Common use of Appointment of Calculation Agent Clause in Contracts

Appointment of Calculation Agent. The Issuer (at its sole cost and expense) may appoint from time to time one or more Calculation Agents for one or more of the Notes. The Issuer shall solicit written acceptance of the appointment from any entity so appointed as Calculation Agent. Such written acceptance shall be in a form satisfactory to the Issuing and Paying Agent and shall state that by the Calculation Agent’s acceptance of such appointment, it agrees to act as a Calculation Agent pursuant to the terms and conditions of this Agreement.

Appears in 2 contracts

Sources: Issuing and Paying Agency Agreement (Bank of America Corp /De/), Issuing and Paying Agency Agreement (Bank of America Corp /De/)

Appointment of Calculation Agent. The Issuer (at appoints the Calculation Agent as its sole cost and expense) may appoint from time to time one or more Calculation Agents agent for one or more the purpose of calculating the amount of interest in respect of the Notes. The Issuer shall solicit written acceptance of the appointment from any entity so appointed as Calculation Agent. Such written acceptance shall be in a form satisfactory to the Issuing and Paying Agent and shall state that by the Calculation Agent’s acceptance of such appointment, it agrees to act as a Calculation Agent pursuant to Floating Rate Notes upon the terms and subject to the conditions of this Agreement. The Calculation Agent accepts such appointment.

Appears in 1 contract

Sources: Global Dealer Agreement (Simon Property Group L P /De/)

Appointment of Calculation Agent. The Issuer (at its sole cost and expense) may appoint from time to time one or more Calculation Agents for one or more of the Notes. The Issuer shall solicit written acceptance of the appointment from any entity so appointed as Calculation Agent. Such written acceptance shall be in a form satisfactory to the Issuing and Paying Agent and shall state that by the Calculation Agent’s 's acceptance of such appointment, it agrees to act as a Calculation Agent pursuant to the terms and conditions of this Agreement.

Appears in 1 contract

Sources: Issuing and Paying Agency Agreement (Bank of America Corp /De/)

Appointment of Calculation Agent. The Issuer (at its sole -------------------------------- cost and expense) may appoint from time to time one or more Calculation Agents for one or more of the Notes. The Issuer shall solicit written acceptance of the appointment from any entity so appointed as Calculation Agent. Such written acceptance shall be in a form satisfactory to the Issuing and Paying Agent and shall state that by the Calculation Agent’s 's acceptance of such appointment, it agrees to act as a Calculation Agent pursuant to the terms and conditions of this Agreement.

Appears in 1 contract

Sources: Issuing and Paying Agency Agreement (Bank of America Corp /De/)