Premium Calculation Agent definition
Examples of Premium Calculation Agent in a sentence
Whether or not expressly provided herein or in the Base Indenture, every provision of this Third Supplemental Indenture relating to the conduct or affecting the liability of or affording protection to the Trustee, the Calculation Agent and the Premium Calculation Agent shall be subject to Article VII of the Base Indenture.
The Premium Calculation Agent shall be LaSalle Bank National Association or any other firm appointed by the Company or, if the Premium Calculation Agent so appointed is unwilling or unable to calculate the Make-Whole Redemption Amount or Special Event Make-Whole Redemption Amount, or, if required to do so, 6-Month LIBOR or 3-Month LIBOR, an investment banking institution of national standing appointed by the Company.
The Premium Calculation Agent shall obtain 6-Month LIBOR or 3-Month LIBOR, as applicable, from the Asset Swap Counterparty; provided, however, that if the Asset Swap Counterparty does not provide 6-Month LIBOR or 3-Month LIBOR, within a reasonable period of time, the Premium Calculation Agent shall make such determination.
Whether or not expressly provided herein or in the Base Indenture, every provision of this Eighth Supplemental Indenture relating to the conduct or affecting the liability of or affording protection to the Trustee, the Calculation Agent and the Premium Calculation Agent shall be subject to Article VII of the Base Indenture.
The Premium Calculation Agent shall at all times be an investment banking of national standing.