Accredited Intermediary Sample Clauses

Accredited Intermediary. The Custodian has initially appointed-(Paris) as agent of the Custodian to act as the Accredited Intermediary for the purposes of this Agreement. The Accredited Intermediary in acting hereunder shall be subject at all times and in all respects to the direction of the Custodian and shall be responsible solely to it and Vivendi. The Accredited Intermediary may resign and be discharged from its duties hereunder by notice of such resignation delivered to the Custodian and Vivendi at least 30 days prior to the date on which such resignation is to become effective. The Custodian shall, promptly after receiving such notice, appoint a substitute intermediary, after consultation with Vivendi, which shall thereafter be the Accredited Intermediary hereunder. Whenever Vivendi determines that it is in the best interest of the Holders to do so, it may cause the appointment of a substitute or an additional intermediary, after consultation with the Custodian, which shall thereafter be the Accredited Intermediary hereunder. Upon demand of the Custodian or Vivendi, the Accredited Intermediary shall deliver such of the Vivendi Voting Rights held by it as are requested of it to any other Accredited Intermediary or such substitute or additional intermediary or intermediaries. Each such substitute or additional intermediary shall deliver to the Custodian forthwith upon its appointment, an acceptance of such appointment satisfactory in form and substance to the Custodian and Vivendi. Immediately upon any such change, the Custodian shall give notice thereof in writing to all Holders. Upon the appointment of any successor Custodian hereunder, any Accredited Intermediary then acting hereunder shall forthwith become, without any further act or writing, the agent hereunder of such successor Custodian and the appointment of such successor custodian shall in no way impair the authority of each
Sample 1
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Related to Accredited Intermediary

  • Institutional Accredited Investor It is and will be on the Closing Date (i) an institutional “accredited investor” as such term is defined in Rule 501(a) of Regulation D and as contemplated by subsections (1), (2), (3) and (7) of Rule 501(a) of Regulation D, and has no less than $5,000,000 in total assets, or (ii) a QIB.

  • Accredited Investor The Purchaser is an accredited investor as defined in Rule 501(a) of Regulation D promulgated under the Securities Act.

  • Accredited Investors The Optionee is an accredited investor as defined in Rule 501(a) of Regulation D promulgated under the Securities Act.

  • Accredited Investor Status The Buyer is an “accredited investor” as that term is defined in Rule 501(a) of Regulation D (an “Accredited Investor”).

  • Investment Intent; Accredited Investor The Investor is purchasing the Note and the Warrant for its own account, for investment purposes, and not with a view towards distribution. The Investor is an “accredited investor” as such term is defined in Rule 501(a) of Regulation D of the 1933 Act. The Investor has, by reason of its business and financial experience, such knowledge, sophistication and experience in financial and business matters and in making investment decisions of this type that it is capable of (a) evaluating the merits and risks of an investment in the Note, the Warrant and the Investor Shares and making an informed investment decision, (b) protecting its own interests and (c) bearing the economic risk of such investment for an indefinite period of time.

  • Qualified Institutional Buyer Each Initial Purchaser severally and not jointly represents and warrants to, and agrees with, the Company that it is a "qualified institutional buyer" within the meaning of Rule 144A under the 1933 Act (a "Qualified Institutional Buyer") and an "accredited investor" within the meaning of Rule 501(a) under the 1933 Act (an "Accredited Investor").

  • Qualified Institutional Buyers The Buyer owned and/or invested on a discretionary basis less than $100,000,000, but it is an entity in which all of the equity owners are qualified institutional buyers.

  • Initial Purchasers as Qualified Institutional Buyers Each Initial Purchaser severally and not jointly represents and warrants to, and agrees with, the Company that:

  • Transfers to Non-QIB Institutional Accredited Investors The following provisions shall apply with respect to the registration of any proposed transfer of a Note to any Institutional Accredited Investor which is not a QIB (excluding Non-U.S. Persons):

  • Transfers of Rule 144A Notes and Institutional Accredited Investor Notes The following provisions shall apply with respect to any proposed registration of transfer of a Rule 144A Note or an Institutional Accredited Investor Note prior to the date that is one year after the later of the date of its original issue and the last date on which the Issuer or any Affiliate of the Issuer was the owner of such Notes (or any predecessor thereto) (the “Resale Restriction Termination Date”):

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