RBCDS definition
Examples of RBCDS in a sentence
This Agreement shall terminate on the date that the Agent shall have notified the Company, RBCDS and RBC in writing that it is satisfied that, pursuant to applicable law, all cash payment obligations of the Borrower (present or future) under the Offer have been fulfilled or the Offer has been terminated as provided therein or as permitted by law without any cash payment obligations for the Borrower which remain unsatisfied by the Borrower.
The Underwriters acknowledge that the Company is not responsible, and the Underwriters are solely responsible, for any information not derived from the U.S. Prospectus or the Canadian Prospectus or otherwise furnished to RBCDS by the Company and contained in any “green sheets” and used by the Underwriters in connection with the offering of the Securities (the “Green Sheets Information”).
Notwithstanding anything to the contrary contained in this subsection 1(a)(i), the representations and warranties contained in this subsection 1(a)(i) do not apply to statements or omissions made in reliance upon and in conformity with information furnished in writing to the Company by any Underwriter through RBCDS expressly for use in the Registration Statement, the U.S. Prospectus, any Issuer Free Writing Prospectus, the Canadian Prospectus or any amendment or supplement thereto.
RBCDS, individually and not as representative of the Underwriters, may (but shall not be obligated to) make payment of the purchase price for the Initial Securities or the Option Securities, if any, to be purchased by any Underwriter whose funds have not been received by the Closing Time, or the relevant Date of Delivery, as the case may be, but such payment shall not relieve such Underwriter from its obligations hereunder.
This Agreement shall enure to the benefit of the Agent’s successors and assigns, and shall be binding upon the Company and its successors and assigns and RBCDS or RBC, as the case may be, and its successors and assigns.
It is understood that each Underwriter has authorized RBCDS, for its account, to accept delivery of, receipt for, and make payment of the purchase price for, the Initial Securities and the Option Securities, if any, which it has agreed to purchase.