Examples of Market Agent Agreement in a sentence
The Market Agent, including any successor appointed pursuant hereto, shall be a member of the National Association of Securities Dealers, Inc., have capitalization of at least $25,000,000, and be authorized by law to perform all the duties imposed upon it by this Trust Agreement and the Market Agent Agreement.
The Market Agent shall serve as such under the terms and provisions hereof and of the Market Agent Agreement.
This Agreement shall constitute the "Market Agent Agreement" as defined in the Trust Agreement.
Written instructions by the Depositor to the Trustee directing the Trustee to enter into and perform any obligations under the Swap Agreement, if applicable, and/or the Market Agent Agreement, if applicable.
It shall be the sole responsibility of the Depositor to pay such fee and the Trust shall have no obligation to compensate LBI for the services it renders pursuant to the terms of this Market Agent Agreement, except that the Trust shall pay LBI a fee for any sale of the Underlying Securities in an amount that is customary for such a sale at the time of such sale.