Examples of Calculation Agent in a sentence
Appointment of the Calculation Agent The Calculation Agent is appointed, and the Calculation Agent agrees to act, as Calculation Agent in respect of each Series of Notes described in the Schedule (the "Relevant Notes") for the purposes set out in clause 2 and on the terms of this Agreement.
The initial person or department so specified by each party are set out in the Procedures Memorandum or, in the case of the Calculation Agent, on the signature page of this Agreement.
Pekao and each of the Dealers, except for ISP-IMI, accept the appointment and undertake to act as the Calculation Agent in accordance with the Agreement, the Terms and Conditions of Issue of Coupon Bonds and the relevant provisions of law.
The Calculation Agent shall in relation to each series of Relevant Notes (each a "Series") perform all the functions and duties imposed on the Calculation Agent by the terms and conditions of the Relevant Notes (the "Conditions") including endorsing the Schedule appropriately in relation to each Series of Relevant Notes.
All determinations of the SOFR Rate by the Calculation Agent, in the absence of manifest error, will be conclusive and binding on the Noteholders.