Examples of Metal Agent in a sentence
The Metal Agent may not resign its duties without a successor Eligible Metal Agent having been appointed as aforesaid.
If the Metal Agent resigns or its appointment is terminated for any reason, the Issuer shall use all reasonable efforts to appoint an Eligible Metal Agent to act as the Metal Agent in its place within 60 calendar days of the date of the notice of resignation or the notice of termination or the date the appointment was automatically terminated in accordance with the Metal Agent Agreement.
In making any determination or exercising any discretion, neither the Metal Agent, the Programme Administrator nor the Series Counterparty is obliged to consider the individual interests or circumstances of any particular investor.
The Metal Agent will be specified in the Final Terms and acts as metal agent (the “Metal Agent”) in respect of the relevant Series of ETC Securities.
No, neither the Issuer, the Metal Agent, the Programme Administrator nor the Series Counterparty assume any obligations or duty to, or relationship of agency or trust for or with, any Securityholder.
Any of the above actions, if taken by the Issuer, Metal Agent, the Programme Administrator or Series Counterparty (as the case may be) may result in a reduced return on the Securities or have a material adverse impact on the value of the ETC Securities.
Deutsche Bank AG, London Branch acts as the Company’s Lead Authorised Participant, Arranger, Metal Agent, Issuing and Paying Agent and Programme Counterparty.
The Issuer’s ability to pay the Final Redemption Amount or the Early Redemption Amount on the Scheduled Maturity Date or Early Redemption Date (as applicable) is dependent on its receipt of the disposal proceeds of the Underlying Metal from the Metal Agent.
The Metal Agent may assume that instructions have been properly authorised by the Issuer, the Security Trustee or the Administrator as applicable, if they are given or purport to be given, in the case of instructions from the Security Trustee by one person and in case of instructions from the Issuer or the Administrator, in accordance with the Operating Procedures.
The Metal Agent shall not outsource any of its obligations or responsibilities under this Agreement to any other party without the prior written consent of the Issuer.