Australian Agent definition
Examples of Australian Agent in a sentence
The Australian Agent must notify the Issuer as soon as practicable on any Determination Date if it lacks sufficient information to make a calculation.
The Australian Agent may only upon receipt of the prior written consent of the Issuer appoint sub-agents, sub-custodians and/or depositories which are not Affiliates of the Australian Agent in respect of the Australian Agent’s rights, duties and/or obligations hereunder.
The Australian Covered Bonds are issued in registered form and are reflected by an entry in the Australian Register (as defined in the Terms and Conditions of the Australian Covered Bonds) maintained by the Australian Agent.
The Australian Agent will not be liable for any acts or omissions of any person it appoints subject to it having acted with all due care in selecting that person.
If so directed by the Issuer or the Guarantor LP (as the case may be) prior to such application, the Australian Agent must repay the relevant amount to the Issuer or the Guarantor LP (as the case may be).