Absolute owner. (a) The Trustee, the Trust Manager, the Security Trustee, the Note Trustee and any Paying Agent may treat the registered holder of any Class A Note as the absolute owner of that Note (whether or not that Note is overdue and despite any notation or notice to the contrary or writing on it or any notice of trust or other interest in it) for the purpose of making payment and for all purposes and none of the Trustee, the Trust Manager, the Security Trustee, the Note Trustee or any Paying Agent is affected by any notice to the contrary. (b) So long as the Class A Notes, or any of them, are represented by a Global Note, the Trustee, the Trust Manager, the Security Trustee, the Note Trustee and any Paying Agent may treat the person for the time being shown in the records of the relevant Clearing Agency as the holder of any Class A Notes as the absolute owner of those Class A Notes and the Trustee, the Trust Manager, the Security Trustee, the Note Trustee and the Paying Agents are not affected by any notice to the contrary, but without prejudice to the entitlement of the registered holder of a Global Note to be paid principal and interest on the Global Note in accordance with its terms. Without limitation, notices to the Class A Noteholders may be given by delivery of the relevant notice to the relevant Clearing Agency as the holder of the Class A Notes for communication by them to entitled account holders. (c) Provided the Trustee, the Note Trustee or the Security Trustee (as the case may be) (or a Paying Agent on behalf of the Trustee, the Note Trustee, or the Security Trustee (as the case may be)) pays the registered holder of the Global Notes for the Class A Notes in accordance with the Transaction Documents, each Note Owner shall have no claim directly against the Trustee, the Note Trustee or the Security Trustee (as the case may be) in respect of payment due on any Class A Notes for so long as those Class A Notes are represented by a Global Note. (d) Without limiting the preceding paragraphs of this clause 20.1, all payments made to a Note Owner in respect of a Class A Note under this clause (or, in the case of a Global Note, to or to the order of the registered holder of that Global Note) shall be valid and, to the extent of the sums so paid, effective to satisfy and discharge the liability for the moneys payable upon those Class A Notes.
Appears in 1 contract
Sources: Note Trust Deed (Interstar Securitisation Management Pty LTD)
Absolute owner. (a) The Trustee, the Trust Manager, the Security Trustee, the Note Trustee and any Paying Agent may treat the registered holder of any Class A US$ Note as the absolute owner of that Note (whether or not that Note is overdue and despite any notation or notice to the contrary or -------------------------------------------------------------------------------- Page 31 Note Trust ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ -------------------------------------------------------------------------------- writing on it or any notice of trust or other interest in it) for the purpose of making payment and for all purposes and none of the Trustee, the Trust Manager, the Security Trustee, the Note Trustee or any Paying Agent is affected by any notice to the contrary.
(b) So long as the Class A US$ Notes, or any of them, are represented by a Global Note, the Trustee, the Trust Manager, the Security Trustee, the Note Trustee and any Paying Agent may treat the person for the time being shown in the records of the relevant Clearing Agency as the holder of any Class A US$ Notes as the absolute owner of those Class A US$ Notes and the Trustee, the Trust Manager, the Security Trustee, the Note Trustee and the Paying Agents are not affected by any notice to the contrary, but without prejudice to the entitlement of the registered holder of a Class A Global Note, Class AB Global Note or a Class B Global Note to be paid principal and interest on the relevant Global Note in accordance with its terms. Without limitation, notices to the Class A US$ Noteholders may be given by delivery of the relevant notice to the relevant Clearing Agency as the holder of the Class A US$ Notes for communication by them to entitled account holders.
(c) Provided the Trustee, the Note Trustee or the Security Trustee (as the case may be) (or a Paying Agent on behalf of the Trustee, the Note Trustee, or the Security Trustee (as the case may be)) pays the registered holder of the Global Notes for the Class A US$ Notes in accordance with the Transaction Documents, each Note Owner shall have no claim directly against the Trustee, the Note Trustee or the Security Trustee (as the case may be) in respect of payment due on any Class A US$ Notes for so long as those Class A US$ Notes are represented by a Global Note.
(d) Without limiting the preceding paragraphs of this clause 20.1, all payments made to a Note Owner in respect of a Class A US$ Note under this clause (or, in the case of a Class A Global Note, Class AB Global Note or a Class B Global Note, to or to the order of the registered holder of that Global Note) shall be valid and, to the extent of the sums so paid, effective to satisfy and discharge the liability for the moneys payable upon those Class A US$ Notes.
