Disposal Agent definition

Disposal Agent means Crédit Agricole Corporate and Investment Bank.

Disposal Agent means, in respect of a Series, the entity specified as such in the applicable Issue Terms or any Successor thereto or replacement Disposal Agent appointed by the Issuer at its Specified Office;

Disposal Agent means a recognised collateral or portfolio manager with experience in the management of assets of a similar nature to the Collateral Debt Obligations.

Examples of Disposal Agent in a sentence

• Subject to such requirement, the Disposal Agent shall be entitled to effect any Liquidation by way of one or multiple transactions on a single or multiple day(s).

• The Disposal Agent shall not be liable in respect of anything done or suffered by it in reliance on a document it reasonably believed to be genuine and to have been signed by the proper parties or on information to which it should properly have regard and which it reasonably believed to be genuine and to have been originated by the proper parties.

• Where the Notes of a Series or a Class thereof are to be redeemed as a result of a redemption being triggered prior to the Maturity Date, or where the Collateral has a stated maturity falling after the Maturity Date of the Notes, the Disposal Agent is generally required to sell or otherwise liquidate the Collateral.

• The Trustee shall be entitled to rely on any notice given by the Issuer, the Disposal Agent or any other person in respect thereof without further enquiry or investigation.

• Upon effective delivery of a valid Substitution Notice to the Disposal Agent, the Disposal Agent shall Liquidate the Substituted Original Collateral and the Issuer shall use such net proceeds of Liquidation to purchase the Replacement Collateral Obligations.

More Definitions of Disposal Agent

Disposal Agent means any agent appointed by the Security Trustee to realise and dispose of Collateral Assets in a Collateral Pool following the delivery of a Collateral Enforcement Notice and, if applicable, any sub-agent of, or any other entity appointed by the Disposal Agent.

Disposal Agent means The Royal Bank of Scotland plc and any successor or any replacement disposal agent appointed pursuant to Condition 10 (Agents).

Disposal Agent means any firm or individual engaged in business as a scrap metal processor or automobile wrecker.

Disposal Agent means Abbey National Treasury Services plc ("ANTS") or such other disposal agent as may substitute ANTS in accordance with the Agency Agreement or the provisions of the relevant Issue Document and/or Supplemental Trust Deed;

Disposal Agent means a disposer of Hazardous Materials.

Disposal Agent means the agent appointed pursuant to the Collateral Management Agreement for the purpose of liquidating the Portfolio.

Disposal Agent means the disposal agent or any successor or replacement appointed in respect of the Notes.