Cancellation by Relevant Issuer Clause Samples
The 'Cancellation by Relevant Issuer' clause grants the issuer of a financial instrument or contract the right to cancel the agreement under specified circumstances. Typically, this clause outlines the conditions under which the issuer may exercise this right, such as regulatory changes, default by the counterparty, or other predefined events. By clearly defining when and how cancellation can occur, the clause provides certainty for both parties and allows the issuer to manage risk or respond to unforeseen developments.
Cancellation by Relevant Issuer. If the Relevant Issuer or the Relevant Guarantor or any of their subsidiaries purchase any NTD Notes that are to be cancelled in accordance with the NTD Conditions, the Relevant Issuer or the Relevant Guarantor shall forthwith cancel them or procure their cancellation and promptly inform the Taiwanese Paying Agent.
Cancellation by Relevant Issuer. If the Relevant Issuer or, in the case of Guaranteed Notes, the Guarantor or any of their Subsidiaries purchase any Notes that are to be cancelled in accordance with the Conditions, the Relevant Issuer or, in the case of Guaranteed Notes, the Guarantor shall forthwith cancel them or procure their cancellation, inform the Fiscal Agent or the Registrar, as the case may be, and send them (if in definitive bearer form) to the Fiscal Agent. If the Relevant Issuer or, in the case of Guaranteed Notes, the Guarantor or any of their Subsidiaries purchases any Notes for cancellation, the Relevant Issuer or, in the case of Guaranteed Notes, the Guarantor shall provide the Fiscal Agent instructions in the form agreed to by the Fiscal Agent confirming the details of the Notes to be purchased. The Relevant Issuer or, in the case of Guaranteed Notes, the Guarantor shall provide the instructions to the Fiscal Agent no later than two Business Days prior to the date on which the Notes are intended to be purchased and cancelled. Once the Notes have been received by the Paying Agent, it will request the immediate cancellation of the Notes.
Cancellation by Relevant Issuer. If the Relevant Issuer or, in the case of Guaranteed Notes, the Guarantor or any of their Subsidiaries purchase any Notes that are to be cancelled in accordance with the Conditions, the Relevant Issuer or, in the case of Guaranteed Notes, the Guarantor shall forthwith cancel them or procure their cancellation, inform the Fiscal Agent or the Registrar, as the case may be, and send them (if in definitive bearer form) to the Fiscal Agent.
Cancellation by Relevant Issuer. If the Relevant Issuer purchases any Notes that are to be cancelled in accordance with the Conditions, the Relevant Issuer shall forthwith cancel them or procure their cancellation, promptly inform the Note Trustee and the Issuing and Paying Agent or the Registrar, as the case may be, in writing, and send them (if in definitive bearer form) to the Issuing and Paying Agent.