Examples of Individual Certificate in a sentence
Where a Noteholder has transferred a portion only of Registered Notes represented by an Individual Certificate, the Transfer Agent will authenticate and deliver to such Noteholder at the Transfer Agent's Specified Office or, at the risk of such Noteholder, send by mail to such address as such Noteholder may request, a new Individual Certificate representing the balance of the Registered Notes held by such Noteholder.
A holder of a Beneficial Interest in Registered Notes represented by a Global Certificate shall be entitled to exchange such Beneficial Interest for Registered Notes represented by an Individual Certificate only upon the occurrence of an Exchange Event.
A Registered Note which is represented by an Individual Certificate may be replaced by uncertificated securities in terms of section 37 of the Financial Markets Act.
A holder of a Beneficial Interest shall only be entitled to exchange such Beneficial Interest for Registered Notes represented by an Individual Certificate in accordance with Condition 12 (Exchange of Beneficial Interests and Replacement of Certificates in respect of Notes held in the Central Depository).
Each Individual Certificate will be numbered serially withan identifying number which will be recorded on the relevant Individual Certificate and in the register of holders of the Capital Securities (the "Register").Upon issue, the Capital Securities will be represented by the Global Certificate which will be deposited with, and registered in the name of a nominee for, a common depositary for Euroclear Bank SA/NV ("Euroclear") and Clearstream Banking S.A. ("Clearstream, Luxembourg").