Examples of Xxxxxx Guaranty Trust Company in a sentence
All such payments of principal and interest shall be made in lawful money of the United States in Federal or other immediately available funds at the office of Xxxxxx Guaranty Trust Company of New York, 00 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx.
Any such royalties on or other payments relating to transactions in a foreign currency shall be converted into United States dollars based on the closing buying rate of the Xxxxxx Guaranty Trust Company of New York applicable to transactions under exchange regulations for the particular currency on the last business day of the accounting period for which such royalty or other payment is due.
For converting payments into United States Dollars COMPANY shall use the average of the closing buying rates of the Xxxxxx Guaranty Trust Company of New York applicable to transactions under exchange regulations for the particular currency on the date payment is due.
Xxxxxx Guaranty Trust Company of New York shall have the same rights and powers under this Agreement as any other Bank and may exercise or refrain from exercising the same as though it were not the Agent, and Xxxxxx Guaranty Trust Company of New York and its affiliates may accept deposits from, lend money to, and generally engage in any kind of business with the Borrower or any Subsidiary or affiliate of the Borrower as if it were not the Agent hereunder.
All references in the Deposit Agreement to the Depositary or Xxxxxx Guaranty Trust Company of New York shall be deemed references to JPMorgan Chase Bank, N.A.
Citibank, N.A. will initially act as depositary for Clearstream and Xxxxxx Guaranty Trust Company of New York, Brussels Office, will initially act as depositary for Euroclear.
In the event that Buyer fails to make any payment when due, Seller shall have the right to charge interest on the amount of the overdue payment at a per annum rate which shall be two percentage points higher than the published prime lending rate of Xxxxxx Guaranty Trust Company of New York on the date payment was due, but not to exceed the maximum rate permitted by law.
Xxxxxx Guaranty Trust Company of New York shall have the same rights and powers under this Agreement as any other Bank and may exercise or refrain from exercising the same as though it were not the Agent, and Xxxxxx Guaranty Trust Company of New York and its affiliates may accept deposits from, lend money to, and generally engage in any kind of business with the Company, the Borrower or any Subsidiary or affiliate of the Company or the Borrower as if it were not the Agent hereunder.
Each Custodian so appointed (other than Xxxxxx Guaranty Trust Company of New York) shall give written notice to the Company and the Depositary accepting such appointment and agreeing to be bound by the applicable terms hereof.
On November 11, 2001, in connection with the merger of The Chase Manhattan Bank and Xxxxxx Guaranty Trust Company of New York, the surviving corporation was renamed JPMorgan Chase Bank.