Dematerialised definition
Examples of Dematerialised in a sentence
Each Paying Agent, on behalf (and at the request and expense) of the Fiscal Agent or, with respect to Italian Dematerialised Securities, the Italian Paying Agent, shall make all necessary notifications and filings as may be required from time to time in relation to the issue, purchase and settlement of Securities by all applicable laws, regulations and guidelines.
The Italian Paying Agent accepts its appointment as agent of the Issuers and the Guarantor in relation to the Italian Dematerialised Securities and shall perform all matters expressed to be performed by it in, and otherwise comply with, the Conditions and the provisions of this Agreement and, in connection therewith, shall take all such action as may be incidental thereto.
The Fiscal Agent or, with respect to Italian Dematerialised Securities, the Italian Paying Agent, shall immediately notify the relevant Issuer and, where applicable, the Guarantor of any notice delivered to it including, without limitation, those requiring any breach of any provision of this Agreement or the Conditions applicable to any Tranche of Securities to be remedied.
In addition to its other duties set out in this Agreement, the Fiscal Agent agrees to ensure that all necessary action is taken to comply with any reporting requirements of any competent authority in respect of any relevant currency or other feature of the relevant Securities as may be in force from time to time with respect to the Securities to be issued under the Programme (including Italian Dematerialised Securities).
The Issuers, the Guarantor and the Fiscal Agent agree to the appointment of the Italian Paying Agent in relation to Italian Dematerialised Securities where transfer and exchange of such Italian Dematerialised Securities will take place through the book-entry system managed by Monte Titoli for the purposes specified in this Agreement and in the Conditions and all matters incidental thereto.