Examples of Retiring Agent in a sentence
The Clearing House shall notify the Retiring Member, Retiring Agent Member, or the Resigning Member or Resigning Agent Member of any steps taken under this Rule.
The maximum penalty the magistrates’ court can impose for a breach of site license is £2,500.
A Sponsored Member or Agent Member may, in accordance with the Sponsored Membership Agreement or Agent Membership Agreement (as applicable) and as further described in the SC Procedures, retire from Sponsored Member or Agent Member status altogether upon giving no less than three months' written notice to the Clearing House, provided that the Clearing House may, at its discretion, agree with a Retiring Sponsored Member or Retiring Agent Member a notice period of less than three months.
The Retiring Agent agrees to deliver all Possessory Collateral, if any, to the Successor Agent on or promptly following the Effective Time, and the Successor Agent agrees to take possession thereof upon such tender by the Retiring Agent.
This register will contain, as a minimum, the information indicated under “Conflicts of interest” in Appendix II.
With effect from the Effective Date, and to the extent that such right, title and interest have not been acquired by the Successor Agent pursuant to Clause 2.6 (Appointment of Successor Agent), the Retiring Agent assigns absolutely and with full title guarantee to the Successor Agent all its right, title and interest present and future, as Initial ACF Agent (under the IACFA), in and to the IACFA.
An amendment or waiver to, or in relation to, the Amended IACFA on or after the Effective Date which relates to the rights or obligations of the Retiring Agent shall not be effective in relation to the Retiring Agent without the consent of the Retiring Agent.
The Retiring Agent shall (at the expense of the Company, provided any expenses are reasonably incurred) make available to the Successor Agent such documents and records and provide such assistance as the Successor Agent may reasonably request for the purposes of performing its functions as Initial ACF Agent under the Amended IACFA and any other Initial ACF Finance Documents.
With respect to the matters described in this Section, a Lender who is the Retiring Agent shall not have the right to vote, the requisite percentage of Lenders that constitutes the Required Lenders shall be calculated exclusive of the percentage of such Lender, and such Lender shall not be considered a "Lender" in determining the Required Lenders.
The Retiring Agent shall duly assign, transfer and deliver to such Successor Agent (or any temporary successor or the Required Lenders performing the duties of the Retiring Agent, if applicable hereunder) all moneys at the time held by the Retiring Agent hereunder after deducting therefrom its expenses for which it is entitled to be reimbursed hereunder.