PGF definition
Examples of PGF in a sentence
PGF has the full corporate power and authority to file the Registration Statement and to enter into and perform its obligations under this Underwriting Agreement, the Indenture and the Notes (collectively, the “Transaction Documents”) and is duly qualified to do business as a foreign corporation under the laws of each jurisdiction which requires such qualification except where the failure to be so qualified will not have a Material Adverse Effect.
Notice of such cancellation shall be given to PGF in writing or by telephone or facsimile confirmed in writing.
Benefits received by the Companies shall be deemed to be equal to the total net proceeds from the offering (before deducting expenses) received by PGF, and benefits received by the Underwriters shall be deemed to be equal to the total amount of the Underwriters’ Selling Commission.
If the foregoing is in accordance with your understanding of our agreement, please sign and return to us the enclosed duplicate hereof, whereupon this Underwriting Agreement and your acceptance shall represent a binding agreement among PGF, Petrobras and the Underwriters.
The Companies hereby acknowledge that the Underwriters are acting solely as underwriters in connection with the purchase and sale of the PGF securities.
PGF has the full corporate power and authority to own or lease, as the case may be, and to operate its properties and conduct its business as described in the Registration Statement, the Disclosure Package and the Final Offering Document.
The Custodian shall have no responsibility or liability to AIG Series Trust or any Portfolio for complying with a Remedy Notice received from PGF and may rely upon such Remedy Notice as genuine, without further investigation or inquiry.
Such Cure Notice, which shall be considered Proper Instructions under this Agreement, shall specify: (a) the names of a Portfolio or Portfolios that are subject to an existing Remedy Notice and the date of such notice; (b) that such Portfolio or Portfolios are no longer under default and thus no longer subject to instructions by PGF to the Custodian on their behalf; and (c) that the Custodian may now accept instructions from AIG Series Trust or its investment adviser for such Portfolio or Portfolios.
Notwithstanding any other provisions contained herein, AIG Series Trust hereby agrees to notify PGF if it intends to amend the terms of this Section 7A.
Each Remedy Notice from PGF to the Custodian shall be deemed to constitute Proper Instructions as defined in Section 7 of this Agreement.