CMU Lodging and Paying Agent definition
Examples of CMU Lodging and Paying Agent in a sentence
The CMU Lodging and Paying Agent shall not be bound to make any payment until it has received in immediately available and cleared funds the full amount due to be paid to it pursuant to this Section 4.04.
At such time as all beneficial interests in a particular Global Security have been exchanged for Certificated Securities or a particular Certificated Security has been redeemed, repurchased or canceled in whole and not in part, each such Global Security will be returned to or retained and canceled by the CMU Lodging and Paying Agent in accordance with Section 3.09 hereof.
The CMU Lodging and Paying Agent shall not be bound to make any payment until it has received in immediately available and cleared funds the full amount due to be paid to it pursuant to this Section 5.03(b).
The Company shall enter into an appropriate agency agreement with any CMU Lodging and Paying Agent not a party to this Indenture.
The Company hereby initially appoints Citicorp International Limited as CMU Lodging and Paying Agent to receive all presentations, surrenders, notices and demands.