Appears in 1 contract
Sources: Note Trust Deed (Interstar Securitisation Management Pty LTD)
Absolute owner. (a) The Trustee, the Trust Manager, the Security Trustee, the Note Trustee and any Paying Agent may treat the registered holder holders of any Class A Definitive Note as the absolute owner of that Definitive Note (whether or not that Definitive Note is overdue and despite any notation or notice to the contrary of ownership or writing on it or any notice of previous loss or theft of it or trust or other interest in it) for the purpose of making payment and for all purposes and none of the Trustee, the Trust Manager, the Security Trustee, the Note Trustee or any the Paying Agent Agents is affected by any notice to the contrary.
(b) So long as the Class A US$ Notes, or any of them, are represented by a Global Book-Entry Note, the Trustee, the Trust Manager, the Security Trustee, the Note Trustee and any Paying Agent may treat the person for the time being shown in the records of the relevant Clearing Agency as the holder of any Class A Notes US$ Note as the absolute owner of those Class A Notes that US$ Note and the Trustee, the Trust Manager, the Security Trustee, the Note Trustee and the Paying Agents are not affected by any notice to the contrary, but without prejudice to the entitlement of the registered holder of a Global the Book-Entry Note to be paid principal and interest on the Global Book-Entry Note in accordance with its terms. Without limitation, notices to the Class A Noteholders may be given by delivery of the relevant notice to the relevant Clearing Agency as the holder of the Class A Notes for communication by them to entitled account holders.
(c) Provided the Trustee, the Note Trustee or the Security Trustee (as the case may be) (or a Paying Agent on behalf of the Trustee, the Note Trustee, or the Security Trustee (as the case may be)) pays the registered holder of the Global Notes for the Class A Notes in accordance with the Transaction Documents, each Note Owner Such person shall have no claim directly against the Trustee, the Note Trustee or the Security Trustee (as the case may be) in respect of payment due on any Class A the US$ Notes for so long as those Class A the US$ Notes are represented by a Global NoteBook-Entry Note and the relevant obligations of the Trustee will be discharged by payment to the registered holder of the Book-Entry Note in respect of each amount so paid.
(c) Any payments by the Trustee to the registered holder of a Book Entry Note or to an owner of a US$ Note under this clause will be a good discharge to the Trustee.
(d) Without limiting the preceding paragraphs of this clause 20.1, all All payments made to a Note Owner in respect the owner of a Class A US$ Note under this clause (or, in the case of a Global Book-Entry Note, to or to the order of the registered holder of that Global Book-Entry Note) shall be valid and, to the extent of the sums so paid, effective to satisfy and discharge the liability for the moneys payable upon those Class A US$ Notes.
(e) Any instalment of interest or principal, payable on any US$ Note which is punctually paid or duly provided for by the Trustee to the Paying Agent on the applicable Payment Date or Maturity Date shall be paid to the person in whose name such US$ Note is registered on the Record Date, by cheque mailed first-class, postage prepaid, to such person's address as it appears on the Note Register on such Record Date, except that, unless Definitive Notes have been issued pursuant to clause 3.3, with respect to US$ Notes registered on the Record Date in the name of the nominee of the Clearing Agency (initially, such nominee to be Cede & Co.), payment will be made by wire transfer in immediately available funds to the account designated by such nominee and except for the final instalment of principal payable with respect to such US$ Note on a Payment Date or -------------------------------------------------------------------------------- PAGE 37 NOTE TRUST DEED ▇▇▇▇▇ ▇▇▇▇▇ & ▇▇▇▇▇▇▇ -------------------------------------------------------------------------------- Maturity Date (and except for the redemption for any US$ Note called for redemption pursuant to Condition 5 which shall be payable as provided below.
(f) The principal of each US$ Note shall be payable on each Payment Date and the Maturity Date as set forth in the Conditions. The Principal Paying Agent shall notify the person in whose name a US$ Note is registered at the close of business on the Record Date preceding the Payment Date on which the Trustee expects that the final instalment of principal of and interest on such US$ Note will be paid. Such notice shall be mailed or transmitted by facsimile prior to such final Maturity Date and shall specify that such final instalment will be payable only upon presentation and surrender of such US$ Note and shall specify the place where such US$ Note may be presented and surrendered for payment of such instalment. Notices in connection with redemptions of US$ Notes shall be mailed to US$ Noteholders as provided in clause 31.4.
