Obligations of the Agents. The obligations of each Agent under this Agreement, the Note and the other Transaction Documents are only those expressly set forth herein and therein;
Obligations of the Agents. In performing their respective obligations under this Agreement, the Agents will be acting severally and not jointly and severally. Nothing in this Agreement is intended to create any relationship in the nature of a partnership, or joint venture between the Agents.
Obligations of the Agents. The obligations of the Agents under this Agreement are several and not joint.
Obligations of the Agents. The obligations of each Agent under this Credit Facility Agreement, under the Note and under the Security Documents are only those expressly set forth herein and therein.
Obligations of the Agents. Notwithstanding any other provision of this Agreement, the obligations of each Agent under this Agreement and any Terms Agreement shall be several and not joint. If the foregoing correctly sets forth the understanding between the Company, the Operating Partnership and the Agents, please so indicate in the space provided below for that purpose, whereupon this Agreement and your acceptance shall constitute a binding agreement between the Company, the Operating Partnership and the Agents. Alternatively, the execution of this Agreement by the Company and the Operating Partnership and its acceptance by or on behalf of the Agents may be evidenced by an exchange of telegraphic or other written communications. Very truly yours, GLOBAL NET LEASE, INC. By: /s/ Xxxxx X. Xxxxxx Name: Xxxxx X. Xxxxxx Title: President and Chief Executive Officer GLOBAL NET LEASE OPERATING PARTNERSHIP, L.P. By: Global Net Lease, Inc., its general partner By: /s/ Xxxxx X. Xxxxxx Name: Xxxxx X. Xxxxxx Title: President and Chief Executive Officer ACCEPTED as of the date first above written UBS SECURITIES LLC By: /s/ Xxxxxxxxxxx Xxxxxx Name: Xxxxxxxxxxx Xxxxxx Title: Managing Director UBS SECURITIES LLC By: /s/ Xxxxxxx Xxxxxx Name: Xxxxxxx Xxxxxx Title: Associate Director XXXXXX X. XXXXX & CO. INCORPORATED By: /s/ B. Xxxxxxx Xxxxxxxx Name: B. Xxxxxxx Xxxxxxxx Title: Vice President CAPITAL ONE SECURITIES, INC. By: /s/ Xxxx Xxxxxx Name: Xxxx Xxxxxx Title: Managing Director 731261164 MIZUHO SECURITIES USA LLC By: /s/ Xxxxxxx F. X. Xxxxx Name: Xxxxxxx F. X. Xxxxx Title: Managing Director X. XXXXX FBR, INC. By: /s/ Xxxxxxx XxXxxxxx Name: Xxxxxxx XxXxxxxx Title: Senior Managing Director KEYBANC CAPITAL MARKETS INC. By: /s/ Xxxxxxxx Xxxxx Name: Xxxxxxxx Xxxxx Title: Senior Managing Director BMO CAPITAL MARKETS CORP. By: /s/ Xxxxx Xxxx Name: Xxxxx Xxxx Title: Managing Director, North American Real Estate BBVA SECURITIES INC. By: /s/ Xxxx Xxxxxxx Name: Xxxx Xxxxxxx Title: Managing Director SMBC NIKKO SECURITIES AMERICA, INC. By: /s/ Xxxxxxx X. Xxxxx Name: Xxxxxxx X. Xxxxx Title : Managing Director XXXXXX, XXXXXXXX & COMPANY, INCORPORATED By: /s/ Xxxx Xxxxxxx Name: Xxxx Xxxxxxx Title: Managing Director
Obligations of the Agents. In performing their respective obligations under this Agreement, the Agents will be acting severally and neither jointly nor jointly and severally. Nothing in this Agreement is intended to create any relationship in the nature of a partnership, or joint venture among any of the Agents. The Agents' respective obligations and rights and benefits hereunder will be as to the following percentages: Gravitas Securities Inc. - 50% Canaccord Genuity Inc. - 50%
