Common use of Multiple Principals Clause in Contracts

Multiple Principals. (a) In the event that Agent proposes to act for more than one Principal hereunder, Agent and the other party shall elect whether (i) to treat Transactions under the Agreement as transactions entered into on behalf of separate Principals or (ii) to aggregate such Transactions as if they were transactions by a single Principal. Failure to make such an election in writing shall be deemed an election to treat Transactions under the Agreement as transactions on behalf of a single Principal.

Appears in 29 contracts

Samples: Repurchase Agreement (Novastar Financial Inc), Master Repurchase Agreement (New York Mortgage Trust Inc), Master Repurchase Agreement (Caliber Home Loans, Inc.)

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Multiple Principals. (a) In the event that Agent proposes to act for more than one Principal hereunder, Agent and the other party shall elect whether (i) to treat Transactions under the Agreement as transactions entered into on behalf of separate Principals or (ii) to aggregate such Transactions as if they were transactions by a single Principal. Failure to make such an election in writing shall be deemed an election to treat Transactions under the Agreement as transactions on behalf of a single Principalseparate Principals.

Appears in 29 contracts

Samples: Master Repurchase Agreement (WMC Finance Co), Repurchase Agreement (Aether Systems Inc), Forward Transaction Agreement

Multiple Principals. (a) In the event that Agent proposes to act for more than one Principal hereunder, Agent and the other party shall elect whether (i) to treat Transactions Loans under the Agreement as transactions entered into on behalf of separate Principals or (ii) to aggregate such Transactions Loans as if they were transactions by a single Principal. Failure to make such an election in writing shall be deemed an election to treat Transactions Loans under the Agreement as transactions on behalf of a single Principalseparate Principals.

Appears in 26 contracts

Samples: Securities Lending Agency Agreement (iSHARES INC), Securities Lending Agency Agreement (iSHARES TRUST), Master Securities Loan Agreement (Ralcorp Holdings Inc /Mo)

Multiple Principals. (a) In the event that Agent proposes to act for more than one Principal hereunder, Borrower and Agent and the other party shall elect whether (i) to treat Transactions Loans under the this Agreement as transactions entered into on behalf of separate Principals or (ii) to aggregate such Transactions Loans as if they were transactions by a single Principal. Failure to make such an election in writing shall be deemed an election to treat Transactions Loans under the this Agreement as transactions on behalf of a single Principalseparate Principals.

Appears in 13 contracts

Samples: www.sifma.org, www.ird.gov.hk, Management Agreement (American Aadvantage Funds)

Multiple Principals. (a) In the event that Agent proposes to act for more than one Principal hereunder, Agent and the other party shall elect whether (i) to treat Transactions under the Agreement as transactions trans- actions entered into on behalf of separate Principals or (ii) to aggregate such Transactions as if they were transactions by a single Principal. Failure to make such an election in writing shall be deemed an election to treat Transactions under the Agreement as transactions on behalf of a single Principalseparate Principals.

Appears in 3 contracts

Samples: Master Repurchase Agreement, www.sifma.org, www.ird.gov.hk

Multiple Principals. (a) In the event that Agent proposes to act for more than one Principal hereunder, Agent and the andthe other party shall elect whether (i) to treat Transactions Loans under the Agreement as transactions entered transactionsentered into on behalf of separate Principals or (ii) to aggregate such Transactions Loans as if they were transactions by a single Principal. Failure to make such an election in writing shall be shallbe deemed an election to treat Transactions Loans under the Agreement as transactions on behalf of a single Principalseparate Principals.

Appears in 3 contracts

Samples: Securities Lending Agent Agreement, www.sofi.hk, www.sofi.hk

Multiple Principals. (a) In the event that Agent proposes to act for more than one Principal hereunder, Agent and the other party shall elect whether (i1) to treat Transactions under the Agreement as transactions entered into on behalf of separate Principals or (ii) to aggregate such Transactions as if they were transactions by a single Principal. Failure to make such an election in writing shall be deemed an election to treat Transactions under the Agreement as transactions on behalf of a single Principalseparate Principals.

