DM Agent definition
Examples of DM Agent in a sentence
In connection with any offering of Euro Medium-Term Notes, either of the International Agents (or, in the case of DM Notes, the DM Agent) may act as stabilizing agent (the "Stabilizing Agent"), and as Stabilizing Agent may over-allot or effect transactions which stabilize or maintain the market price of the Euro Medium-Term Notes at a level which might not otherwise prevail.
Upon receipt of instructions from the Company, the U.S. Agents, the International Agents or the DM Agent (or any or all of them), as the case may be, will forthwith suspend solicitation of offers to purchase Notes from the Company until such time as the Company has advised them that such solicitation may be resumed.
The Company reserves the right, in its sole discretion, to instruct the U.S. Agents, the International Agents and the DM Agent to suspend at any time, for any period of time or permanently, the solicitation of offers to purchase Notes.
The U.S. Agents, the International Agents, the DM Agent and the Company agree to perform the respective duties and obligations specifically provided to be performed by them in the U.S. or Euro Procedures, as the case may be.
On the basis of the representations and warranties, and subject to the terms and conditions set forth herein, each of the U.S. Agents, the International Agents and the DM Agent agrees, as agent of the Company, to use its reasonable best efforts to solicit offers to purchase Medium-Term Notes, Euro Medium-Term Notes and DM Notes, respectively, from the Company upon the terms and conditions set forth in the applicable Prospectus (and any supplement thereto) and in the U.S. or Euro Procedures, as applicable.