Obligations of the Agents. Notwithstanding any other provision of this Agreement, the obligations of each Agent under this Agreement and any Terms Agreement shall be several and not joint. If the foregoing correctly sets forth the understanding between the Company, the Operating Partnership and the Agents, please so indicate in the space provided below for that purpose, whereupon this Agreement and your acceptance shall constitute a binding agreement between the Company, the Operating Partnership and the Agents. Alternatively, the execution of this Agreement by the Company and the Operating Partnership and its acceptance by or on behalf of the Agents may be evidenced by an exchange of telegraphic or other written communications. Very truly yours, GLOBAL NET LEASE, INC. By: /s/ Jxxxx X. Xxxxxx Name: Jxxxx X. Xxxxxx Title: Chief Executive Officer and President GLOBAL NET LEASE OPERATING PARTNERSHIP, L.P. By: Global Net Lease, Inc., its general partner By: /s/ Jxxxx X. Xxxxxx Name: Jxxxx X. Xxxxxx Title: Chief Executive Officer and President ACCEPTED as of the date first above written LADENBURG TXXXXXXX & CO. INC. By: /s/ Sxxxx Xxxxxx Name: Sxxxx Xxxxxx Title: Head of Capital Markets BMO CAPITAL MARKETS CORP. By: /s/ Dxxxx Xxxx Name: Dxxxx Xxxx Title: Managing Director
Obligations of the Agents. 4.1 The Agents will provide a direction to CDS Clearing and Depository Services Inc. (“CDS”) with respect to the crediting of the Notes to the accounts of the participants in CDS as will be designated by the Agents in writing in sufficient time prior to the closing of the Offering to permit such crediting and the Global Note (or Global Notes, as applicable) (as defined below) to be issued as a book-entry only security in accordance with the rule and procedures of CDS.
Obligations of the Agents the obligations of the Administrative Agent or the Security Trustee, as the case may be, under each of the Transaction Documents are only those expressly set forth in each such Transaction Document;
Obligations of the Agents. The Agents' obligation to offer the Special Warrants for sale shall be several and not joint and each of the Agents shall offer for sale the percentage of Special Warrants set forth opposite its name below, namely: Canaccord Capital Corporation 40% ScotiaMcLeod Inc. 30% Newcrest Capital Inc. 30% 144554\0514777.WP - 27 - In the event that one of the Agents shall fail to arrange for purchasers, at the Closing, up to its applicable percentage of Special Warrants, the other Agents shall have the right, but shall not be obligated, to offer for sale all of the percentage of the Special Warrants which would otherwise have been offered for sale by that Agent who fails to meet its allotted percentage. In the event that such right is not exercised, the other Agents, if not in default hereunder, shall be relieved of all obligations to the Corporation Nothing in this paragraph shall oblige the Corporation to sell to the Purchasers less than all of the Special Warrants subscribed for or relieve from liability to the Corporation any Purchaser which shall be so in default. In the event of a termination by the Corporation of its obligations under this Agreement, there shall be no further liability on the part of the Corporation to the Agents except in respect of any liability which may have arisen or may thereafter arise pursuant to Sections 7, 9 or 10. ScotiaMcLeod Inc. and Newcrest Capital Inc. irrevocably appoint Canaccord Capital Corporation as their agent to: (i) grant any consents to be granted, make any determinations to be made and exercise any discretion to be exercised by the Agents pursuant hereto, excluding the rights of termination contained in sections 11 and 12; (ii) settle the contents of any term sheet used by the Agents and relating to the Special Warrants and the contents of the Preliminary Prospectus and the Prospectus; and (iii) negotiate and settle the final terms of the Special Warrant Indenture and the Debenture Indenture. Canaccord Capital Corporation shall consult with the other Agents in making any determination or settlement or in respect of any negotiation relating to the foregoing and shall use its reasonable best efforts to act in the best interests of all the Agents and use its reasonable best efforts to discuss the actions Canaccord Capital Corporation proposes to take under this subsection with the other Agents.