Appears in 1 contract
Absolute owner. (a) The Trustee, the Trust Manager, the Security Trustee, the Note Trustee and any Paying Agent may treat the registered holder holders or bearer of any Class A Definitive Note as the absolute owner of that Definitive Note (whether or not that Definitive Note is overdue and despite any notation or notice to the contrary of ownership or writing on it or any notice of previous loss or theft of it or trust or other interest in it) for the purpose of making payment and for all purposes and none of the Trustee, the Trust Manager, the Security Trustee, the Note Trustee or any the Paying Agent Agents is affected by any notice to the contrary.
(b) So long as the Class A Offshore Notes, or any of them, are represented by a Global Book-Entry Note, the Trustee, the Trust Manager, the Security Trustee, the Note Trustee and any Paying Agent may treat the person for the time being shown in the records of the relevant Clearing -------------------------------------------------------------------------------- Page 31 -------------------------------------------------------------------------------- Agency as the holder of any Class A Notes Offshore Note as the absolute owner of those Class A Notes that Offshore Note and the Trustee, the Trust Manager, the Security Trustee, the Note Trustee and the Paying Agents are not affected by any notice to the contrary, but without prejudice to the entitlement of the registered holder of a Global the Book-Entry Note to be paid principal and interest on the Global Book-Entry Note in accordance with its terms. Without limitation, notices to the Class A Noteholders may be given by delivery of the relevant notice to the relevant Clearing Agency as the holder of the Class A Notes for communication by them to entitled account holders.
(c) Provided the Trustee, the Note Trustee or the Security Trustee (as the case may be) (or a Paying Agent on behalf of the Trustee, the Note Trustee, or the Security Trustee (as the case may be)) pays the registered holder of the Global Notes for the Class A Notes in accordance with the Transaction Documents, each Note Owner Such person shall have no claim directly against the Trustee, the Note Trustee or the Security Trustee (as the case may be) in respect of payment due on any Class A the Offshore Notes for so long as those Class A the Offshore Notes are represented by a Global NoteBook-Entry Note and the relevant obligations of the Trustee will be discharged by payment to the registered holder of the Book-Entry Note in respect of each amount so paid.
(dc) Without limiting the preceding paragraphs of this clause 20.1, all All payments made to a Note Owner in respect the owner of a Class A an Offshore Note under this clause (or, in the case of a Global Book-Entry Note, to or to the order of the registered holder of that Global Book-Entry Note) shall be valid and, to the extent of the sums so paid, effective to satisfy and discharge the liability for the moneys payable upon those Class A Offshore Notes.
(d) Any instalment of interest or principal, payable on any Offshore Note which is punctually paid or duly provided for by the Trustee to the Paying Agent on the applicable Payment Date or Maturity Date shall be paid to the person in whose name such Offshore Note is registered on the Record Date, by cheque mailed first-class, postage prepaid, to such person's address as it appears on the Note Register on such Record Date, except that, unless Definitive Notes have been issued pursuant to clause 3.3, with respect to Offshore Notes registered on the Record Date in the name of the nominee of the Clearing Agency (initially, such nominee to be Cede & Co.), payment will be made by wire transfer in immediately available funds to the account designated by such nominee and except for the final instalment of principal payable with respect to such Offshore Note on a Payment Date or Maturity Date (and except for the redemption for any Offshore Note called for redemption pursuant to Condition 5 which shall be payable as provided below.
(e) The principal of each Note shall be payable on each Payment Date and the Maturity Date as set forth in the Conditions. The Note Trustee shall notify the person in whose name an Offshore Note is registered at the close of business on the Record Date preceding the Payment Date on which the Trustee expects that the final instalment of principal of and interest on such Offshore Note will be paid. Such notice shall be mailed or transmitted by facsimile prior to such Final Maturity Date and shall specify that such final instalment will be payable only upon presentation and surrender of such Offshore Note and shall specify the place where such Offshore Note may be presented and surrendered for payment of such instalment. Notices in connection with redemptions of Offshore Notes shall be mailed to Noteholders as provided in clause 31.4.
Appears in 1 contract
Sources: Note Trust Deed (Westpac Securitisation Management Pty LTD)
Absolute owner. (a) The Trustee, the Trust Manager, the Security Trustee, the Note Trustee and any Paying Agent may treat the registered holder holders of any Class A Definitive Note as the absolute owner of that Definitive Note (whether or not that Definitive Note is overdue and despite any notation or notice to the contrary or writing on it or any notice of previous loss or theft of it or trust or other interest in it) for the purpose of making payment and for all purposes and none of the Trustee, the Trust Manager, the Security Trustee, the Note Trustee or any the Paying Agent Agents is affected by any notice to the contrary.
