Common use of Delay in Payments Clause in Contracts

Delay in Payments. Bondholders will not be entitled to any interest or other payment for any delay after the due date in receiving the amount due on a Bond if the due date is not a Business Day, if the Bondholder is late in surrendering or cannot surrender its Certificate (if required to do so) or if a cheque mailed in accordance with Condition 6(a)(iii).

Appears in 3 contracts

Samples: Securities and Futures, www1.hkexnews.hk, www1.hkexnews.hk

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Delay in Payments. Bondholders will not be entitled to any interest or other payment for any delay after the due date in receiving the amount due on a Bond if the due date is not a Payment Business Day, if the Bondholder is late in surrendering or cannot surrender its Certificate (if required to do so) or if a cheque mailed in accordance with Condition 6(a)(iii).

Appears in 2 contracts

Samples: www1.hkexnews.hk, www1.hkexnews.hk

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Delay in Payments. Bondholders will not be entitled to any interest or other payment for any delay after the due date in receiving the amount due on a Bond if the due date is not a Business Day, if the Bondholder is late in surrendering or cannot surrender its Certificate (if required to do so) or if a cheque mailed in accordance with Condition 6(a)(iii6(a)(ii).

Appears in 2 contracts

Samples: Securities and Futures, www1.hkexnews.hk

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