Issue of Notes and Certificates Clause Samples

The 'Issue of Notes and Certificates' clause defines the process and conditions under which financial instruments such as notes or certificates are created and distributed to investors. Typically, this clause outlines the procedures for issuing these documents, including the timing, form, and any prerequisites that must be met before issuance, such as payment or completion of documentation. Its core function is to ensure a clear and orderly process for the creation and delivery of these instruments, thereby reducing confusion and establishing the rights and obligations of all parties involved.