Common use of Delivery of Definitive Securities Clause in Contracts

Delivery of Definitive Securities. The relevant Issuer shall, in relation to each Tranche of Securities, which is represented by a Global Security which is due to be exchanged for Definitive Securities in accordance with its terms, ensure that there is delivered to the Fiscal Agent not less than ten Local Banking Days before the relevant Global Security becomes exchangeable therefor, the Definitive Securities (in unauthenticated form but executed by the relevant Issuer and otherwise complete) in relation thereto. The Fiscal Agent shall authenticate and deliver such Definitive Securities in accordance with the terms hereof and of the relevant Global Security. In the event that Definitive Securities are issued and the Fiscal Agent informs the Issuer that it is unable to perform its obligations under this Clause 4 or in respect of any other obligation of the Fiscal Agent under this Agreement, the Issuer shall forthwith appoint an additional agent which is able to perform such obligations.

Appears in 5 contracts

Samples: Issue and Paying Agency Agreement, Issue and Paying Agency Agreement, Issue and Paying Agency Agreement

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Delivery of Definitive Securities. The relevant Issuer shall, in relation to each Tranche of Securities, which is represented by a Global Security which is due to be exchanged for Definitive Securities in accordance with its terms, ensure that there is delivered to the Fiscal Agent not less than ten Local Banking Days before the relevant Global Security becomes exchangeable therefor, the Definitive Securities (in unauthenticated form but executed by the relevant Issuer and otherwise complete) in relation thereto. The Fiscal Agent shall authenticate and deliver such Definitive Securities in accordance with the terms hereof and of the relevant Global Security. In the event that Definitive Securities are issued and the Fiscal Agent informs the Issuer that it is unable to perform its obligations under this Clause 4 (Issuance of Securities) or in respect of any other obligation of the Fiscal Agent under this Agreement, the Issuer shall forthwith appoint an additional agent which is able to perform such obligations.

Appears in 1 contract

Samples: Issue and Paying Agency Agreement

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Delivery of Definitive Securities. The relevant Issuer shall, in relation to each Tranche of Securities, which is represented by a Global Security which is due to be exchanged for Definitive Securities in accordance with its terms, ensure that there is delivered to the Fiscal Agent not less than ten Local Banking Days before the relevant Global Security becomes exchangeable therefor, the Definitive Securities (in unauthenticated form but executed by the relevant Issuer and otherwise complete) in relation thereto. The Fiscal Agent shall authenticate and deliver such Definitive Securities in accordance with the terms hereof and of the relevant Global Security. In the event that Definitive Securities are issued and the Fiscal Agent informs the Issuer that it is unable to perform its obligations under this Clause 4 or in respect of any other obligation of the Fiscal Agent under this Agreement, the Issuer shall forthwith appoint an additional agent which is able to perform such obligations.

Appears in 1 contract

Samples: Issue and Paying Agency Agreement

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