Examples of designated office in a sentence
Where payment is to be made by transfer to a registered account, payment instructions (for value on the due date or, if that is not a Business Day, for value on the first following day which is a Business Day) will be initiated on the due date for payment (or, if it is not a Business Day, the immediately following Business Day), or in the case of payment of principle, if later, on the Business Day on which the relevant Certificate is surrendered at the Designated Office of the Issuer in Hong Kong.
The Corporation shall also cause to be kept by the Subscription Receipt Agent at the Designated Office, the register of transfers, and may also cause to be kept by the Subscription Receipt Agent (subject to the Subscription Receipt Agent’s prior approval), branch registers of transfers in which shall be recorded the particulars of the transfers of Subscription Receipts, registered in that branch register of transfers.
Payment of principal will only be made after surrender of the relevant Certificate at the Designated Office of the Issuer in Hong Kong.
To exercise the Conversion Right attaching to any Bond, the holder thereof must complete, execute and deposit at its own expense during normal business hours at the Designated Office a notice of conversion (a “Conversion Notice”) in the form scheduled to these Terms as Exhibit B.