Appears in 3 contracts

Samples: Repurchase Agreement (Aether Systems Inc), Repurchase Agreement (Aether Systems Inc), Repurchase Agreement (Aether Systems Inc)

Multiple Principals. (a) a. In the event that Agent proposes to act for more than one Principal hereunder, Agent and the other party shall elect whether (i) to treat Transactions under the Agreement as transactions entered into on behalf of separate Principals or (ii) to aggregate such Transactions as if they were transactions by a single Principal. Failure to make such an election in writing shall be deemed an election to treat Transactions under the Agreement as transactions on behalf of a single Principalseparate Principals.

Appears in 1 contract

Samples: Master Repurchase Agreement (Arbor Realty Trust Inc)

Multiple Principals. (a1) In the event that Agent proposes to act for more than one Principal hereunder, Agent and the other party Seller shall elect whether (i) to treat Transactions under the Agreement as transactions entered into on behalf of separate Principals or (ii) to aggregate such Transactions as if they were transactions by a single Principal. Failure to make such an election in writing shall be deemed an election to treat Transactions under the this Agreement as transactions on behalf of a single Principalseparate Principals.

Appears in 1 contract

Samples: Master Repurchase Agreement (Aames Financial Corp/De)

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Multiple Principals. (a) In the event that Agent proposes to act for more than one Principal hereunder, Agent and the other party shall elect whether (iI) to treat Transactions under the Agreement as transactions entered into on behalf of separate Principals or (ii) to aggregate such Transactions as if they were transactions by a single Principal. Failure to make such an election in writing shall be deemed an election to treat Transactions under the Agreement as transactions on behalf of a single Principalseparate Principals.

Appears in 1 contract

Samples: LNR Property Corp

Multiple Principals. (a) In the event that Agent proposes to act for more than one Principal hereunder, Agent and the other party shall elect whether (i) to treat Transactions under the Agreement as transactions entered into on behalf of separate Principals or (ii) to aggregate such Transactions as if they were transactions by a single Principal. Failure to make such an election in writing shall be deemed an election to treat Transactions under the Agreement as transactions on behalf of a single Principal.separate Principals,

Appears in 1 contract

Samples: Market Association (FBR Asset Investment Corp Md)

Multiple Principals. (a) In the event that Administrative Agent proposes to act for more than one Principal hereunder, Administrative Agent and the other party shall elect whether (i) to treat Transactions under the Agreement as transactions entered into on behalf of separate Principals or (ii) to aggregate such Transactions as if they were transactions by a single Principal. Failure to make such an election in writing shall be deemed an election to treat Transactions under the Agreement as transactions on behalf of a single Principalseparate Principals.

Appears in 1 contract

Samples: Master Repurchase Agreement (Fieldstone Investment Corp)

Multiple Principals. (a) In the event that Agent proposes to act for more than one Principal hereunder, Agent and the other party shall elect whether (i) to treat Transactions under the Agreement as transactions trans­ actions entered into on behalf of separate Principals or (ii) to t o aggregate such Transactions as if they were transactions by a single Principal. Failure to make such an election in writing shall be deemed an election to treat Transactions under the Agreement as transactions on behalf of a single Principalseparate Principals.

Appears in 1 contract

Samples: www.ird.gov.hk

Multiple Principals. (a) In the event that Agent proposes to act for more than one Principal hereunder, Agent and the other party shall elect whether (i) to treat Transactions Options under the Agreement as transactions entered into on behalf of separate Principals or (ii) to aggregate such Transactions Options as if they were transactions by a single Principal. Failure to make such an election in writing shall be deemed an election to treat Transactions Options under the Agreement as transactions on behalf of a single Principalseparate Principals.

Appears in 1 contract

Samples: www.sifma.org

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