ISSUE PROGRAMME Sample Clauses

ISSUE PROGRAMME. 2.1 The Issue Programme created under this Agreement provides for multiple issues of the Bonds by the Issuer as part of various Series, subject to the terms presented in the relevant Terms and Conditions of Issue, in this Agreement and in the Proposal to Acquire Bonds. 2.2 Bonds will be issued as Coupon Bonds or Zero-Coupon Bonds within the framework of the Issue Programme on the basis of Article 4 in conjunction with Article 2 (1) (a) of the Bonds Act and will be offered on the basis of a Proposal to Acquire Bonds in the manner referred to in Clause 2.7 of the Agreement, in accordance with the Terms and Conditions of Issue. 2.3 Coupon Bonds will be redeemed on the terms specified in the Terms and Conditions of Issue of a given Series of Coupon Bonds on a single Maturity Date, being the same date for a given Series of Coupon Bonds, through the payment of Redemption Amounts under such Bonds, increased by the value of the Interest Amounts. Zero-Coupon Bonds will be redeemed on a single Maturity Date, being the same date for a given Series of Zero-Coupon Bonds, through the payment of Redemption Amounts under such Bonds. 2.4 The aggregate nominal value of the Bonds issued as part of the Issue Programme may at no time during the term of the Issue Programme exceed the Programme Amount, having regard to the revolving nature of this limit. 2.5 The issues of particular Series of Bonds will be floated in accordance with the terms specified in the relevant Operating Procedure. 2.6 On the Issue Date, Bonds will be entered in the Register of Rightsholders maintained by the Issue Agent, and subsequently will be registered with the securities depository managed by KDPW through the Issue Agent. No Bonds of any Series will be introduced into an alternative trading system or into trading on the regulated market.