Global Underwriters definition
Examples of Global Underwriters in a sentence
Upon delivery of the Securities and payment of the purchase price therefor as contemplated under the Global Underwriting Agreements, each of the Global Underwriters will receive good and valid title to the Securities purchased by it from the Securities Sub-trustee, free and clear of any security interest, mortgage, pledge, charge, claim, lien, equity or other encumbrance.
Subject only to the Trust, the Sub-trust and the Trust Arrangement Agreements, the Securities Sub-trustee has, and at the Closing Time will have, good and valid title to the Securities free and clear of all security interests, mortgages, pledges, charges, claims, liens (excluding statutory general liens over the assets of the BSPC that will automatically expire by the delivery of the Securities to the Global Underwriters), equities or other encumbrances.
Any payment to be made to the Company or to the Global Underwriters pursuant to this Section 5 shall be made in euro with respect to Global Shares delivered to purchasers in the form of bearer shares, and in United States dollars with respect to Global Shares delivered to purchasers in the form of New York Shares.
Payment for the Global Shares shall be made to the Company in immediately available funds in Amsterdam against delivery of such Global Shares (whether in the form of bearer shares or New York Shares) for the respective accounts of the several Global Underwriters by 10:00 a.m., Amsterdam time, on September 23, 2002, or at such other time on the same or such other date, not later than, September 30, 2002, as shall be designated in writing by you.
Neither the Borrower nor any predecessor to its business and assets has ever had any name, or conducted business under any name in any jurisdiction, other than the Borrower’s name set forth on the signature page hereto and (ii) the Borrower’s predecessor names, Capital Global Underwriters Limited, ACE Capital Re Limited, ACE Capital Re International Ltd.
The BSPC has taken all action required to be taken by it under the Trust Arrangement Agreements and under applicable law to enable the Securities Trustee to cause the Securities Sub-trustee to sell the Securities to the Global Underwriters under the Global Underwriting Agreements for the benefit of the BSPC, including confirming that such sales comply with the Guidelines.
In its sole discretion, the Company may pay, to some or all of the Global Underwriters, an additional performance-related commission in an aggregate amount of up to 0.50% of the aggregate gross proceeds of the offering of the Global Shares.
The Company is advised by you that the Global Underwriters propose to make the offering of their respective portions of the Global Shares, including a public offering within the United States, as soon after this Agreement has become effective as in your judgment is advisable.
Said option may be exercised only to cover over-allotments in the sale of the Global Underwritten Shares by the Global Underwriters.