APPOINTMENT OF AGENTS definition

APPOINTMENT OF AGENTS. REGISTRATION IN NOMINEE NAME. The Lender shall have the right to appoint one or more agents for the purpose of retaining physical possession of the certificates representing or evidencing the Pledged Collateral, which may be held (in the discretion of the Lender) in the name of the Pledgor, endorsed or assigned in blank or in favor of the Lender, or in the name of the Lender or any nominee or nominees of the Lender or any agent appointed by the Lender. In addition to all other rights possessed by the Lender, the Lender may, from time to time, at the Lender's sole discretion and without notice to the Pledgor, take any or all of the following actions: (a) transfer all or any part of the Pledged Collateral into the name of the Lender or its nominee, with or without disclosing that such Pledged Collateral is subject to the lien and security interest created hereby; (b) take control of any proceeds of any of the Pledged Collateral; and (c) exchange certificates or instruments representing or evidencing Pledged Collateral for certificates or instruments of smaller or larger denominations for any purpose consistent with its rights under this Pledge Agreement; provided that all powers of the Lender under this Section 6 shall be subject to the rights of the Pledgor under Section 9 hereof to the extent that the exercise of such powers represents a sale of an item of Pledged Collateral. Pledgor further acknowledges and agrees that as long as any portion of the principal balance of the Loan remains due and outstanding. Lender may take any and all action with respect to the Pledged Collateral as Lender, in its sole and absolute discretion, may deem to be advisable, including, without limitation, utilizing the Pledged Collateral as collateral for hedging transactions, transferring the Pledged Collateral within or among one or more Depository Accounts, creating and trading derivative instruments that are backed, in whole or in part, by the Pledged Collateral, and altering or revising the owner of record of the beneficial interest or any other interest in the Pledged Collateral. Lender is under no obligation to sequester the Pledged Collateral apart from any other assets of the Lender, and Lender may combine the Pledged Collateral, in whole or in part, with any other assets.
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Examples of APPOINTMENT OF AGENTS in a sentence

  • The ACAS Guide on Discipline and Grievance at Work which supports the ACAS Code on that topic says that an employer should “state precisely what the complaint is and outline the case briefly by going through the evidence that has been gathered.” Reviewing Mr Hallam’s conduct of the disciplinary meeting in light of that guidance, I find that he did not clearly set out the case against the claimant nor did he provide her with an opportunity to respond in a neutral way.

  • LICENSES TO CORPORATIONS AND LIMITED LIABILITY COMPA- NIES; APPOINTMENT OF AGENTS.

  • GOVERNING LAW 12 APPENDIX 1THE PROJECTAPPENDIX 2SCOPE OF SERVICESAPPENDIX 3TIME SCHEDULEAPPENDIX 4REMUNERATION AND PAYMENT STANDARD FORM AGREEMENT FOR THE APPOINTMENT OF AGENTS 1.

  • Growing evidence8 shows that intervening early can significantly reduce the need for acute services at a later stage.

  • Responsiveness and adherence to RFP instructions.2. Quality of the proposed solution.3. Stability and viability of the product and Offeror.4. Offeror’s experience on projects of similar scope5.

  • APPOINTMENT OF AGENTS :The successful tenderer must appoint local agents in Mumbai through whom the Authority can deal.

  • TO RECOMMEND APPOINTMENT OF AGENTS General Agent is authorized to recommend to NFP those persons associated with General Agent who are to be appointed as agents of Life Company and who are to be authorized to solicit for the sale of the Policies in accordance herewith.

  • APPOINTMENT OF AGENTS BY BOARD.The Board may authorize a person to act as agent for the Board inside or outside the country.

  • ASSIGNMENT AND PARTICIPATIONS; APPOINTMENT OF AGENTS..............................................

  • APPOINTMENT OF AGENTS AND COUNSEL The Administrator (or Committee) may appoint such actuaries, accountants, custodians, counsel, agents, consultants, and other persons the Administrator (or Committee) deems necessary to the administration and operation of the Plan.

Related to APPOINTMENT OF AGENTS

  • Appointment Date shall have the meaning specified in Section 9.02(a).

  • Appointment means the appointment of any Seller to act in a Corporate Trust Capacity under any of the Corporate Trust Contracts of the Business.

  • Managing general agent or "MGA" means any person who:

  • Letter of Appointment means the written communication by SAICA to the Contractor recording the acceptance by SAICA of Contractor’s bid subject to the further terms and conditions to be itemized in the contract;

  • Managing Agents as defined in the preamble hereto.

  • DIP Agents means the DIP ABL Agent and the DIP Term Loan Agent.

  • Initial appointment means appointment made otherwise than by promotion or transfer;

  • Agents means, collectively, the Administrative Agent, the Syndication Agent and the Documentation Agent.

  • Excluded Appointments means those Appointments designated from time to time as "Excluded Appointments" by agreement of the parties.

  • Co-Agents is defined in the preamble.

  • Restricted Appointment means (a) any Appointment for which the applicable Authorizations have not been obtained, and (b) any Appointment for which the maturity date of the applicable Corporate Trust Contract is on or before June 30, 2022.

  • Independent Trustees means the members of the Fund’s Board of Trustees who are not "interested persons" (as defined in the 0000 Xxx) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any agreement relating to this Plan.

  • Other Agents means, collectively, the Co-Syndication Agents and the Co-Documentation Agents.

  • Supplemental Administrative Agents shall have the corresponding meaning.

  • Head of Agency or “Secretary” shall mean the Secretary, the Under Secretary, and Assistant Secretary, or any other head or assistant head of the executive or military department or other Federal agency.

  • Syndication Agents as defined in the preamble hereto.

  • Collateral Agents means the Credit Agreement Collateral Agent, the Initial Additional First Lien Collateral Agent and each Additional Collateral Agent.

  • Serviced Appointment has the meaning set forth in Section 1.1.

  • Majority Purchaser Agents means a minimum of two Purchaser Agents which in their related Purchaser Group have Related Committed Purchasers whose Commitments aggregate more than 50% of the aggregate Commitment of all Related Committed Purchasers in all Purchaser Groups.

  • Issuer Trustees means, collectively, the Property Trustee and the Delaware Trustee.

  • Contractor Agents means Contractor's representatives, employees, officers, Subcontractors, as well as their employees, contractors, officers, and agents.