(b) So long as the Class A Offshore Notes, or any of them, are represented by a Global Book-Entry Note, the Trustee, the Trust Manager, the Security Trustee, the Note Trustee and any Paying Agent may treat the person for the time being shown in the records of the relevant Clearing Agency as the holder of any Class A Notes Offshore Note as the absolute owner of those Class A Notes that Offshore Note and the Trustee, the Trust Manager, the Security Trustee, the Note Trustee and the Paying Agents are not affected by any notice to the contrary, but without prejudice to the entitlement of the registered holder of a Global the Book-Entry Note to be paid principal and interest on the Global Book-Entry Note in accordance with its terms. Without limitation, notices to the Class A Offshore Noteholders may be given by by:
(i) in the case of the Class A-1 Noteholders, delivery of the relevant notice to the relevant Clearing Agency for the Class A-1 Notes as the holder of the relevant Note Trust Deed [▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ LOGO] -------------------------------------------------------------------------------- Class A A-1 Notes for communication by them to entitled account holdersholders in substitution for publication as required by the relevant Conditions;
(ii) in the case of the Class A-2 Noteholders, delivery of the relevant notice to Euroclear or Clearstream, Luxembourg for communication by them to entitled account holders in substitution for publication as required by the relevant Conditions; or
(iii) in the case of the Class A-2 Noteholders, for so long as Class A-2 Notes are listed on the Irish Stock Exchange and the Irish Stock Exchange so requires, delivery of the relevant notice to the Company Announcements Office of the Irish Stock Exchange.
(c) Provided the Trustee, the Note Trustee or the Security Trustee (as the case may be) (or a Paying Agent on behalf of the Trustee, the Note Trustee, or the Security Trustee (as the case may be)) pays the registered holder of the Global Notes for the Class A Notes relevant Noteholder in accordance with the Transaction Documents, each Note Owner such Noteholder shall have no claim directly against the Trustee, the Note Trustee or the Security Trustee (as the case may be) Principal Paying Agent in respect of payment due on any Class A the Offshore Notes for so long as those Class A the Offshore Notes are represented by a Global NoteBook Entry Note and the relevant obligations of the Trustee will be discharged by payment to the registered holder of the Book Entry Note in respect of each amount so paid.
(d) Without limiting the preceding paragraphs of this clause 20.1, all All payments made to a Note Owner in respect any person treated as the owner of a Class A an Offshore Note under this clause (or, in the case of a Global Book-Entry Note, to or to the order of the registered holder of that Global Book-Entry Note) shall be valid and, to the extent of the sums so paid, effective to satisfy and discharge the liability for the moneys payable upon those Class A Notesthat Offshore Note.
(e) Any instalment of interest or principal, payable on any Offshore Note which is punctually paid or duly provided for by the Trustee to the Paying Agent on the applicable Payment Date or Maturity Date shall be paid to the person in whose name such Offshore Note is registered on the Record Date, by cheque mailed first-class, postage prepaid, to such person's address as it appears on the Note Register on such Record Date, except that, unless Definitive Notes have been issued pursuant to clause 3.3 or clause 3.4, with respect to Offshore Notes registered on the Record Date in the name of the nominee of the Clearing Agency (initially, such nominee to be the Common Depository), payment will be made by wire transfer in immediately available funds to the account designated by such nominee and except for the final instalment of principal payable with respect to such Offshore Note on a Payment Date or Maturity Date (and except for the redemption for any Offshore Note called for redemption pursuant to the relevant Condition 5 which shall be payable as provided in paragraph (f).
(f) The principal of each Offshore Note shall be payable on each Payment Date and the Final Maturity Date as set forth in the relevant Conditions. The Principal Paying Agent shall notify the person in whose name an Offshore Note is registered at the close of business on the Record Date preceding the Payment Date, of the date on which the Trustee expects that the final instalment of principal and interest on such Offshore Note will be paid. Such notice shall be mailed or transmitted by facsimile prior to such Final Maturity Date and shall specify that such final instalment will be payable only upon presentation and surrender of such Offshore Note and shall specify the place where such Offshore Note may be presented Note Trust Deed [▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ LOGO] -------------------------------------------------------------------------------- and surrendered for payment of such instalment. Notices in connection with redemptions of Offshore Notes shall be mailed to Offshore Noteholders as provided in clause 26.1.
