Permanent Dealers definition
Examples of Permanent Dealers in a sentence
References in this Offering Circular to "Permanent Dealers" are to the person or persons listed above as Dealer and to such additional persons that are appointed as dealers in respect of the whole Programme (and whose appointment has not been terminated) and to "Dealers" are to all Permanent Dealers and all persons appointed as dealers in respect of one or more Tranches.
References in this Base Prospectus to ‘‘Permanent Dealers’’ are to the persons listed above as Dealers and to such additional persons that are appointed as dealers in respect of the whole Programme (and whose appointment has not been terminated) and references to ‘‘Dealers’’ are to all Permanent Dealers and all persons appointed as a dealer in respect of one or more Tranches.
The Permanent Dealers may waive a period of notice required to be given by the Issuers under this agreement.
From time to time the Issuers may request an increase in the Programme Limit by delivering to the Trustee, the Issuing and Paying Agent and each of the Permanent Dealers the letter set out in Schedule F.
The Issuer may not assign or transfer its rights or obligations under this Agreement without the prior written consent of the Permanent Dealer(s) and any purported assignment or transfer without such consent shall be void.
The Issuer shall promptly notify the other Permanent Dealers of any appointment of an Arranger or a Permanent Dealer.
Unless otherwise agreed between the Issuers and the Permanent Dealers, each request for bids by fax or other electronic means must be in, or substantially in, the form of schedule 4 (“Form of STN Bid Request”).
Unless notice to the contrary is received by the Issuers no later than 10 days after notice was received by each of the Permanent Dealers, each Permanent Dealer shall be deemed to have given its consent to the increase in the Programme Limit, whereupon all references in the contracts and the Procedures Memorandum to the Programme being in a certain nominal amount, shall be to the Programme Limit in the increased nominal amount.
The Issuers agree to notify the Permanent Dealers in writing of any appointment, termination or resignation of a Permanent Dealer.
The Issuers shall promptly notify the other Permanent Dealers of any appointment of an Arranger or a Permanent Dealer.