Common use of CMU Lodging Agent Clause in Contracts

CMU Lodging Agent. The CMU Lodging Agent will lodge the Global Note or Global Certificate in respect of each Series of Notes with a sub-custodian of the CMU, in accordance with the provisions of the Procedures Memorandum and the CMU Rules, acting as lodging agent (as such term is defined in the CMU Rules) on behalf of the Issuer, and will be nominated as a paying agent to receive notification from the CMU in respect of interests in the Global Note or Global Certificate credited to accountholders with the CMU prior to the interest payment dates and the maturity date of each Series of Notes. The authorisations, acknowledgements and agreements of the Issuer set out in this Clause 10 with the CMU Lodging Agent are, as required by the CMU Rules, also made in favour of HKMA, in its capacity as operator of the CMU, and its servants and agents.

CMU Lodging Agent. The CMU Lodging Agent will lodge the Global Note or Global Certificate in respect of each Series of Notes with a sub-custodian of the CMU, in accordance with the provisions of the Procedures Memorandum and the CMU Rules, acting as lodging agent Program Manual (as such term is defined in the CMU Rules) and the CMU Rules, acting as lodging agent on behalf of the Issuer, and will be nominated as a paying agent to receive notification from the CMU in respect of interests in the Global Note or Global Certificate credited to accountholders with the CMU prior to the interest payment dates and the maturity date of each Series of Notes. The authorisations, acknowledgements and agreements of the Issuer set out in this Clause 10 with the CMU Lodging Agent are, as required by the CMU Rules, also made in favour of HKMA, in its capacity as operator of the CMU, and its servants and agents.