RBC DS definition
Examples of RBC DS in a sentence
RBC DS may prepare, in consultation with the Bank, any Marketing Materials reasonably required to be provided by the Dealers to any potential investor of Covered Bonds.
The Underwriters agree that any agreement, waiver, order, notice (other than a notice pursuant to Section 9), direction, receipt or other action to be made, given or taken by the Underwriters hereunder may be made or given by RBC DS on behalf of each of the Underwriters.
The Bank will pay the aggregate applicable commissions or fees and RBC DS will direct the applicable portion of the aggregate funds to be paid to the respective Dealers on the Closing Date.
Such firm shall be designated in writing by RBC DS in the case of parties indemnified pursuant to Section 8(a), and by the Company, in the case of parties indemnified pursuant to Section 8(b).
Notwithstanding section 9.1, the Bank and the Guarantor LP may, from time to time, deal directly with any Dealer other than RBC DS in connection with a distribution of the Covered Bonds (such as in the event that RBC DS is not participating in such distribution).
The Template Version of such Marketing Materials shall be subject to the approval in writing of the Bank and RBC DS as contemplated by Canadian Securities Laws prior to the time such Marketing Materials are provided to such potential investors.
RBC DS was at all material times a Dealer Member with its head office located in Toronto, Ontario.
The certificates evidencing the Offered Shares and Additional Shares, if any, shall be delivered to, or to the direction of, RBC DS on the Closing Date for the respective accounts of the Underwriters, with any transfer taxes payable in connection with the transfer of the Offered Shares and the Additional Shares, if any, to the Underwriters duly paid, against payment of the purchase price therefore.
RBC DS shall give prompt written notice, on behalf of the Underwriters, to the Company when, in the opinion of the Underwriters, they have ceased distribution to the public of the Offered Shares.
If the Bank and the Guarantor LP are in agreement with the foregoing terms and conditions, please so indicate by executing the two enclosed copies of this letter where indicated and delivering one of the copies to RBC DS on behalf of the Dealers.