Duties and Rights of Paying Agent Sample Clauses

Duties and Rights of Paying Agent. Section 5.1 Duties 6
Sample 1
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Duties and Rights of Paying Agent. Section 5.1 Duties 5 Section 5.2 Conditions to the Duties of the Paying Agent 5 Section 5.3 Merger 5 Section 5.4 Disclaimer 5 Section 5.5 Compensation 5 Section 5.6 Indemnification 5 ARTICLE VI RESIGNATION AND REMOVAL OF THE PAYING AGENT Section 6.1 Removal 6 Section 6.2 Resignation 7 Section 6.3 Appointment of Successor 7 Section 6.4 Effectiveness of Resignation or Removal 7 Section 6.5 Acceptance by Successor 7 Section 6.6 Survival 7
Sample 1
Duties and Rights of Paying Agent. Section 5.1. Duties......................................................6 Section 5.2. Conditions to the Duties of the Paying Agent................6 Section 5.3. Merger......................................................6 Section 5.4. Disclaimer..................................................7 Section 5.5. Compensation................................................7 Section 5.6. Indemnification.............................................7 ARTICLE VI RESIGNATION AND REMOVAL OF THE PAYING AGENT
Sample 1
Duties and Rights of Paying Agent. Section 5.1 Duties 5 Section 5.2 Conditions to the Duties of the Paying Agent 5 Section 5.3 Merger 5 Section 5.4 Disclaimer 5 Section 5.5 Compensation 5 Section 5.6 Indemnification 6 ARTICLE VI RESIGNATION AND REMOVAL OF THE PAYING AGENT Section 6.1 Removal 6 Section 6.2 Resignation 7 Section 6.3 Appointment of Successor 7 Section 6.4 Effectiveness of Resignation or Removal 7 Section 6.5 Acceptance by Successor 7 Section 6.6 Survival 7 ARTICLE VII MISCELLANEOUS Section 7.1 Term of Agreement 8 Section 7.2 No Assumption of Liability 8 Section 7.3 Notices 8 Section 7.4 Governing Law; Severability 9 Section 7.5 Amendments; Waivers 10 Section 7.6 Non-Assignability 10 Section 7.7 Provisions of Law to Control 10 Section 7.8 No Third Party Rights; Successors and Assigns 10 Section 7.9 Counterparts 10 PAYING AGENT AGREEMENT PAYING AGENT AGREEMENT (this “Agreement”), dated as of December 15, 2017, between U.S. Bank National Association, a national banking association (the “Paying Agent”), and 2017 Mandatory Exchangeable Trust, a trust organized under the laws of the State of New York under and by virtue of an Amended and Restated Trust Agreement, dated as of December 8, 2017 (the “Trust Agreement”; such trust and the trustees thereof acting in their capacity as such being referred to in this Agreement as the “Trust”).
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Duties and Rights of Paying Agent 
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Related to Duties and Rights of Paying Agent

  • Powers Duties and Rights of Preferred Guarantee Trustee SECTION 3.1 Powers and Duties of the Preferred Guarantee Trustee

  • Duties of Paying Agents, etc (a) The Issuers shall cause each paying agent, if any, other than the Trustee, to execute and deliver to the Trustee an instrument in which such agent shall agree with the Trustee, subject to the provisions of this Section 4.04,

  • Powers Duties and Rights of Guarantee Trustee 8 SECTION 3.1 Powers and Duties of Guarantee Trustee................................................... 8 SECTION 3.2 Certain Rights of Guarantee Trustee...................................................... 10 SECTION 3.3 Not Responsible for Recitals or Issuance of Guarantee.................................... 12

  • Powers Duties and Rights of the Guarantee Trustee SECTION 2.1. Powers and Duties of the Guarantee Trustee............................................4 SECTION 2.2. Certain Rights of the Guarantee Trustee...............................................5 SECTION 2.3. Not Responsible for Recitals or Issuance of Guarantee.................................7 SECTION 2.4. Events of Default; Waiver.............................................................7 SECTION 2.5. Events of Default; Notice.............................................................8

  • Delegation of Duties and Rights Lender may perform any of its duties or exercise any of its Rights under the Loan Papers by or through its officers, directors, employees, attorneys, agents or other representatives.

  • Duties of Custodian WITH RESPECT TO THE BOOKS OF ACCOUNT AND CALCULATION OF NET ASSET VALUE AND NET INCOME The Custodian shall cooperate with and supply necessary information to the entity or entities appointed by the applicable Board to keep the books of account of each Portfolio and/or compute the net asset value per Share of the outstanding Shares or, if directed in writing to do so by the Fund on behalf of such Portfolio(s), shall itself keep such books of account and/or compute such net asset value per Share. If so directed, the Custodian shall also calculate daily the net income of each applicable Portfolio as described in the Prospectus and shall advise such Portfolio and the Transfer Agent daily of the total amounts of such net income and, if instructed in writing by an officer of the Fund on behalf of such Portfolio to do so, shall advise the Transfer Agent periodically of the division of such net income among its various components. Each Fund acknowledges and agrees that, with respect to investments maintained with the Underlying Transfer Agent, the Underlying Transfer Agent is the sole source of information on the number of shares of a fund held by it on behalf of a Portfolio and that the Custodian has the right to rely on holdings information furnished by the Underlying Transfer Agent to the Custodian in performing its duties under this Agreement, including, without limitation, the duties set forth in this Section 9 and in Section 10 hereof; provided, however, that the Custodian shall be obligated to reconcile information as to purchases and sales of Underlying Shares contained in trade instructions and confirmations received by the Custodian and to report promptly any discrepancies to the Underlying Transfer Agent. The calculations of the net asset value per Share and the daily income of each Portfolio shall be made at the time or times described from time to time in the Prospectus.

  • Duties and Responsibilities of Custodian A. Delivery of Assets ------------------ Fund will deliver or cause to be delivered to Custodian on the effective date of this Agreement, or as soon thereafter as practicable, and from time to time thereafter, all portfolio securities acquired by it and monies then owned by it (except as permitted by the Investment Company Act of 1940) or from time to time coming into its possession during the time this Agreement shall continue in effect. Custodian shall have no responsibility or liability whatsoever for or on account of securities or monies not so delivered. All securities so delivered to Custodian (other than bearer securities) shall be registered in the name of Fund or its nominee, or of a nominee of Custodian, or shall be properly endorsed and in form for transfer satisfactory to Custodian.

  • POWERS, DUTIES AND RIGHTS OF CAPITAL SECURITIES GUARANTEE TRUSTEE SECTION 3.1 Powers and Duties of the Capital Securities Guarantee Trustee

  • Certain Duties and Responsibilities of the Trustee In entering into this Supplemental Indenture, the Trustee shall be entitled to the benefit of every provision of the Indenture relating to the conduct or affecting the liability or affording protection to the Trustee, whether or not elsewhere herein so provided.

  • Certain Duties and Responsibilities of Trustee (a) The Trustee, prior to the occurrence of an Event of Default with respect to the Securities of a series and after the curing of all Events of Default with respect to the Securities of that series that may have occurred, shall undertake to perform with respect to the Securities of such series such duties and only such duties as are specifically set forth in this Indenture, and no implied covenants shall be read into this Indenture against the Trustee. In case an Event of Default with respect to the Securities of a series has occurred (that has not been cured or waived), the Trustee shall exercise with respect to Securities of that series such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his own affairs.

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