Disposal Agent definition
Examples of Disposal Agent in a sentence
As a result, investors will be exposed to potential conflicts of interest and operational risks arising from the lack of independence associated with Societe Generale acting as Swap Counterparty to the Issuer, Compartment Assets Manager, Disposal Agent, Market Maker, Voting Agent and Calculation Agent.
Societe Generale will act as the Swap Counterparty, Compartment Assets Manager, Disposal Agent, Market Maker, Voting Agent and Calculation Agent.
The potential conflicts of interests and operational risks arising from such lack of independence are in part intended to be mitigated by the fact that different divisions within Societe Generale will be responsible for (i) providing the Swap and (iii) acting as Compartment Assets Manager, Disposal Agent, Market Maker, Voting Agent and Calculation Agent and that each division is run as a separate operational unit, segregated by Chinese walls (information barriers) and run by different management teams.
It is not excluded that potential conflicts of interest between the Issuer and Societe Generale could affect the Noteholders; • the Arranger, the Paying Agents, the Registrar, the Transfer Agent, Exchange Agent Compartment Assets Manager, Disposal Agent, Market Maker, Swap Counterparty, Voting Agent and Calculation Agent are all part of the Group.
In relation to any Series, the Calculation Agent and/or the Disposal Agent may resign its appointment at any time on 60 days’ notice to the Issuer and the Principal Paying Agent, which notice must expire at least 30 days before or after any relevant Payment Date.