Initial Wire definition

Initial Wire means the initial communication from the Manager to the Underwriters participating in an Account that forms the Account and sets forth the information described in Section II of the Master Agreement.
Initial Wire means the initial communication from the Manager to the Dealers participating in a Group that forms the Group and sets forth the information described in Section II of the Master Agreement.

Examples of Initial Wire in a sentence

  • If you have not received those items within a reasonable period after you receive the Initial Wire, you should contact us.

  • Your order for Official Statements should be made in accordance with the instructions in the Initial Wire or the final Pricing Wire.

  • We will notify you by the Communication Service that we have received your response to the Initial Wire.

  • The Initial Wire also may include other information that we feel will be useful to the Underwriters in connection with their participation in the Account.

  • You may respond verbally but you are encouraged to respond to the Initial Wire by using the Communication Service in the manner set forth in the Initial Wire.

  • Unless we specify otherwise in the Initial Wire or in a Pricing Wire, the Securities so confirmed to you will be delivered to your account, as soon as possible after the Closing Date, to a registered securities depository on behalf of the Underwriters as set forth in the Purchase Contract.

  • By participating as an Underwriter in the Account, you agree to be subject to all of the terms and conditions set forth in this Master Agreement and to any other terms and conditions included in the Initial Wire and the Pricing Wires.

  • By responding to the Initial Wire and by your participation as an Underwriter in an Account, you will be deemed to acknowledge that all of your representations under this Master Agreement continue to be accurate as of the date of your response to the Initial Wire and you further will agree to perform all of your obligations to the Account under this Master Agreement.

  • The amount of your Participation will not entitle you to the confirmation by us to you of any Securities and we will only accept orders in accordance with the priorities established by this Master Agreement or as modified in the Initial Wire or in a Pricing Wire.

  • The Initial Wire also may include other information that we feel will be useful to the Dealers in connection with their participation as members of the Group.