Examples of Approved Intermediary in a sentence
In the event that any option of such Issuer is exercised in respect of some but not all of the Instruments of any Series, the rights of accountholders with a clearing system or Approved Intermediary in respect of the Instruments will be governed by the standard procedures of Euroclear, Clearstream, Luxembourg or any other clearing system (as the case may be).
Borrower's place of business, or Borrower's Chief executive office, if Borrower has more than one place of business is located at 00 XXXXXXXXX XXXXXX, XXXXXXXX, XX 00000.
Subordinated Claims shall include without limitation all rights and claims of Borrower, any Guarantor, General Partner or any Approved Intermediary against an Investor under the Constituent Documents of such Person or under the Subscription Agreements.
Neither Borrower nor any other Loan Party or Approved Intermediary is engaged or will engage, principally or as one (1) of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U), or extending credit for the purpose of purchasing or carrying margin stock.
Each Loan Party and each Approved Intermediary (a) will promptly comply with any and all covenants and provisions of this Credit Agreement, the Notes, and all of the other Loan Documents executed by it, (b) will use the proceeds of any Capital Call only for such purposes as are permitted by its Constituent Documents, and (c) will at all times comply in all respects with its Constituent Documents, unless such failure to comply would not reasonably be expected to have a Material Adverse Effect.