resign at any time by giving not less than thirty (30) days’ prior written notice to the Co-Issuers, the Servicer, the Managers, the Back-Up Manager, the Controlling Class Representative, the Class A-1 Administrative Agent and each Rating Agency.
No resignation or removal of the FX Agent and no appointment of a successor FX Agent will be effective until the acceptance of appointment by the successor FX Agent.
The initial Fiscal Agent, Paying Agent, Transfer Agent, FX Agent and Registrars and their respective initial Specified Offices are listed below.
If the claims could be viewed as relating to the Master Netting Agreement and the FX Agent Master Agreement as well as the FX Prime Brokerage Agreement, then in the case of a conflict between standard forms drafted by the Bank, Sebastian should be entitled to exercise its rights to New York jurisdiction under the FX Prime Brokerage Agreement.
In those circumstances, the parties must be taken to have agreed that the Bank’s claim would be allocated to the jurisdiction chosen under the FX Prime Brokerage Agreement made in November 2006 rather than the FX Agent Master Agreement (which was subordinate to it) or the Master Netting Agreement (where the debts were merely consequential).
Account ServiceCash account opening Clearing, Cross-border fund remittance, Collection payment,Cash Management, Preferable deposit rate offering, Overnight overdraft service Agent Trading Service Pre-trading work including filling and bond accounts opening Bond Price Quotation Bond Agent Trading Bond Agent Settlement FX Agent Trading Training and in –house Research CustodyBasic Service, Safekeeping, Account opening, Settlement Services.
There is no obligation on the foreign exchange desk or the FX Agent to make any conversion or to conclude any foreign exchange transaction.
The FX Agent may, in its sole discretion, reject/refuse an exchange transaction carried out by You, as all remittance operations on the Nomad Mobile Application are subject to confirmation/acceptance by the FX Agent, all in accordance with operational rules , prevention of money laundering crimes, financing of terrorism, fraud prevention and FX Agent compliance.