Common use of Duties of the Calculation Agent Clause in Contracts

Duties of the Calculation Agent. The Calculation Agent shall in respect of each series of Notes in relation to which it is appointed as such: (a) obtain such quotes and rates and/or make such determinations, calculations, adjustments, notifications and publications as may be required to be made by it by the terms and conditions of such Notes at the times and otherwise in accordance with the terms and conditions of such Notes; and (b) maintain a record of all quotations obtained by it and of all amounts, rates and other items determined or calculated by it and make such records available for inspection at all reasonable times by the Issuers, the Guarantor and the Agents.

Appears in 1 contract

Sources: Note Agency Agreement (Ecolab Inc.)

Duties of the Calculation Agent. 13.1 The Calculation Agent shall shall, amongst other things, in respect of each series Series of Notes in relation to which it is appointed as such: (a) obtain such quotes and rates and/or make such determinations, calculations, adjustments, notifications and publications as may be required to be made by it by the terms and conditions of such Notes Conditions at the times and as otherwise required in accordance with the terms and conditions of such NotesConditions; and (b) maintain a record of all quotations obtained by it and of all amounts, rates and other items determined or calculated by it and make such records record available for inspection at all reasonable times by the IssuersIssuer, the Guarantor Note Trustee and the AgentsRegistrar.

Appears in 1 contract

Sources: Agency Agreement