Standing Agent definition
Examples of Standing Agent in a sentence
The Standing Agent or the Warrant Agent may resign in its duties and be discharged from all further duties as Agent or Warrant Agent in accordance with the terms of the Warrant Agency Agreement.
The Standing Agent, the Warrant Agent and the Company may, by supplemental agreement, make any changes or corrections in this Agreement that they shall deem appropriate to cure any ambiguity or to correct any defective or inconsistent provisions or manifest mistake or error herein contained.
In such event a successor Standing Agent or Warrant Agent, which will have the same duties as its predecessor and will agree to be bound by the terms of the Warrant Agency Agreement, will be appointed by the Company, or if the Company shall fail to appoint such successor Standing Agent or Warrant Agent, by a court of competent jurisdiction.
The Company hereby appoints the Standing Agent and the Warrant Agent to act as agents for the Company in accordance with the instructions set forth hereinafter in this Agreement, and the Standing Agent and Warrants Agent hereby accept such appointments, upon the terms and conditions hereinafter set forth.
The Company irrevocably authorizes the Standing Agent to make all such requests for shares and the transfer agent or transfer agents for the Common Stock of the Company to comply with all such requests.
The Warrants are issuable in bearer form and have the benefit of and are subject to the provisions for the exercise thereof contained in the Warrant Agency Agreement to be dated as of December 22, 1995 between the Company and Banca del Gottardo (the "Warrant Agent" or the "Standing Agent" as the case may be) which will be available for inspection at the office in Lugano of the Warrant Agent or its successor as Warrant Agent.
The Company, the Standing Agent and the Warrant Agent may deem and treat the Holder(s) of the Warrants as the absolute owner(s) thereof (notwithstanding any notation of ownership or other writing thereon made by anyone), for the purpose of any exercise thereof, any distribution to the Holder(s) thereof, and for all other purpose, and neither the Company, the Standing Agent nor the Warrant Agent shall be affected by any notice to the contrary.
This Agreement shall be binding upon and inure to the benefit of the Company, the Standing Agent, the Warrant Agent and their respective successor and assigns, and, to the extent that the provisions hereof are incorporated in the Warrants by the terms thereof, shall be binding upon and shall inure to the benefit of the Holders form time to time of the Warrants, and their respective successor and assigns.
The Warrants are issuable in bearer form and have the benefit of and are subject to the provisions for the exercise thereof contained in the Warrant Agency Agreement to be dated as of November 22, 1996 between the Company and Banca del Gottardo (the "Warrant Agent" or the "Standing Agent" as the case may be) which will be available for inspection at the office in Lugano of the Warrant Agent or its successor as Warrant Agent.
AND BANCA DEL GOTTARDO as Standing Agent WARRANT AGENCY AGREEMENT dated as of November 22, 1996 between INTELLICALL, INC., a Delaware corporation (the "Company"), and Banca del Gottardo of Lugano, Switzerland, as Warrant Agent (the "Warrant Agent") and as Standing Agent (the "Standing Agent").