Common use of The Issue Clause in Contracts

The Issue. and Paying Agent shall notify the Issuer as soon as practicable after it receives a request for the issue of Certificated Notes in accordance with the provisions of a Global Note and the aggregate nominal amount of the Global Note to be exchanged. The Issue and Paying Agent will cause, in accordance with the instructions and procedures of DTC, Euroclear and/or Clearstream, Luxembourg, the aggregate principal amount of the Global Note to be reduced and, following such reduction, the Issuer will execute and, upon receipt of an authentication order in the form of an Officers’ Certificate, the Issue and Paying Agent will authenticate and make available for delivery a Certificated Note.