The Registered Notes Clause Samples
The Registered Notes clause defines the terms and conditions under which certain debt instruments, known as registered notes, are issued and maintained. It typically outlines the process for registering ownership of the notes, the rights of noteholders, and the procedures for transferring or exchanging the notes. For example, it may specify that only persons whose names are recorded in a register maintained by the issuer are recognized as legal owners. This clause ensures clarity and legal certainty regarding ownership and transfer of the notes, thereby reducing the risk of disputes and facilitating smooth transactions.
The Registered Notes. The Registered Notes of each Tranche will initially be evidenced by one or more Registered Global Notes. Interests in a Registered Global Note shall be exchangeable, in accordance with its terms, for individual Certificates.
The Registered Notes. The Relevant Issuer hereby constitutes the Registered Notes and covenants in favour of each Holder of a Registered Note that it will duly perform and comply with the obligations expressed to be undertaken by it in each Note Certificate and in the Conditions (and for this purpose any reference in the Conditions to any obligation or payment under or in respect of the Notes shall be construed to include a reference to any obligation or payment under or pursuant to this provision).