Appears in 1 contract
Absolute owner. (a) The Trustee, the Trust Manager, the Security Trustee, the Note Trustee and any Paying Agent may treat the registered holder holders of any Class A Definitive Note as the absolute owner of that Definitive Note (whether or not that Definitive Note is overdue and despite any notation or notice to the contrary or writing on it or any notice of previous loss or theft of it or trust or other interest in it) for the purpose of making payment and for all purposes and none of the Trustee, the Trust Manager, the Security Trustee, the Note Trustee or any the Paying Agent Agents is affected by any notice to the contrary.
(b) So long as the Class A Offshore Notes, or any of them, are represented by a Global Book-Entry Note, the Trustee, the Trust Manager, the Security Trustee, the Note Trustee and any Paying Agent may treat the person for the time being shown in the records of the relevant Clearing Agency as the holder of any Class A Notes Offshore Note as the absolute owner of those Class A Notes that Offshore Note and the Trustee, the Trust Manager, the Security Trustee, the Note Trustee and the Paying Agents are not affected by any notice to the contrary, but without prejudice to the entitlement of the registered holder of a Global the Book-Entry Note to be paid principal and interest on the Global Book-Entry Note in accordance with its terms. Without limitation, notices to the Class A Offshore Noteholders may be given by by:
(i) in the case of the Class A-1 Noteholders, delivery of the relevant notice to the relevant Clearing Agency for the Class A-1 Notes as the holder of the relevant Class A A-1 Notes for communication by them to entitled account holdersholders in substitution for publication as required by the relevant Conditions; or
(ii) in the case of the Class A-2 Noteholders, delivery of the relevant notice to Euroclear or Clearstream, Luxembourg for communication by them to entitled -------------------------------------------------------------------------------- Page 37 + Note Trust Deed Allens Arthur Robins▇▇ -------------------------------------------------------------------------------- account holders in substitution for publication as required by the relevant Conditions.
(c) Provided the Trustee, the Note Trustee or the Security Trustee (as the case may be) (or a Paying Agent on behalf of the Trustee, the Note Trustee, or the Security Trustee (as the case may be)) pays the registered holder of the Global Notes for the Class A Notes relevant Noteholder in accordance with the Transaction Documents, each Note Owner such Noteholder shall have no claim directly against the Trustee, the Note Trustee or the Security Trustee (as the case may be) Principal Paying Agent in respect of payment due on any Class A the Offshore Notes for so long as those Class A the Offshore Notes are represented by a Global NoteBook Entry Note and the relevant obligations of the Trustee will be discharged by payment to the registered holder of the Book Entry Note in respect of each amount so paid.
(d) Without limiting the preceding paragraphs of this clause 20.1, all All payments made to a Note Owner in respect any person treated as the owner of a Class A an Offshore Note under this clause (or, in the case of a Global Book-Entry Note, to or to the order of the registered holder of that Global Book-Entry Note) shall be valid and, to the extent of the sums so paid, effective to satisfy and discharge the liability for the moneys payable upon those Class A Notesthat Offshore Note.
(e) Any instalment of interest or principal, payable on any Offshore Note which is punctually paid or duly provided for by the Trustee to the Paying Agent on the applicable Payment Date or Maturity Date shall be paid to the person in whose name such Offshore Note is registered on the Record Date, by cheque mailed first-class, postage prepaid, to such person's address as it appears on the Note Register on such Record Date, except that, unless Definitive Notes have been issued pursuant to clause 3.3 or clause 3.4, with respect to Offshore Notes registered on the Record Date in the name of the nominee of the Clearing Agency (initially, such nominee to be the Common Depository), payment will be made by wire transfer in immediately available funds to the account designated by such nominee and except for the final instalment of principal payable with respect to such Offshore Note on a Payment Date or Maturity Date (and except for the redemption for any Offshore Note called for redemption pursuant to the relevant Condition 5 which shall be payable as provided in paragraph (f).
(f) The principal of each Offshore Note shall be payable on each Payment Date and the Final Maturity Date as set forth in the relevant Conditions. The Principal Paying Agent shall notify the person in whose name an Offshore Note is registered at the close of business on the Record Date preceding the Payment Date, of the date on which the Trustee expects that the final instalment of principal and interest on such Offshore Note will be paid. Such notice shall be mailed or transmitted by facsimile prior to such Final Maturity Date and shall specify that such final instalment will be payable only upon presentation and surrender of such Offshore Note and shall specify the place where such Offshore Note may be presented and surrendered for payment of such instalment. Notices in connection with redemptions of Offshore Notes shall be mailed to Offshore Noteholders as provided in clause 26.1.
