Common use of Funds held by Agents Clause in Contracts

Funds held by Agents. The Agents will hold all funds as banker subject to the terms of this Indenture and as a result, such money will not be held in accordance with the rules established by the Financial Conduct Authority in the Financial Conduct Authority’s Handbook of rules and guidance from time to time in relation to client money.

Appears in 24 contracts

Sources: Senior Secured Indenture (Ardagh Metal Packaging S.A.), Indenture (Intrum ZRT), Indenture (Intrum ZRT)

Funds held by Agents. The Agents will shall hold all funds as banker subject to the terms of this Indenture Indenture, and as a result, such money will (i) shall not be held in accordance with the rules established by the Financial Conduct Authority in the Financial Conduct Authority’s Handbook of rules and guidance from time to time in relation to client moneymoney and (ii) need not be segregated from other funds, except the extent required by law.

Appears in 2 contracts

Sources: Indenture (Danaos Corp), Indenture (Danaos Corp)

Funds held by Agents. The Agents will hold all funds received pursuant hereto as banker subject to the terms of this Indenture and as a result, such money will not be held in accordance with the rules established by the Financial Conduct Authority in the Financial Conduct Authority’s Handbook of rules and guidance from time to time in relation to client money.

Appears in 2 contracts

Sources: Indenture (InterXion Holding N.V.), Indenture (Kraton Corp)

Funds held by Agents. The Agents will hold all funds as banker agent subject to the terms of this Indenture and as a result, such money will not be held in accordance with the rules established by the Financial Conduct Authority in the Financial Conduct Authority’s Handbook of rules and guidance from time to time in relation to client money.

Appears in 1 contract

Sources: Indenture (Inspired Entertainment, Inc.)