Settlement Procedure. (a) Delivery of the Settlement Shares, or, if the Holder elects, ADSs or the Alternative Consideration, as applicable, to the Holders and Beneficial Owners shall be made in accordance with the procedures set forth in this Section 3.19, which remain subject to change to reflect changes in DTC practices and the Company may make changes to the procedures set forth in this Section 3.19 to the extent necessary, in the opinion of the Company, to reflect such changes in DTC practices.
Appears in 2 contracts
Samples: Eighth Supplemental Indenture (NatWest Group PLC), Fourth Supplemental Indenture (Royal Bank of Scotland Group PLC)
Settlement Procedure. (a) Delivery of the Settlement Shares, or, if the Holder elects, ADSs or the Alternative Consideration, as applicable, to the Holders and Beneficial Owners of the Additional Tier 1 Securities shall be made in accordance with the procedures set forth in this Section 3.19Section 2.17, which remain subject to change to reflect changes in DTC practices and the Company may make changes to the procedures set forth in this Section 3.19 to the extent necessary, in the opinion of the Company, to reflect such changes in DTC practices.
Appears in 2 contracts
Samples: First Supplemental Indenture (Lloyds Banking Group PLC), First Supplemental Indenture (Lloyds Banking Group PLC)
Settlement Procedure. (a) Delivery of the Settlement Shares, or, if the Holder elects, ADSs or the Alternative Consideration, as applicable, to the Holders and Beneficial Owners shall be made in accordance with the procedures set forth in this Section 3.192.18, which remain subject to change to reflect changes in DTC practices and the Company may make changes to the procedures set forth in this Section 3.19 2.18 to the extent necessary, in the opinion of the Company, to reflect such changes in DTC practices.
Appears in 1 contract
Samples: First Supplemental Indenture (Royal Bank of Scotland Group PLC)
