Payment Agent definition

Payment Agent shall have the meaning set forth in Section 2.8(a).

Payment Agent means Odyssey Trust Company, or any other payment agent or trust company, bank or financial institution as the Company may appoint to act as payment agent with the approval of the Purchaser, acting reasonably, for the purpose of, among other things, paying the Option Premium to the Company Shareholders in connection with the Arrangement.

Payment Agent has the meaning set forth in Section 1.8(a) of this Agreement.

Examples of Payment Agent in a sentence

• A Customer who has elected to use a Payment Agent shall be treated in the same manner as other Customers in the Company’s application of the applicable statutes, rules and regulations of the Commission and the terms and conditions of this Tariff, notwithstanding any failure of the Payment Agent to remit payment to the Company or any failure of the Payment Agent to forward to the Customer any Company notices, bill inserts or other written correspondence.

• Any amendment made to the agreement entered into between the Clearing Member and a Settlement Agent or a Payment Agent shall be in accordance with the principles set-out in the declaration of compliance.

• Such declaration of compliance must be duly completed and signed by the Clearing Member (and, if applicable, the relevant Settlement Agent and/or Payment Agent) and returned to LCH SA.

• Payment agent locations will be clearly marked as "Authorized Payment Agent for Great Lakes Energy".

• Units of the Fund may be purchased and redeemed from the Payment Agent.

More Definitions of Payment Agent

Payment Agent shall have the meaning set forth in Section 1.10(a).

Payment Agent has the meaning set forth in Section 2.2(b).

Payment Agent has the meaning specified therefor in Section 5.01(m).

Payment Agent has the meaning set forth in Section 1.14(a).

Payment Agent means any third party appointed by the Company to carry out on its behalf and make payments to the Affiliates.

Payment Agent is defined in Section 2.8(a).

Payment Agent means U.S. Bank National Association, in its capacity as payment agent with respect to the Payment Account.