Common use of Notice to Taiwanese Paying Agent Clause in Contracts

Notice to Taiwanese Paying Agent. 6.1.1 If the Issuer intends (other than consequent upon an Event of Default or any right of the holder to require redemption) to redeem all or any of the Senior NTD Notes of any Series before their stated maturity date or to exercise any Issuer’s option in the Senior NTD Note Conditions, it shall, at least 14 days before the latest date for the publication of the notice of redemption or of exercise of the Issuer’s option required to be given to Noteholders, give notice of such intention to the Taiwanese Paying Agent and to the Taiwanese Trustee stating the date on which such Senior NTD Notes are to be redeemed or such option is to be exercised and the nominal amount of Senior NTD Notes to be redeemed or subject to the option. 6.1.2 The Issuer shall publish or cause to be published, a notice of redemption or a notice confirming the exercise of the Issuer’s option on the website designated by the TPEx in accordance with the relevant regulations of the TPEx.

Appears in 1 contract

Sources: Supplemental Agency Agreement

Notice to Taiwanese Paying Agent. 6.1.1 If the Relevant Issuer intends (other than consequent upon an Event of Default or any right of the holder to require redemption) to redeem all or any of the Senior NTD Notes of any Series before their stated maturity date or to exercise any Relevant Issuer’s option in the Senior NTD Note Conditions, it shall, at least 14 days before the latest date for the publication of the notice of redemption or of exercise of the Relevant Issuer’s option required to be given to Noteholders, give notice of such intention to the Taiwanese Paying Agent and to the Taiwanese Trustee stating the date on which such Senior NTD Notes are to be redeemed or such option is to be exercised and the nominal amount of Senior NTD Notes to be redeemed or subject to the option. 6.1.2 The Relevant Issuer shall publish or cause to be published, a notice of redemption or a notice confirming the exercise of the Relevant Issuer’s option on the website designated by the TPEx in accordance with the relevant regulations of the TPEx.

Appears in 1 contract

Sources: Supplemental Agency Agreement