DBAG definition

DBAG means Deutsche Bank AG New York Branch, in its individual capacity, and any successor corporation thereto by merger, consolidation or otherwise.

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DBAG. Not Applicable for so long as no Credit Support Document is delivered under paragraph 12 below, otherwise, to the party that is the primary obligor under the Credit Support Document. The Counterparty: Not Applicable

DBAG means Deutsche Bank AG New York Branch, in its individual capacity.

Examples of DBAG in a sentence

• When the Depositary seeks to execute an FX transaction to accomplish such conversion, customers should be aware that DBAG is a global dealer in FX for a full range of FX products and, as a result, the rate obtained in connection with any requested foreign currency conversion may be impacted by DBAG executing FX transactions for its own account or with another customer.

• Moreover, in executing FX transactions, DBAG will be acting in a principal capacity, and not as agent, fiduciary or broker, and may hold positions for its own account that are the same, similar, different or opposite to the positions of its customers, including the Depositary.

• In addition, in order to source liquidity for any FX transaction relating to any foreign currency conversion, DBAG may internally share economic terms relating to the relevant FX transaction with persons acting in a sales or trading capacity for DBAG or one of its agents.

• Persons are advised that in converting foreign currency into U.S. dollars the Depositary may utilize Deutsche Bank AG or its affiliates (collectively, “DBAG”) to effect such conversion by seeking to enter into a foreign exchange (“FX”) transaction with DBAG.

• DBAG may charge fees and/or commissions to the Depositary or add a ▇▇▇▇-up in connection with such conversions, which are reflected in the rate at which the foreign currency will be converted into U.S. dollars.

More Definitions of DBAG

DBAG shall have the meaning set forth in the recitals hereto.

DBAG is defined in the initial paragraph of this Agreement.

DBAG means Deutsche Bank AG, a company organised under the laws of Germany with its registered office at Taunusanlage 12, D-60325 Frankfurt am Main, Germany.

DBAG has the meaning assigned to such term in the Preamble to this Agreement.

DBAG means Deutsche Bank AG, New York Branch, a branch of Deutsche Bank AG, a German Bank, and its successors in interest.

DBAG shall have the meaning provided in the first paragraph hereof.

DBAG means Deutsche Bank AG, New York Branch and its successors in interest.