Examples of Applicable Representative in a sentence
Status of the Directors” Kentaro Okuda Executive Managing Director and Deputy President Group Co-COO Toshio Morita Executive Managing Director Group Co-COO Not Applicable Representative Director and President of Nomura Securities Co., Ltd.
Reference Banks:Not Applicable- Representative Amount:Not Applicable(vi) Reset Date(s):First day of each Interest Period(vii) Relevant Currency:USD(viii) Designated Maturity:3 months(ix) Interest Determination Time:11:00 a.m. (London time)(x) Interest Determination Date:Second London Business Day prior to the start of each Interest Period(xi) Reference Market:London interbank market(xii) Margin(s):+0.25 per cent.
The Company acknowledges and agrees that the Collateral Agent’s actions under this Agreement are on the basis of authority conferred under the Principal Finance Documents to which the Collateral Agent is a party, and on directions of the Applicable Representative.
For purposes of the covenants set forth in this Senior Secured Notes Indenture and Security Documents, the Applicable Representative from time to time shall make all determinations on behalf of the noteholders with respect to these 28 Security Principles and the Senior Secured Notes shall not be entitled to any Collateral not also available on the same priority basis in respect of the Senior Secured Credit Facilities, any other Credit Agreement or other Public Debt.
Notwithstanding any other provision of this Agreement, nothing herein shall be construed to impose any fiduciary or other duty on the Applicable Representative to any Non-Applicable Secured Party or give any Non-Applicable Secured Party the right to direct the Applicable Representative, except that the Applicable Representative shall be obligated to distribute Proceeds of any Shared Collateral in accordance with Section 2.01.