The Auction Agent definition

The Auction Agent shall follow the notification procedures set forth in paragraph (a) of the Settlement Procedures.
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The Auction Agent shall give notice of the Auction results as set forth in Section 2.4 hereof. The Auction Agent will follow the Bond Market Association's Market Practice U.S. Holiday Recommendations for shortened trading days for the bond markets (the "BMA Recommendation") unless the Auction Agent is instructed otherwise. In the event of a BMA Recommendation on an Auction Date, the Submission Deadline will be 11:30 a.m., instead of 1:00 p.m., and as a result the notice set forth in Section 2.4 will occur earlier.
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The Auction Agent s notice to the Borrower shall specify:
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Examples of The Auction Agent in a sentence

  • The Auction Agent shall have entered into a Broker-Dealer Agreement with each Broker-Dealer prior to the participation of any such Broker-Dealer in any Auction.

  • The Auction Agent shall not be liable for any error of judgment made in good faith unless the Auction Agent shall have been negligent in ascertaining (or failing to ascertain) the pertinent facts.

  • The Auction Agent shall give notice of any such change to each Broker-Dealer.

  • The Auction Agent shall conduct Auctions in accordance with the schedule set forth below.

  • The Auction Agent shall have no duty or liability with respect to enforcement of this Section 3.4(b).

  • The Auction Agent may record telephone communications with the Fund or with the Broker-Dealers or with both.

  • The Auction Agent shall not be liable for any error of judgment made in good faith unless the Auction Agent shall have been negligent in ascertaining the pertinent facts.

  • The Auction Agent shall give written notice of any such change to each Broker-Dealer.

  • The Auction Agent shall have no duty or liability with respect to enforcement of this Section 2.6.

  • On behalf of the Trust, the Servicer shall use its best efforts, consistent with its customary servicing procedures, to repossess or otherwise convert the ownership of the Financed Vehicle securing any Receivable as to which the Servicer shall have determined eventual payment in full is unlikely.


More Definitions of The Auction Agent

The Auction Agent. The Chase Man▇▇▇▇▇▇ ▇▇▇▇ Attention: Chris Consomer One Chase M▇▇▇▇▇▇▇▇ ▇▇▇▇▇, 8th Floor ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇: ▇▇▇-▇▇▇-▇▇▇▇ Facsimile: 2▇▇-▇▇▇-▇▇▇▇ The Canadian Administrat▇▇▇ ▇▇▇▇▇: ▇he Toronto-Dominion Bank Attention: Manager Agency Agency Administration Corporate and Investment Banking Group Toronto Dominion Center Toronto Dominion Tower 55 King Street West, 7th Floor ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇: ▇▇▇-▇▇▇-▇▇▇▇ Facsimile: 41▇-▇▇▇-▇▇▇▇ PROVIDED that any notice, request or ▇▇▇▇▇▇ ▇▇ ▇▇ upon the Administrative Agent, the Auction Agent or the Banks pursuant to subsections 2.1, 2.2, 2.5, 2.6, 2.9, 2.11 and 9.9 shall not be effective until received (including receipt by telephone if permitted hereby).
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Related to The Auction Agent

  • Auction Agent means (a) the Administrative Agent or (b) any other financial institution or advisor employed by the Borrower (whether or not an Affiliate of the Administrative Agent) to act as an arranger in connection with any Discounted Term Loan Prepayment pursuant to Section 2.11(a)(ii); provided that the Borrower shall not designate the Administrative Agent as the Auction Agent without the written consent of the Administrative Agent (it being understood that the Administrative Agent shall be under no obligation to agree to act as the Auction Agent).

  • Remarketing Agent has the meaning specified in Section 5.4(b)(i).

  • Solicitation Agent means Prime Clerk LLC, the notice, claims, and solicitation agent retained by the Debtors in the Chapter 11 Cases.

  • Verification Agent As defined in Section 3.28.

  • Auction Agent Agreement means the Initial Auction Agent Agreement unless and until a Substitute Auction Agent Agreement is entered into, after which "Auction Agent Agreement" shall mean such Substitute Auction Agent Agreement.