Managers definition
Examples of Managers in a sentence
The Bank is advised by the Lead Managers that the Underwriters propose to make a public offering of their respective portions of the Offered Securities as soon after this Agreement has been entered into as in the Lead Managers’ judgment is advisable.
By executing this Agreement, each of the Underwriters hereby agrees to be bound by the provisions of the International Capital Markets Association Agreement Among Managers Version 1/New York Law Schedule (the “AMM”), save that clause 3 of the AMM shall be deleted in its entirety and replaced with Section 8 of this Agreement and, in the event of any conflict between the provisions of the AMM and this Agreement, the terms of this Agreement shall prevail.
In any such case either the Lead Managers or the Bank shall have the right to postpone the Closing Date, but in no event for longer than seven days, in order that the required changes, if any, in the Registration Statement, in the Time of Sale Prospectus, in the Prospectus or in any other documents or arrangements may be effected.
Such firm shall be designated in writing by the Lead Managers, in the case of parties indemnified pursuant to Section 7(a) above, and by the Bank, in the case of parties indemnified pursuant to Section 7(b) above.
These provisions shall only apply if the Lead Managers on behalf of the Underwriters give the Bank notice, prior to pricing, that they intend to use term sheets in connection with the sale of the Offered Securities.