Appears in 1 contract
Sources: Note Trust Deed (Crusade Global Trust No. 2 of 2006)
Absolute owner. (a) The Trustee, the Trust Manager, the Security Trustee, the Note Trustee and any Paying Agent may treat the registered holder holders of any Class A Definitive Note as the absolute owner of that Definitive Note (whether or not that Definitive Note is overdue and despite any notation or notice to the contrary of ownership or writing on it or any notice of previous loss or theft of it or trust or other interest in it) for the purpose of making payment and for all purposes and none of the Trustee, the Trust Manager, the Security Trustee, the Note Trustee or any the Paying Agent Agents is affected by any notice to the contrary.
(b) So long as the Class A Notes, or any of them, are represented by a Global Book-Entry Note, the Trustee, the Trust Manager, the Security Trustee, the Note Trustee and any Paying Agent may treat the person for the time being shown in the records of the relevant Clearing Agency as the holder of any Class A Notes Note as the absolute owner of those that Class A Notes Note and the Trustee, the Trust Manager, the Security Trustee, the Note Trustee and the Paying Agents are not affected by any notice to the contrary, but without prejudice to the entitlement of the registered holder of a Global the Book-Entry Note to be Note Trust ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ & ▇▇▇▇▇▇▇ -------------------------------------------------------------------------------- paid principal and interest on the Global Book-Entry Note in accordance with its terms. Without limitation, notices to the Class A Noteholders may be given by delivery of the relevant notice to the relevant Clearing Agency as the holder of the Class A Notes for communication by them to entitled account holders.
(c) Provided the Trustee, the Note Trustee or the Security Trustee (as the case may be) (or a Paying Agent on behalf of the Trustee, the Note Trustee, or the Security Trustee (as the case may be)) pays the registered holder of the Global Notes for the Class A Notes in accordance with the Transaction Documents, each Note Owner Such person shall have no claim directly against the Trustee, the Note Trustee or the Security Trustee (as the case may be) in respect of payment due on any the Class A Notes for so long as those the Class A Notes are represented by a Global NoteBook-Entry Note and the relevant obligations of the Trustee will be discharged by payment to the registered holder of the Book-Entry Note in respect of each amount so paid.
(c) Any payments by the Trustee to the registered holder of a Book- Entry Note or to an owner of an Class A Note under this clause will be a good discharge to the Trustee.
(d) Without limiting the preceding paragraphs of this clause 20.1, all All payments made to a Note Owner in respect the owner of a an Class A Note under this clause (or, in the case of a Global Book-Entry Note, to or to the order of the registered holder of that Global Book-Entry Note) shall be valid and, to the extent of the sums so paid, effective to satisfy and discharge the liability for the moneys payable upon those Class A Notes.
(e) Any instalment of interest or principal, payable on any Class A Note which is punctually paid or duly provided for by the Trustee to the Paying Agent on the applicable Payment Date or Maturity Date shall be paid to the person in whose name such Class A Note is registered on the Record Date, by cheque mailed first-class, postage prepaid, to such person's address as it appears on the Note Register on such Record Date, except that, unless Definitive Notes have been issued pursuant to clause 3.3, with respect to Class A Notes registered on the Record Date in the name of the nominee of the Clearing Agency (initially, such nominee to be Cede & Co.), payment will be made by wire transfer in immediately available funds to the account designated by such nominee and except for the final instalment of principal payable with respect to such Class A Note on a Payment Date or Maturity Date and except for the redemption for any Class A Note called for redemption pursuant to Condition 5 which shall be payable as provided in paragraph (f).
(f) The principal of each Class A Note shall be payable on each Payment Date and the Maturity Date as set forth in the Conditions. The Principal Paying Agent shall notify the person in whose name a Class A Note is registered at the close of business on the Record Date preceding the Payment Date on which the Trustee expects that the final instalment of principal of and interest on such Class A Note will be paid. Such notice shall be mailed or transmitted by facsimile prior to such final Maturity Date and shall specify that such final instalment will be payable only upon presentation and surrender of such Class A Note and shall specify the place where such Class A Note may be presented and surrendered for payment of such instalment. Notices in connection with redemptions of Class A Notes shall be mailed to the Class A Noteholders as provided in clause 31.4.
Appears in 1 contract
Sources: Note Trust Deed (Westpac Securitisation Management Pty LTD)