Right of Agent to Own Bonds Sample Clauses
The "Right of Agent to Own Bonds" clause establishes that the agent involved in a transaction is permitted to purchase, hold, or otherwise own the bonds being issued or managed under the agreement. In practice, this means the agent is not restricted from acquiring the same securities they are helping to issue or administer, either for their own account or on behalf of others. This clause clarifies potential conflicts of interest and ensures transparency, allowing all parties to understand and accept the agent's ability to participate as an investor, thereby preventing future disputes regarding the agent's ownership of the bonds.
Right of Agent to Own Bonds. The Registrar and each Paying Agent, and their officers, directors and employees, may become the holder of, or acquire any interest in, any Bonds, with the same rights that it or they would have if it were not the Registrar or a Paying Agent hereunder, or they were not such officers, directors or employees, and may engage or be interested in any financial or other transaction with EDC and may act on, or as depositary, trustee or agent for, any committee or body of holders of Bonds or other obligations of EDC as freely as if it were not the Registrar or a Paying Agent hereunder or they were not such officers, directors or employees.
Right of Agent to Own Bonds. The Registrar and each Paying Agent, and their officers, directors and employees, may become the holder of, or acquire any interest in, any Bonds, with the same rights that it or they would have if it were not the Registrar or a Paying Agent hereunder, or they were not such officers, directors or employees, and may engage or be interested in any financial or other transaction with Canada and may act on, or as depositary, trustee or agent for, any committee or body of holders of Bonds or other obligations of Canada as freely as if it were not the Registrar or a Paying Agent hereunder or they were not such officers, directors or employees.
Right of Agent to Own Bonds. The Registrar, each Paying Agent, and each Additional Transfer Agent, and their officers, directors and employees, may become the holder of, or acquire any interest in, any Bonds, with the same rights that it or they would have if it were not the Registrar or a Paying Agent or an Additional Transfer Agent hereunder, or they were not such officers, directors or employees, and may engage or be interested in any financial or other transaction with the Province and may act on, or as depositary, trustee or agent for, any committee or body of registered holders of Bonds or other obligations of the Province as freely as if it were not the Registrar or a Paying Agent or an Additional Transfer Agent hereunder or they were not such officers, directors or employees.
Right of Agent to Own Bonds. The Registrar and each Paying Agent, and their officers, directors and employees, may become the holder of, or acquire any interest in, any Bonds, with the same rights that it or they would have if it were not the Registrar or a Paying Agent hereunder, or they were not such officers, directors or employees, and may engage or be interested in any financial or other transaction with CMHC and may act on, or as depositary, trustee or agent for, any committee or body of holders of Bonds or other obligations of CMHC as freely as if it were not the Registrar or a Paying Agent hereunder or they were not such officers, directors or employees.