Common use of Termination of Agency Clause in Contracts

Termination of Agency. 1. Unless terminated earlier by the parties hereto, this Agreement shall terminate 90 days after the Expiration Date (the "Termination Date"). On the business day following the Termination Date, the Rights Agent shall deliver to the Company any Rights Offer entitlements, if any, held by the Rights Agent under this Agreement. The Rights Agent's right to be reimbursed for fees, charges and out-of-pocket expenses as provided in Article IX paragraph 1 above and the indemnification provisions of Article XI below shall survive the termination of this Agreement.

Appears in 2 contracts

Samples: Form of Rights Agency Agreement (Telesp Cellular Holding Co /Adr/), Rights Agency Agreement (Embratel Participacoes Sa)

AutoNDA by SimpleDocs

Termination of Agency. 1. Unless terminated earlier by the parties hereto, this Agreement shall terminate 90 thirty (30) days after the Expiration Closing Date (the "Termination Date"). On the next business day following the Termination Date, the Rights Agent shall deliver to the Company any Rights Offer entitlements, if any, held by the Rights Agent under this Agreement. The Rights Agent's ’s right to be reimbursed for fees, charges and out-of-pocket expenses as provided in paragraph 1 of Article IX paragraph 1 above hereof and the indemnification provisions of paragraph 2 of Article XI below hereof shall survive the termination of this Agreement.

Appears in 1 contract

Samples: Form of Rights Agency Agreement (Latin American Export Bank)

Termination of Agency. 1. Unless terminated earlier by the parties hereto, this Agreement shall terminate 90 ninety (90) days after the Expiration Closing Date (the "Termination Date"). On the business day following the Termination Date, the Rights Agent shall deliver to the Company any Rights Offer entitlements, if any, held by the Rights Agent under this Agreement. The Rights Agent's ’s right to be reimbursed for fees, charges and out-of-pocket expenses as provided in Article IX paragraph 1 above and the indemnification provisions of Article XI below XI, paragraph 2 above shall survive the termination of this Agreement.

Appears in 1 contract

Samples: Rights Agency Agreement (Coca Cola Femsa Sa De Cv)

AutoNDA by SimpleDocs

Termination of Agency. 1. Unless terminated earlier by the parties hereto, this Agreement shall terminate 90 days after the Expiration Date (the "Termination Date"). On the business day following the Termination Date, the Rights Agent shall deliver to the Company any Rights Offer entitlements, if any, held by the Rights Agent under this Agreement. The Rights Agent's ’s right to be reimbursed for fees, charges and out-of-pocket expenses as provided in Article IX paragraph 1 above and the indemnification provisions of Article XI below shall survive the termination of this Agreement.

Appears in 1 contract

Samples: Form of Rights Agency Agreement (Vitro Sa De Cv)

Time is Money Join Law Insider Premium to draft better contracts faster.