Holders to Comply with Tender Procedures Sample Clauses

Holders to Comply with Tender Procedures. In consideration of the Trustee’s entering into this Master Terms of Trust Agreement and the Trustor’s causing the Liquidity Bank to execute and deliver the Liquidity Facility, each Holder and Beneficial Owner of Floater Certificates agrees to comply with the requirements herein established for such Tender Option. The tender of Floater Certificates may be made only to the Tender Agent and only as herein provided. Any tender of Floater Certificates not made in substantial compliance with the terms of this Master Terms of Trust Agreement shall be invalid and shall be rejected; provided that, with the written consent of the Liquidity Bank, the Tender Agent may waive any defect, irregularity or informality in any notice of tender. The determination by the Tender Agent as to whether a tender of Floater Certificates is made in accordance with the terms of this Master Terms of Trust Agreement shall be binding upon the Holders and Beneficial Owners of Floater Certificates, the Trustor, the Trustee, the Liquidity Bank and the Remarketing Agent. If a tender of Floater Certificates to the Tender Agent is rejected pursuant to this Section 4.2, notice of such rejection shall be given by Electronic Means (but only to the extent that facsimile numbers or the equivalent thereof are provided to the Tender Agent) to such Holder and/or Beneficial Owner, and the Floater Certificates shall be transferred by DTC to the DTC Participant of such Beneficial Owner or, if the Certificates are not deposited with DTC, held for delivery to such Beneficial Owner at the principal office of the Tender Agent or sent by registered mail to such Beneficial Owner at its request, risk and expense.
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Related to Holders to Comply with Tender Procedures

  • Covenant to Comply with Applicable Laws Upon Repurchase of Notes In connection with any repurchase offer, the Company will, if required:

  • Amendment to Comply with Law The Parties acknowledge that state and federal laws and regulations relating to data security and privacy are rapidly evolving and that amendment of this Agreement may be required to provide procedures to ensure compliance with such developments.

  • Failure to Comply with the 1934 Act So long as the Buyer beneficially owns the Note, the Company shall comply with the reporting requirements of the 1934 Act; and the Company shall continue to be subject to the reporting requirements of the 1934 Act.

  • Transfer to Comply with the Securities Act This Warrant, and the Warrant Shares, have not been registered under the 1933 Act. This Warrant, the Warrant Shares and any other security issued or issuable upon exercise of this Warrant may only be sold, transferred, pledged or hypothecated (other than to an Affiliate) if (a) there exists an effective registration statement under the 1933 Act relating to such security or (b) the Company has received an opinion of counsel reasonably satisfactory to the Company that registration is not required under the 1933 Act. Until such time as registration has occurred under the 1933 Act, each certificate for this Warrant, the Warrant Shares and any other security issued or issuable upon exercise of this Warrant shall contain a legend, in form and substance satisfactory to counsel for the Company, setting forth the restrictions on transfer contained in this Section 7. Any such transfer shall be accompanied by a transferor assignment substantially in the form attached to this Warrant as Exhibit B (the “Transferor Assignment”), executed by the transferor and the transferee and submitted to the Company. Upon receipt of the duly executed Transferor Assignment, the Company shall register the transferee thereon as the new Holder on the books and records of the Company and such transferee shall be deemed a “registered holder” or “registered assign” for all purposes hereunder, and shall have all the rights of the Holder.

  • AML/KYC Procedures “AML/KYC Procedures” means the customer due diligence (CDD) procedures of a Reporting Financial Institution pursuant to the anti-money laundering or similar requirements of the jurisdiction concerned to which such Reporting Financial Institution is subject.

  • Transfer Procedures 1. The transfers referred to in Article 4, 5, 6 and 7 shall be effected without undue delay and, at all events, within six months after all fiscal obligations have been met and shall be made in a convertible currency. All the transfers shall be made at the prevailing exchange rate applicable on the date on which the investor applies for the related transfer, with the exception of the provisions under point 3 of Article 5 concerning the exchange rate applicable in case of nationalization or expropriation.

  • Comply with Laws It will comply in all material respects with all applicable laws and orders to which it may be subject if failure so to comply would materially impair its ability to perform its obligations under this Agreement or any Credit Support Document to which it is a party.

  • Conformity with Trust Indenture Act Every supplemental indenture executed pursuant to this Article shall conform to the requirements of the Trust Indenture Act as then in effect.

  • Consistency with Federal Laws and Regulations This Agreement shall incorporate by reference Section 22.9 of the CAISO Tariff as if the references to the CAISO Tariff were referring to this Agreement.

  • New Procedures New procedures as to who shall provide certain of these services in Section 1 may be established in writing from time to time by agreement between the Fund and the Transfer Agent. The Transfer Agent may at times perform only a portion of these services and the Fund or its agent may perform these services on the Fund's behalf;

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