Examples of Series Purchase Agreement in a sentence
With respect to any Series, all terms used herein and not otherwise defined herein shall have meanings ascribed to them in the related Series Purchase Agreement.
Subject to the specific terms of a Series Purchase Agreement in relation to the related Series, the Custodian is hereby authorized to make rules and regulations respecting the holding of meetings of Co-Owners, including with respect to the giving of notice, the appointment of proxies, the appointment of a Chairman, the conduct of a vote and such other matters as are reasonably required for the conduct of such meeting.
To the best of the Seller's knowledge, it has not violated any of the applicable Specified Account Designation Requirements in any manner which, in the reasonable opinion of the Seller, would materially and adversely affect the performance by the Seller of its material obligations under this Agreement, the applicable Series Purchase Agreement or any Related Document and it is not aware of any current or pending review of its membership or licence thereunder.
The Seller will use its best efforts to cause all information provided to any Rating Agency pursuant to this Agreement, each Series Purchase Agreement and any Additional Property Agreement or in connection with any action required or permitted to be taken hereunder or thereunder to be complete and accurate in all material respects.
The execution and delivery of this Agreement and each Series Purchase Agreement and each Related Document by the Seller and the consummation by the Seller of the transactions provided for in this Agreement, each Series Purchase Agreement and each Related Document, have been duly authorized by all necessary corporate action on the part of the Seller.
The Person in whose name the Accumulations Account of a Series is established shall execute the related Series Purchase Agreement, any related Additional Property Agreement and any other document as may be required in the Series Purchase Agreement and, in so doing, shall become obligated to apply the funds on deposit therein in the manner, at the times and for the purposes set forth herein and in the related Series Purchase Agreement and any related Additional Property Agreement.
Upon satisfaction of the conditions in Section 3.1, each of the other parties hereto shall, at the request and expense of the Seller, execute and deliver such documents and carry out such acts as Counsel shall advise are necessary to permit the completion of the Transfers referred to therein, including any amendments to this Agreement and any Series Purchase Agreement necessary to give effect to the same.
Each of the provisions of this Agreement or any Series Purchase Agreement is hereby declared to be separate and distinct.
Except as otherwise expressly provided in this Agreement, any Series Purchase Agreement or any Additional Property Agreement, neither the Seller nor any Person claiming through or under the Seller has any interest in or claim to the Collection Account, any Accumulations Account or any Additional Property.
Each Co-Owner, upon acquiring an Ownership Interest of a Series or Class, acknowledges and agrees that any Additional Property relating to another Series or Class shall not be available for any purpose in respect of the Ownership Interest of such Co-Owner unless the applicable Series Purchase Agreement or Additional Property Agreement provides that such Co- Owner is to have the benefit of such Additional Property.