Examples of Global Agency Agreement in a sentence
In acting under the Global Agency Agreement, the Registrar does not assume any obligation or relationship of agency or trust for, or with, any Holder of a Note.
Pursuant to the terms of the Global Agency Agreement, the Global Agent shall calculate the Class Coupons for the applicable Classes of Notes (including MAC Notes on which the Exchange Administrator has directed the Global Agent to make payments) for each Accrual Period (after the first Accrual Period) on the applicable LIBOR Adjustment Date.
In acting under the Global Agency Agreement, the Registrar does not assume any obligation or relationship of agency or trust for, or with, any Holder of a Registered Debt Security.
Pursuant to the terms of the Global Agency Agreement, the Global Agent shall calculate the Class Coupons for the Notes for each Accrual Period (after the first Accrual Period) on the applicable LIBOR Adjustment Date.
In acting under the Global Agency Agreement, the Global Agent acts solely as a fiscal agent of Xxxxxxx Mac and does not assume any obligation or relationship of agency or trust for or with any Holder of a Registered Debt Security, except that any moneys held by the Global Agent for payment on a Registered Debt Security shall be held in trust for the Holder as provided in the Global Agency Agreement.
All capitalized terms used and not otherwise defined herein shall have the meanings set forth in the Global Agency Agreement (as defined below).
In the case of an exchange of an Exchangeable Note and an RCR Note, the Exchange Administrator shall direct the Global Agent under the Global Agency Agreement to facility such exchange with DTC.
The Corporation shall only permit any modification of, or any waiver or authorization of any breach or proposed breach of or any failure to comply with, the Global Agency Agreement or the Terms and Conditions of the Notes, as modified, supplemented and amended by the Final Terms, if to do so could not reasonably be expected to be materially prejudicial to the interests of the Noteholders.
Exhibit I-1 to the Global Agency Agreement describes the characteristics of the Exchangeable Notes and RCR Notes and the available Combinations of those Notes, as well as the applicable exchange procedures and fees.
The Exchange Administrator may resign at any time by giving written notice thereof to the Issuer and the Holders of the Exchangeable Notes and the MAC Notes; provided, however, that in the event of U.S. Bank’s resignation or removal as Global Agent pursuant to the Global Agency Agreement such notice shall not be required and such resignation or removal will occur at the same time as the resignation or removal of U.S. Bank as Global Agent.