High Denomination Notes definition
High Denomination Notes means any Notes (including rights representing an interest in a Note in global form) (a) issued by UPM-Kymmene in respect of which the offer and sale to Dutch Residents has not been excluded or (b) issued by UPM-Kymmene Finance, meeting all of the following criteria:
Examples of High Denomination Notes in a sentence
Notes qualifying as High Denomination Notes must always be deposited on their issue date with DTC, Euroclear or Clearstream, Luxembourg, unless prior clearance has been obtained from the Dutch Central Bank (De Nederlandsche Bank) if an alternative clearing system is selected.
Notes qualifying as High Denomination Notes must always be deposited on their issue date with DTC, Euroclear or Clearstream, Luxembourg, unless prior clearance has been obtained from the Dutch Central Bank (De Nederlansche Bank) if an alternative clearing system is selected.