Common use of Safe-keeping Clause in Contracts

Safe-keeping. The Principal Paying Agent shall cause the Notes delivered to and held by it under this Agreement to be maintained in safe keeping and shall ensure that interests in the Temporary Global Notes are only exchanged for interests in the Permanent Global Notes in accordance with the terms of the Temporary Global Notes and this Agreement and that the definitive Notes are issued only in accordance with the terms of a Global Note, the Trust Deed and this Agreement.

Appears in 2 contracts

Sources: Agency Agreement, Agency Agreement