Direct Rights definition

Direct Rights means the rights referred to in Clause 2.1 (Direct Rights - Creation);

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Direct Rights means the rights referred to in Clause 3.1 (Direct Rights - Creation);

Direct Rights means the rights referred to in Clause 3 of the Deed of Covenant.

Examples of Direct Rights in a sentence

• Upon each such notice being given, this Permanent Global Note shall become void to the extent of the nominal amount stated in such notice, save to the extent that the appropriate Direct Rights shall fail to take effect, for whatever reason.

• Upon each such notice being given, this Temporary Global Note shall become void to the extent of the nominal amount stated in such notice, save to the extent that the appropriate Direct Rights shall fail to take effect, for whatever reason.

• Upon each such notice being given, this permanent Global Note shall become void to the extent of the nominal amount stated in such notice, save to the extent that the appropriate Direct Rights shall fail to take effect, for whatever reason.

• Upon each such notice being given, this temporary Global Note shall become void to the extent of the nominal amount stated in such notice, save to the extent that the appropriate Direct Rights shall fail to take effect, for whatever reason.

• Any Relevant Account Holder is entitled to receive payment of the Principal Amount of its Entry and of all other sums referable to its Direct Rights to the exclusion of any other person and payment in full by the Issuer to such Relevant Account Holder shall discharge the Issuer from all obligations in respect of such Entry and such Direct Rights.

More Definitions of Direct Rights

Direct Rights means the rights referred to and defined in Clause 2.1;

Direct Rights means, in the case of Bearer Instruments, the rights referred to in Clause 6.1 and in the case of Registered Instruments, the rights referred to in Clause 6.2.

Direct Rights means, in the case of Bearer Notes, the rights referred to in Clause 3.1 (Direct rights – Bearer Notes) and, in the case of Registered Note, the rights referred to in Clause 3.2 (Direct Rights – Registered Notes);

Direct Rights means the rights referred to in [Clause 3] of the Deed of Covenant. “DTC” means The Depository Trust Company.

Direct Rights means the rights referred to and defined in Clause 3.1. "DTC" means The Depository Trust Company, a New York Corporation.

Direct Rights means, in relation to any Global Instrument, those rights which each Relevant Account Holder would have had in respect of the Instruments if, immediately before the Determination Date in relation to the relevant Global Instrument, Definitive Instruments, Individual International Instrument Certificates or Individual Instrument Certificates (as the case may be) had been issued in its favour by SEK in exchange for its interest in the relevant Global Instrument in an aggregate principal amount equal to the Principal Amount of such Relevant Account Holder's Entries relating to such Global Instrument, including, without limitation, rights to receive all payments of principal and any interest in respect of the Instruments represented by such Definitive Instruments, Individual International Instrument Certificates or Individual Instrument Certificates (as the case may be) as if such Definitive Instruments, Individual International Instrument Certificates or Individual Instrument Certificates, respectively, had (where required by the Conditions) been duly presented and (where required by the Conditions) surrendered on the due date in accordance with the Conditions. Anything which might prevent the issuance of Definitive Instruments, Individual International Instrument Certificates or Individual Instrument Certificates in an aggregate principal amount equal to the Principal Amount of any Entry of any Relevant Account Holder shall be disregarded for the purposes of this definition, but without prejudice to its effectiveness for any other purpose.

Direct Rights means the rights referred to in paragraph 2;