Domiciliation Agent definition
Examples of Domiciliation Agent in a sentence
The appointment of the Domiciliation Agent may be terminated, inter alia, at any time without stating any reason by the Issuer or the Domiciliation Agent giving the other parties to the agreement a thirty (30) days prior written notice by means of a registered letter.
The address of the Domiciliation Agent serves as the registered office of the Issuer which is located at ▇, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, L- 2453 Luxembourg.
Intertrust Management B.V. belongs to the same group of companies as Intertrust (Luxembourg) S.à ▇.▇., which is the Domiciliation Agent and the Issuer Administrator and Amsterdamsch Trustee's Kantoor B.V., which is the Security Trustee Director.
In addition, in case the Domiciliation Agent violates its legal, regulatory or contractual obligations, the Issuer and the Shareholder are each entitled to terminate the Management and Administration Agreement with immediate effect.
Amsterdamsch Trustee's Kantoor B.V. belongs to the same group of companies as Intertrust (Luxembourg) S.à ▇.▇., which is the Domiciliation Agent and the Issuer Administrator and Intertrust Management B.V., which is the Shareholder Director.
Furthermore, the Domiciliation Agent is entitled to terminate the Management and Administration Agreement with immediate effect if and when the Domiciliation Agent, in its own discretion, cannot reasonably be expected to continue to act as domiciliation agent or to act as a director of the Issuer further to, but not limited to, the occurrence of certain events in respect of the Issuer, such as its bankruptcy, dissolution or compliance under the Management and Administration Agreement.
Pursuant to the terms of the Management and Administration Agreement, the Domiciliation Agent performs in Luxembourg certain corporate secretarial, management and other administrative services.
Therefore, as each of the Directors, the Issuer Administrator, the Domiciliation Agent and the Service Provider have obligations towards the Issuer and towards each other and such parties are also creditor (each as a Secured Creditor) of the Issuer, and the Security Trustee acts as a trustee to the Noteholders and the other Secured Creditors and is as such obliged to take into consideration the interests of the Noteholders and the other Secured Creditors, a conflict of interest may arise.
Furthermore, the Domiciliation Agent is entitled to terminate the Domiciliation Agreement with immediate effect if and when the Domiciliation Agent, in its own discretion, cannot reasonably be expected to continue to act as domiciliation agent or to act as a director of the Issuer further to, but not limited to, the occurrence of certain events in respect of the Issuer, such as its bankruptcy, dissolution or compliance under the Domiciliation Agreement.
The address of the Domiciliation Agent serves as the registered office of the Issuer which is located at ▇, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, L-2453 Luxembourg.