Final Dealer definition
Examples of Final Dealer in a sentence
The Final Dealer shall be obligated to sell to the Collateral Agent, for Cash on the Roll Date, the aggregate principal amount of the U.S. treasury security specified in such offer.
If the Collateral Agent shall have received at least two firm offers, it shall select the lowest offer and the Reference Dealer providing the lowest offer shall be the “Final Dealer”; provided that if two or more Reference Dealers have provided identical lowest offers, the Collateral Agent shall select any of these Reference Dealers as the Final Dealer in its absolute discretion.
If the Calculation Agent has not received written election for the sale of at least $25,000,000 aggregate principal amount of the Notes to the Final Dealer or Final Dealers, the Calculation Agent shall select pro rata from all holders Notes in a principal amount that, when aggregated with the principal amount of Notes for which the Calculation Agent has received a written election to sell, will total $25,000,000, and shall immediately notify such holders of such selection.
The holders of such randomly selected Notes shall sell their Notes to, and purchase Designated Treasury Bonds from, the Final Dealer or Final Dealers in accordance with the terms set forth in paragraph (e) below.
If the Collateral Agent shall have received at least two firm offers, it shall select the lowest offer and the Reference Dealer providing the lowest offer shall be the “Final Dealer”; provided, however, that if two or more Reference Dealers have provided identical lowest offers, the Collateral Agent shall select any of these Reference Dealers as the Final Dealer in its absolute discretion.
Such Final Dealer(s) shall be obligated to make payment of the relevant percentage of the Final Dealer Purchase Price for the Remarketed Notes to the Depositary or its nominee, for credit to the account(s) of the Agent Member(s) by or through which beneficial interests in the Remarketed Notes are held, by the close of business on the applicable Interest Reset Date.
A holder shall indicate its election to sell its Note to, and purchase Designated Treasury Bonds from, the Final Dealer or Final Dealers (as defined below) in accordance with the terms set forth in paragraph (e) below by notifying the Calculation Agent of such election by no later than 9:15 a.m. (New York time) on October 9, 2007.
A holder shall indicate its election to sell its Note to, and purchase Designated Treasury Bonds from, the Final Dealer or Final Dealers (as defined below) in accordance with the terms set forth in paragraph (e) below by notifying the Calculation Agent of such election by no later than 9:15 a.m. (New York time) on October 9, 2008.
A holder shall indicate its election to sell its Note to, and purchase Designated Treasury Bonds from, the Final Dealer or Final Dealers (as defined below) in accordance with the terms set forth in paragraph (e) below by notifying the Calculation Agent of such election by no later than 9:15 a.m. (New York time) on October 10, 2006.
If the Collateral Agent shall have received at least two firm offers, it shall select the lowest offer and the Reference Dealer providing the lowest offer shall be the “Final Dealer”; provided that if two or more Reference Dealers have provided identical lowest offers, the Collateral Agent may select any of these Reference Dealers as the Final Dealer in its absolute discretion.